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Over the weekend during the traditional Town Meeting period in N.H., Leon Parker, the president of NHBS, was honored by the town of Henniker for his long term service to the community.
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After 21 years of successful ownership of this well-established seasonal Dairy Queen franchise store located in the Lakes Region of NH, Michael and Michelle Merrill have passed the torch to the new owners Brian and Mariluz Flanders.
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To start off the new year, we have celebrated with the owners of two businesses that have recently sold. We have more closings scheduled in the next couple of months. The market is still very active and quality businesses are being financed.
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s we close out 2021, we have four businesses under contract and moving towards closing within the next few weeks. Buyers are active and interest rates are still low.
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We closed out last month with the sale of an Electrical Contractor to a competitor looking to grow through acquisition thus allowing both parties to achieve their goals.
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PRICE REDUCED! Owners are motivated to sell and are looking forward to they're well deserved retirement.
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Happy fall! As we head into the fourth quarter we are anticipating a busy end to the year. We had a recent closing with more on the horizon.
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We have three listings that have just come to market. All are turnkey operations with strong reputations in their respective markets and produce solid returns to the owners.
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Below we present a new listing, a Bed and Breakfast operation in the Mt. Washington Valley. Conveniently located near the four season tourist attractions, this business will benefit from an on onsite, involved owner-operator.
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Below is an update on our current listings including one price reduction.
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We have two businesses that are new to the market- a light commercial and residential construction company that also includes commercial income property and an appliance sales and repair business.
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We have two businesses that are new to the market- an Electrical Contractor business that has been providing quality service to Commercial and Residential customers for over 40 years and a Seasonal Quick Serve Franchise that has been in operation for decades in a high traffic location.
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As we close out the first quarter of 2021, we are encouraged by the level of activity. We have had multiple closings and a substantial increase in interest for our current listings.
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If you are seriously considering buying a business, now is the time to act.
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As we begin 2021 we have five businesses under agreement and working through the sales process. We welcome the opportunity to talk to owners that are considering selling.
We have a newly listed flooring business that is really attractive and a Western NH commercial property, both described below.
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Parcel Room, a pack and ship business located at 1465 Woodbury Avenue, has been sold by Jeff Ballantyne to Ryan Boccelli and Jason Newman.
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Check out the great business that just came on the market. See below for details.
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Below we highlight a great lodging property and one of our new listings.
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In our current circumstances, nearly all businesses are experiencing changes and disruptions to the way they operate. Those businesses that have been able to adapt to the new environment or take advantage of changing habits continue to prosper. We highlight some of those below.
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View our newly released listings as well as some of our other opportunities.
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When searching for a business to buy, you most likely have a list of questions to ask the owner and a list of reports, contracts, leases, procedures etc., that you would expect a seller to provide. You should be prepared to provide some information or your own.
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Maintaining confidentiality when selling a business is of utmost importance. This allows the business owner to continue operations without disruption to sales and employees and helps prevent competitors from taking advantage of the situation.
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Buyers are out there and ready. Despite predictions that the market would evaporate as a result of the COVID stay at home orders, we are seeing strong interest right now in good business opportunities.
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We're all familiar with the devastating impact the stay at home orders have had on restaurants, hospitality, entertainment venues and hospitals to name a few. But the many businesses that have benefited have not received much interest in the press.
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As we navigate our current COVID-19 reality, we know that individual businesses and industries have been impacted differently. Some have closed, others have altered their model and others have seen an increase in business.
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New listing - Established and very profitable water supply trucking business for sale.
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Our February featured listing is an established, highly profitable convenience store with branded fuel.
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We closed out 2019 and began 2020 with the sale of two excellent, long established business that will now continue on for another generation!
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As another year draws to a close, we are grateful for the opportunities that we have had and look forward to the new ones to come!
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This month we feature a 'Gem in the Rough', a fantastic business that has plenty of upside potential with the addition of some new energy and focus. It's definitely worth taking a look.
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If food is your passion and it's time for you to branch out on your own or to expand your current operations to a new area, the offerings below are great opportunities.
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Your August Update: Recently sold and new listings.
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When we come across information that may be of benefit to our clients and customers we like to pass it on. Here’s a message that was posted at businessnhmagazine.com July 18, 2019.
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One of the benefits of our job is seeing a business continue and flourish under new ownership. We recently had the pleasure of working with a second-generation owner transfer ownership to a young couple eager to build on the success of the business.
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So, you’ve found a business you like. Now what? Financing can often be a stumbling block between the business dream and the reality. Speaking to a variety of people early in your search will help you to achieve your goals in the end.
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Some businesses are best suited to have a hands-on owner operator. If you like to be involved in the day-to-day, building relationships with your customers, employees and vendors, we have couple of new opportunities.
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Happy Spring! Featured below are two of our newest listings and we a have a few more coming to market in the next few weeks.
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Hospitality and Tourism are major drivers of the NH economy. This month we highlight two hospitality businesses in a great location that successfully attracted tourist dollars all year long.
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During the cold winter months, many of us like to settle down in a warm restaurant for a good meal. We have restaurants for sale that make great places to do that, but also are great places to eat any time of the year.
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As we say good bye to 2018 let’s be thankful that we made it through another year. Our focus now is on “Where are we going in 2019?”
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We couldn't go anywhere in New England this fall without seeing evidence of and hearing tales of road kill and pest invasions.
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We are sad to announce that our long-time associate, Stan Evans, lost his long battle with cancer. In honor of Stan and so we can attend services, our offices will be closed on Friday, October 26.
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Business in general is GOOD. From a buyer’s point of view, the inventory of businesses for sale is down from last year at this time. The good news is that the businesses that are on the market have motivated sellers and they too have benefited from the positive economy.
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6 Things to Consider When Reviewing a Possible Business Acquisition. When you find something interesting here are several things to focus on as you review it:
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As business brokers, we are in the people matching business. It is a pleasure to check on past sales, to see how they have turned out. We challenge our potential buyers during the discovery process, to envision themselves in the role of managing the business.
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6 Things to Consider When Searching for a Business.
In addition to revenue and cash flow, here are some important things to consider.
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June is associated with new beginnings – graduations, weddings, vacations, etc. This is also true for our buyers and sellers. Is it time for a new beginning?
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We have come to the official beginning of Summer with a taste of summer like weather. With that of course comes the extra traffic and “orange cones” season for road construction.
We are anticipating a good season for the hospitality businesses we have listed, as well as our property management and landscaping construction and maintenance businesses as summer properties around the lakes and resort areas come back to life and owners want to “fix them up”.
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We have finally seen the snow banks melt and the daffodils bloom! In addition to businesses that design, install, and maintain landscapes, we have other businesses for sale that are getting busy with the change of seasons.
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Stewart Lamprey, founder of New Hampshire Business Sales Inc., has died at the age of 96. He was well known in state government, serving both as President of the Senate and Speaker of the House of Representatives. He was a veteran who served during WWII.
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March certainly came in like a lion and thankfully looks like it is going out like a lamb. What that means to us in New England is pot holes and car repairs! This month we feature a couple of automotive related businesses and in the coming weeks we will be adding more so be sure to check back.
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Mae’s Place, a licensed 11-bed assisted living /residential care facility for the elderly located at 212 Summer Street, has been sold by Marsha Elder to McCleary Assisted Living Services, LLC.
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The Center for Eating Disorders Management, located here, has been purchased by Refresh Mental Health, Inc., from former owners Laura Clauss and Kathleen Corkery.
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Live Juice, a popular restaurant started by Aryn and Aaron Moore during the early days of the Main Street revitalization overhaul project, has been acquired by Kristen and BG Moore, who plan to continue the healthy choice menu and friendly style of business.
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What's on the menu tonight? For many people it's not what they're cooking at home. It's dining at a restaurant, ordering meals to go or stopping off to pick up sandwiches or pizza on the way home. The businesses featured this month are taking advantage of this trend.
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Gilbert Oriol has been named Broker of the Year for 2017 by New Hampshire Business Sales in the Main Street sales category.
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We had a strong close to 2017, with three businesses changing hands in the last month! Several more are set to close in the first quarter of 2018.
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It may not seem like the ideal time to be thinking of or looking at landscape / hardscape related businesses but it's actually an ideal time to begin the process and discussions and gathering information.
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Anyone owning a business is usually too busy running and building the business to think about the when they will no longer want to or are able to run the business.
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Many believe to be successful in the restaurant business it must be accepted as a calling. It was for the owners of our featured businesses this month.
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Is it a time for change in your business or career? Whether you want to try something new or expand your existing efforts, we have some solid opportunities.
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New Hampshire Business Sales is pleased to announce the sale of Soucy Sewer Service of Salem, NH, to Wind River Environmental headquartered in Marlborough, MA, with locations throughout New England.
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New Hampshire Business Sales is pleased to announce the sale of the Hampstead Center Market by Phil and Linda Torre and their daughter, Sherry Williams, to Theresa Melisi-Bean and Jean Pokorney of Derry.
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More than 50% of small businesses sold last year were in the Retail sector with 43% of those being Restaurants.
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A variety of recent reports indicate a strong housing market with new construction starting up.
Several of our businesses below are benefiting from this trend.
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Buying a business may not be the first thing that comes to mind but it is a good time.
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With Memorial Day comes the unofficial beginning of summer resulting in a big influx of vacationers and second home owners to New Hampshire. We have some solid business listings that are in areas that greatly benefit from this increased traffic.
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For over 40 years, New Hampshire Business Sales has been bringing buyers and sellers together and 2017 is no exception.
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This question reflects a desire to time the transaction to get the best result. This is inherently risky, considering how rapidly things change. A reality today is that change is a constant reality.
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If you have been thinking about or trying to buy a business recently, it remains a really good time to do so.
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The recent stretch of warm days has us thinking of fun in the sun. Boat yards and marinas in the Northeast are four season businesses with winter storage and repair.
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Nancy and Ed Adams have sold the Hancock Market on Main Street to Jarvis and Marcia Coffin, owners of the Hancock Inn located across the street from the store, according to New Hampshire Business Sales, which coordinated the transfer.
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This is the fifth year in a row that Settino has earned the honor as the company’s top performer in Main Street sales. “…When he gets an opening to sell a business, he leaves no stone unturned to get it sold,”
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This is the time of the year to start if you want to buy one of these this year, so you can be in place to be up and running for the peak season.
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Willow Pond Sand and Gravel in Newbury, NH was sold by Willow Pond Inc., of Fountain Hills Arizona, to D & E Land Holding, LLC. of Franklin, NH. D & E Land Holding, LLC is continuing operations as Willow Pond Sand and Gravel, LLC and is planning to significantly improve the operation and will open in early spring 2017.
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As the end of 2016 draws near, we reflect back on a strong year for our business and for our clients as well.
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This is the time of year when we think of home and family. Featured this month are a couple of different types of home; a home-like assisted living and a home-like lodging facility.
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As some seasonal businesses are closing for the winter, other businesses are wrapping up the fall work and changing gears for the coming winter season. Is it time to turn over a new leaf?
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Variety is the spice of life and that is what we are serving up this month. From metal manufacturing to mental health, we have a wide variety of new listings in multiple price ranges.
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After an unusually active summer season for both listing new businesses for sale and for closing deals, we approach back to school and Labor Day with the traditional summer vacation season coming to a close. We return to routines and schedules. It's now time to get down to business.
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Community Living for the Elderly, LLC. a licensed 15-bed residential care facility for the elderly located on 22 Mays Way, has been sold by Miklos Toth and Carol Jaworski to Tamworth Community Living, Inc.
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Market activity the first half of 2016 has been strong. Our closings to date have matched our total 2015 numbers. We have and continue to engage a quality selection of listings in a broad spectrum of industries.
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Worldwide Chocolate, located in Barrington, was recently sold by Sarah and Peter Ward to Craig Cahill who is shifting from the corporate world to the entrepreneurial life of a business owner.
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Country and General stores have been part of the NH landscape for over 200 years. Over the years, these stores have evolved to meet the needs of the local community.
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We've had a makeover! Our website that is. After months of planning and implementing our new site is up and running. We hope the new site will deliver a better experience for our visitors.
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Every year, Boomer business founders grow older and want to retire. This means that there is a great opportunity for new Associates to develop their own networks and build their own “book of business” using our history, tools and systems.
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Retail operations come in a large variety of sizes and offerings. Retail can be a great entry level opportunity or an add-on to an existing portfolio.
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Buying a business may involve more than just a down payment. Is your resume up-to-date?
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Victor and Barbara Mangini have sold the Greenfield Inn Bed & Breakfast in Greenfield, NH to Kenneth Tetreault and John Jordan of Palmer Mass.
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Ed Settino, a senior broker associate of New Hampshire Business Sales, has been named Broker of the Year for 2015.This is the fourth year in a row that Settino has earned the honor as the company’s top performer.
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For some people buying an existing business is a better option than starting from scratch. Established businesses often have what is needed already in place. The right purchase can get you income on day one.
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This is an excellent opportunity to get into the pizza business or expand your service area with a well-established, successful and popular restaurant in Manchester.
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Assisted living facilities are evolving with the ever increasing needs of an aging population. Demographic trends suggest the need for assisted living facilities will continue for years to come, especially in New Hampshire.
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Demographic trends suggest the need for assisted living facilities will continue for years to come, especially in New Hampshire where the population of seniors and retirees continues to grow.
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This top-notch hospitality facility is meticulously maintained and offers a blend of quality facilities to meet a diversity of needs. This facility is in a prime location to take advantage of all this four season tourist area has to offer.
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Minimizing surprises by disclosing even minor items can help keep a deal on track and avoid costly delays or even the termination of the deal.
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Owning a restaurant can be a dream career for the right person. Most importantly, the right purchase can get you income on day one – something you don’t get by starting from scratch.
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New Hampshire Business sales announced today that the former Diamond Acres Restaurant and Convenience Store site on West Main Street (Route 9) in Hillsboro has been sold.
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Owning a restaurant can be a dream career for the right person. A promising path is to purchase an established business.
There are many profitable ones on the market today, and established businesses often have what is needed already in place – including a functional kitchen, furnishings and more.
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Coming back out of the depths of the recession, bankers have been forced to be more conservative than they were in the mid-2000s. But they all have money they need to put to work, so are receptive to well thought out acquisition plans.
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A qualified buyer with a good strategy for running the business will find a sympathetic ear when talking with a bank to help fund an acquisition.
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In many situations, a business’s reputation is tied closely to the seller. The owner has generated personal goodwill. It may be difficult to value, but it is a real asset.
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Viewing your business through the eyes of a potential seller, increases your chance of a sale.
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Ed Settino, a senior broker associate of New Hampshire Business Sales, has been named Broker of the Year for 2014.
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