ENLIGN Sells The Junction Salon & Bar in Raleigh, NC

Raleigh, NC – The Junction, is a $1.2 million Hair and Nail Salon in Downtown Raleigh.  Their unique concept is that they are the only Salon in NC that also has a liquor license.  This combination allows for a wide variety of events and functions.

George Bradbury, Broker with ENLIGN Business Brokers, facilitated this sale between the Seller, Kym Ferguson, and the Buyer, Mahesh Singareni. Carmen Marzella of Marzella Law Group served as buyers counsel. The transaction closed on September 18, 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 closing documents for client review and execution.

Financial details of the transaction were not disclosed.

Keywords:

The Junction, Junction Salon, ENLIGN, Business Brokers, George Bradbury, business, seller, exit planning, buyer, negotiation, valuation, marketing, Raleigh, NC, North Carolina, salon, bar, liquor license, acquisition, for sale, sold, Carmen Marzella, Kym Ferguson, Mahesh Singareni

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters […]

September 18th, 2017|

ENLIGN Retained by $1million+ Hair and Nail Salon

RALEIGH, NC—George Bradbury has announced that the firm has been retained by a Hair and Nail Salon 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 large Hair and Nail Salon to represent them in the sale of the business.

• This Salon has a unique mix of services that has allowed it to grow at 35% the last four years.

• For listing details, visit www.enlign.com/listings

Quotes:

“The market in Wake county is extremely strong and is expected to continue to grow benefiting this business in the years ahead.” said George Bradbury

Keywords:

ENLIGN, Business Brokers, Advisors, business, seller, eGeorge Bradbury, buyer, negotiation, valuation, marketing, NC, North Carolina, hair, nail, salon, spa, financing, acquisition, for sale

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and 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 medium business sellers and buyers. ENLIGN provides business owners wishing to sell their businesses with discrete, objective […]

February 20th, 2017|

ENLIGN Sells Busy Upscale Hair Salon in Wake Forest, NC

WAKE FOREST, NC – George Bradbury has announced the successful sale of SHEARFUN Hair Studio located in Wake Forest, North Carolina with 12 stylists that provide a full line of hair and beauty care services. The business was established in 2010.

This is the firms 22nd closing in the past 12 months with 3 additional currently scheduled representing over $9,000,000 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 Kathryn Drake, Attorney At Law, Wake Forest, NC.

The buyer, Carrie Taglione and the seller, Lucy and Norm Jevons are extremely pleased with the outcome. The day of closing, they started working together through a structured transition period to ensure a seamless transition.

For listing details, visit https://enlign.com/listing-profile/?l=948

Keywords:

ENLIGN, Business Brokers, George […]

December 5th, 2016|

ENLIGN Business Brokers Coordinates Sale of Sunnyside Tanning Salons

== FOR IMMEDIATE RELEASE ==
 
4-4-2007

ENLIGN Business Brokers Coordinates Sale of Sunnyside Tanning Salons

RALEIGH – ENLIGN Business Brokers has acted as intermediary in the sale of both Sunnyside Tanning locations. ENLIGN, representing the sellers Kenny Garman, Kara Garman, and Debbie Liddell, prepared a buyer’s information packet, provided a brokers opinion of value, worked with the sellers to determine an appropriate asking price, listed the business online, pre-qualified potential buyers, represented the sellers in pre-offer discussions, assisted in the negotiation of the terms of the transaction, drafted closing documents for client review and performed the closing.

ENLIGN marketed the opportunity with the nine top online business listing services including (www.BizBuySell.comwww.BizQuest.comwww.BusinessBroker.netwww.BizBuyerMatch.comwww.IBBA.orgwww.SellerWorks.comwww.GlobalBX.com,www.USABizmart.com and www.AmericanBusinessBrokers.org). Additionally, the opportunity was posted on the company’s Web site, www.enlign.com.

Sunnyside Tanning Salons operate two locations in Cary and Holly Springs, NC consisting of 10 and 11 beds respectively offering spray tanning and tanning products for retail sale. Opened in 2000 the sellers were pleased with the transaction and excited about the companies future prospects for it’s new owners.

“Our business that sold consisted of three partners. Each partner was going in their own […]

April 4th, 2007|

ENLIGN Signs Multi-Location Tanning Spa Client

ENLIGN Business Brokers has been selected to provide valuation, marketing and listing services by the owneship group of a profitable and growing multi-location Triangle area Tanning Spas and Salons. Tanning is a six billion dollar per year industry. ENLIGN has performed a professional business valuation report for each location to establish a competitive market price and will create a buyers information package, provide online marketing services, list the businesses for sale, and represent the seller in talks with potential buyers.

One location is valued at $185,000US based on seller discretionary cash flow multiples equal to the industry average. The other location, which has just completed it’s first 12 months of operations is valued at $160,000 based on a combination of actual 2004 Seller Discretionary Cash flow multiples equal to the industry average, current asset market value, and conservative 2005 sales forecasts.

In marketing these opportunities to potential buyers, ENLIGN will provide professional marketing and listing services across five online business broker listing sites to maximize exposure. ENLIGN has affilaited with the top five online listing sites and also lists on the companies own website, www.enlign.com . Clients state that ENLIGN provides wider exposure with a professionally prepared message that reaches qualified […]

December 21st, 2004|