“Bringing Mid-Market to Main Street” Most Middle Market M&A firms only consider transactions with valuations in excess of $20 million. Due to their structure and overhead, they tend to concentrate on larger deals and prefer not to be bothered with the challenges of smaller, family-owned companies. Traditional Business Brokers handle the sale of small retail and service “Main-street” businesses, typically with revenues of under $1 million. While these firms may attempt gain listings within the lower middle-market, they typically lack the knowledge, sophistication and resources to represent these business owners in the best possible manner. In the end, this approach often proves very costly for the business owners these brokers claim to represent. MidStreet was founded with the intention of addressing the under-served market that falls between these two segments, thus providing lower middle-market, privately-owned businesses with a level of representation previously made available only to much larger companies.
New Bern, NC
Car wash and lube for sale in beautiful high traffic facility. Imagine living on the water in this coastal community owning this beautiful, well respected business. Opened in late 2007 this business has delivered steady growth with cash flow hitting a high of $316,000 in 2011. Cash flow dropped to $260,000.00 for a couple of years but sales have come roaring back in in 2014 moving cash flow back to $295k. That sales increase does not yet fully show the effects of a Wal-Mart that opened in June of 2014 and is less than 100 yards from the business. Located in a growing coastal community where this facility is the only tunnel wash in the county. This business is currently run absentee with a long term manager in place! SBA financing available. Real Estate valued at $1.8MM is included in the sale price. Buyer needs approximately $400k down.
Business listed by:
Unknown Broker Company
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