Listed by Kathy DeVries and Shelby Reno, this generational agribusiness enterprise sold in less than 80 days. Using a variety of comps to determine a value for the acreage, the residence, outbuildings, and enterprise value, DeVries and Reno presented the sellers with a probable selling price and rationale when the sellers were contemplating the sale of the business. The buyer recognized the positive physical attributes of the site that include the preferred USDA hardiness zone, soil type, agricultural zoning, and water table. Operational characteristics included high-yielding mature and future-yielding young plant material, permanent irrigation, wells, and outbuildings. The sale also included a practical mix of specialized farming machinery, vehicles, and equipment for a truly turn-key opportunity. The buyer intends to continue blueberry wholesale production into the future. The proceeds of the sale of the farm allow the sellers to enjoy full retirement.
Listed by Kathy DeVries and Jason Carpenter, this retail clothing store in downtown Holland, Michigan was thriving. The store’s founder realized she was nearing retirement and wondered how to approach a store manager with an offer to sell. DeVries presented a business valuation and together with the seller crafted a strategy for transition. The manager accepted the proposal and seller and buyer worked out a mutually agreeable transition plan and payment schedule. The quiet transition allowed for minimum disruption to store operations.
Listed by Kathy DeVries and Jason Carpenter, Muriel’s Intimate Apparel has long been a destination retail store along Holland, Michigan’s bustling Eighth Street retail corridor. The store’s founder Muriel Robinson carried an extensive product line in a full range of sizes not found in chain retail outlets. The store also developed a reputation for personalized service that helped to build a loyal customer base and repeat business. The new owners are continuing the store in the same location and making updates, one of which has been the phasing in of a new name for the store. The sale of the business allows Muriel time to pursue new interests and spend more time with family and friends.
In business for more than 40 years, Advanced Hearing Center offers hearing screenings and the fitting, sale, and service of hearing aid devices. Located near beautiful Crystal Lake and Frankfurt MI, this business is the only service center for many miles.
Most Medicare plans now cover hearing aids. This established center is a provider for UAW, MPSERS, and Retired State employees. Up to 80% of the local hearing population have purchased hearing aids from Advanced Hearing Center.
This community is home to many long-term and retired residents in addition to summer visitors. On average about 8800 vehicles per day travel this main thoroughfare. Nearby businesses include restaurants, street retail, a car dealership, grocery, and offices; the downtown area is just a few blocks away.
-Established and profitable -Buyer will need to have or work under someone with a Hearing Aid Dealer license issued by the State of Michigan. -Ideally the buyer would be board certified with the International Hearing Society or is an audiologist with at minimum a Bachelor's Degree. -According to MarkeTrak10, studies indicate that about 1 in 10 individuals have a hearing loss that interferes with their communication (Credit: Powers & Rogin, The Hearing Review, Vol 26 No 8 August 2019.) -A surveys show that 56% of current non-owners of hearing aids would probably or definitely purchase from a hearing care professional rather than buy online. (Credit: Powers & Rogin, The Hearing Review, Vol 26 No 8 August 2019.) Customer experience is key to success -Hearing aid sales increased 3.8% in first half of 2019 according to the Hearing Industries Association, of Washington DC.
