I prospected the Seller over 36-years ago on Long Island fishing for a seller; the time was not right for him. I suggested he keep my card, I told him someday you will want to sell. He kept my business card thankfully, and the day did come to sell on June 26, 2019. We entered into an engagement agreement and had a qualified buyer on August 9, 2019, a signed Letter of Intent on August 21, 2019 and closed the transaction on September 26, 2019. This was a cash a closing transition. This is a wholesale printing business which grossed $2.3 million in 2018. This was all done remotely, and never personally meet the buyer or seller and did not attend the closing.
#sell my company #sell my business #business broker #M&A