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Showing posts from 2020

Long Established Deli right off the Long Island Expressway! Sold by Mel Vaz

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Congratulations to Stephanie and Rehan on a successful closing for a Long Established Deli right off the Long Island Expressway! Stephanie it was a pleasure working with you on this sale. I am glad it has allowed you to move forward with starting your dream business, a bakery. I wish you and your family nothing but success. Thank you again for the opportunity to sell your business. Rehan, I wish you all the best as the new owner. I believe the ideas you have in mind and  your ability to be there full time will lead to great success. Every deal has a story. This one started in February of this year. As Covid cases began to ramp up in New York this deal was cancelled. The seller was uncertain about her ability to start her next venture and decided to keep the business. We all stayed in touch and fortunately Covid cases came down toward the end of spring and we were able to put this deal back together. There is a long history here. I actually sold this business to Stephanie's father o

Hand and Stone Massage and Facial Spa SOLD by Mel Vaz

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Congratulations to Rajib and Harin on a successful closing for a Hand and Stone Massage and Facial Spa franchise! Rajib, it was a pleasure working with you on this third purchase in three years. I wish you nothing but success and know you have a solid game plan for growth as we enter 2021. Harin, I wish you all the best in your new ventures and relocation out of state. At least there is one less thing to worry about.  Thank you for the opportunity to sell your business. Although the three of us have been discussing this for some time, once we came to an agreement, this deal was closed in less than 30 days. Record time! This was largely due to a very cooperative and transparent buyer and seller as well as a helpful and responsive franchise. Even though we are in the midst of a terrible pandemic, business must continue. There are fantastic deals on the market right now. If you are willing to take a risk, you may look back 10 years from now and realize that you made the deal of a lifetime

Self Storage Facility and Property - SOLD by Mel Vaz for $950K

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Congratulations to Bob, David, Jason, Max and Michael on a successful closing! David, Jason, Max and Michael, we wish you many years of success. It was a pleasure working with all of you. Bob, I know the sale was bittersweet, but now you can move on to retirement. I truly appreciate the opportunity. This deal also could not have been completed without the hard work of my dear friend and teammate, Joe Stansky, Esq. The offer was accepted on April 30th, 2020. This was the height of the pandemic in NY. Most people were fearful to come out of their homes. The buyers saw this as an opportunity of a lifetime and moved quickly. They realized that this listing received multiple offers within days due to the limited customer contact and ability to purchase property. As with all deals, it was not smooth sailing. There were issues that came up, but Joe and I were able to keep all parties calm and work through the issues to come to a successful resolution. This is where having a broker comes in ha
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Thanks Mike! You were a pleasure to work with. I wish you nothing but success and hope to work again with you in the near future. Stay safe and healthy. # testimonial   # testimonialtuesday   # melvazreviews   # sellyourbusiness   # smallbusinessadvice   # melvaz   # melvazbizbroker   # melvazbroker   # businessbroker   # smallbusinessowners   # buyabusiness   # sellabusiness   # buybusiness   # sellmybusiness   # sellingyourbusiness

Interior Design Franchise - Partnership SOLD BY MEL VAZ for $1mil.

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Congratulations to Keith, Anita, Kurt and David on a successful closing! We wish you many years of success and a fruitful partnership. It was a pleasure working with all of you. I truly appreciate the opportunity. This deal also could not have been completed without the hard work of Jim Aloi, Nathan Goldstein, David Bernikow and Sandi Schneider. The pandemic introduced a big hurdle in getting this deal completed. The original offer was accepted back in February 2020 and eve rything was humming along until the pandemic. This business requires in person contact for installations within private residences. That being said, I never gave up on the deal and neither did the buyers or sellers. Having a solid core business and reasonable parties on all sides makes all the difference in the world when you are trying to come up with fair and reasonable solutions. 20 years of experience on Wall Street and Main Street also helped. Do not be discouraged by the current environment. There are golden o

Rise and Grind Kitchen and Coffee Bar - Follow Up

I took some time to check in with a client who purchased a restaurant just as Covid 19 hit NY. He has been working on renovating with a brand new concept, Rise and Grind Kitchen and Coffee Bar. # followupfriday   # smallbusiness   # supportsmallbusiness   # patchoguevillage   # longislandny   # mainstreetusa   # mainstreetpatchogue   # sellyourbusiness   # smallbusinessadvice   # melvaz   # melvazbizbroker   # melvazbroker   # smallbusinessowners   # buyabusiness   # sellabusiness   # buybusiness   # sellmybusiness   # sellingyourbusiness   # vestedbb # riseandgrind

Durable Medical Equipment Company - Sold by Mel Vaz

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Garth, thank you again for the opportunity to sell your business. As you know, not every buyer has $2.5 million in liquid funds available for a purchase like this. We also needed to find someone who had the correct business acumen and experience to be successful. I always feel that if I do right by my clients something positive will come out of it. You had an offer from another buyer, but I never gave up on the deal. I continued to work on your behalf to find a backup buyer just in case your first deal fell apart. Fortunately he was the best fit and ultimately the deal worked out for all parties.