Commercial Door Distribution Company

Atlantic Business Brokers Successfully Sold

Commercial Door and Hardware Distribution Company, New Jersey

The challenge:  The owner ran the business for 40 years and was ready for retirement. The last 10 years the owner grew tired and had some health problems that caused him to slow down and reduce the operations from its peak many years ago. The seller had invested significant time and resources in the business and was looking for a buyer that was familiar with the industry and ramp up the operations once again. The business and the facility were in need of upgrading and updating of its systems, inventory and warehouse operations.

The solution: The seller contacted Atlantic Business Brokers and retained the company to sell the business quickly, confidentially and for the best possible valuation. To effectively sell the company in a timely manner while getting the highest valuation, we put together a comprehensive Offering Summary, performed an evaluation and started an aggressive marketing campaign. We knew the buyer needed to be familiar with the operations and have some industry experience to effectively bring the business back to its full capacity.

The results: After some months of marketing and screening buyers, we were able to bring a buyer that fitted the criteria best suited to take over the business. The seller transitioned the buyer and successfully retired. The buyer moved the operations to a new facility updated all the systems to ensure a successful operation.