Businesses that we have sold

Cleaning & Janitorial Supplies Distributor in Nassau County, NY

(Thunderbolt Distribution) Before contacting us, the Owner had used another business broker for over a year and a half to try to sell his business.  After the owner contacted us, we were able to locate a qualified buyer within 10 days and have an accepted offer within 20 days.  A contract was signed in 6 weeks, and the deal closed 10 weeks from our first phone call with the seller.  The owner was in his 60’s and thanked us for allowing him to retire after a brief transition with the new owner. Contact Synergy Business Brokers to sell your Janitorial Supplies Business.

Concrete Finishing, Polishing, & Painting Company in Virginia

(Iron Pony, Ltd) The seller contacted us based on our previous success in selling Concrete and contracting companies. We located several potential buyers and received 3 letters of intent (LOIs). We sold the business for over the asking price to an individual buyer who owned an engineering firm and wanted to expand into other contracting and construction areas. The business services clients in Virginia, Maryland, DC, and more. They have 35 employees with specialties in Painting, highly technical wall coverings and paint products, concrete flooring treatment, concrete polishing, solutions for interior or exterior projects, and top-tier installers of high-performance resinous floor systems for commercial projects.

IT Staffing Business in St. Louis, Missouri

(Staffing Resources) IT Staffing business with long-term contracts with repeat customers. They have hundreds of clients. We were able to bring in a number of potential buyers. We received a full-price offer of about 3X net cash flow from an IT Staffing Company in New Jersey that had offices in Canada, Texas, India, and California. Acquiring this IT Staffing company based in Missouri allowed them to expand into the Midwest with staff and customers in place. They also liked the fact that the company they acquired had long-term relationships with their customers. In addition, the buyer’s company had more recruiting resources to expand on the relationships that the seller had.

Import & Distribution Business in Westchester County

(Empire Mercantile, Inc.) The seller had built up a successful business over the years importing goods primarily from China and distributing them to their US customers. He was ready to retire at age 68 and interviewed a couple of business brokers to represent him and chose Synergy Business Brokers for our comprehensive Marketing approach. We were able to provide him with 3 offers, and he sold the business for the full asking price. The seller will stay on after the sale for a couple of months to provide training and a transition.

Medical Transportation Company in Western Massachusetts

(MJ Transportation) The company provides non-emergency medical transportation for patients to get to and from their doctor appointments. The owner wanted to relocate out of state. We were able to find the right buyer and negotiate terms that worked for both parties. Contact us to sell your medical transportation business.

Marketing & Management Consulting Company

(Mark Stevens & Company) The company provides a full range of advertising and marketing and management consulting services.  We had multiple potential buyers, and the owner didn’t want to retire immediately, so he decided to sell 50% of the business and stay on and work with the new owners for several years and increase the value of his remaining 50% ownership. The second half of the business was sold 5 years after the first half of the business. Contact Synergy Business Brokers to sell your Marketing Agency.

Pool Cue Manufacturing Company in Mississippi

(Meucci Cues) As with most of our manufacturing deals, we had a number of interested buyers, with over 10 making an offer for the business. Most of the offers were for around 4X cash flow, but the winning bidder was for over 5X cash flow. This was a motivated individual buyer who had financing in place so that they could pay most of the sale price at the closing with the balance paid within one year.

Home Care Franchise in Fairfield County, CT

(Synergy Homecare) The seller was busy with a full-time job and didn’t have time to devote this business. We located a buyer that had time to invest in growing the company and was able to get an exclusive territory and ongoing clients.

Plastic Manufacturing & Fabrication Business

(Plastic Works) Provided custom and off the shelf products to distributors and directly to consumers. The business had been previously listed with multiple business brokers. We were able to find the right buyer for this niche manufacturer and close the deal. Contact a Business Broker to sell your plastic manufacturing business.

Roofing Contractor Business

(Marcellino Roofing) A company that provided roofing, siding, and other exterior construction work. The seller was speaking to a buyer that was taking a long time to consummate a deal. We set up a meeting with a new buyer, and the deal was closed in a record time of a week from the initial introduction of buyer and seller. Contact Synergy Business Brokers to Sell your Roofing Business

Internet Dry Cleaner Business

(Flat Rate Cleaners) Internet Dry Cleaner business based out of New Jersey servicing customers in NYC and New Jersey. We located a buyer that had an existing Dry Cleaner plant and could leverage these retail customers with his current business. The seller wanted to take some time off from working for the company and was able to do so after completing the sale.

Fiber Optic Installation & Repair Contractor in the Western US

(Rocky Mountain Fiber Company) A company that has been established for over 40 years providing telecommunications cabling services for broadband and traditional telecom customers. In addition to installation and maintenance, they also provide emergency repair. The owner was interested in retiring. We were able to locate a number of potential buyers and the owner was able to sell the business for a multiple of 4 to 5 X their annual net cash flow. The buyers had worked in the industry and had a third-party investor.

Insurance Brokerage in Bergen County, New Jersey

(Wiggers Insurance) Although our marketing campaign attracted dozens of potential buyers, we spent considerable time qualifying them so that the seller would not have to spend his valuable time interacting with buyers who were either unable or unwilling to meet his pricing target. After winnowing the vast field of buyers to only a handful that we introduced to the seller, we negotiated a price that was significantly higher than the prevailing price for comparably sized brokerages. Contact Synergy Business Brokers to sell your Insurance Agency.

Workflow Software Company in the Philadelphia suburbs of Burlington County, NJ

(Momentum Software, Inc.) This company has proprietary software used in Banking, Insurance, Healthcare, government, and manufacturing to allow them to transfer files securely. The products improved workflow in Supply Chain Management, ERP, E-Commerce, Electronic Funds Transfer, and Electronic Data Interchange (EDI). With our experience in selling software companies and our extensive database of potential buyers, we were able to quickly introduce many potential buyers for the company, and a deal was negotiated and closed within a few months from the seller’s initial inquiry to us.

Spray Foam Insulation Company in the Finger Lakes Region of NY (outside of Rochester)

(Midlakes Insulation) A business that provides energy star insulation for both commercial and residential customers saving them money on their Heating and Air Conditioning bills.  We were able to locate a buyer that did not need bank financing and was able to pay over 80% of the purchase price at the closing with the seller financing the balance. Both buyer and seller were a pleasure to work with and were appreciative of our work in facilitating the process. Contact us to sell your insulation business.

Steel Fabrication Business in Maryland

AISC certified shop utilizing skilled fabricators, welders, and estimators delivering high-quality products including stairs, railings, connection parts, and more. They have a large 48,000 sq. ft. facility. Established over 30 years. Located in the Washington, DC area of Maryland. The business had multiple offers and was sold for the full asking price. The business was purchased by an entrepreneur that had previously purchased another business from us last year and is looking to build his portfolio with future purchases from us. The sellers were comfortable that the buyer would take care of their employees and customers going forward.  Contact Synergy Business Brokers to sell your metal fabrication business. 

Driver Education Company

(PAS Auto School) Driver Education company providing driving lessons to schools and private individuals. We executed a marketing plan that involved internet advertising, mailings, phone calls, and networking. We received multiple offers for this business opportunity. The business sold to a Private Equity Group. Contact us to sell your driving school.

Engineering Company

(James LaSalla Associates) A business that specializes in providing engineering services to large telecom companies. 60% of the company’s revenue was from AT & T. We contacted hundreds of engineering firms to get some companies that were comfortable with submitting an acceptable offer on a company that relied so heavily on one customer. We were able to get about 20 to sign Non-Disclosure Agreements and 3 submitted proposals. We closed on a deal for 90% of the seller’s asking price. The buyer was a larger diversified engineering firm that wanted to provide additional services to new clients.

Garage Door Installation and Repair Business in Nashville, TN

The seller initially contacted us to get some information on selling his garage door business. As he became more comfortable speaking with us, he decided to list his business with us. We were able to get a number of buyers quickly, and he accepted an offer for his business within a week of listing it for more than $200,000 over his asking price. The buyer was a large garage door company that was growing through acquisitions. The deal had several twists and turns, with attorneys not agreeing on terms. However, we were able to resolve the differences and close on the sale within a few months of listing the business.

Landscaping Business

(John Bauso Landscaping, Inc.) As a result of our previous experience selling Landscaping businesses, the owner of the company was confident in our ability to represent him in the sale of his business. We were able to introduce multiple buyers and negotiate a sale price and terms that worked for both buyer and seller. The seller will stay on after the sale and be paid a consulting fee with the number of hours worked decreasing over time.

Supply Chain Software Company with Patented Reverse Auction technology in Manhattan

(Printvision, Inc.) Their technology allows their customers to reduce their costs with their suppliers. We were able to locate several potential buyers, and the best offer came from an Asian software company that was in a similar business and wanted to get a foothold in the US Market and NYC was the perfect location for them.

Internet Wine Business in Rockland County, NY

(Liquid Discount) A business that derived the majority of its revenue over the Internet.  We located the right buyer that appreciated the internet business but was also willing to operate a retail store with walk-in customers.

Flooring Distribution Business on Long Island

(ACF Distribution) A business that sells and distributes carpet & flooring products to tradesmen and designers. The seller of the company initially hired another brokerage firm that charged an upfront fee and was unable to sell their business. After their 6 month period was over the seller contacted us and liked the fact that we committed to market and advertise his business with no upfront fee. We had several interested parties and were able to get an accepted offer relatively quickly. When the initial buyer didn’t move fast enough to complete the deal, we contacted other potential buyers and were able to sell the business within 6 months of taking the assignment. The second buyer that purchased the business owned a Kitchen & Bath business that was located near the seller’s company, so both the buyer and seller felt it was a perfect fit. Contact Synergy Business Brokers to sell your flooring business.

Manufacturer of Packaging Machines in Union County, NJ

(MacTec Packaging Technologies) The company supplies niche machines used for packaging in pharmaceuticals, chemical testing, food, health and beauty, and R&D clinical applications.  The seller wanted to list the business for a lower price than what we thought we could get for the business. We recommended a higher asking price and ended up selling the business for above the asking price based on the fact that we had over half a dozen offers for the business.  The seller had tax returns based on a cash basis and profit and loss statements based on an accrual basis. The financial information as presented made it harder for banks to loan on the business. We were able to select a private equity firm that understood this and didn’t need external financing. The business was sold in 7 months from start to finish. The seller was thrilled to get a higher price and recommended us to a friend who owns a similar business and is looking to retire. Contact Synergy Business Brokers to sell your Packaging Business.

Dog Food Manufacturing Company in Indiana

(Allbrights Raw Dog Food) Our client was a growing raw dog food business based in the greater Chicago area of Indiana. Based on our experience in selling businesses in the pet supply industry, the owner hired us to find the best buyers for him.  We presented the seller with several options. The best offer came from a private equity firm that owned another business in the pet food industry. They bought the business for over the asking price, which was more than 5X the owner’s net cash flow. The business was sold in 8 months from the time the seller hired us.

Beverage Distribution Business and Warehouse

(Northeastern Distributors) A company that distributes a wide variety of top brand beverages including soda, bottled water, sports drinks, iced tea, juice, iced coffee, and more. They have a large warehouse with 30,000 sq. ft and a fleet of trailers to distribute to customers that include delis, grocery stores, coffee shops, pharmacies, wholesale beverage businesses, and more. The company produced over $40 Million in revenue annually. Their financial information wouldn’t support a bank loan so we had to shift our marketing strategy to focus only on buyers that did not need financing. The company that bought them was a large multinational corporation based in Dubai (with offices in India and other countries) that was interested in expanding into the United States. They own a variety of companies that include distributors, manufacturers, healthcare, financing, education, entertainment, auto dealers, and more. They are interested in purchasing additional companies from us so if you are interested in selling a food or beverage distribution business or other firms in their areas of interest please contact us.

Manufacturing & Distribution Specialty Food Business located North of Albany, NY

(Futia’s Famous) The Business supplied their specialty food products primarily to Supermarkets.  We had many interested buyers and the buyer that won out, had relationships with other supermarkets that the seller didn’t have and vice versa, so the opportunity to cross-sell into each other’s customer base was very synergistic.  The buyer was very interested in the contacts that came from the business, and the buyer was looking to move from their high rent district in the Rochester, NY Area. They were able to get a favorable deal with the landlord for additional space in the Albany area at almost half the square foot rate they were paying in Rochester. Since the buyer was experienced in the industry, he only required the seller to stay on board for a two-week transition period, which is precisely what the owner wanted because he was ready to retire. Contact Synergy Business Brokers to sell your Food Manufacturing Business.

Chemical Import & Distribution Company

(CB Chrystal) The seller already had a buyer for one product line of his company. He retained us to sell the other part of the company. They imported and distributed Chemicals and Minerals. The buyer that made the best offer needed bank financing because the seller was only willing to provide 10% of the purchase price in seller financing. We were able to use our banking contacts to walk both buyer and seller through the process. The financials needed to be restructured to show the income and expenses of the business without the product line that was not part of the sale. In addition to the price paid at the closing, the seller was provided with financial payments and incentives to stay on after the sale and assist the buyer. Contact Synergy Business Brokers to sell your Chemical Business or Mineral Supply Company.

Concrete Pumping Business

(American Concrete Pumping) A business that provides Residential and Commercial Concrete pumping for foundations, walls, floors, and more. The owner had the company for many years and was ready to retire. Our marketing led to multiple offers, and we negotiated terms with a buyer that was able to provide the seller with what they were looking for, and the buyer was able to secure bank financing. Contact Synergy Business Brokers to sell your concrete business.

Education Business

(Formula One) The sellers had a profitable business and weren’t in a hurry to sell but would sell if they got the right terms.  We received multiple bids on the company. The buyer did not need outside financing. He paid the majority of the purchase price at the closing, and the seller financed the balance over 5 years.  The seller will stay on after the sale to provide a smooth transition. Contact Synergy Business Brokers to sell an Education Business.

Underground and aerial cable installation, maintenance and repair Company in the Schenectady, NY Area

(Cable Care Construction) They work with underground cable networks for many major cable companies. Services include setting telephone poles, splicing fiber and coax, performing cable replacement and line extensions, aerial and underground cable construction, joint trench construction in new subdivisions, 24-hour on-call service, and storm damage repair. Their largest customer made up over 80% of their revenue which many buyers didn’t want. We found a buyer that was comfortable with this and move forward with the purchase. The sale included both the business and the real estate. Contact Synergy Business Brokers to sell your Cable Installation and Maintenance Business.

Addiction Treatment Center with 4 Locations

Large Facility with approximately 100 employees across four locations. They provide residential substance abuse treatment programs, partial hospitalization treatment, and an intensive outpatient program. We had many potential buyers for this business. The buyer that purchased it was an investment group that was acquiring multiple companies in the rehab and addiction treatment sector. Please contact us if you would like to sell your addiction treatment business.

Environmentally Friendly Oil Recycling Business in Southern New Hampshire

(EcoOil Recycling) This business is a favorite of the EPA as they recover oil from restaurants and then process and resell it for multiple uses. In addition, they clean the internal grease traps, which is a value add and leads to the profitable oil recovery business. During the COVID-19 recession, we were able to introduce the buyer within 1 week and close the deal in less than 4 months from our first conversation with the seller. The business is located in Rockingham County, NH and serves approximately 600 restaurant customers in MA, NH, and ME. All customers are serviced monthly, creating a predictable, recurring revenue stream. Contact Synergy Business Brokers to sell your eco-friendly business.

IT Services & Systems Integration Company in the Capital Region of NY

(New England Systems & Software, rebranded as Acture Solutions) The company provides IT Services to both Corporate and Government Clients. Their areas of expertise include the Design, Installation, Implementation, and Support of Computer Networks, Wireless Systems, Security, Telecommunications, Networking, Video Conferencing, managed systems, and more. They have experience working with systems from Cisco, IBM, Dell, 3Com, HP, and more. Due to our large database of potential buyers for Tech companies we received a lot of interest. After meeting with potential buyers and negotiating offers we went into due diligence and closed the deal in 8 months from the start of the assignment. The new owner hired a CEO from another company in the industry and relocated the company from Lake George, NY to Schenectady.

Manufacturer & Distributor of Architectural Glass & Aluminum located in Connecticut

(Architectural Glass Industries) A company that fabricates and sells custom glass and aluminum to contractors and construction companies that install their products for residential and commercial customers. Their products are used in kitchen and baths, storefronts, railings, countertops, flooring, and interior and exterior construction. We marketed the company to potential buyers within the construction industry and outside the industry. The best offer came from a buyer in his 30s who had managed a wealthy family office investment fund. He had accumulated significant funds himself and decided it was time to open up his own investment firm, and this was his first investment. He purchased the business and real estate with his own funds and did not need any outside financing, which leads to an easier closing. The Real Estate had a 12,000 sq. ft. facility. Contact Synergy Business Brokers to sell your Glass Fabrication & Services Business.