(Gurney Water Treatment) Family owned business for over 50 years, being sold by the 2nd generation owner. The business designs, develops, installs, and services water treatment systems to all kinds of organizations in MA. We had several potential qualified buyers who made offers on the business opportunity, so the seller was in a position to determine which buyer was the right one to carry the business forward. After some due diligence by both buyer and seller, both sides were confident that they had the right fit. The seller has a one-year employment agreement to ensure that the transition to the new owner will go smoothly.
(Benchmark Environmental Consultants) They provide a full range of environmental consulting services to clients nationwide. Their clients range from the wireless telecom industry to municipal government agencies and Fortune 500 customers. Their services included: Environmental site assessments, environmental impact statements, subsurface investigations, pollution prevention inspections and planning, remedial designs and actions, indoor air quality, and sustainability services. The owner contacted us because of our experience in selling environmental services as well as engineering and construction-related companies. We were able to locate multiple interested parties. Terms that were acceptable to both parties were negotiated, and due diligence moved forward quickly. The deal closed in 4 months from the time we started working for our client. They are a certified DBE and HUB business.
(Sustainable Energy Analytics) A company based in Middlesex County that analyzed how to reduce energy costs cost-effectively. They utilized testing, building code verification, and certification services, including LEED certifications, Energy Star, Green Building requirements, thermal imaging analysis, and more. Provided services to architects, general contractors, remodelers, HVAC contractors, as well as homeowners. We set up meetings with multiple potential buyers, and the best offer came in slightly under the asking price. The buyer was motivated and saw the value of the company, so he was willing to raise his proposal to the full asking price and was able to get SBA financing for the purchase.
(Anchor Staffing) Our client had two offices in Maryland and an office in Pennsylvania. They focused on staffing in accounting, construction, information technology, warehousing, secretarial, and management. They provided temporary to permanent hires as well as direct placement. We received three different offers. The business was sold to a nationwide staffing firm. Both buyer and seller thought it was a good fit because the seller’s clients were mostly national companies and the acquiring firm would be able to grow these accounts with their national presence. The business sold for the full asking price.
The company had regular customers for office cleaning, medical cleaning, daycare cleaning, carpet cleaning, and floor waxing and buffing. In addition, they also provided handyman work and provided electrical and plumbing services through licensed contractors. The highest offer was 3X the owner’s income. The buyer was able to get SBA financing so the seller received the payment from the bank at the closing. It took a little longer with the SBA financing but the business was closed in 7 months from the time the seller contact us. Both buyer and seller were happy with the outcome.
(Ace Landscaping) The seller wanted to retire and had previously hired another broker that was unable to get them the price that they were looking for. We were able to introduce multiple buyers, including some other large Landscaping companies that were looking to expand. However, the highest offer that was acceptable to the owner came from an individual from Pennsylvania that did not have experience in Landscaping but was interested in moving back to New York and buying a NY based business. We arranged bank financing so the seller only had to provide 10% of the price in the form of seller financing and 90% of the amount was paid at the closing with the bank providing 70% of the price and the buyer 20%.
(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.
(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.
(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.
(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.
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.
(C Point) The seller had purchased this established business 5 years ago and wanted to focus on another internet business that he had. We found a buyer for the company who got along well with the seller, and the seller will stay on after the sale to help out with a transition. The buyer is interested in purchasing other printing businesses, so if you own a printing business and are considering selling; please contact us.
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.
(Town Planner) A publishing company with many years in business was quickly sold to an overseas buyer who was looking for a solid business, combining both ease of operation with potential expansion possibilities. A contract was signed within 45 days of listing the business for sale.
Property Management Company with over 300 Buildings under management. They have expertise in all phases of coop/condo and rental building management. Its functions include collections, financial reporting/budgeting, maintenance/repairs , dealing with complaints and communicating with board members and owners. The business was sold within 6 months and the seller was very happy with our services. Read our 5-star review here: Google Review.
(Cayley Barrett Associates) The owner initially contacted us to get an idea of the process of selling the business even though they weren’t quite ready to retire. After they thought about for a while and talked it over, they decided to engage us to sell their business with the idea that they would stay on and work with the buyer for several years as a transition into retirement. We introduced a buyer that had terrific chemistry with the seller. They were confident that it would be a great working relationship and the seller agreed to provide some financing so the buyer could pay some of the sale price over time.
The owner was interested in retiring. We had multiple offers on the business for sale, and the ultimate buyer was another insurance company that wanted to expand their book of business.
They handle the management of residential properties from single family homes to apartment buildings in the Adirondack area of New York. Their clients have the option of services ranging from maintenance, rental service only, or a turnkey full management of their property.
Trucking Company is known for their on-time delivery. The owner contacted a couple of years ago when they were considering selling their business. They decided to wait until they were really ready. Once they committed, we were able to sell their business to a public transportation company that was acquiring multiple logistics businesses. They were able to make a more attractive offer than other potential buyers. The business was sold for 4X net cash flow in 7 months from when we started the sale process.
(The Byne Group) The seller of this award-winning integrated agency was ready to retire after having founded this business 20 years previously. Our marketing campaign attracted many regional and national buyers. The business was sold to an established media-buying company that viewed the acquisition as an opportunity to promote its services to the seller’s clients while strengthening relationships with its clients by offering them a broader range of services. We played a major role in successfully resolving a number of complex legal issues. The buyer did not require any external financing, which helped expedite the closing. To facilitate a seamless transition, the seller agreed to continue to participate in the business on a part-time basis for three years.