ENLIGN Sells Custom Upholstery Manufacturer in Greensboro, NC

Greensboro, NC – Charles Milam, M&AMI, CBI announces the sale of a Custom Upholstery Manufacturer in North Carolina. This forty-year-old business specializes in the manufacturing of new upholstered furniture for high-end decorators, designers, and boutique retailers.

ENLIGN provided confidential business-for-sale marketing and buyer qualification services in addition to negotiating the term sheet and definitive purchase agreements. “Great things were accomplished today. A solid business found the perfect buyer who recognized the value of the enterprise.” stated Charles Milam, the Senior Broker who managed the transaction for ENLIGN.

Related Links: www.enlign.com

News Facts:

– ENLIGN Business Brokers has announced that the firm has sold a North Carolina Custom Upholstering business.

– ENLIGN valued the business, created the marketing materials, discreetly qualified all buyers, and provided term sheet negotiation services.

For listing details, visit www.enlign.com.

Quotes:

“Building on the tradition of excellence that has been established over the last four decades is a key goal of the new owner.” said Milam.

Keywords:

ENLIGN, Business Brokers, Charles Milam, CBI, business, seller, exit planning, buyer, negotiation, valuation, marketing, Greensboro, North Carolina, NC, upholstered, furniture, design, fabric, leather, decorators, designers, financing, acquisition, for sale

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and a regional offices in Charlotte, NC, Greensboro, […]

September 30th, 2016|

ENLIGN Sells Independent Rapid Refill Ink and Toner Business in Raleigh, NC

RALEIGH, NC – Jeff Snell has announced the successful sale of Rapid Refill Ink and Toner located in Raleigh, North Carolina to Kelly Gunterman.  The business was established in 2007, providing sales of aftermarket and OEM ink and toner for printers and copiers.

This is the firms 16th closing in 2016 with 6 additional closings currently scheduled representing over $5,000,000 in unlocked equity for business sellers.

ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website before the final sale agreement was reached.

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 agent with documents for client review and execution.

The closing was conducted by Carmen Marzella of The Marzella Law Group located in Cary, NC.

“This listing represents the longest in ENLIGN’s history spanning 5 years, 22 days .” said Jeff Snell, the broker who put the transaction together. The difficulty was primarily caused by the business being previously subject to franchisor terms and […]

September 19th, 2016|

ENLIGN Sells Profitable Vintage Corvette Car Dealership in Nashville, TN

NASHVILLE, TN  – Michael Fekkes, CBI, CEPA announces the sale of a classic and vintage corvette dealer in middle Tennessee.  This eleven-year-old business specializes in “driver quality” vettes from 1953-1962 known as the C1 Series.

ENLIGN provided confidential business-for-sale marketing and buyer qualification services in addition to negotiating the term sheet and definitive purchase agreements. “This was a phenomenal business that established a reputation around the globe for providing some of the rarest of corvettes at affordable prices.  They were able to build an international clientele and shipped cars to over twenty countries” stated Michael Fekkes, the Director of ENLIGN’s Nashville, Tennessee office.

Related Links: www.enlign.com

News Facts:

– ENLIGN Business Brokers has announced that the firm has sold a middle Tennessee classic corvette dealership.

– Great lifestyle business dealing with premium C-1 Series Corvettes and servicing customers in Europe, Australia and coast to coast in the United States.

– ENLIGN valued the business, created the marketing materials, discreetly qualified all buyers, and provided term sheet negotiation services.

For listing details, visit www.enlign.com.

Quotes:

“The new owner is looking forward to building on the tradition of excellence that has been the foundation of this business.  The future is very bright and I expect the business will be expanded […]

August 30th, 2016|

ENLIGN Sells Franchised Mobility Access Equipment Retailer with Rentals in Charlotte, NC

CHARLOTTE, NC – ENLIGN Sells Franchised Mobility Access Equipment Retailer.  Jeff Snell has announced the successful sale of Amramp located in Charlotte, North Carolina to Allen Cates.  The business was established in 2005, providing sales and rentals of the franchisors proprietary ramp systems in Western North Carolina and all of South Carolina..

This is the firms 13th closing in 2016 with 4 additional currently scheduled representing over $5,000,000 in unlocked equity for business sellers.

ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website before the final sale agreement was reached.

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 agent with documents for client review and execution.

The closing was conducted by Carmen Marzella of The Marzella Law Group located in Cary, NC.

The buyer and seller, Jason Somerville are excited about their new endeavors.

“This listing generated 36 qualified buyer inquiries 17 of which were during the ‘no shop’ provision period.” said Jeff Snell, […]

June 10th, 2016|

ENLIGN Sells High Quality Personal Service Limousine Transportation Company in Raleigh, NC

RALEIGH, NC – Jeff Snell has announced the successful sale of All-Points Transportation located in Raleigh, North Carolina to Triangle Corporate Coach.  The business was established in 2008, providing professional transportation services between Raleigh, Durham, Chapel Hill, Morrisville, Research Triangle Park, Pinehurst and Raleigh-Durham International Airport (RDU) in NC.

This is the firms 12th closing in 2016 with 5 additional currently scheduled representing over $5,000,000 in unlocked equity for business sellers.

ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website before the final sale agreement was reached.

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 agent with documents for client review and execution.

The closing was conducted by Carmen Marzella of The Marzella Law Group located in Cary NC.

The buyer, Travis Brisbon and the seller, Gregg Kuntz are extremely pleased with the outcome and will work together through a structured transition period to ensure a seamless turn over.

“This was a complex transaction […]

June 2nd, 2016|

ENLIGN Sells Fly Fishing and Outdoor Retail Shop in Charlotte, NC

CORNELIUS, NC – Joe Vagnone has announced the successful sale of Madison River Fly Fishing Outfitters located in Cornelius, North Carolina.  This shop has been in business for 16 years, providing men’s outdoor brands in a retail setting as well as a full fly fishing guide service.

ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website, www.enlign.com before the final sale agreement was reached.

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.

Both the buyer and the seller in this deal are extremely pleased with the outcome of this sale, and plan to work together to ensure the further success and growth of this business.   Joe Vagnone:  “I tell clients, ‘You’re not paying me just to find a willing buyer; you’re really paying me to get the deal done, this deal is a perfect example of that.’

Mr. Vagnone’s passion is the success of small business, and makes effort […]

May 31st, 2016|

ENLIGN & Scale Finance Facilitate Partnership Buyout of IRV Plumbing

CHARLOTTE, NC: ENLIGN Business Broker Joe Vagnone and Scale Finance Director Roger Portaro announce the successful partnership buyout of IRV Plumbing & Electric, a corporate finance transaction involving a complex negotiation between partners, creative deal structuring, and securing two separate debt facilities in order to finance the deal. A unit within Wells Fargo has partnered with IRV in providing the financing.

ENLIGN and Scale Finance advised the three owners of IRV Plumbing & Electric on this strategic partnership and corporate finance transaction from beginning to end. Specific terms have not been disclosed.

“Intercompany buyouts are especially very challenging and require very experienced, sensitive negotiation skills.” – Joe Vagnone

About IRV Plumbing

Charlotte-based IRV Plumbing & Electric is a full service plumbing and electrical services contractor that has successfully served the Charlotte, NC region for decades. With over 100 years of combined experience, IRV’s technicians offer exceptionally skilled service across a broad spectrum of residential and commercial needs, e.g. tankless water heater installation, drain repairs, backflow prevention, leak detection, pipe inspection, sump pump maintenance, sewer and drain service, gas lines, lighting installation, generator installation and maintenance, electrical repairs, etc. IRV has earned a well-known reputation for prompt, reliable service every time.

About ENLIGN Business Brokers

ENLIGN Business […]

May 24th, 2016|

ENLIGN Sells Online Jewelry Retailer Based in Chapel Hill, NC

CHAPEL HILL, NC  – John O’Connor, ABI announced the sale of KellyAndPavel Designs based in Chapel Hill, North Carolina.  The business provides online jewelry, custom designs and other original items at an affordable prices for customers around the world.

ENLIGN provided a business valuation, the confidential business-for-sale review, marketed the business for sale online, to their 2,700 eNews subscribers, buyer qualification as well as assistance in lending, letter of intent, term sheet and definitive purchase agreement negotiation services.

“The business was started by a couple after learning their friends adored their designs and it grew while they pursued a PhD and an engineering career (Pavel) and won graduate school admission to Duke’s renowned MBA program (Kelly),” stated John O’Connor. “So they decided to sell their online gem to chase different dreams.”

The business was sold in 179 days – one day shy of 6 months.

The buyer purchased 100% of the business assets.

Related Links: https://enlign.com/listing-profile/?l=892

News Facts:

  • ENLIGN Business Brokers has announced that the firm has sold an Online Jewelry Retailer Based in Chapel Hill, NC
  • ENLIGN facilitated all aspects of the asset sale.

For listing details, visit https://enlign.com/listing-profile/?l=892

Quotes:

“The business was started by a couple after learning their friends adored their designs and it […]

April 28th, 2016|

Triangle Business Journal Reports ENLIGN Completes Highest Value Sale at Highest Multiple in Q1 2016

TBJ Small Biz Sales 4-2016RALEIGH, NC  – Jeff Snell, M&AMI, CBI, ABI announced that The Triangle Business Journal reported on April 15th, 2016 that ENLIGN had successfully completed the largest Triangle reported area transaction during Q1 2016.

The firm also recorded the highest multiple of owner benefit in sales price and represented 43% of all reported transactions.

The data is collected from www.bizbuysell.com.

News Facts:

  • The Triangle Business Journal reported on April 15th, 2016 that ENLIGN had successfully completed the largest reported Triangle area transaction during Q1 2016.
  • ENLIGN recorded the highest multiple of owner benefit in sales priceduring the period.
  • ENLIGN represented 43% of all reported Raleigh-Cary transactions

For listing details, visit http://www.bizjournals.com/triangle/digital-edition?issue_id=221792

Quotes:

“The Triangle business reslae market is on fire.  ENLIGN has already completed 8 transactions and has another 8 under contract or reviewing offers with 4 new business for sale listings pending.” stated Jeff Snell

Keywords:

ENLIGN, Brokers, business, Business Brokers, buyer, ENLIGN, for sale, Jeff Snell, NC, North Carolina, Raleigh, sold, valuation, TBJ, Triangle Business Journal, Triangle

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and a regional offices in Charlotte, NC, Greensboro, NC and Nashville, TN, provides seller and […]

April 15th, 2016|

ENLIGN Sells Local Travel Magazine in Raleigh, NC

RALEIGH, NC  – John O’Connor, ABI announces the sale of the Travel Host Magazine franchise  in Raleigh, North Carolina.  The business provides advertising and editorial opportunities for local business owners for use by business and personal travelers.

ENLIGN provided a business valuation, the confidential business-for-sale review, buyer qualification as well as assistance in lending, letter of intent, term sheet and definitive purchase agreement negotiation services.

“This was a ‘true retirement’ opportunity and our clients have now retired and relocated to Costa Rica.” stated Jeff Snell

The buyer purchased 100% of the business assets.

Related Links: https://enlign.com/listing-profile/?l=803

News Facts:

  • ENLIGN Business Brokers has announced that the firm has sold the Travel Host Magazine franchise in Raleigh, NC.
  • ENLIGN facilitated all aspects of the asset sale.

For listing details, visit https://enlign.com/listing-profile/?l=803

Quotes:

“This was a ‘true retirement’ opportunity and our clients have now retired and relocated to Costa Rica.” stated Jeff Snell

Keywords:

ENLIGN, Business Brokers, John O’Connor, business, seller, buyer, negotiation, valuation, marketing, Raleigh, NC, North Carolina, Travel Host, Magazine, Publishing, for sale

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and a regional offices in Charlotte, NC, Greensboro, NC and Nashville, TN, provides seller and buyer services, professional negotiation, and valuation and marketing services to small and […]

March 28th, 2016|