Around the Web: A Month in Summary

A recent article posted on Business2Community.com entitled “How to Close the Deal and When to Walk Away When Buying or Selling a Business” explains the business sale process and how to differentiate between a good deal and a bad deal during the process. Closing a deal involves quite a bit of legwork, including producing a letter of intent, doing due diligence, acquiring financing, signing a purchase agreement, and actually closing the deal. These items can be easier with the help of a business advisor, broker, or attorney, but emphasis should be placed on the due diligence aspect: knowing the business inside and out is vital to a successful sale. Walking away from a deal can be difficult for a motivated buyer, but is sometimes necessary to avoid emotional and financial disaster. The following red flags help to signify that it's time to walk away: Inconsistencies Neglect Undisclosed Problems Poor Credit Rating The Industry is in Decline Being prepared is one of the best things that a … [Read more...]

Profitable Cape Cod vending business

Cape Cod, MA - This vending business has operated for over 42 years!  This is a tremendous opportunity with over 140 accounts throughout Barnstable & Plymouth county.  The business lends itself to tremendous growth potential with new energy and a willingness to grow. Easily make 6 figures of revenue as owner operator.  Present ownership does little to no marketing and essentially operates with its existing client base.  The business does not require industry experience and would be easy for a new operator to learn.  Seller will stay on for 30 days or longer with sale in order to allow a smooth transition. Consulting available thereafter. Two vehicles included with sale. $250,000 + Inventory For more information email Adam Bauer at info@tbxllc.com … [Read more...]

Craft Liquor Store in Affluent South Shore Town

  Plymouth County, MA - This liquor store is situated in an extremely affluent community on the South Shore Massachusetts.  The store operates with an ALL ALCOHOL liquor license.  They offer fine craft spirits, a rare selection of craft beers and eclectic hand selected wines throughout the world. There is upside in expansion/re-location of the store within the plaza. Asking $225,000 email Adam at abauer@tbxllc.com … [Read more...]

The Rise of Women Business Owners

The National Foundation for Women Business Owners (NFWBO) identifies trends relating to the small business climate for women. New studies examining the role of female entrepreneurs by the NFWBO have yielded some surprising and eye-opening results. A joint IBM, NFWBO study of the top fifty women business owners as well as 10 additional “up-and-coming” business owners reached several interesting conclusions. The women in the study covered a diverse array of industry categories including 27% in manufacturing, 25% in retail and 10% in real estate. 46% of the women inherited a business and over 50% started their own businesses, with 34% starting businesses themselves and another 17% starting businesses with others. A Preference for Flexibility One key part of the study centered on the fact that women business owners, in general, appear to prefer smaller operations. Among the 8 million women-owned businesses in the U.S., a full 75% are one person operations. Through ownership of these … [Read more...]

The Tremendous Importance of Simply Saying, “Hello!”

Far too many customers have grown to expect poor customer service. Whether its rude employees and customer support or impersonal robotic phone system responses, customers are often shocked when they receive pleasant customer service. In such a climate, it is clear that businesses that simply treat customers well are taking advantage of a huge opportunity. If you've ever personally called a credit card or cable company looking for help, then you already know that it can be something of a depressing and even Kafkaesque experience, leaving you feeling drained. More than likely you don't feel too positive about any automated experience that bounces you around from one hold menu to the next. Summed up another way, hold music is never a fun or rewarding experience. Communication is Always Changing In the “old days” a telephone call was often a customer's first experience with a business. Now, the game has, of course, changed, with most customers first experience being via the business's … [Read more...]

Cape Cod Seasonal Bar & Restaurant

Barnstable County , MA - Seasonal restaurant located on Cape Cod's busiest main street.  Operating from April 1st to Sept 30th this is tremendous seasonal operation (could operate until Jan 15th).  Boasting an enormous 38+ seat outdoor patio with seating for an additional 28+ inside this location is prime for multiple concepts.  Present capacity is 66 patrons. This business has operated at this location for over a decade! Presently being run as a Pub boasting one of the Cape's largest most unique Burger menus. 900 + SF kitchen area offers ample room for prep and functionality.  75% of sales are food 25% liquor. Seller financing available. Asking $99,000 for business only email Adam at abauer@tbxllc.com for more information  … [Read more...]

Plymouth County Gastropub & Tavern

Plymouth County, MA - Thriving downtown full service restaurant and tavern.  50 seat capacity, known for their quality comfort food, oysters and craft beer.  This has been a thriving location since opening their doors in 2011. Open year round for lunch and dinner, all alcohol license and weekly entertainment makes this a unique opportunity.  Perfect for owner operator or operator looking to add an additional location. Asking $275,000  email info@tbxllc.com for non disclosure agreement … [Read more...]

Three Signs You May Be Experiencing Burnout

Burnout is a strange phenomenon in that often a business owner doesn't know that he or she is experiencing it until it is too late. Owners who feel beleaguered and over stressed frequently want to sell their business and move on. However, buyers are not so eager to accept burnout as a believable reason for why an owner wants to sell. It is the responsibility of every business owner to be on guard against potential burnout. After all, it is better to “cash in” than to burnout. In this article, we will examine a few of the key warning signs that you may be on the verge of burning out. Sign 1: There is No Joy in Owning Your Business Once upon a time, you were likely excited about your business. But if those days are long gone, then it might be time to move on. Owning a business is hard work and eventually it can take a toll. If you find each day to be boring, then it is probably time to sell, move on and start a new chapter in your life. Sign 2: You Feel Exhausted Just as feeling … [Read more...]

Completely Remodeled South Shore Restaurant

  Plymouth County, MA - This property underwent an extensive renovation in 2015.  Beautiful rustic reclaimed wood custom barn doors separating dining spaces.  Beautiful gas fire place centerpiece in the main dining room. The restaurant is sited on a major artery in a prime south shore town.  Over 4400 SF of space, ample parking of over 58 spaces and capacity of 147 patrons.  Multiple dining rooms , full basement, large kitchen, new glycol tap system, new equipment, fire suppression and all major services recently completed. Toast POS system (5 terminals) and surveillance. Asking Price $210,000 + Inventory email abauer@tbxllc.com for more information … [Read more...]

Upper Cape Landmark Full Service Restaurant w/ 2 + acres

*photo is not actual and is stock image Upper Cape Cod, MA - Present ownership has operated at this location for over two decades.  The site features 2.367 acres featuring a well appointed 8,640 SF restaurant building , 600 + SF 2 bed/1 bathroom residential building and another 1,000 + SF outbuilding outfitted with a commercial kitchen.   Excellent frontage, multiple curb cuts, huge parking lot, 200+ seat capacity, full basement, annual all alcohol license, entertainment license.  This opportunity is one of a kind in a highly desirable Cape Cod town. email Adam Bauer at abauer@tbxllc.com for more information. Offered at $1.59M ($350,000 business/ $1.24M Real Estate) … [Read more...]