Business Listings

Glass Company on the Carolina Coast with Solid Foundation and Huge Upside

Price: $ 259,000

This special356546_origty trade contractor has been a leader in commercial and residential glass installation and repair for over 20 years, has a solid foundation and huge upside.  The company offers a wide variety of custom-cut glass products to serve its residential and commercial clients. Examples include window and door glass replacement, custom wall mirrors, beveled mirrors, furniture tops, thermo-pane, custom shower enclosures, bullet resistant glass, plexiglass, lexan, aluminum entrance ways, and glass store fronts.

The company has a proven track record, supported by its long-standing relationships with local builders and remodeling companies. The business mainly acquires new clients through referrals, and the company maintains a database of approximately 1,200 active customers. Commercial services account for 55% of window and glass sales and installation, while 45% is derived from residential services. The vast majority of work takes place within 60 miles of the business location.

This business is known for superior service, reliability, and quality installations and is led by a seasoned team with decades of industry experience and excellent customer relationships. Providing certified technicians with quality materials and specialized customer service is the focus on each project.  The company is located in one of the fastest growing counties in the country. The Carolina coast is a very desirable area to live and work with many cultural and recreational opportunities.

After many successful years in business, the owner has expressed a desire to enter retirement and pursue a personal passion. However, the ongoing success of the company is a priority. He is looking for the right candidate to hand off this well-established business and brand.  Good books and records. Currently sales are derived almost exclusively through word-of-mouth. Business can be expanded significantly with minimal advertising and targeting commercial and residential builders in the area.  Very little marketing is currently being performed. This business is poised for new ownership and energy to continue its growth. Seller is turning away work and realizes the business would benefit in the hands of a new owner. Per the Seller, a new owner could accelerate growth at a rapid rate by hiring a full-time estimator. If interested, Seller can provide several ideas to expand services beyond what is currently offered to generate substantial cash flow.

The company operates out of a leased, centrally located 4,000 square foot facility with high roll-up doors and high ceilings. The facility includes a shop area, storage and office space. The warehouse is just one block from one of the town’s most heavily traveled streets and minutes from downtown, office parks, shopping centers, and several upscale neighborhoods.

SBA pre-approved. No glass/glazing experience is required, but the ideal purchase candidate should have construction, engineering and/or management background. Confidential Listing. Detailed marketing package is available upon signing of Non-Disclosure Agreement. Contact Jeffery Baxter at jeff@midstreet.com or Joe Augustine at augie@midstreet.com for additional details.  This listing profile is not an offer to sell or trade securities.  Real estate by MidStreet Realty, Inc., a North Carolina Real Estate Firm.

Multi-line Powersports Dealership:  Exclusive Dealer for Honda & Kawasaki

Price: $ 250,000

kawasaki-zx10r-2017-2Owner is motivated and has priced this business to sell.  Can’t miss opportunity for the power sports enthusiast and/or investor.  For over 27 years, this dealership has been one of the regions PREMIER dealers of HONDA and KAWASAKI products in northern North Carolina / southern Virginia.

The business stocks and sells every style of motorcycle (dirt, street, touring, cruiser, dual sport, adventure, etc.), atv’s, (sport and utility), side X side utility vehicles (sport, utility, 2,3,4,5 and 6 seats).  The parts and accessory department services all makes and models.  They offer a full range of factory parts, tune up components, chemicals, and the usual array of apparel such as helmets, jackets, gloves, etc.  Almost everything that is available to the enthusiast, they have in stock, or can get quickly.  An experienced and enthusiastic sales team is in place and offers customers the financing to help make their dream a reality.

Located in an area with many recreational opportunities.  Perfect expansion opportunity for an existing dealership or an individual investor looking to enter the industry.  Confidential Listing.  Marketing package available upon signing of Non-disclosure Agreement.  Real Estate available through MidStreet Realty, Inc.  Contact Chad Barbour at (919) 263-2550 for additional details.

 

Multi-location Tax Franchise – Coastal North Carolina

Price: $ 675,000

Business people discussing the charts and graphs showing the results of their successful teamworkRARE OPPORTUNITY – NO TAX EXPERIENCE NEEDED. If you’re looking for a solid business with a proven track record and great growth potential, look no further. This business consists of 7 dedicated territories with 20 individual locations and has been the recipient of a number local, regional and national Franchise awards.

Over the last 11 years, the current owner has structured the business to be on auto-pilot. Even though operated on a semi-absentee basis, it generates solid cash flow and has a proven and consistent track record.  Experienced managers are in place and expected to stay with the new owner.  Well-trained operations managers conduct all day-to-day business activities and haves been in place for several years.  Both the employee retention rate and customer retention rate greatly exceed national averages.
This business has is poised for new ownership and energy to continue its growth. Franchisor has nationwide recognition and is a very powerful partner in the franchising community. As a new owner, you’ll have tremendous support as part of a national franchise network with more than 6,800 franchised and company-owned locations, including nearly 3,000 in Walmart stores.

SBA pre-approved and perfect for a buyer with accounting and/or management experience. Confidential Listing. Detailed marketing package including company video is available upon signing of Non-disclosure Agreement.  Contact Chad Barbour at (919) 263-2550 for additional details.

Florist with Long Term Customers in Popular Small Town

Price: $ 175,000

Main Gavins PhotoA beautiful, independently owned flower and gift shop with thriving walk in, delivery and event based business.  This small town florist has an outstanding reputation and has been serving small business owners and individuals throughout the local area for well over 20 years.

The business provides a full range of floral products, gifts and services for weddings, anniversary’s, birthdays, events, special occasions, funerals and holidays.  Retail offerings include vases, glassware, gifts, gift baskets, greeting cards, balloons, rental displays, silk arrangements, candles, ribbon, plants, tropicals, and dried floral arrangements.  All equipment and inventory included to run a floral design studio and gift shop including shelving/storage, furniture, shop inventory, and delivery van.  Business has great relationships with vendors (flower market, local farms, hard good suppliers, wholesale goods) and high end event planners that will translate over to the new owner.

The business has a proven track record and has enjoyed controlled growth, mainly through referrals.  Well-rounded income with wedding and other event based work during the spring/summer, holiday sales during the late fall/winter and busy florist holidays dabbled throughout the year.  Same day delivery is available throughout the surrounding area.

Highly visible location in stand-alone building with attractive retail/studio combo space.  Building is located on one of the town’s most heavily travelled streets and close to a large regional hospital, funeral homes and several upscale neighborhoods.  Located in an economically vibrant small community, mid-way between Raleigh and Richmond.  This is a very desirable area to live and work with many cultural and recreational opportunities.

After many years in the business, the owner’s personal situation has prompted him to pursue a change of careers.  However, the ongoing success of the business is his main priority.  He is looking for the right candidate to hand off this well-established business and brand.  No floral experience is required, but the ideal purchase candidate should have creativity and a strong client service ethic.  Very experienced and reliable employee is expected to stay on with new owner.

SBA pre-approved and perfect for a buyer with retail and/or management experience. Confidential Listing. Detailed marketing package including company video is available upon signing of Non-disclosure Agreement. Contact Chad Barbour at (919) 263-2550 for additional details.

 

HOA Management Company

Price: $ 349,000

1 (1)This long standing and well respected company is a leading provider of management services for condominium and homeowner associations with service offerings that include financial, budgeting, billing & collection, minor maintenance & repairs, and oversight of grounds and pool services. Main services and fees include management fees (53%), maintenance fees (23%), administration fees (8%), pool management (11%), and grounds care management (5%).

Considered one of the premier companies in the area, they’ve been in business for over 25 years and have long tenured clients… most with the company for over 5 years. Careful management and an excellent reputation have allowed the company to enjoy consistent growth and profitability. All advertising is provided through reputation and word of mouth.

If you’re looking for a company that is easy to run, with a long-term track record and tremendous upside potential, look no further. The North Carolina coast is booming. The existing owner is comfortable with existing revenue and cash flow levels. An owner operator focused on expansion has several opportunities for rapid growth including additional HOA contracts, in-house maintenance & repairs, real estate sales and landscaping.

Existing owner is satisfied with the current level of income and has no dedicated marketing person or program with new business being added primarily by referral.  Several avenues exist for a more aggressive owner to rapidly increase revenue including additional HOA contracts, in-house maintenance & repairs, real estate sales and landscaping.  Networking and reaching out to HOA’s, condo and co-op associations could easily make a significant difference in the number of new clients signed up.  Obtain a real estate license and capitalize on opportunities when clients decide to sell their investment property.

No license is required to operate this business. SBA pre-approved and perfect for a buyer with real estate, management and/or accounting experience.  Consistent business with small but steady increases each and every year.  2015 came in at $243,000 with Seller’s Discretionary Income of over $127,000.  Confidential listing; contact Jeff Baxter at (800) 815-3650 for additional details.

 

Historic Yadkin Valley Winery & Brewery – SOLD

Price: $ 2,395,000

Main Video PhotoThis vineyard is well known throughout the state of North Carolina.  Little did Jack Kroustalis know he would be making history by planting the Yadkin Valley’s first vinifera grapevines over 40 years ago. The first vineyard at this property was planted in 1972, against the advice of agricultural authorities.  Kroustalis was not discouraged by naysayers. He began planting vinifera varieties that are used to produce fine California and French wines. Chardonnay, Cabernet Sauvignon, Riesling, Merlot, and Sauvignon Blanc are now thriving along the banks of the Yadkin due to this pioneering vineyard and there are now 35 wineries, most with tasting rooms, located within 50 miles of this property.

This award winning winery is known for producing some of the finest hand-harvested, handcrafted, premium estate wines in the country. The list of national and international awards is long and includes Gold medals for the Barrel Fermented Chardonnay, the Cabernet Sauvignon, the Merlot, the Chambourcin, the Sauvignon Blanc, the Riesling, and the Seyval Blanc. These award winning wines have been distributed throughout North Carolina and featured in well-known restaurants, wine shops and large retailers including Harris Teeter, Lowes Foods, Total Wine and Fresh Market.

A commercially bonded winery for over 25 years, this winery and vineyard has received favorable press in publications such as the Wall Street Journal, Time Magazine, Wine Spectator and the Wine Advocate. Robert Parker, the most widely known and influential wine critic in the world and founder of “The Wine Advocate” declared it “One Of The South’s Best Kept Secrets”.

The business has built a tremendous amount of goodwill throughout the community and has seen over 1,000 people per week participate in winery tours. Over the years, the property has become known as a popular and innovative wedding and multipurpose event center for the entire region. A hand-sewn log home provides historic ambiance and has been upgraded and expanded to include vaulted ceilings, fireplace, kitchen facilities and a private covered deck overlooking the vineyards. Art shows, car shows, concerts, private parties and other special events have been commonplace and drawn large crowds. These functions have contributed significantly to both name recognition and annual revenues by way of rental fees and retail sales of wine and general merchandise.

The location of the property, just fifteen minutes from Winston Salem and 40 minutes to Piedmont Triad International Airport makes it ideal. This area’s grape growing and wine making industry has grown steadily over the past decade and wouldn’t have been possible without this pioneering vineyard. This pioneering winery was instrumental in the area obtaining North Carolina’s first American Viticultural Area designation. The Yadkin Valley AVA, located in the western Piedmont and foothills of the Blue Ridge Mountains, includes all or part of seven counties where vineyard tours and several annual wine festivals are held. The AVA designation allows use of the “Yadkin Valley” appellation on bottled wines.

The total property sits on 40 acres with over 14 acres dedicated to the vineyards. Their plantings include Cabernet Sauvignon, Merlot, Reisling, Chardonnay and Pinot Noir among others.

In 2012, the company invested over $350,000 to became only the second winery in North Carolina to offer locally-brewed craft beers. With its five-barrel state-of-the-art brewing equipment, the brewhouse was well received and offers tremendous growth potential by leveraging the existing brand name. Nationally, craft beer sales are rising and there appears to be not end in sight. The brewers association reported 2013 growth of 15 percent, marking the fourth straight year of double digit growth.

Well maintained equipment and facilities that have been continuously upgraded. Winery has current capacity of up to 14,000 +/- cases and plenty of room for expansion. Brewery has five-barrel, state of the art equipment that is nearly new with ample opportunity for growth, through both onsite brewpub sales and distribution channels.   While there are other wineries, few, if any, can offer the reputation and potential of this historic winery. Real Estate is included in the purchase price and is offered by MidStreet Realty, LLC. Contact Broker for marketing package including detailed company video.  

Industry Leading Real Estate Licensing School – SOLD

Price: $ 2,900,000

SBA Pre-approved.  An industry leader in real estate licensing education, this school is one of the largest of its kind in the Southeast and has offered top quality pre-licensing and continuing education to students since 1998. Known for the quality of its programs, lively and entertaining instruction and high graduation rate. Live classroom instruction is offered throughout North and South Carolina in over 20 locations. This year alone, the school will instruct more than 18,000 real estate licensees in over 30,000 classes with courses in broker pre-licensing and post-licensing, “exam prep” cram courses, continuing education, and Broker-In-Charge annual update. The school also offers a variety of unique programs, seminars and career events that help launch a new career or enhance an existing one. Ancillary sales from supplemental workbooks and study guides.

Seller has done a tremendous job in growing the business to its current level but he realizes the business could greatly benefit in the hands of a new owner. The business has reached a point where it needs an owner with a strong management background to take it to the next level. Continuous growth has led to an abundance of expansion opportunities. However, the Seller’s heart has always been in the classroom. As he nears retirement age, he knows he doesn’t have the management background or desire to capitalize on the many opportunities available. He is open to remaining as an instructor with the new owner for an extended period of time and is willing to consider partial financing for the right buyer.

The main corporate office features over 7,000 square feet of office/training space and is located in a beautiful in a high profile office/retail complex. Management has been diligent in recruiting top talent as evidenced by the number of instructors with highly regarded national training certifications.

SBA pre-approved and perfect for a buyer with instruction, real estate and/or management experience. For a company already in the training or similar space, this presents a rare opportunity to acquire a growing and highly profitable company with many synergistic possibilities.

2015 sales continue their upward climb, up 9.7% over 2014 and on track to exceed $3.5 million with Seller’s Discretionary Income of over $900,000.  Detailed marketing package including company video is available upon signing of Non-disclosure Agreement. Contact Jeff Baxter at (800) 815-3650 for additional details.

Equipment Rental Company – SOLD

Price: $ 1,425,000

Main PhotoFor over 25 years, this rental business has grown to become one the most recognized names in its market area. Large amount of repeat and referral business. While existing numbers are attractive, plenty of room exists to grow revenue and cash flow even further.  Seasonal business that allows owners to take up to 3 months off each year.  This is an opportunity to acquire a longstanding business with great cash flow and plenty of upside while living in one of the most desirable areas of the country. Seller owns real estate and will provide attractive lease terms.

The business has been prequalified for a loan package that includes $100,000 in working capital with a $350,000 down payment for a Buyer with management experience or previous business ownership experience. No special licensing requirements exist. Seller will train and is also willing to consider financing for a portion of the sale for a qualified buyer.

Contact Jeff Baxter for additional details.  Sales have increased each of the past 6 years.  2014 Seller’s Discretionary Earnings of over $445,000.

This is a rare opportunity and will not disappoint. Confidential Listing. Qualified buyers only.

Painting Contractor – SOLD

Price: $ 529,000

SPic4BA Pre-approved.  In business for over 17 years, this company services both residential and commercial sectors with a long list of satisfied clients including home owners, HOA’s and schools as well as many of the top retailers, general contractors, facilities managers, building owners and developers.  The largest, most experienced and most recognized business of its type in its market area.  Owner performs strictly management and estimating functions; experienced, long-term employees in place.

The owner has implemented systems in place that rival and/or exceed some national franchises.  All pieces are in place to make it easy for a Buyer to step in and excel including business plans, operating procedures, marketing campaigns, customer management software, a top quality web-site and exceptionally clean books and records.

Dedicated to superior customer service and professionalism, this business has done a great job of documenting past projects with numerous photographs and customer testimonials.  The business is centrally located within its market area and housed in a highly visible and attractive 5,000 square foot office & warehouse facility.

Seller is relocating out of state to be closer to family.  Business priced to sell quickly at just over 2 times cash flow.  Pre-approved by SBA lender for a buyer with management experience.  Seller will consider partial financing (up to 10%, as necessary per SBA lender) for the right buyer.  Marketing package available upon signing of Confidentiality Agreement.  Contact Jeffery Baxter at (800) 815-3650 for details. Sales up 10% and on track to total $1.25 million with adjusted EBITDA of $275,000.  Warehouse from which the business operates is available and offered through MidStreet Realty.

Coastal Renovation/Remodeling Contractor – SOLD

Price: $ 1,250,000

SBA LendeimagesCAYQXRL0r Pre- Approved.  This 27 year old business is a highly profitable renovation/remodeling company located in one of the top vacation rental markets on the east coast.

CustomersPremier specialty contractor located in one of the top coastal resort areas on the east coast. Good mix of residential and commercial clients. Easy to run. Currently run semi-absentee with experienced and respected manager in place and willing to stay with new owner, if desired. Manager has over 20 years direct industry experience and currently performs all sales, estimating and management functions.

The business currently does very little advertising, choosing to rely almost exclusively upon referrals and repeat business. The company has continued to grow year after year, has become the largest company of its kind in the area and has established long term relationships with a vast majority of the region s top builders and developers.

The business has consistently invested in training and technology, staying well ahead of the competition. For an existing construction company, this is a great strategic acquisition opportunity to immediately purchase a predominant established specialty trade contractor with modern technology and capitalize on the long term goodwill, reputation and client base. SBA pre-approved for a buyer with construction and/or management experience. include: individual homeowners, commercial property managers, condominium management associations and resort property management companies.   Business currently does a minimal amount of advertising, choosing to rely almost exclusively upon referrals and repeat business.   Several avenues exist for a more aggressive owner to increase revenue and expand services offered.

Several factors combine to make this a very attractive and unique business opportunity:

  1. the business has been strategically located to take maximum advantage of the unique market it serves;
  2. nearly all homes in the area are very large, multi-million dollar vacation rental homes that are expected to be in pristine condition;
  3. a vast majority of homes are owned by out-of-state owners in need of a reputable company they can trust;
  4. harsh environmental conditions constantly wreak havoc on coastal properties and cause premature degradation of building materials resulting in damage such as dry-rot and mold;
  5. substandard building practices employed by area builders as the community exploded in growth over the last 20 years and;
  6. periodic storms that frequent the area further enhance revenue opportunities

Revenues and profits have continued to increase steadily each year.  The company maintains a significant backlog of contracts that will be transferred to buyer at closing.    Management has been diligent in training company employees as evident in certifications the company holds from multiple manufacturers.  Well established relationships with vendors and sub-contractors.

Seller has accumulated significant personal assets and is ready to retire to his home in the mountains.  As such, he has priced the business to sell quickly at just over 2 times cash flow.  Business has been pre-approved by SBA lender/s for a buyer with management experience.  Seller will also consider partial financing (up to 10%, as necessary per SBA lender) for the right buyer.  Marketing package, including detailed company video, available upon signing of Confidentiality Agreement.  Contact Jeffery Baxter at (800) 815-3650 for details.  2014 sales up 14% and on track to total $ 3.9 million with adjusted EBITDA of $ 490,000.  Real estate from which the business operates is available and offered through MidStreet Realty.

Niche Specialty Contractor – SOLD

Price: $ 925,000

IMG_0525Premier specialty contractor with a good mix of residential and commercial clients. Easy to run. Currently run semi-absentee with experienced and respected manager in place and willing to stay with new owner, if desired. Manager has over 20 years direct industry experience and currently performs all sales, estimating and management functions.

The business currently does very little advertising, choosing to rely almost exclusively upon referrals and repeat business. The company has continued to grow year after year, has become the largest company of its kind in the area and has established long term relationships with a vast majority of the region s top builders and developers.  The business has consistently invested in training and technology, staying well ahead of the competition.

For an existing construction company, this is a great strategic acquisition opportunity to immediately purchase a predominant established specialty trade contractor with modern technology and capitalize on the long term goodwill, reputation and client base. SBA pre-approved for a buyer with construction and/or management experience.  2014 revenues of $925,000 with Sellers Discretionary Earnings of $375,000.

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