Business Opportunity listed with The Gibbs Group Convenience Store/Gas Station/Grocery/Deli Ask about listing #10823 Price: $799,000 (Includes Real Estate) Real Estate valued at $400,000 | Cash Flow: $220,483 Turn-key operation cash flowing over $200k a year. Seller financing available with half down. Lottery, Cigarettes and Food License required. Call now for more information! Call Stan Gibbs 612-865-2012 Motel/Truck Stop For…
Author: Ralph Peterson
Manufacturing Company SOLD!
Located in Twin Cities. 100 year old business. Current owner of business for 20+ years is retiring. Forging, forming, fabrication and more. A lot of great opportunity! List Your Business With The Gibbs Group We specialize in listing and selling Trucking Companies, Machine Shops, Manufacturing Companies, Cleaning Companies, Health Care Service Companies and more! Call Stan Gibbs: 612-865-2012 For Sale,…
Human Resources and the Workforce in 2016
2016 Business Trends The experts are saying that Human Resources Will Adapt to a Changing Workforce in 2016. Here is what Ira S. Wolfe, president, Success Performance Solutions has to say: “Hiring will become more difficult, especially for skilled jobs, leading to longer times to fill open positions. The cost to hire will consequently increase due to a combination of…
How to sell your business – part 9
So you want to sell your business? Know why you are selling your business and be prepared to tell the prospective business buyer your reasons. Most business buyers are curious as to why you are selling and will ask for an explanation. Look for the final tip #10 in this series next week. Questions? Contact us, we specialize in business…
How to sell your business – part 8
So you want to sell your business? Brainstorm on ways to grow the business. All buyers are looking for ways to add to the work you have done by improving sales or cutting out unnecessary expenses. If you have ideas, be prepared to discuss them with your potential business buyer. Look for tip #9 next week. Questions? Contact us, we…
How to sell your business – part 7
So you want to sell your business? Keep this in mind when you are preparing to sell your business. Improve your curb appeal. Tidy your working space – first impressions make a big difference! Look for tip #8 next week. Questions? Contact us, we specialize in business valuations plus we have over 40 years’ experience connecting buyers and sellers. Call…
How to sell your business – part 6
So you want to sell your business? Consider your employees. Decide how and when you will communicate the sale with your employees. Because of the uncertainty involved, most business owners wait until the sale is imminent (or done) before sharing the news with their employees. A buyer is likely to keep your employees after the sale is completed, so treat…
How to sell your business – part 5
So you want to sell your business? Now this one is as simple as it comes. Organize your legal paperwork such as operating licenses, property leases, customer agreements and insurance documents. Know where they are, keep them handy, you will surly need them. So find a good file folder and have all of those documents at hand so when you…
How to sell your business – part 4
So you want to sell your business? Update your company’s financial statements and understand the nature of you firm’s revenues and expenses. Buyers will typically require 2 to 3 years of financial statements (profit-and-loss statements, balance sheets and/or tax returns) for their evaluation. Make sure you have supporting documentation for nonoperational expenses (fringe benefits such as your personal health insurance).…
How to sell your business – part 3
So you want to sell your business? Selling a business can be emotionally stressful. We are sharing 10 steps to help you maximize your success potential when selling your business. Stay tuned each week as we share the top 10! Tip #3 Learn the true value of your business. Since small business valuations can be complicated, many owners have no…
How to sell your business – part 2
So you want to sell your business? For many, selling a business is a once-in-a-lifetime event which can be an emotionally stressful for an owner. We would like to share with you 10 steps to help you maximize your success potential when selling your business. Stay tuned each week as we share the top 10! Tip #2 To avoid delays…
How to sell your business – part 1
So you want to sell your business? For many, selling a business is a once-in-a-lifetime event which can be an emotionally stressful for an owner. We would like to share with you 10 steps to help you maximize your success potential when selling your business. Stay tuned each week as we share the top 10! #1 Be ready to sell.…
Gibbs Group Joins Care Options Network
We proudly announce the Gibbs Group of Calhoun Companies has joined the Care Options Network. We specialize in the sale and acquisition of Assisted Living Facilities, Home Health Care/Home Care, plus many other businesses in that field. Home Health / Assisted Living Opportunities We are the top Broker of Health Care Related businesses in the Upper Midwest. We have facilitated…
How To Be a Super Confident Leader
Many responsibilities come along with the job of running a business. Every day, business owners are confronted with a variety of issues and challenges, and if the business owner lacks confidence, not only will those issues and challenges go unresolved, but also the business will not grow and thrive. According to Thomas Edwards, founder of executive coaching firm Confidence Unchained,…
Five Reasons to Buy an Existing Business
If you are an entrepreneur dreaming of owning a business, we have five reasons why you should consider buying an existing business or franchise rather than starting up your own company. In fact, according to an article in Southcoast Business Bulletin, extensive data has shown that your chances for success are much higher when you purchase an existing business or…