Q2 2024 V-AID Newsletter
Articles in this new issue are about Buyers Pay Premium for Profitable Restaurants as Sale Prices Jump 9%, Sellers Unload Distressed Retail and Manufacturing Businesses at Reduced Prices, 70% of Small Business Owners Say Inflation Not Easing, Labor Costs Weigh Heavy, and 2024 Market Outlook.
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 Ghazi, LLC. on Sale of 1st Wash & Dry to Vortex Wash Corp.
Dallas – V-AID Business Investment is pleased to announce the sale of 1st Wash & Dry to Vortex Wash Corp. 1st Wash & Dry is located within a retail strip center, the business occupies a 3,040 sq. ft. facility that contains well-maintained machines. The area is suitable for a coin laundromat and offers a generous amount of available parking space to allow ease of access. The address is 8786 Ferguson Rd #137 Dallas, Texas 75228.
1st Wash & Dry was established in 2004 and acquired in 2023 by the current owner. The customer base is predominately Hispanic or African American in the low to middle-income range, from the local neighborhoods and apartments.
Stephen Lee with V-AID Business Investment, as an exclusive business broker for 1st Wash & Dry, provided sell-side advisory services for Ghazi, 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 timeless coin laundry that has been situated in the local area is now under new ownership ready to tackle the market with fresh new energy. This business has been established for two decades and now with the new owner, will be fully revitalized for the local community.” said Stephen Lee, CBI, 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 640 transactions totaling over 150 Million Dollars and continuing.
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V-AID Business Investment Advises H&Q JIANGSU INC. on Sale of Rice & Noodle to Lumo Litty LLC
McKinney – V-AID Business Investment is pleased to announce the sale of Rice & Noodle to Lumo Litty LLC. Rice & Noodle operates in a 2,632 SF space inside a retail strip center situated next to one of the country’s largest national retailers, bringing in tremendous foot traffic. The supercenter also has a very efficient mix of retailers that serve the demographics suited for this business in an area heavily surrounded by single-family homes in all directions. The address 1521 N. Custer Rd. Ste 2600, McKinney, Texas 75071.
Rice & Noodle This opened in 2017, quickly growing in popularity and sales even throughout the pandemic. The customer base consists of a good mix of all demographics, but the majority are Caucasian individuals and families with mid to upper-income levels. Many are regular customers, and the customer base continues to increase as the surrounding city continues to develop at a rapid pace.
Kevin Chung with V-AID Business Investment, as an exclusive business broker for Rice & Noodle, provided sell-side advisory services for H&Q JIANGSU INC. 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.
“In a heartwarming turn of events, a beloved fast-casual Chinese eatery, known for its seamless operations and delicious fare, found itself in the caring hands of a young, driven entrepreneur eager to broaden their horizons. With two successful ventures already under their belt, this spirited buyer saw an opportunity to expand their repertoire and embraced it wholeheartedly.
The restaurant’s seasoned owner, a revered figure in the culinary world with a history of successful ventures, had meticulously laid the groundwork for prosperity: a skilled team, a curated menu, and a streamlined operation. Their dedication bore fruit, as evidenced by the steady growth in revenue over the seven years of operation, catching the eye and imagination of the eager buyer.
Remarkably, fate seemed to intervene, as the buyer and seller discovered they shared not only a nationality but also a surname. From their very first meeting, a special bond formed between them, fostering a sense of kinship and mutual respect.
Now, as the seller gracefully steps into retirement, ready to bask in the warmth of family bonds, the buyer eagerly embraces the legacy left behind. With gratitude and determination, they are poised to nurture the seeds of success planted by the previous owner, ensuring the continued flourishing of this cherished establishment.” 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 635 transactions totaling over 146 Million Dollars and continuing.
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V-AID Business Investment Advises Diamond Kean DFW LLC and Diamond Kean Learning LLC on Sale of 6-Location Sylvan Learning Centers to TWENTY SIX THIRTY LLC.
Dallas, Cedar Hill, Arlington, Irving, Southlake, and Waco – V-AID Business Investment is pleased to announce the sale of 6-Location Sylvan Learning Centers to TWENTY SIX THIRTY LLC. The franchise businesses have been established in locations that are ideal for success, with many schools and affluent neighborhoods nearby. All of the facilities are well-maintained and operational, ensuring a high level of customer satisfaction. The strategic placement of these businesses provides a great opportunity to capitalize on the surrounding local market.
The address is 10455 N Central Expy Ste 111, Dallas, Texas 75230, 415 E Pleasant Run Rd Ste 125, Cedar Hill, Texas 75104, 6501 S Cooper St #141, Arlington, Texas 76001, 8787 N MacArthur Blvd #140, Irving, Texas 75063, 601 E Southlake Blvd #200, Southlake, Texas 76092 and 15150 Badger Ranch Blvd Ste 202, Waco, Texas 76712
The owner began acquiring these franchise learning centers in early 2018. All locations have been established for over 15 years and have only grown consistently since being acquired by the current ownership. Wide customer demographic, families are offered budget-friendly payment options to fit their income level.
Moon Kim with V-AID Business Investment, as an exclusive business broker for 6-Location Sylvan Learning Centers, provided sell-side advisory services for Diamond Kean DFW LLC and Diamond Kean Learning 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.
“Sylvan is an industry-leading franchise in the youth enrichment and childhood education sector that continues to experience significant growth post-COVID. I am thrilled to have 6 locations of well-run sylvan learning centers acquired by a sophisticated entrepreneur who is well-positioned for continued growth through the acquisition of a multi-unit franchised business.” 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 635 transactions totaling over 146 Million Dollars and continuing.
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V-AID Business Investment Advises Yool Enterprises, Corp. on Sale of Hippo Beverage to Anuvya Enterprise Inc.
Richardson – V-AID Business Investment is pleased to announce the sale of Hippo Beverage to Anuvya Enterprise Inc. Hippo Beverage occupies a 2,014 SF free-standing building located at the intersection of two busy roads that bring lots of daily commuter traffic. Heavily surrounded by apartments, townhomes, single-family homes, and other businesses that bring ample foot traffic. All of the equipment is in excellent condition. The address is 1310 W. Spring Valley Rd, Richardson, Texas 75080.
Hippo Beverage was originally established in the 1970s by the first owner before the current owner acquired it in 2011. The primary customer base is daily commuters, and lower-income individuals from the local area, mostly Hispanics.
Kevin Chung with V-AID Business Investment, as an exclusive business broker for Hippo Beverage, provided sell-side advisory services for Yool Enterprises, Corp. 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.
“After thriving in the corporate world for over two decades, this buyer was ready to chart his own course as an entrepreneur. With unwavering determination, he seized a rare opportunity in the market. The seller, a seasoned proprietor of 15+ years, had cultivated a loyal customer base and nurtured strong relationships with each one. Determined not to entrust his legacy to just anyone, the seller sought a buyer who embodied the essence of the business.
Enter the buyer – a perfect fit with a blend of qualifications, youth, ambition, and boundless enthusiasm. Recognizing the potential in the buyer, the seller confidently passed the torch, knowing the business was in capable hands. Building upon the seller’s established success, the buyer embarked on a new journey, fortified by a solid foundation and unwavering support. With determination and the seller’s guidance, the buyer’s venture promises to soar to new heights. Together, they’ve woven a tale of success that will continue to inspire for years to come.” 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 635 transactions totaling over 146 Million Dollars and continuing.
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