Recent Articles
Want to Sell Your Business? Then Think Like a Buyer!
March 3, 2010 by Kyle Griffith · Comments
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There are many things that come into consideration when someone is thinking about buying a business. Statistics reveal that out of about 15 would-be business buyers, only one will actually buy a business. It is important that potential sellers be knowledgeable on what buyers go through to actually become business owners. This is especially true for [...]
Selling a Business: How Long Does It Take?
February 23, 2010 by Kyle Griffith · Comments
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This is the question most commonly asked by newbie sellers, the majority of which believe that their prized business which they have put their blood sweat and tears in can be sold over night. Most business owners have a notion that that buyers will come out of nowhere to purchase their business within days after it is listed for [...]
Thinking of Selling your Business? A Seller’s Checklist of Do’s and Don’ts
February 16, 2010 by Kyle Griffith · Comments
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Do have all of your business documentation ready. Everything starts with it.
Don’t underestimate the value of your business. Owners of privately held businesses usually minimize profits to lower taxes. The financial statements may not reflect the real value of the business.
Don’t overprice your business. The right buyer who is willing to pay the right price [...]
Well Established Family Pizzeria and Restaurant for Sale in Greene County, NY
February 15, 2010 by Kyle Griffith · Comments
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Family owned and operated high quality pizzeria with consistant income and a wide base of loyal customers. Pizzeria is in pristine condition with newly purchased equipment. Only 30 minutes away from major ski resorts, golf courses and hunting grounds.
Asking Price: $199,000 (Furniture / Fixtures included)
Sales revenue:$275,000,000
Cash flow:$95,000
Years established: 2004
Employees: 7FT/2PT
Location: Located on a corner lot in a [...]
10 Ways to Increase Sales During Slow Economic Times
February 9, 2010 by Kyle Griffith · Comments
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1. Your personal passion and leadership are the key to success. If you have a “Brand” that is well known, hype it at every occasion and show that you believe in the business and the consumer of your products. You will soon find that this passion will flow through your employees and down to your [...]
Wholesale Lock And Security Products Distributor For Sale
January 26, 2010 by Kyle Griffith · Comments
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This company is a distributor of quality lock and security supplies. The firm carries an extensive assortment of products from major manufacturers in the locksmith and security industry.
This outstanding business has the following attributes: Large diverse national customer base, ability to fill very large orders quickly, exceptional customer service, scalable business with tremendous growth opportunities, [...]
Quality Restaurant in Suffolk For Sale
January 21, 2010 by Kyle Griffith · Comments
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Newly renovated 3400 sq. ft full service restaurant with 2 dining rooms and separate large bar area.Located in heavy traffic area with excellent parking. Only restaurant in town to offer on premise catering for parties from 15 to120 in size. Long term lease in place.
Asking price: $425,000 (Furniture / Fixtures included)
Sales revenue:$900,000
Cash flow:$165,000
Years established:1969
Employees:14
Asking price:$425,000 [...]
Hi Volume Liquor Shop With Low Rent For Sale
January 21, 2010 by Kyle Griffith · Comments
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Once in a lifetime opportunity to own a prime location liquor and wine store on Long Island. Owner has been in same location for over 30 years with a new 15 yr lease at substantially undermarket rent. Store is high volume and tremendous net with well balanced sales.
Asking price: $900,000 (Furniture [...]
Adding Value to Your Business
January 12, 2010 by Kyle Griffith · Comments
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If you are considering selling your business, remember that there are positive factors that influence value and those that detract from it. Looking at your business from a buyer’s perspective is important since a prudent buyer will be adding and subtracting these various factors when arriving at an asking price. It is perhaps more important [...]
Tips for Buyers
January 10, 2010 by Kyle Griffith · Comments
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Don’t be greedy.
Sellers deserve a fair price for the years they have spent developing their business. Be prepared to pay for the goodwill of the business.
Have a good reason to be buying.
Buying a business is hard work! It takes a commitment! Spend time deciding why you want the responsibility of owning a business.
Be prepared.
Be prepared [...]
