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The Wall Street Journal Online

Michael Greengard

616-450-0707

Email Me


Michael S. Greengard, president of Praxis Business Brokers, has been involved full time in business brokerage since 2005. He has consistently been a top dealmaker with scores of completed transactions to his credit. Mr. Greengard has sold mid-market and main street businesses along with both large and small franchise resales. He has successfully represented business sellers from California to New York and has succeeded with both domestic and international buyers. As testament to Mr. Greengard’s superior skills, both buyers and sellers remain active with him after transactions are closed either looking to him for new opportunities and/or referring both potential sellers and interested buyers. Mr. Greengard’s completed transactions cover a broad range of industries including manufacturing, distribution, service, retail, and e-commerce.

Prior to entering business brokerage, Mr. Greengard spent 25 years in industry. He was actively involved as a partner or100% owner in a number of mid-market manufacturers. Mr. Greengard’s penchant for business transactions surfaced during his time in industry in which he bought and sold seven different businesses for his own account or for syndicates for which he was the managing partner. With decades of experience in operating businesses, Mr. Greengard brings a rare understanding of and sensitivity for business owners as they address transitioning their businesses to new ownership.

Mr. Greengard has a B.S. from Yale University and a M.B.A. from Columbia University. He and his wife Lori are 25 year residents of Ada, Michigan where they live with their three shelter dogs. They have a daughter at Central Michigan University and a son at George Washington University Law School.

Services Offered:
There are many aspects of the sale of your business, but none is more important than conducting every step of the process with total confidentiality. The brokers of Praxis understand that it is crucial that your employees, customers, vendors, and lenders remain unaware of the listing, marketing and sale of your business. We will be glad to explain all the safeguards Praxis employs to protect the confidential nature of your transaction. Once you have made the emotional commitment to explore the possible sale of your business and you are comfortable that the Praxis team can handle the transaction in a totally confidential environment, the next step is a valuation of your business. Praxis has proprietary software that will place a value on your business and furnish a possible closing statement that will allow you to grasp fully what you might expect at closing from the sale of your business. The Praxis valuation is done without charge or commitment. Because Praxis gets compensated on a success fee (commission) basis, it is crucial that our sense of how the marketplace will value your business and your expectations from a sale match closely. You certainly do not want to offer your business for sale at a listing price below market expectations, and if you offer the business for a price significantly higher than the market’s perception of its value, the market will respond in kind through lack of response. We will also offer our recommendations, based on our experience with scores of successful transactions, on how best to structure a deal to achieve your goals while maximizing buyer interest in your business. Once the listing price of your business is agreed upon, a straight forward engagement letter is executed, and we start the confidential marketing of your business. In addition to some proprietary approaches to introducing your business to qualified buyers who would not otherwise be reached, we use business opportunity websites, our own data base of prospective buyers, and dis  
Areas Served:
Kent County, Michigan.  

Established Businesses For Sale

Asking

Cash Flow

Location

Wholesale distributor of industrial electronic components

Wholesale distributor of industria...

  $595,000

  $215,000

West Michigan, MI

It has been a great 22 year run, but illness necessitates that the founder/owner/seller of this successful West Michigan wholesale distributor of industrial electronic components sell his business. With six full time employees (including two who have been with the company since day one) and 2-5 temporary employees, the business operates out of an attractive and conveniently located 16,000 sf...

Contract Manufacturer Low Volume Metal Components

Contract Manufacturer Low Volume M...

  $3,500,000

  $900,000

Metro Detroit, MI (Wayne County)

The owner of this 70 year old very successful minority owned manufacturer of metal products is ready to sell the business and move on. Operating out of a 30,000 square foot facility in SE Michigan, the business employs 40 highly skilled, non-union employees who use a variety of processes (including water-jet cutting, manual and robotic welding, stamping, and CNC machining to name several) to...

Machine and systems engineering and design services

Machine and systems engineering an...

  $1,350,000

  $600,000

West Michigan, MI

The founder/owner/seller of this successful 26 year old machine and systems engineering and design service business is ready to sell his company and slow down. The firm, located in a desirable Midwestern community, has 27 loyal non-union employees and annual revenues of $2.0 million. Rebounding strongly from the 2009 downturn, 2010, 2011 and 2012 averaged annual SDE (seller s discretionary...

West Michigan IT business - price reduced

West Michigan IT business - price ...

  $345,000

  $120,000

West Michigan, MI

The founders/owners/sellers of this successful 27 year old West Michigan business providing IT services and products to small and medium businesses, K-12 school districts, and county and municipal governments have reached retirement age. In addition, some recent health issues have prompted their decision to become aggressive sellers. Located in an attractive, dedicated, free standing 3400 sf...

Metal fabricating company

Metal fabricating company

  $1,300,000

  $350,000

West Michigan, MI

It has been a great, long run for this family business, but a combination of retirement and another partner leaving the business to pursue his call to the ministry means this 24 year old business will be sold to others. The sale of this well known and respected multi generation business could be your opportunity. The business is located in a newer facility (owned by the sellers) in a desirable...

Successful distributor/retailer of power equipment

Successful distributor/retailer of...

  $699,000

  $207,000

MI

After a great 30 year run, the owner/seller of this successful distributor/retailer of two distinct, unrelated product lines is ready to sell his company and retire. The business is an authorized dealer and repair center for several major manufacturers of commercial and residential lawn and garden power equipment. Additionally, the company is active in fireplace and wood burning stove sales and...

Retailer of fine chocolates and candies

Retailer of fine chocolates and ca...

  $139,000

  $40,000

West Michigan, MI (Kent County)

It has been a great ten year run for this impressive and successful retail confectionary business, but the owner has now reached retirement age and has elected to transition her business to new, energetic owners. The business is located in a highly desirable West Michigan suburban entertainment/shopping complex. The business occupies an ideally located 1000 square foot space within the...

Educational Programs - Sale Pending

Educational Programs - Sale Pendin...

  $1,750,000

  $536,000

Metro Detroit, MI

Long established and well respected, this 25 year old business provides educational programs to its participants who are generally referred by court personnel and/or the Secretary of State. Courses are offered both on-line and in the classroom. The experienced teaching staff is made up of 18 independent contractors all having a minimum of a master s degree. The company holds a State of Michigan...

West Michigan commercial recycling business

West Michigan commercial recycling...

  $395,000

  $150,000

West Michigan, MI

It has been a great eight year run for the owners of this smaller, but successful West Michigan commercial recycling business. The partners have decided to end their relationship and sell the business so one of the partners wives can accept a significant, out of town promotion in her field. The owners difficult decision could be your opportunity. Operating in a 17,500 square foot free standing...

Unique Machine Builder

Unique Machine Builder

  $1,550,000

  $390,000

Northern, MI

The founder/owner/seller of this successful 23 year old business which supports the tube forming industry is interested in selling his company and retiring after an ample transition period. This ISO 9001:2008 certified company operates out of an attractive, newer 14,000 square foot facility in an industrial park located in a desirable, scenic community in northeast Michigan. The business has a...

Pulmonary Rehabilitation and Physical Therapy

Pulmonary Rehabilitation and Physi...

  $350,000

  $120,000

Southeast, MI

It has been a great ten year run for the owner/operator of this successful physical therapy business, but he is now ready to sell his practice and retire. Located in an attractive and conveniently located 1800 square foot facility on an active thoroughfare in a desirable suburban community in SE Michigan, the practice is a CORF (Comprehensive Outpatient Rehabilitation Facility) certified facility...

Mid-Michigan Occupational and Physical Therapy Business

Mid-Michigan Occupational and Phys...

  $350,000

  Not Disclosed

Mid State, MI

This attractive, multi-location Occupational and Physical Therapy practice is a Medicare Facility that has operated successfully in a major and desirable mid-Michigan city for over 20 years. The business boasts a loyal and experienced staff of 14 which results in a steady revenue stream of just under $1.0 million annually. The caring staff coupled with newer, professional grade equipment...

Rapidly Growing Commercial/Residential Services Business

Rapidly Growing Commercial/Residen...

  $395,000

  $218,000

Se Michigan, MI (Washtenaw County)

The founder/owner/seller of this seven year old business has accomplished his goal of creating a profitable niche home improvement business that (1) has revenues of more than $1.0 million, (2) is generating a handsome cash flow; and (3) has a proprietary business model which allows for organic growth in the current marketing area as well as repeatable expansion in other geographic areas. As such,...

Machined parts and specialty tool manufacturer

Machined parts and specialty tool ...

  $595,000

  $170,000

Northern Michigan, MI (Emmet County)

After 40 successful years, the founder/owner/seller of this high cash flowing machined parts and specialty tool manufacturer is looking forward to retiring after he sells his business to a new owner/operator. Housed in a 5,700 square foot facility located in a beautiful and desirable community in Northern Michigan, the business recorded 2011 revenues exceeding $600,000. The real estate (not...

Tractor & Outdoor Power Equipment Dealership

Tractor & Outdoor Power Equipment ...

  $350,000

  $185,000

South Central, MI

This profitable, attractive and well located southern Michigan retail dealer of motorized equipment and implements is tracking record sales in 2012, its fourth consecutive year of revenue increases. The largest revenue source comes from sales of major brands of new tractors, and ATV s. The business also sells lawn equipment, chainsaws, and the like. Five full time and three part time loyal, long...

$950,000 in Sales - Franchise Collision Center

$950,000 in Sales - Franchise Coll...

  $275,000

  $129,000

Southeast, MI

An easy commute from the Northern Suburbs of Detroit, no industry experience required, training will be provided. This is an excellent turn key opportunity in a great location and features newer top of the line equipment. This collision center offers autobody repair services and painting. Many major corporate accounts exist; however, there still remains plenty of room for growth. The listed cash...

Resort area restaurant

Resort area restaurant

  $745,000

  $150,000

West Michigan, MI (Oceana County)

It has been a great 15 year run for the third owner of this very successful 45 year old family restaurant located in a highly desirable resort community in Western Michigan, but now he wants to sell his restaurant and retire. His 3700 square foot facility is located on a acre plot situated literally a stone s throw from Lake Michigan and its neighboring spectacular dunes. Both the building and...

Industrial Machinery Repair

Industrial Machinery Repair

  $450,000

  $237,000

Central, MI

After an excellent 20 year run, the founder/owner/seller of this mid-Michigan manufacturing business is ready to sell his attractive business and retire. The majority of the company’s revenue comes from repair and rebuilding industrial machinery and metal forming equipment. To this end, the company employs four full-time and two part-time employees. All are both highly skilled and non-union. At...

Multi-Location Adult Foster Care Business

Multi-Location Adult Foster Care B...

  $500,000

  $150,000

Southwest, MI (Wayne County)

The founder/owner/seller of this nearly 40 year old successful three unit adult foster care business is ready to sell his company and retire. This is a very good opportunity for a buyer who has both interest and experience in caring for the developmentally disabled and mentally ill while enjoying a solid cash flow. Situated in the city of Detroit, the company’s three separate locations provide...


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