Q4 2024 V-AID Newsletter
Articles in this new issue are about Small Business Confidence Grows with Hopes Set on Election Outcome, Dealmaking Activity Grows, Buyers Pay Higher Prices for Retail and Service Businesses, and Seller Financing on the Rise, Rate Cuts Not Changing Buyers’ and Sellers’ Timelines.
The V-AID Monthly Newsletter was created to provide the latest news, updates, and insights to buyers and sellers for small businesses in Main Street (values $0-$2MM) and the lower middle market (values $2MM-$50MM).
V-AID Business Investment Advises BP & Sons LLC on Sale of Centre Cleaners and Finest Cleaners to House of Saenz Investments, LLC
Fort Worth – V-AID Business Investment is pleased to announce the sale of Centre Cleaners and Finest Cleaners to House of Saenz Investments, LLC. The dry cleaning plant is located in southwest Fort Worth within a 2875 sq. ft. facility in a busy retail center anchored by a national retailer along with several other food and local retail establishments that attract heavy foot traffic to the immediate area. Meanwhile, the pickup station, strategically located on the northeast side of Fort Worth, occupies a 1,300 sq. ft. facility located along a retail strip near several apartments, single-family homes, medical offices, and retailers. The address is 4620 Bryant Irvin Rd #554 Fort Worth, Texas 76132 and 3349 Western Center Blvd # 141 Fort Worth, Texas 76137.
The dry cleaning plant in southwest Fort Worth was established in the 1980s, while the pickup station in northeast Fort Worth was established in 2007. Both stores were acquired by the current owner in 2014. Primarily white-collar professionals, retirees, business owners, and city visitors. The business has many regulars that utilize the services of these establishments.
Moon Kim with V-AID Business Investment, as an exclusive business broker for Centre Cleaners and Finest Cleaners, provided sell-side advisory services for BP & Sons LLC from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor that assists the business owner in selling their business for the maximum value while finding the right buyer who can continue to grow the business.
“I have successfully facilitated the sale of a long-established, multi-unit dry cleaning business with strong growth potential. The plant, newly expanded less than four years ago, positioned the business for scalability. Despite challenges in the financing phase, our expertise and creative deal structuring ensured a seamless transaction and a successful outcome for all parties involved,” said Moon Kim, Managing Director for V-AID Business Investment in Dallas.
About V-AID
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 660 transactions totaling over 158 Million Dollars and continuing.
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V-AID Business Investment Advises Marsh TJL, LLC on Sale of Ocean Wash & Dry to 1117, LLC
Denton – V-AID Business Investment is pleased to announce the sale of Ocean Wash & Dry to 1117, LLC. Ocean Wash & Dry is Strategically located next to a major roadway with a university nearby, this laundromat benefits from high visibility and ease of access. The business occupies a standalone facility that is surrounded by multiple small businesses, apartment complexes, hotels, and single-family homes. The address is 1117 Dallas Dr, Denton, Texas 76205.
Ocean Wash & Dry was the current owner built out the laundromat in 2020. The primary customer demographic consists of Hispanic and African American individuals, families and college students with low to middle-income levels.
Joseph Kim with V-AID Business Investment, as an exclusive business broker for Ocean Wash & Dry, provided sell-side advisory services for Marsh TJL, LLC from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor that assists the business owner in selling their business for the maximum value while finding the right buyer who can continue to grow the business.
“The buyer is an entrepreneur by heart who has been a business owner since a very young age. The addition of this laundromat will greatly expand the buyer’s investment portfolio and help achieve his goal of being a multi-unit operator of laundromats. The seller built this incredible laundromat from scratch without any prior experience and was able to truly maximize the value of his business at the time of his exit. There were many obstacles during the deal process but with all parties having an open mind, transparency and keeping the communication line open, we were able to create a win – win situation. The seller can now retire in peace and spend more time with his grandchildren,” said Joseph Kim, Associate Business Intermediary for V-AID Business Investment in Dallas.
About V-AID
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 659 transactions totaling over 158 Million Dollars and continuing.
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V-AID Business Investment Advises Garcia Mercado Investments LLC on Sale of Woof Gang Bakery & Grooming Plano to Mascotas LLC
Dallas – V-AID Business Investment is pleased to announce the sale of Woof Gang Bakery & Grooming Plano to Mascotas LLC. Woof Gang Bakery & Grooming Plano is favorable, within a prominent north Dallas market area anchored by a national grocery store, popular retail, a commercial gym, and food and beverage establishments that attract a high volume of foot traffic to the immediate area. The facility is 1,666 sq. ft., with areas of the store that could be repurposed to enhance services. The address is 18208 Preston Rd Dallas, Texas, 75252.
Woof Gang Bakery & Grooming Plano was established in 2013 and revitalized under the current ownership in 2020. Revenue grew by 28 percentage in 2020, and 11 percentage in 2021. Then, due to health reasons, the current owner began to manage the business remotely, and sales have remained consistent since then. The mixed clientele includes affluent retirees, professionals, and a growing demographic of young adults. Many of the clients are extremely generous tippers.
Kevin Chung with V-AID Business Investment, as an exclusive business broker for Woof Gang Bakery & Grooming Plano, provided sell-side advisory services for Garcia Mercado Investments LLC from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor that assists the business owner in selling their business for the maximum value while finding the right buyer who can continue to grow the business.
“An accomplished entrepreneur known for managing multiple successful salon businesses has recently added an exciting new venture to his portfolio. This time, he’s venturing into pet grooming, with a focus on cutting hair for dogs!
The latest acquisition is a well-established franchise pet grooming shop. Previously owned by an entrepreneur who created a streamlined system, the business was designed to run smoothly without needing daily oversight. Recognizing a prime opportunity, the buyer—already familiar with the salon industry—seized the chance to take ownership of this well-managed and efficient business.
The support and structure provided by the franchise made the transition seamless, and both parties were on the same page from their first meeting to closing day. With strong business acumen on both sides, the process went smoothly, ensuring a win-win for everyone involved.
The timing worked perfectly, as the seller needed to relocate to her home country, making this an ideal exit strategy for her. Both the buyer and seller expressed satisfaction with the entire transaction process, highlighting the smooth, professional experience they shared.” said Kevin Chung, CBI, VP of Business Brokerage for V-AID Business Investment in Dallas.
About V-AID
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 656 transactions totaling over 155 Million Dollars and continuing.
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V-AID Business Investment Advises New Frogg, LLC. on Sale of Frogg Coffee Bar & Creperie to Frogg Coffee Bar, LLC.
Allen– V-AID Business Investment is pleased to announce the sale of Frogg Coffee Bar & Creperie to Frogg Coffee Bar, LLC. Frogg Coffee Bar & Creperie is located in a high-end open mall in North Dallas, attracting significant foot traffic. The charming facility spans 1,699 sq. ft. and offers ample outdoor seating. Positioned at the end cap of the retail strip, it enjoys high visibility from the roadway. All equipment is in great condition with minor wear and tear. The address is 832 Watters Creek Blvd Allen, Texas 75013.
Frogg Coffee Bar & Creperie was established in 2012 and acquired by the current owners in 2013. Under their management, the business has achieved consistent sales growth year after year, except for the setback caused by the COVID-19 pandemic. The business survived, and sales have since recovered and continued to grow steadily. The customer base mainly consists of upper-class women, with approximately 25% falling between the ages of 18 and 30.
Stephen Lee with V-AID Business Investment, as an exclusive business broker for Frogg Coffee Bar & Creperie, provided sell-side advisory services for New Frogg, LLC. from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor that assists the business owner in selling their business for the maximum value while finding the right buyer who can continue to grow the business.
“A high-end Coffee shop in the heart of North Dallas has been sold. This business has great foundation and is a staple within the local community. With the new owners planning on proactive growth and transforming this business to the potential that it deserves, this business is now poised to grow rapidly.” said Stephen Lee, Senior Business Intermediary for V-AID Business Investment in Dallas.
About V-AID
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 656 transactions totaling over 155 Million Dollars and continuing.
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