New Hampshire Business Sales announces the sale of a

Bedford landmark. Bedford Fields, an eighteen year old

Bedford, New Hampshire business changed hands on May 18, from the Munson family, to the Zeolie family. New owner Bill Zeolie stated “I look forward to working with the experienced staff and adding to our merchandise and service offerings and continuing to fill southern

New Hampshire’s outdoor needs with local knowledge and service.” Intermediary Ken Schaefer of New Hampshire Business Sales represented the Munson family and assisted the buyer in the transaction and financing was arranged by Kevin Finke of Centrix Bank.             Bedford Fields sells all home and garden needs, including outdoor plants, garden needs, patio furniture, grills and accessories, indoor plants, farm and pet supplies, as well as home decor and giftware.

            New Hampshire Business Sales is pleased to announce the sale of Z-Mart Convenience Store in

Newmarket to Jay Ucar and Dolly Moser of Middleton, MA. They plan to continue the warm and friendly service Z-Mart’s customers already enjoy. They will be developing the store’s product lines further by introducing a full line of fresh made luncheon and deli products and by having low-cost, unbranded fuel. They also plan to offer some specialty food items that reflect their Turkish heritage. 

            The seller, Toufic Farhat, was represented by, NH Business Sales Associate Broker, Ed Settino. The buyers were represented by Arthur Pappas of Prudential Verani Realty. 

MEREDITH – Journal of the Print World, a specialty publication devoted to contemporary and antique works of fine art on paper, will remain published by residents of New Hampshire under a deal negotiated by New Hampshire Business Sales, Inc. Owned and operated for many years by Sophia and Charles Lane of Meredith, the Journal has been purchased and will now remain in operation under the direction of Consilience Consulting, a software and book publishing company based in Gilmanton.  Rebecca and Robert Ronstadt, the new owners, intend to maintain the rich tradition of the specialty publication with an international subscriber and distribution list. The Journal serves the interests of art collectors, galleries and museums around the world.Becky brings a wealth of experience in art, including print making.  An accomplished artist, her prints have won awards from the Currier Museum and other organizations. She also has an extensive background in business, including book and software publishing.  Robert has had an impressive career as a college professor and administrator.  He has written many books and articles on the high cost of a college education, his latest book being 14 Rules for Becoming a Smart College Shopper, available at www.consilienceconsulting.com .  His publishing experience extends back to the sixties when, as a young Peace Corps Volunteer, he helped to create small town newspapers in several Peruvian towns. The operation has been relocated from Meredith to a new office in Gilmanton.The Journal, a quarterly, has a loyal readership that extends across the United States and overseas to Europe. It contains articles, illustrations and advertising about etchings, lithographs, engravings, woodcuts, serigraphs, dry points, aquatints, linocuts, mezzotints, watercolors and photography.The operation was based for many years at the gallery operated by Charles and Sophia Lane in Meredith known as The Old Print Barn. Charles Lane, the long time publisher, died last fall. His wife, Sophia, intends to focus her efforts going forward on the gallery.In addition to the Journal of the Print World, the transaction included a second niche publication Summer World and the publisher’s Web site, www.journaloftheprintworld.com .  Summer World caters to the interests of visitors to the Lakes Region and is published annually.In a letter to advertisers and subscribers, Sophia Lane praised the new owners as people with a passion and commitment for the product that she is pleased to see as the new owners.“It gives me great pleasure to introduce Becky and Robert Ronstadt, the new owners of the Journal of the Print World,” said Sophia Lane in her note.  “After 32 years of continuous operation, I feared that the Journal would be discontinued. Fortunately, Becky and Robert have stepped up and agreed to assume responsibility for the paper’s future operation and I think you will agree with me that they are a wonderful choice.” John Howe, director of Business Transition Strategies, a division of New Hampshire Business Sales, Inc., served as intermediary for the transaction, which was completed March 5.“It is great to see a New Hampshire-based business stay based in New Hampshire even though it could have – and might have – been published almost anywhere,” said Howe. “And most of all, it is great to find a new owner with passion for the business who can carry on and build upon the fine work done by the Lanes through the years.”

The future looks bright for the former Blink Bonnie building located on Route 25 in Moultonborough. Originally built as the Red Hill Restaurant in the 1930’s by Harry Richardson, it reportedly became Benson’s Steak House in the 1960’s, before eventually becoming a residence and a Celtic Retail Shop in the mid-seventies under the ownership of Tom & Betty Brown. The business has passed into history, while the property was recently purchased by the Roundabout Now, LLC, of Moultonborough.Plans are underway for the renovation and rehabilitation of the building, retaining its unique architectural style and features, with two residential apartments on the 2^nd floor and leased commercial space(s) on the 1^st floor. The work will begin soon in anticipation of providing opportunities for new businesses to take advantage of the visible location on a highly traveled highway.Mike LaPierre, an Associate with New Hampshire Business Sales, Inc., brokered the sale of the property and is coordinating leasing activities. Any leasing inquiries should be directed to Mike at 603-279-5561.

Restaurateurs Bob & Tricia Bourque have opened yet another fine eating establishment known as The Bob House and Reel ’n Pub after their recent purchase/conversion of the former Grille 25 Restaurant on Route 25 in Moultonborough from Jim and Barbara Goren. With their past experience of restaurants owned in Franklin and Plymouth, the Bourques and their son, have come to the north end of

Lake Winnipesaukee to present “The Bob House & Reel n’ Pub”. The fare is family oriented with a wide variety of affordable appetizers, soups, salads, a variety of dinner entrees, flatbread pizzas and interesting specials. The dining room décor is warm, intimate, inviting and includes a centrally placed aquarium for visual appeal. The Bourques invite everyone to stop in and get acquainted. If you wish, call ahead for and estimated waiting time for seating at 603-253-1025.Mike LaPierre and Ivor Thomas, Associates at New Hampshire Business Sales, Inc., assisted the Goren’s in the sale of the restaurant and Pam Cariello of Century 21-Lakes Region Realty assisted the Bourques.

Atkinson Village Store, long a fixture on

Main Street

, has been sold by New Hampshire Business Sales.  The new owner is Harry Haefner, who plans to build upon the popularity of the business.  Ken Schaefer and Leon Parker of New Hampshire Business Sales represented the seller and assisted the buyer in the transaction. 

Mr Haefner will be working, with the former owner’s assistance, to add ice cream in the future. He also expects to continue carrying plants and baskets, and be involved in the community.

The Scothornes of Holderness have purchased the landmark Riverside Dairy Joy on Routes 3/25 in

Ashland from the Gorens of Meredith. The business, having been operated for decades, will soon be known as Riverside Dip-Z-Doodle, reflecting the original name given by the first owner back in 1960.The Scothornes are very excited and proud to be the new stewards of the business’s evolution and growth.  They plan to continue providing the time proven friendly atmosphere, quality food/ice cream products and personal service that locally-owned business owners can provide. They are open for business and looking forward to serving their customers with a smile.                              Ivor Thomas, CBI, New Hampshire Business Sales, Inc. Co-Owner, and Mike LaPierre, NHBS Associate, represented the Sellers and assisted the Buyers in the transaction.

Once in awhile we get to put together two businesses for a resulting much stronger operation.

We recently brokered the sale of the Independent Color Press, on Moultonville Road, Center Ossipee, NH, by Ernie and Marge Carter to Jim Graves and Marlene Crowder of Rochester Printing, LLC, in Rochester, NH. Ernie and Marge have been providing quality commercial printing to customers from the Mt. Washington Valley to the Lakes Region and southern NH for many years.

Jim and Marlene, who also own TKO Printing in Rochester, are looking forward to providing the same great service to the customers of ICP that the Carter’s did. Now with two locations, they can build upon their customer bases and expand their coverage. They are expecting to benefit greatly from the synergy resulting from the combination.

The sellers were represented by our Associates Stan Evans and Richard Corbyn. CIT Small Business Lending, represented by Beth Cleary, provided the financing and Attorney Stephen Hyde of Portsmouth handled the closing.

During a combination like this our Associates have to be very careful about managing confidential information. However this kind of transaction frequently represents the best opportunity sellers have to make a deal, and often results in higher sales prices, because of the increased value of a business to a strategic buyer.

       KEENE:  Park Avenue Deli & Market, long a fixture on Keene’s west side, has been sold .  The new owners are Brian and Karen Cagney of Mont Vernon, NH, who plan to build upon the popularity of the business.  “We are very excited to take over ownership of a business that has served generations of

Keene residents,” says Brian Cagney.  “Karen and I plan to continue offering and improving upon all the items and services that bring so many people through our doors.”

     The Park Avenue Deli & Market  has been in business at 30 Park Avenue in Keene for many years, formerly as Pare’s Market, and then for many years as McLay’s Market.  The Cagneys used to buy sandwiches at the market years ago when they lived in the area.  They will be continuing the business with the same departments and staff, and look forward to renewing their connections with the area and providing excellent service and value to the residents and businesses in the area.  In addition to the normal range of convenience store items, the market does a robust meat and deli business, and provides catered lunch items for businesses and parties in the area.

               

We recently brokered the sale of Popeye’s Variety Store in Conway from Bruce Frechette to Bryan Dries and Edward Kugler.

Other than one other owner, this popular, local convenience store with gas, has been in the Frechette family for many years. For the last five years, Bruce Frechette has carried on the family connection to this store serving the local population as well as the heavy tourist traffic that brings in business.

 

The new owners, Bryan Dries and Ed Kugler look forward to providing the same level of service that customers have come to expect in what will now be called Conway Variety.