29 Jul The Deal Board Podcast: 10 Reasons Why Now Is a Great Time to Sell
Andy and Jessica welcome you to another episode of The Deal Board Podcast; this time, they are sharing the 10 reasons why this is a great year to sell in a market that has never been seen before. They are accompanied by Peter Lehrman, sharing his pulse on the M&A market. Peter is the CEO of AXIAL, which is an M&A portal that helps buyers and sellers make deals, and is a great partner of Transworld Business Advisors. Listing of the week: Sam Curcio (New York) is selling a clothing retailer with three locations that offer a green solution to clothes shopping, which is the vintage and second-hand market. They do 20% of their sales online, which can be expanded. Total sales: Over $3.5 million. SDE: Over $1.6 million. Asking Price: $8 million with a downpayment of $6.5 million. The business is prequalified by two SBA lenders. It comes with $225,000 worth in inventory. This business has been working for the last 10 years. Call Sam Curcio at (646)470-9433 or email scurcio@tworld.com.
