(NML Group) Philadelphia based importer of bath and storage products from Hong Kong and mainland China and distributed the products to big-box national retailers. They developed a reputation with their customers for high-quality service and quality control. The company’s business was adversely affected by the China tariffs, so it took some time to find the right buyer that was OK with this. The buyer sees a good opportunity to grow the business based on the companies reputation and customers. Contact us to sell your import business or view our distribution companies for sale.
(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.
(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.
(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.
(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.
(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.
(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.
(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.
(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.
(Capital Gifts) A company that offers online incentive programs for their corporate client’s promotions. They provide warehousing of merchandise for programs, multiple websites, company online stores, and the latest technology for customer service and order processing to ensure a great client experience. Their clients include businesses, law firms, government, and military customers. They are based out of Annapolis, Maryland. We had a number of potential buyers but no one that wanted to offer the full asking price. Then we found a buyer in Maryland that was looking exactly for a company like this. The buyer had recently formed a new company that sells gifts to consumers via their website and they wanted to expand to corporate customers which this acquisition allowed them to quickly do. Contact us to sell your promotional products company.
(JD Packaging) A well-established Contract Packaging Company, providing turn-key packaging solutions focused on flexible liquid pouches for the cosmetic and personal care industry consumer products, is available for acquisition. The seller wanted to retire and contacted us in May. We introduced the first potential buyer in June. In July, we introduced the buyer that purchased the business. He worked at a large manufacturing company and was able to get bank financing and close on the deal in October. All told, it was 5 months from the first contact until closing. The business has been established for more than 10 years and has developed an excellent reputation, and has yearly repeat customers who are small, medium, and large private label companies that supply products to nationally known channels.
Sold products nationwide and built up an extensive email list that they used to develop long-term repeat customers. We located a buyer and arranged the financing so that the seller was able to get paid the full price at closing without the need to provide any seller financing. Contact Synergy Business Brokers to sell your e-commerce business.
(New Brunswick Lamp Shade Corporation) The business had been in the family for three generations and over 75 years. All products are manufactured in the US and were sold B2B. Customers are retail stores, distributors, hospitality companies, and interior artisans. The owner was ready to retire and wanted us to find the right buyer for his business. We located several potential buyers and sold the business within 7 months of starting our marketing campaign. The buyer was another manufacturing company whose owner wanted to diversify its products and expand through acquisition. Contact us to sell your lighting products and services business.
(Jersey Italian Gravy) The owner built up a successful national pasta sauce brand. He was eager to sell quickly because he had another project that he wanted to invest money in and wanted to roll over the proceeds of the sale of this company into his next project. We were able to quickly locate potential buyers and the business was sold in a few months from the time of the seller’s initial contact with us. The seller will stay on to help the company grow and receive a percentage of the sales revenue to allow him to capitalize on the continued success of the business. The buyer was a successful businessman that wanted to diversify beyond his current industry of focus.
They manufacture trailers for industrial, commercial, and recreational uses with over 40 models. They have a large 127,000 Sq. Ft. Manufacturing Facility with a 45-acre property. They have built up a large distributor network and also distribute other brands. They have over 90 employees. They supply trailers for automobiles, landscaping equipment, horses, cargo, motorcycles, livestock, and more. The business was very profitable but also came with some debt so took some time to find the right buyer.
The company sells, installs, and repairs solar electrical and hot water systems for residential and commercial customers. Solar energy, installers of solar panels, Tesla Powerwall battery systems, heating and cooling, heat pumps, and EV charging stations. The company has installed hundreds of residential solar energy systems and high-profile projects for numerous municipalities, communities, non-profits, schools, and universities. The company also offers financing and leasing options for its customers. We found a strategic buyer that can integrate this business into their company.
(Phyllis Victor) Business Distributing & Selling promotional products and awards directly to businesses and large country clubs for awards and promotions. The owner was ready to retire. The buyer was looking for a company that had a long track record and seller that was willing to help him transition his relationships. Contact Synergy Business Brokers to sell your promotional products business.
(EA Morse) We sold a company that Distributes paper, cleaning chemicals, and maintenance equipment throughout New York’s Hudson Valley region. They had a 60,000 sq. ft. warehouse and 50+ employees. The business owner also owned the real estate and gave the new owner a lease. They have an on-site maintenance equipment repair and parts service center staffed with factory-trained technicians. The company was sold to a larger company in the industry that was based in New Jersey that was growing through acquisition. Acquiring this company allowed them to expand their customer base as well as add valuable employees and profitable repeat accounts. Contact us to sell your cleaning supplies business.
(VS Systematics) They distributed products nationwide and internationally. In addition, they performed machine shop work for repairs and customization of parts. They distributed thousands of products for hundreds of manufacturers, including Siemens, Allen Bradley, Mitsubishi, Thompson, Warner, and many more. Some of the customers include chemical, cosmetic, pharmaceutical, and manufacturing companies. The owner was ready to retire and wanted us to find a buyer familiar with the industry. We had a lot of interest and arranged SBA financing so that the buyer only needed to put down 9% of the purchase price. Contact us to sell your industrial automation company.
This company provided services to multinational corporations that wanted to reduce their supply chain costs with procurement solutions. They also provided efficient importing solutions and have relationships with suppliers and industry-specific knowledge within technology, electronics, medical, aerospace, and more. They were able to reduce purchasing costs for their clients. The owner had purchased the business 30 years ago and was ready to retire. We found a buyer that had come out of the corporate world and purchased multiple businesses. He agreed to pay full price for the business and we closed on the sale in less than 6 months from start to finish.