Journal

Profitable Retail Store – Jacksonville NC

November 10, 2022

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.

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Buyer Beware!

October 22, 2019

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

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Running Your Business – The Value of Representation

August 26, 2019

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…

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The Impact of Seller Financing

August 26, 2019

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…

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Identifying Likely Buyers

August 26, 2019

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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