NJ Broker Plus has been a fixture in the business brokerage industry in New Jersey and New York. See why NJ Broker Plus is here for you when you need to sell your business or are in the market to purchase a business.
Since 2016, the team at NJ Broker Plus SOLD over 70 businesses in NJ & NY.
Ice Cream Parlors
HVAC / Plumbing & Heating
Below Are Some of Our Success Stories
Sale of a Computer Repair Business in Northern NJ
After 34 successful years, it was time for the owner of this computer repair business to retire. His business specialized in computer repair and installation, data recovery, security services, and contractual 24/7 support to the Northern NJ market.
The NJ Broker Plus team immediately notified the thousands of prospective buyers that are part of their confidential database and were able to bring several offers to this business owner. This ultimately resulted in the business owner receiving full asking price.
Here’s what he had to say:
“The entire team at NJ Broker Plus outperformed all of my expectations. My 34 year old IT Firm sold in just 6 months. I looked at other brokers but this group of people are true professionals who know how to provide the right exit strategy for anyone looking to sell their business”.
The Recent Sale of a Tutoring Business
The seller successfully established two centers however, the back and forth between the locations began taking a toll. He and his wife desired to start a family and he felt it was time to focus on one center. He didn’t know anything about the process of selling a business and chose the team at NJ Broker Plus to find him a buyer.
We implemented a comprehensive, confidential marketing program which resulted in several potential buyers that signed Non-Disclosure Agreements to receive more information. We narrowed down the list and vetted the buyer candidates to make sure they were financially qualified. After proof of funds was supplied by the buyer candidates, we introduced the most qualified buyers to the seller. Once the seller accepted an offer and the financial structure was agreed upon, ownership was transferred. The seller and buyer agreed to a three-week training/transition period and they remain colleagues today. Since them, the seller and his wife welcomed a new addition to their family and they continue to run their one center successfully.
The Recent Sale of a Transportation Business
When the owner of a non-medical transportation business was nearing retirement age, he reached out to business broker John Ratkoski to learn about the process of selling a business. The business owner informed John that his family members were not interested in taking over his business since they’re established professionals in different industries.
John and the owner met to review the business financials and calculated the business cash flow (how much the owner nets after expenses annually).
The team at NJ Broker Plus performed research and provided the owner with comparable transactions, a list of similar businesses currently on the market, along with industry reports which provide business value guidance. After a few months of marketing the opportunity confidentially, John vetted several buyer candidates and brought the owner a few who were the most financially qualified.
We are pleased to report that the business sold at a fair price and the transfer of ownership was a smooth process.
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