Scarborough,
ME – NAI Norwood Group is pleased to announce the sale of Mac’s Deli and
catering business. Pam Lynch of NAI Norwood Group represented the seller. The
business sold for $55,000 on June 23, 2014 according to the Registry of Deeds.
The sale did not include any real estate. Mac’s Deli is leasing space in the
Scarborough Plaza.
“Mac's Deli is a well-established
sandwich shop and catering business specializing in fresh, homemade food. The
location was fully equipped making it a turnkey opportunity for the right buyer,”
said Pam Lynch. Pam has 27 years of experience selling businesses and
commercial real estate in Maine & NH.
NAI Norwood
Group is an affiliate of NAI Global, the world’s leading managed network of
independently owned commercial real estate brokerage firms. Through this network of 355 offices in 55
countries, NAI Norwood Group is able to leverage their 45+ years of dedicated
local experience around the world. With our extensive background and strong
local contacts, we are able to assist individual corporations in negotiating
leases, sales, business brokerage, investments, relocation, site selection and
development. For more information please visit www.nainorwoodgroup.com. Or
contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000
or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.
March 2011
So you have made the decision to become an entrepreneur. Starting a business is no easy task. If you are serious about operating your own business, you might want to consider minimizing some of the anguish and pain associated with startups by purchasing an established business.
Since many experts have predicted that a significant percentage of the workforce will be working in a self-employment capacity in the next decade, business ownership is becoming increasingly more important to many people.
For a financing perspective, you'll have a much easier time securing capital from lenders by taking over an established business, than starting one from scratch. Not to mention, you’ll dramatically minimize the financial risk to yourself and your finance partners because the company will have proven revenue and a customer base. Many lenders will fund 50% to 75% of the acquisition cost for businesses depending on a number of factors such as the cash flow numbers, assets and security available.
Buying an existing business will dramatically reduce the risk when compared with start-ups since statistics estimate that 60% of start-up businesses fail within the first three years. Additionally it takes two years on average for a start-up to become profitable. Your chances of success are still clearly best when you buy an existing business.
Written by Pierre Elie @ NAI Norwood Group
Contact Pierre at pelie@nainorwoodgroup.com or in the Portsmouth office.
Contact us at:
116 South River Road
Bedford, NH 03110
(603) 668-7000
or
100 Market Street Suite 200
Portsmouth, NH 03801
(603) 431-3001
or visit us at http://www.nainorwoodgroup.com/
