Accredited Franchised Home Care Company
Atlantic Business Brokers Successfully Sold Accredited Franchised Home Health Care…
$450,000
Bala Cynwyd, PA (Montgomery County)
For Sale
$1,375,000
Business ID :
RH-2017-11
Atlantic Business Brokers Successfully Sold
Corporate Catering and Pizzeria, Pennsylvania
The challenge: The owners of this successful catering company were looking to retire after over 35 years of running the business. They had no succession plan in place and the children had no interest in taking over the business. The confidentially of the sale was of utmost importance to the sellers and they knew that if the customers, employees or competitors found out the business was for sale it would have a negative impact.
The solution: Atlantic Business Brokers was retained as the exclusive business broker to sell the business. Atlantic Business Brokers did an evaluation of the business and a comprehensive Summary Offering package was put together. To effectively reach as many qualified buyers as possible, we knew we had to market the business aggressively, as well as maintain confidentiality throughout the process.
The results: The business attracted many qualified buyers and multiple offers were made. The transaction was completed by a financial buyer and financing was obtained through an SBA lender. The transaction and transition went as planned with no negative impact on the business. The buyer bought a profitable and successful business, and the sellers were able to pass on the legacy of their business to a new owner.
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