BizNet VENTURES
BizNet VENTURES
Business Brokerage and Consulting Co.
Business Brokerage and Consulting Co.
Broker's Insights
“Direct access to Broker’s disclosable internal notes might illustrate you on the dynamics of transactions structuraly similar to those that may fit your business model”
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Business : Medical Practice Broward County
Price: Undisclosed
Sellers profile : Dr. Richards MD, a Jamaican-American Family Medicine Practitioner running her own clinic for over 20 years and needing to retire due to changes in Health Care System and increasing costs of running Business operations.
Buyer’s profile: Privately Traded Co. going public (IPO) and growing by Adquisitions
Transaction: this deal tested our team’s executive skills, a highly complex deal to structure and close, typical of Health Care transactions, team work pulled it out.
Duration : 3 months
Result: After closing Dr Richards Stayed part time with Buyer for (1 year training period ) and happily semi retired enjoying a well deserved Golden Parachute Benefits package after 40 years of serving her community and anyone who needed help here at home and around the world (healing ❤️🩹 missions in Africa ) A classic case of “ good things happen to good people.
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Business: Franchise Carvell Icecream Shop (since 1970s) located Across the street from iconic Hialeah Senior High School in Hialeah FL
Price: Undisclosed
Client profile: Mr Khan🇵🇰 Pakistani- American in his mid 80s a man of god and a gentleman. Used to own several other Icecream shops and needed to retire ASAP
Transaction: Complicated by the fact that the shop was outdated and not up to operational standards to pass franchisor’s requirements and inspections needed to transfer ownership and get Buyer approved as the new owner.
Duration: 3 months which felt like 3 years because of Mr Khan’s age was a big factor, so the whole team had to go on over drive to be able to close it in a timely manner for Mr Khan.
Results: Mr K happily retired after running that ice cream shop and several others for over 50 years and passed the torch “in style “ allowing a young Immigrant family (buyers) access to the American dream 🇺🇸 They bought the business to apply for the E-2 investors Visa program.
Business: Franchise Carvell Icecream Shop (since 1970s) located Across the street from iconic Hialeah Senior High School in Hialeah FL
Price: Undisclosed
Seller's profile: Mr Khan Pakistani- American in his mid 80s a man of god and a gentleman. Used to own several other Icecream shops and needed to retire ASAP
Transaction: Complicated by the fact that the shop was outdated and not up to operational standards to pass franchisor’s requirements and inspections needed to transfer ownership and get Buyer approved as the new owner.
Duration: 3 months which felt like 3 years because of Mr Khan’s age was a big factor, so the whole team had to go on over drive to be able to close it in a timely manner for Mr Khan.
Results: Mr K happily retired after running that ice cream shop and several others for over 50 years and passed the torch “in style “ allowing a young Immigrant family (buyers) access to the American dream 🇺🇸 They bought the business to apply for the E-2 investors Visa program.