VR BUSINESS BROKERS
Case Study: Multiple Store Garden Shop Brand
Congratulations to another set of buyers and sellers for the successful transfer of a prolific garden center brand with locations across the Southeast!
VR Business Brokers of the Triangle was honored to represent the seller in this transaction.
The Selling Process
This sale enabled the founders of a two decade old multi-location garden shop brand retire and spend time with the family who needed them.
Transaction activity included a professional valuation, book creation, buyer screening, buyer/owner meetings, negotiations, due diligence, bank financing, the assignment of three leases and the creation of two new leases, the consolidation of two business entities into one, a complex closing across two cities, and more.
According to the founding business owners, the acquiring party that VR isolated, a group of corporate refugees from a large institution in the agricultural sector, was the perfect fit to take their brand to the next level.
Special thanks to the law offices of Kennon Craver, PLLC and the offices of Stan Dean, PLLC for legal services.
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Whether you’re only just starting to think about the next step in your entrepreneurial journey or you’re actively planning for retirement or a life change, we can help. Schedule an appointment today. Neal is a business broker in Raleigh and he can help. It’s free and completely confidential!