2016 Business Trends
Reaction to Minimum-Wage Increases Will Drive Up Prices and Expand Automation
“In general, it seems like the trend is the passing and enforcement of minimum-wage increases. Small business owners will need to find ways to offset that hike. [I have] no doubt we will see an increase in retail prices, amongst other ways to increase operation efficiency. Other visible differences might include the purchases of kiosks to replace employees or the reduction of nonessential operations.”
– Young Lee, CEO and Founder, The Flame Broiler
Are you looking for business growth 1016, ready to expand your business? The Gibbs Group of Calhoun Companies business buyers and will answer all of your questions. Plus we have the experience to back it up! We know how to valuate businesses and get the best price possible. Plus we have a huge list of 1,000’s looking to buy or sell their business.
Current Businesses for sale:
Adult Day Care – Metro #10305
$1,450,000 Price for business
Multiple location business with room to grow. Serving several ethnic populations with above and beyond services and amenities. Perfect for owner operators to be as involved as they choose to be in daily activities, administration, marketing, etc. Excellent staff in place.
North Minneapolis / Bryn Mawr #10483 and #10484
136 and 140 Cedar Lake Road North
$500,000 Price for both properties
Multi- unit residential. One property is 7 units and the other is 5 units. They sit adjacent to each other. Current monthly rents are $7000-$8500 combined. Each property has some shared bathrooms and kitchens with some units having dedicated space. Large lots.
Call us to discuss available businesses, let us know what you are looking for, we can help you grow in 2016!