ENLIGN Sells The Grabbagreen Restaurant in North Hills, Raleigh, NC

Raleigh, NC – The Raleigh Grabbagreen Restaurant, is a fast food restaurant where great tasting, healthy food meet the speed and convenience of traditional fast food.  Grabbagreen is a nationwide franchise system.  An additional franchise (not opened) is for sale by ENLIGN in the Triangle market.

George Bradbury, broker with ENLIGN Business Brokers facilitated the sale between the Seller, Jeff and Heather Phillips and the Buyer, Jeff Adams.  Mr. Adams also owns Grabbagreen franchises in the Charlotte, NC market.  The transaction closed on December 29, 2017.

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 negotiation of the terms of the transaction, and worked with buyer’s and seller’s attorneys on closing documents for client review and execution.

The buyer was represented by Heath Gilbert, Jr. with the lawfirm Baucom Claytor in Charlotte, NC.  The sellers were represented by Doug McClanahan of McClanahan Law in Raleigh, NC.

Financial details of the transaction were not disclosed.

Quote: “The closing was able […]

December 29th, 2017|