Journal
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…
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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 MoreBuyer Beware!
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 purchase
Read MoreRunning Your Business – The Value of Representation
One of the comments we hear regularly from our business owner clients is something like this: “I’ve run this business for so many years, but I’ve never sold a business.” Businesses with a long legacy are fantastic and generate great interest in the market, particularly if they generate a solid profit. They are often run…
Read MoreThe Impact of Seller Financing
A few years ago, we were able to negotiate terms for the sale of a small retail business to a buyer who was interested in expanding. The business was a challenge to sell, with the owner working full time in the business and generating only enough cash flow to pay himself at about 50% of…
Read MoreIdentifying Likely Buyers
Beginning in 1995, eBay single-handedly flipped the market for sale of miscellaneous household junk from a buyer’s market to a seller’s market. eBay is great for buyers too, allowing buyers interested in a particular trinket to locate that trinket worldwide and make an offer to purchase it. However, the old method of selling household junk…
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