Invest in Your Future, Become a Small Business Owner! OR, as an owner, perhaps you’re thinking of selling. We can assist you in developing an exit strategy.

Attend our seminar and learn how businesses are analyzed, valued, marketed, and how sales are negotiated and financed. These seminars are being held at various venues around the state. We’ve already have several which have been well received. The next one is scheduled for October 8th at the EF Lane Hotel in Keene from 6-8PM. The last seminar of 2009 will be on October 29 at Franklin Savings Bank in Franklin from 6-8PM. Seminar is at no cost, but advance reservations are requested. To register, or for more information, contact us at 603-279-5561 or by e-mail at nhbs@nhbizsales.com .

After my note to my Associates yesterday about it being the time to act now one of them, John Howe, wrote the following:

 

“Are you open to opportunity?

 

This is a great time to get going on your business dreams, particularly if they involve living in New Hampshire.

 

Our company president Leon Parker issued a memo with several excellent reasons why buyers should act now.

 

Opportunities come and go. Some see them and act on them. Others, ignore or miss them. Visible to you or not, the chance to be successful is there.

 

A few years ago a business man drove along a barren stretch of highway in Tilton, N.H. Off on the side was a little For Sale sign. Across the road was a large line of paving equipment vehicles. Ahead was a simple highway interchange.

 

Long story shortened, the end result was the first of what would become one of many developments that has turned the Exit 20 area of Interstate 93 into one of the busiest retail and business centers in New Hampshire. I have been told that a gasoline station operated by a large chain in that area consistently reports some of the biggest daily sales in the state from that location.

 

Someone saw an opportunity, not just open land.

 

Several recent news developments add fuel to the notion that now is a good time for business, and that New Hampshire is a great place to be. One is the fact New Hampshire remains among the top ten for business tax climates in the nation. The other is the fact housing costs in New Hampshire remain affordable compared to other New England states.

 

Keep your eyes open. Check out our listings and think what you could do if you were in charge.”

 

 

 

Our Associates are located all over the state (and Maine and Vermont).  Here is a copy of a message I just Emailed to them:

“I was visiting a local banker this week.  He asked me, “When are you going to bring me some good deals to finance?”   I realized this was third banker in as many weeks who asked me the same question.    With the banks saying “bring ‘em on” and the economy on the upswing, could there be a better time to buy a business?  Consider:

ü  Interest rates are as low as you are apt to see them for a long time.

ü  The SBA guarantee fees, which can be substantial, are being waived until the end of the year.

üBusinesses that survived the downturn are the ones you want.

ü  Prices are low but will be rising as the economy improves.

Give this message to all your customers - Want a business with good cash flow?  Here is a partial list of our businesses for sale that have Seller Discretionary Earnings (SDE) of more than $100,000: Ø  North Country feed store, $475,000:  SDE $107,000

Ø  Southern NH auto repair/lube shop, $300,000:  SDE $140,000 Ø  7-11 store, $458,000:  SDE $131,000

Ø  Seacoast c-store, $850,000 including real estate:  SDE $106,000

Ø  Lakes Region inn, $575,000 including real estate:  SDE $116,000

Ø  Southern NH c-store, $949,000 including real estate:  SDE $187,000

Ø  Mass border c-store, $1,375,000 including real estate:  SDE $284,000   My message: “It’s time to act!”  Tell customers to look at all the businesses we have for sale at www.nhbizsales.com. Sincerely,Leon Parker, CBIPrincipal Broker”

§  Happiness is owning a business
A new Gallup-Healthways Well-Being Index rates business owners as the happiest workers in America, followed by professionals and executives. Well-being is measured by how respondents answered questions about how they feel about such things as their work environment, physical health, emotional satisfaction, and access to food, shelter and health care. Google/The Associated Press (9/22)

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.