ENLIGN Business Brokers has acted as intermediary in the sale of D’Lites Ice Cream of Cary to Sharon Sullivan of Dip & Serve Ice Cream Parlor, Inc. ENLIGN, representing the seller Azad Suruz, prepared a buyers information packet, performed a business valuation for the purpose of establishing an appropriate asking price, listed the business online, pre-qualified potential buyers, represented the sellers in pre-offer discussions regarding the business, assisted in the negotiation of the terms of the transaction, drafted closing documents for client review, and performed the closing which took place March 24th, 2006.
The company was marketed for nine months (the average time to sell is nine to twelve).
Enlign marketed the opportunity with the seven top online business listing services and also listed on the companies own website, www.enlign.com.
Some of the reasons business owners state that they chose to sell their businesses is realizing that the ideal exit strategy in a business sale is at or near the companies highest performance levels and/or when additional talent or skill sets are required which are not readily available internally. Some other sellers have offered burn out, increased competition, decreased margins, difficulty in marketing, administrative costs, taxation, family requirements, relocation, other business interests, […]