SOLD! Plymouth County Liquor Store In Plaza

Plymouth County, MA - ***SOLD*** We are pleased to announce the sale of AAP Corp. dba Rosebrook Wine & Spirits.  Adam Bauer, Principal of The Business Exchange exclusively arranged the sale to Liquor N More.         … [Read more...]

When Two Million Dollars is Just Not Enough

Not everyone wants to sell when they feel as though they have to sell. Life changes, such as divorce or illness, can trigger the sale of a business. Everything from declining business revenue to partnership problems and more can send business owners scrambling for the exit sign. However, selling isn't always an option, especially for small businesses. In this article, we will take a closer look at just such a situation. The business under consideration is a successful distribution business, which is also a classic example of a value-enhanced business. The two owners each draw several hundred thousand from the business each year to go along with a range of other benefits. If hypothetically, the business was to sell for $2 million dollars, each of the owners would receive approximately $1 million. Of course, this sounds like a sizable amount. So, what is the problem? When one stops to factor in such variables as taxes, closing expenses and debt, that $1 million-dollar number has … [Read more...]

Upper Cape Fast Casual Concept

Bourne, MA - ***SOLD*** Tom Davis of TBX arranged the sale of Jasbar LLC.    … [Read more...]

Three Common Errors Caused by Inexperience

The old saying that “there is no replacement for experience” is a truism that has stood the test of time. The simple fact is that a lack of experience can dismantle your deal. Consider the following scenario – a business owner nearing retirement owns a multi-location retail operation that is doing several million in annual sales. He interviews a well-respected and experienced intermediary and is impressed. However, the business owner's niece has recently received her MBA and has told her uncle that she can handle the sale of his business and in the process, save him a bundle. On paper, everything sounds fine, but as it turns out the lack of experience gives this business owner less than optimal results. Let's take a look at a few problems that recently arose with our nameless, but successful, business owner and his well-meaning and smart, but inexperienced niece. Error #1 No Confidentiality Agreements One problem is that the business owner and his niece don't use confidentiality … [Read more...]

South Coast Coffee Shop

Bristol County - This south coast coffee shop is located in new retail strip and is turn key.  Established in 2012 the 925 SF space is turn key for this Coffee Shop opportunity.  The business grew revenue by 26% from 2015 to 2016.  Sales continue to grow.  Hands on ownership is a must.  Add juice bar to grow revenue even more! Seller financing negotiable. Asking $65,000  email Seana Gaherin at sgaherin@tbxllc.com … [Read more...]

Around the Web: A Month in Summary

A recent article posted on Forbes.com entitled “Small Business Owners Are Retiring, And Millennials May Not Fill The Gap On America's Main Street” uses the closing of a 235-year-old hardware store to prove a startling fact: the Millennial generation may not be suited to take over small business ownership like the generations before them. In the case of Elwood Adams Hardware, which has seen a multitude of owners over the last almost two and a half centuries, the current owner simply couldn't find a buyer. While student loan debt and an inclination to pursue work in the gig economy may be factors in this unwillingness to take on small business ownership, their age may actually be the driving factor. The article mentions that the sweet spot for entrepreneurship is typically the 40's, so it may take some time to truly see if millennials are suited for small business ownership. Click here to read the full article. A recent article from the Axial Forum entitled “Five Due Diligence Pitfalls … [Read more...]

Brewster Free Standing Restaurant w/ Real Estate

Brewster, MA - Located along scenic route 6a this free standing 92 seat restaurant is available for purchase for the first time in 17 years!  Over 2000 + SF of restaurant space along with patio dining makes this location attractive for many different operators. The three quarter (.766) acre lot offers ample parking and ease of access off route 6a.  All assets are included in the sale. Asking $899,000 email info@tbxllc.com for details     … [Read more...]

Breakfast & Lunch Business Quaint Village Setting

Plymouth, MA - ***UNDER LOI*** Thriving breakfast lunch business in quaint village setting. Known for their fresh ingredients and quality chalkboard specials this is a tremendous opportunity. Offering 750 SF and 28 seats, reasonable rent, open kitchen, Full basement, walk - in exterior cooler make this opportunity turn key! Bring your concept or continue on operating as is!  Seller financing available Asking Price $195,000 email abauer@tbxllc.com for more information … [Read more...]

It’s Time To Embrace CSR (Corporate Social Responsibility)

If you are unfamiliar with CSR or corporate social responsibility, you are certainly not alone. In the coming years, you'll be hearing a lot about CSR. In this article, we'll look at CSR and how, when implemented with sincerity, it can positively impact your company and its operation. Building Your CSR Locally One of the key ways that you can build your CSR is to think about ways to help your community. Contributing to local community programs, for example, is a great place to start. Everything from personal involvement to direct financial support can help build your company's reputation within your community. Your Connection to the Environment A second way to build your CSR is to show that your company is thinking about its impact on the environment. Recycling is important but so is using eco-friendly packaging and containers. Additionally, embracing low-emission and high mileage vehicles is another good step as this lowers your company's carbon footprint. Advertising and Good … [Read more...]

You Know the Old Saying About Loose Lips? How Does It Impact You?

The saying “loose lips sink ships,” doesn't have ancient origins. While it sounds like one of those sayings that has been around forever, the saying was actually invented during World War II. It was taken quite literally. The idea was that a lack of secrecy could lead to the loses of actual ships or other wartime deaths. So in other words, this saying was serious business. It should come as no surprise that this saying is alive and well in the business world. Few things are more important than safeguarding your business from leaks. Leaks can, simply stated, spell disaster for your business. Leaks can be particularly damaging if you are looking to or are in the process of selling business. A leak that you are planning on selling your business can have a range of consequences. Everyone from employees to customers, suppliers and, of course, prospective buyers and competitors could all take notice and this could have ramifications. Yet, confidentiality stands as a bit of a … [Read more...]