Raleigh, NC – Great Blooms Florist, a a large single location florist, is under new ownership.
Jeff Snell facilitated this sale between the Seller, Glenn Gray, and Ben Erwin, the Buyer.
Jeff Snell had this to say: “The retail florist space has been consolidating over the past 5-10 years. Florists that are not either very large or multiple locations are difficult to sell. I was excited at the number of qualified buyer inquiries that were received and envision listing another local florist in the near term.”
ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website, www.enlign.com before the sale.
ENLIGN, representing the seller, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, pre-qualified potential buyers, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with buyer’s and seller’s closing documents for client review and execution.
ENLIGN does not release financial details of transactions.
ENLIGN, Business Brokers, Jeff Snell, business, seller, Raleigh, NC, North Carolina, florist, flowers, arrangement, delivery, acquisition, for sale, sold, Glenn Gray, Ben Erwin
About ENLIGN Business Brokers:
ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and […]