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 Sells Bulldog Express in Garner, NC

GARNER, NC – Bulldog Express, a full service mailing, packing, and shipping store serving Garner and the surrounding areas since 2010, is under new ownership.

Jeff Snell, Principal Broker with ENLIGN Business Brokers & Advisors facilitated this sale between the Sellers Chuck and Kathy Watts, and Monty and Kevin Hassell, the Buyers. Carmen Marzella of Marzella Law Group served as buyers counsel. The transaction closed on July 13th 2017.

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

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.

“The Watts built a wonderful business that serves the local community and essential became the local post office.  I am excited to see the growth that the Hassell’s will continue going forward.’” -Jeff Snell

Financial details of the transaction were not disclosed.

Keywords:

Bulldog Express, Bulldog, ENLIGN, Business Brokers, Jeff Snell, business, seller, exit planning, buyer, negotiation, valuation, marketing, Raleigh, NC, North […]

July 13th, 2017|

ENLIGN Sells Pro Shine of North Carolina in Mooresville, NC

Mooresville, NC – Pro Shine of NC, a full service car wash, making the automobiles of Mooresville, Troutman and the surrounding areas shine since 2010, is under new ownership.

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Sellers Andy Peggs and Jeff Little, and Jamil Nassar, the Buyer.  The sale of this business was especially challenging, because prime real estate was involved, which is unusual.  Partnering with commercial realtor John R. Kindley of Equity Commercial Properties, and after intense negotiations, buyer and sellers were able to close the deal on May 26, 2017.  Mr. Kindley has this to say about working with Joe Vagnone and ENLIGN:  “It was a pleasure cooperating with ENLIGN in the sale of the Pro Shine car wash in Mooresville, NC.  You and your staff did an outstanding job in bringing a business buyer to this excellent property. It took someone with your abilities to structure this deal to the buyer and seller’s satisfaction. I look forward to working with you and ENLIGN in the future.”

Joe Vagnone had this to say:  “This deal is an example of our commercial real estate referral program at its best. We […]

May 26th, 2017|

ENLIGN Sells Great Blooms Florist in Raleigh, NC

Raleigh, NC – Great Blooms Florist, a a large single location florist, is under new ownership.

Jeff Snell facilitated this sale between the Seller, Glenn Gray, and Ben Erwin, the Buyer.

Jeff Snell had this to say:  “The retail florist space has been consolidating over the past 5-10 years.  Florists that are not either very large or multiple locations are difficult to sell. I was excited at the number of qualified buyer inquiries that were received and envision listing another local florist in the near term.”

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

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.

ENLIGN does not release financial details of transactions.

Keywords:

ENLIGN, Business Brokers, Jeff Snell, business, seller, Raleigh, NC, North Carolina, florist, flowers, arrangement, delivery, acquisition, for sale, sold, Glenn Gray, Ben Erwin

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and […]

May 1st, 2017|

ENLIGN Sells the Howell Theatre in Smithfield, NC

Smithfield, NC – Howell Theatre, a four screen second run movie theatre, is under new ownership.

Jeff Snell, facilitated this sale between the Seller, Chuck Kirkman and Bill Johnson, the Buyer.

Jeff Snell had this to say:  “After several buyers were unable to complete the transaction I was pleased to assist in the completion of the sale with terms acceptable to buyer and sellers.”

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

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.

ENLIGN does not release financial details of transactions.

Keywords:

ENLIGN, Business Brokers, Jeff Snell, business, seller, Smithfield, NC, North Carolina, movie, theater, theatre, screen, second run, acquisition, for sale, sold, Bill Johnson, Chuck Kirkman

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 […]

April 21st, 2017|

ENLIGN Sells Millwork and Design Business in Hillsborough, NC

HILLSBOROUGH, NC – Jeff Snell has announced the successful sale of Hardwood Designs located in Hillsborough, North Carolina. The business was established in 1987.

ENLIGN marketed the opportunity for 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.

Keywords:

ENLIGN, Business Brokers, Jeff Snell, business, seller, exit planning, buyer, Hillsborough, NC North Carolina, Hard Wood Designs, millwork, custom, Nancy Carstens, Tom Carstens, Sold

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 […]

April 4th, 2017|

ENLIGN Facilitates New Owner for Charlotte-based Retailer, Moxie Cycling Company

CHARLOTTE, NC – Charlotte based Moxie Cycling Company, http://www.moxiecycling.com, a cycling apparel company by and for women with moxie, is under new ownership. Joe Vagnone, Charlotte Area Managing Director of ENLIGN Business Brokers & Advisors facilitated the partnership buyout between the Seller, Brooke Wissler, and the Buyer, Debra Amorde.

Moxie Cycling Company, where high performance meets high style in cycling apparel and accessories for women, was founded by Brooke Wissler in March 2011 after she identified a need in the marketplace. In a male dominated sport where traditional men’s jerseys are often simply modified for women, Moxie Cycling is evolving the world of women’s unique needs at the forefront of their design. “Women should never have to sacrifice performance, comfort or style,” she says. Debra Amorde was a Moxie Cycling Company Manager in Minnesota prior to her move and subsequent purchase of the Charlotte-based Company.

ENLIGN does not release financial details of transactions.

For a listing of available business opportunities, or more information on valuation services or buying / selling a business, visit www.ENLIGN.com or contact Joe Vagnone at 704-577-8030 or email joe@jvagnone.com. […]

December 8th, 2016|

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 Sells Industrial Scale Distributor

NASHVILLE, TN – Michael Fekkes, CBI, CEPA announces the sale of an Industrial Scale Distribution business in middle Tennessee. This twenty-five year-old business sells and services an extensive line of scales utilized in the industrial, commercial, and agricultural industries.

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 highly profitable business that has contracts with a large number of well established companies in the southeast.” 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 an industrial scale business in middle Tennessee.

– Very stable business with contract service revenue and excellent clientele.

– 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 taking this business to the next level with the assistance of the great team of people that are already in place.” said Fekkes.

Keywords:

ENLIGN, Business Brokers, Michael Fekkes, CBI, business, seller, exit planning, buyer, negotiation, valuation, marketing, Tennessee, TN, Nashville, scale, […]

November 10th, 2016|

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|