ENLIGN Sells Nelson Distributing in San Antonio, Texas

San Antonio, TX – Nelson Distributing, a nationally known company providing top quality POS and ECR products and accessories for small businesses, is under new ownership.

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Seller, Rocky Nelson, and Reed Robertson, the Buyer. The sale of this business was especially challenging, with the seller operating the business in Texas, and the buyer in North Carolina.

Having recently purchased Longino Distributing in Statesville, NC through ENLIGN, buyer Reed Robertson had this to say: “I have recently purchased two businesses through Joe Vagnone, and my experience was a quick, easy and professional experience both times. I highly recommend Joe and Julie to help find the right business as well as make it a seamless process.”

Joe Vagnone had this to say: “This transaction will create the largest CRS distribution company in the country. The newly combined efforts of this deal will afford Reed a competitive advantage over all other distributors in the country selling similar products and services. I am very proud to have played a part in this new beginning of a very old and established […]

March 1st, 2021|

ENLIGN Sells Wilmington, NC Camp Run-a-Mutt Non-Franchise Related Assets

Wilmington, NC – ENLIGN Business Brokers has served as intermediary in the sale of Camp Run-a-Mutt Non-Franchise Related Assets in Wilmington, NC Tax Lawyers.

ENLIGN, representing the sellers, John and Jenna Johns, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with Buyer’s attorney Greg Katzman of NC Tax Lawyers and Sellers counsel Carmen Marzella of Marzella Law Group in preparing closing documents for client review and execution. ENLIGN Commercial, LLC. also assisted in negotiating the terms of land and building purchase.

“The Buyers, Tyler Brennan and Melissa Brennan, are excited about implementing their vision of a top tier dog boarding, grooming, training and retail location.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

ENLIGN does not release financial details of transactions.

For more information, visit ENLIGN’s website.

Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, business, sale, sold, Seller, Buyer, negotiation, valuation, marketing, Jenna Johns, John Johns, Tyler Brennan, Melissa Brennan, Camp Run-a-Mutt, dog, kennel, boarding, training, retail, grooming, Wilmington, NC, North Carolina

ENLIGN Advisors, which has […]

February 23rd, 2021|

ENLIGN Sells Yacht Sales, Transport, Storage, Maintenance and Repair Business

Raleigh, NC – ENLIGN Business Brokers has served as intermediary in the sale of Triton Yachts located in Oriental, NC.

ENLIGN, representing the sellers, Paul and Nancy Welles, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with Buyer’s attorney Carmen Marzella of Marzella Law Group and seller’s attorney in preparing closing documents for client review. ENLIGN Commercial, LLC. also assisted in negotiating the terms of land and building purchase.

“The Buyer, Blair Cooper, owns and operates a complimentary transportation and logistics business.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

ENLIGN does not release financial details of transactions.

For more information, visit ENLIGN’s website.

Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, business, sale, sold, Seller, Buyer, negotiation, valuation, marketing, Paul Welles, Nancy Welles, Wes Cooper, Triton Yachts, transport, service, maintenance, repair, sales

ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, Atlanta, GA and Orlando, FL provides seller and buyer services, professional negotiation, and valuation and marketing services to small […]

January 6th, 2021|

ENLIGN Sells Longino Distributing in Statesville, North Carolina

Statesville, NC – Longino Distributing, a company providing top quality POS products and accessories for small businesses, serving the mid-Atlantic and Southeast United States, and the Northeast and New York areas from a satellite center in Massachusetts, is under new ownership.

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Seller Ed Longino, and Reed Robertson, the Buyer. The sale of this business was especially challenging, due to the COVID-19 pandemic plaguing the world with both physical restrictions and economic challenges for the seven months prior to the sale of this business, whose main market consists of restaurants and small retail stores.

Joe Vagnone had this to say: “The distribution industry has been changing right before our eyes, requiring more and more cost control and inventory control than ever before. A buyer will need to be creative and a true partner with the dealers they supply. Reed Robertson will prove great at this challenge.”

Joe Vagnone is a proud referral partner of Quest (www.questnow.net ), an independent business advisory firm dedicated to helping business owners reach their goals and prepare for transitions. This deal is […]

October 6th, 2020|

ENLIGN Sells Birkdale Office Suites of Huntersville, NC

Huntersville, NC – Birkdale Office Suites, a business providing office space options to the business people of Huntersville, NC since 2015, is under new ownership.

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Sellers John Stengel, and Mark Bodnar, the Buyer.

The business sold in ten months from the day it was listed on the top online listing services.  Joe Vagnone, Lake Norman’s top business broker, had this to say about this sale: “This sale is just one example of how our in-house database found a buyer that is a perfect fit.”  Julie Wozniak, Client Services Manager, added: “We work with many buyers and sellers to facilitate our transactions.  This transaction is an impressive example of Joe’s creativity in that Joe was able to introduce this opportunity to Mark, who was seeking an economical solution to meet his office space needs.”

ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website, www.enlign.com.

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 […]

September 11th, 2020|

ENLIGN Sells Brookdale Florist of Statesville, NC

Statesville, NC – Brookdale Flowers and Gifts, a business hand-delivering premium floral arrangements and gift baskets to the people of Statesville, NC since 1961, is under new ownership.

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Sellers Joseph and Joan Eames, and Debra Younts and Miranda Crisp, the Buyers.

The business sold in seven months from the day it was listed on the top online listing services.  With many interested inquiries from these sites, the buyers turned out to be employees.  Joe Vagnone had this to say about the sale: “People would be surprised at how challenging these types of transactions are and we find that managing these to be especially emotional and challenging to meet the buyer’s and seller’s expectations.”

ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website, www.enlign.com.

ENLIGN, representing the sellers, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the sellers 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.

“I […]

August 31st, 2020|

ENLIGN Retained by Large Central NC Independent Garden Center

RALEIGH, NC – Jeff Snell has announced that the firm has been retained by a large central independent NC garden center.  ENLIGN will represent them in the sale of the business. ENLIGN will provide business appraisal and valuation services, confidential business marketing services, as well as represent the seller in sale negotiations.

News Facts:

• ENLIGN Business Brokers has announced that the firm has been retained by a large central NC garden center to represent them in the sale of the business.

• The business, which specializes in ornamentals, seasonals, perennials, plants, bushes, trees, garden supplies & landscape decor such as mulch and planters is established and ready for a new owner to take it to the next level.

• For listing details, visit https://enlign.com/

Quotes:

“Demand for this businesses products and services have always been in strong, but even more so since COVID-19 focused people towards sustainability. ” said Jeff Snell.

Keywords:

ENLIGN, Business Brokers, Advisors, Jeff Snell, business, seller, NC, North Carolina, garden center, […]

April 28th, 2020|

ENLIGN Retained by Franchised Dog Daycare, Boarding, Obedience and Grooming, with Retail Business

RALEIGH, NC – Jeff Snell has announced that the firm has been retained by a franchised dog daycare, boarding, obedience and grooming, with retail business to represent them in the sale of the business. ENLIGN will provide business appraisal and valuation services, confidential business marketing services, as well as represent the seller in sale negotiations.

News Facts:

• ENLIGN Business Brokers has announced that the firm has been retained by a franchised dog daycare, boarding, obedience and grooming with retail business to represent them in the sale of the business..

• The business, which specializes in dog daycare, dog boarding and dog spa services as well as obedience training is established and ready for a new owner to take it to the next level.

• For listing details, visit https://enlign.com/

Quotes:

“This growing business is a great opportunity for the new owner. The industry continues to grow and customers are spending more and more money on their pets.” said Jeff Snell.

“The pet industry is as 9 billion dollar industry and expected […]

April 28th, 2020|

ENLIGN Provides Business Valuation for Grammy Winning Heavy Metal Band

Raleigh, NC – ENLIGN Business Brokers has provided an Opinion of Value Report for a Grammy Award winning heavy metal band.

ENLIGN, calculated the Opinion of Value using the Discounted Cash Flow (DCF) method of business valuation. Considering revenue streams such as live performances, live performance merchandise sales, live performance bonuses, web store merchandise sales, recording contract advances, and royalty advances.

Merchandise sales include shirts, hats, cd’s and other band memorabilia.

The calculation included imputing a Weighted Average Cost of Capital (WACC) as a discount rate to determine the net present values of the various cash flows. Several dozen assumptions were required and included in the multi-page worksheet that was subsequently referenced in the Opinion of Value Letter provided to the client.

A discount for lack of control was also applied.

“Valuing a entertainment entity, such as a heavy metal rock band, was certainly one of the more interesting projects we’ve been retained to complete.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

The client was referred by their intellectual property and entertainment law firm based in New Orleans, LA.

ENLIGN does not release financial details of opinion of value.

For more information, visit ENLIGN’s website.

Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, heavy metal band, valuation, […]

September 12th, 2019|

ENLIGN Represents Seller of Outdoor Power Equipment Company

Raleigh, NC – ENLIGN Business Brokers has served as intermediary in the sale of Clay’s Power Equipment Raleigh and Fuquay Varina Locations.

ENLIGN, representing the sellers, Jerry and Phyllis Clay, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with Buyer’s attorney Carmen Marzella of Marzella Law Group and seller’s attorney in preparing closing documents for client review. ENLIGN Commercial, LLC. also assisted in negotiating the terms of the Raleigh lease.

“Wes and Brianne Hoerr, Buyers relocated to North Carolina to acquire the business.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

Buyers had industry experience that they plan to use to continue to build the companies brand recognition and reputation in the markets they serve.

ENLIGN does not release financial details of transactions.

For more information, visit ENLIGN’s website.

Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, business, sale, sold, Seller, Buyer, negotiation, valuation, marketing, Wes Hoerr, Brianne Hoerr, Jerry Clay, Phyllis Clay, Clay’s Power Equipment, outdoor power equipment, sales, service

ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in […]

July 31st, 2019|