The business was purchased by the Seller 7 years ago and he grew it nicely through the downturn in the economy. The Buyer had success most recently in a consulting capacity, but also worked in data analytics solution prior to becoming an entrepreneur. The transaction went smoothly as both parties were detailed oriented and professionals.
Sky High Sports Sold by Viking Mergers & Acquisitions
Sky High Sports in Charlotte, NC has been sold by Viking Mergers & Acquisitions. Sky High is a unique and highly successful kid’s entertainment business specializing in trampoline floors and walls. The business was absentee operated with a tenured manager that will stay on with the new owner.
M&A Due Diligence Checklist: Be Proactive & Prepared
M&A Due Diligence Checklist: Be Proactive & Prepared Due Diligence is a crucial step in the M&A process; this checklist will help you prepare. Due Diligence can be a time consuming process. One of our partners, LB&A, Certified Public Accountants has created a checklist to help business owners going through the M&A process. Many times CPAs just look at due diligence …
How to Secure the Highest Price when Selling your Childcare Center
How to Secure the Highest Price when Selling your Childcare Center Even if you’re not thinking about selling, these steps can help you prepare for your future. The idea of selling the childcare center that you have worked hard to build may be difficult to fathom, but chances are that if you are reading this, the thought has crossed your …
6 Traits of a Successful Business Owner
6 Traits of a Successful Business Owner What does it take to be a successful business owner? Starting and building a business can take years of hard work, passion and tenacity and is not for everyone. In a recent study conducted by the SBA (Small Business Administration), 1/3 of startup businesses with fail in their first year and about 50% …
Viking Mergers Completes Sale of Knot Yet Cabinet Works
Viking Mergers Completes Sale of Knot Yet Cabinet Works After a few years of discussing options, Viking Mergers was thrilled when Knot Yet Cabinet Works owner, John Hines, asked Viking to sell his business. John, a repeat buyer of Viking’s but first time seller, was shocked when Jay Offerdahl secured an offer with the first buyer to inquire. Selling …
“How do I tell my employees I’ve sold the business?”
“How do I tell my employees I’ve sold the business?” One of the hardest parts about selling a business that all owners must face is telling their employees. When you’ve decided it’s time to sell your business, your mind becomes preoccupied. Will I find the right buyer? How much will I get for my business? Is this the right time to sell? …
The Pros & Cons of Franchising: Is it Right for You?
The Pros & Cons of Franchising: Is it Right for You? Make sure you do ample research before committing to a franchising. If the entrepreneurial bug bit you, you may be thinking of opening or purchasing a franchise. Franchise opportunities exist in almost every industry, from fitness centers to auto repair facilities to sign companies. There are hundreds of franchises out …
Tips for Selling a Granite Fabrication Business
Tips for Selling a Granite Fabrication Business Industry trends and a steady economy make it a great time to sell a fabrication business. Granite fabrication businesses are one of the most popular businesses that buyers are looking to purchase. In the last 6 years, our firm has sold 4 granite counter businesses, and just recently sold our 5th this year. …
Anytime Fitness Sold by Viking Mergers & Acquisitions
Anytime Fitness Sold by Viking Mergers & Acquisitions Two Anytime Fitness franchises located in Lancaster and Fort Mill, South Carolina have been sold by Viking Mergers & Acquisitions intermediary, Jay Offerdahl. Voted as the #1 Top Franchise for 2104 by Forbes Magazine, these establishments have been thriving. The Seller comes from an educational background and originally bought the two locations with …
