Posts by steve
Want to Own Your Own Profitable Electrical Business in Winston-Salem, Greensboro High Point Area?
We are looking for a licensed electrician in the Winston-Salem/Greensboro/High Point area who is entrepeneurial and dreams of owning their own business. We represent the owner of a small electrical contracting company in the Triad area who is ready to retire and ready to sell. The business offers immediate six-figure income after debt service and…Read More
Profitable Retail Store – Jacksonville NC
Looking to buy a business and enjoy salt life near the North Carolina coast? This successful party supply store located in Jacksonville, North Carolina needs a new owner. Cash flow after debt service well into six figures, pre-qualified for financing for a qualified buyer, and enjoying another highly profitable year in 2022.Read More
Caveat Emptor is one of those Latin phrases we lawyers learn in law school. It means “buyer beware”, and is a fundamental principle of English common law that governs business transactions. It means that the buyer of goods or services must exercise caution and diligence in investigating the purchaseRead More
5 Ways To Get Your Business To Run Without You
Some owners focus on growing their profits, while others are obsessed with sales goals. Have you ever considered making it your primary goal to set up your business so that it can thrive and grow without you? A business not dependent on its owner is the ultimate asset to own. It allows you complete control…Read More
Small Business Values – Have They Recovered?
It’s no secret that the value of most businesses tanked during the Great Recession. Many small business owners were not able to survive, losing not only their business but in many cases, a lifetime of savings. Even those businesses that remained post-Recession tended to suffer several years of woeful Profit and Loss statements, making the…Read More
Business Sale Medians and Multiples
In a recent post I ran through a buyer analysis of a business listed for sale, which we refer to sometimes as a “buyer reality check”. We go through this analysis for every business we represent, before making a recommendation to the owner of an asking price or range for the business. In making our…Read More