V-AID Business Investment Advises JMJ Foods LLC on Sale of Jimmy’s Big Burger to YJJHA LLC
Lake Worth – V-AID Business Investment is pleased to announce the sale of Jimmy’s Big Burger to YJJHA LLC. Jimmy’s Big Burger is located in an 1,839 sq ft of space in a retail shopping center, anchored by a prominent national grocery store and surrounded by many national retailer chains that bring immense traffic to the shopping center. The address is 6334 Lake Worth Blvd, Lake Worth, Texas 76135.
Jimmy’s Big Burger was established in 2012 and acquired by the current owner in 2018. This burger restaurant has built a great customer base over the last 11 years consisting of mostly mid to upper mid-income individuals and families. The restaurant has been innovating new burgers, which has won them an award and attracted new customers who have become loyal fans and continue bringing new fans.
Joseph Kim with V-AID Business Investment, as an exclusive business broker for Jimmy’s Big Burger, provided sell-side advisory services for JMJ Foods 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.
“This transaction truly highlights the services provided by a business broker from V-AID Group. When the seller first contacted us thinking about selling his business he was asking for more than the current valuation at the time. However he was experiencing large growth from his effective marketing efforts and loyal customers that he had built. We revalued his business with growth projections and advised we would be able to sell his business for his asking price if he was able to meet the growth projections. The seller was able to deliver on the projections and we were able to sell the business valued at the growth projections. There were also many trials that had to be overcome for this transaction but we were able to advise and provide solutions to bring this deal to closing. The seller plans on helping the buyer with a smooth transition to continue on the success of the business and plans to be with his family afterwards. The buyer is very excited to take over such a successful business and eager to start his new chapter in life.” 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 630 transactions totaling over 144 Million Dollars and continuing.