RALEIGH, NC – Jeff Snell, M&AMI, CBI, ABI has announced that the Triangle Business Journal reported on October 31st 2014 that ENLIGN Business Brokers negotiated the highest sale price based on recast profit and loss.
Of eight sales reported by BizBuySell.com, ENLIGN’s representation of “Franchise resale, health, fitness, wellness spa” sold at a cash flow multiple of 3.9x beating out the next highest by a 23% margin.
Jeff Snell who was the broker managing the transaction and Principal Broker for ENLIGN Business Brokers stated “ENLIGN takes its slogan seriously which is ‘We deliver the highest market value in the shortest amount of time™, with complete confidentiality.’ Anyone can compete on price. We work hard to insure that the value proposition of each client is communicated to prospective buyers to maximize transaction value”.
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About ENLIGN Business Brokers: ENLIGN Business Brokers, which has its headquarters in Raleigh, N.C., provides seller and buyer services, professional negotiation, and valuation and marketing services to small- and medium-business sellers and buyers in the Southeast and nationally through the ENLIGN Business Brokers Affiliate program and ENLIGN Professional Partners Program (EPPP). ENLIGN provides business owners wishing to sell their businesses with discrete, objective counsel and valuation advice, and an innovative, comprehensive approach to marketing businesses for sale. Complete confidentiality is offered throughout the process. ENLIGN, which is a member of the International Business Brokers Association (IBBA), M&A Source and the American Business Brokers Association (ABBA), requires that its agents and affiliates have owned a successful business of their own, hold an advanced degree and be members of IBBA working towards or having completed the Certified Business Intermediary (CBI) accreditation. For more information about buying or selling a business or becoming an ENLIGN affiliate broker, contact Jeff Snell at [email protected] or visit the Web site at www.enlign.com.