2/21/2014
Stony Hill Business Brokers is pleased to announce the acquisition of HEART Family Software, a software business that provided tools for homeless shelters to manage their clientele, by Taking Care of Business, Inc., a privately held software developer and IT support business. Terms of the deal were not disclosed. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller.
Joel Bechtel, former owner of HFS, said, “My Intermediary at Stony Hill, Paul Visokey, worked exhaustedly to find the right buyer for my company, focusing on strategic buyers. I considered making this decision for three years prior and I was very satisfied with Paul’s attention to detail and his technical knowledge which allowed for a smooth process. It was a pleasure working with Paul and Stony Hill Business Brokers and I'm very happy with the outcome."
John Vuong, CEO of TCB and new owner of HFS said, “Paul at Stony Hill presented this opportunity to me and thoroughly worked through all of the details of the transaction. He did an excellent job of negotiating the best price for his client.”
ABOUT STONY HILL
Stony Hill Business Brokers has offices in Pa, NJ and Delaware. The team at Stony Hill Business Brokers delivers an unparalleled business transaction experience focused on the lower-middle market. With vast experience and a proven track record, Stony Hill is the wise choice for a sound exit strategy or acquisition work. For more info on Stony Hill please call Managing Partner Paul Visokey at 215-543-3508, email at pauln@stonyhillbusinessbrokers.com or visit us at www.stonyhillbusinessbrokers.com.
About TCB
TCB, Inc. was established in 1993 by Engineers and Developers. Headquartered in Chantilly, Virginia TCB provides services to the Internet community as well as computer products and services to the greater Washington, D.C. metropolitan area.
1/7/2014
Stony Hill Business Brokers is pleased to announce the acquisition of SRM Entertainment, a toy manufacturer and marketing company with offices in the Philadelphia area and Hong Kong, by Term Capital, a privately held investment group. Terms of the deal were not disclosed. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller.
Stephen Mickelberg, former owner of SRM said, “My Intermediary at Stony Hill, owner Kevin Freeman, worked exhaustedly to find the right buyer for my company, and allow for my retirement. I gave Kevin some very strict guidelines on goals to be met, aside from price and structure, and Kevin was able to accomplish those with his hard work.”
Chris Ferguson, CEO of Term Capital and new owner of SRM entertainment said, “Kevin at Stony Hill brought me this opportunity and did a fantastic job of working through all of the details of the transaction. We covered every detail efficiently and are very excited about the future of the company.”
ABOUT STONY HILL
Stony Hill Business Brokers has offices in Pa, NJ and Delaware. The team at Stony Hill Business Brokers delivers an unparalleled business transaction experience focused on the lower-middle market. With vast experience and a proven track record, Stony Hill is the wise choice for a sound exit strategy or acquisition work. For more info on Stony Hill please call Managing Partner Kevin Freeman at 215-543-3508, email at kevin@stonyhillbusinessbrokers.com or visit us at www.stonyhillbusinessbrokers.com.
ABOUT SRM
Headquartered in the Philadelphia area with offices in Hong Kong, SRM Entertainment has been a fixture in the entertainment and toy industries. Founded over 30 years ago, The company has a long history of and continues to develop new and innovative products. It has demonstrated a team effort to design new products working cooperatively with clients like Disney, NBC Universal, Wal-Mart, Kmart, Target and many more.
1/5/2014
Stony Hill Business Brokers is pleased to announce the sale of Eatery On Main in North Wales, PA. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller. Stony Hill also handled and hosted the closing and was actively involved in much of the buyer transition.
Eatery On Main offers homemade fare from fresh, local ingredients and outstanding coffee and has served the North Wales community for many years. It is located in a beautiful and historical part of Montgomery County. The new owner hopes to continue with café’s strong reputation as the place to gather.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients.
For more information on this transaction, please contact Eric Gidney at Eric@stonyhillbusinessbrokers.com or 215-543-3508.
More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
12/31/2013
Stony Hill Business Brokers is pleased to announce the sale of Mimo Monitors, a manufacturer of USB Touch Screen Monitors with offices in Princeton, NJ and manufacturing in Asia. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller.
Albert Oh, former owner of Mimo said, “I was referred to Kevin at Stony Hill via a mutual contact and was very pleased with his work eithic and professionalism. Kevin brought me multiple offers and we closed the trasaction very efficiently.”
ABOUT STONY HILL
Stony Hill Business Brokers has offices in Pa, NJ and Delaware. The team at Stony Hill Business Brokers delivers an unparalleled business transaction experience focused on the lower-middle market. With vast experience and a proven track record, Stony Hill is the wise choice for a sound exit strategy or acquisition work. For more info on Stony Hill please call Managing Partner Kevin Freeman at 215-543-3508, email at kevin@stonyhillbusinessbrokers.com or visit us at www.stonyhillbusinessbrokers.com.
ABOUT MIMO MONITORS
Headquartered in Princeton, NJ, with manufacturing in Asia, Mimo is the industry leader in USB-only touch screens. The Company’s proprietary technology innovatively uses USB for both power and connectivity. By focusing on the lowest cost of entry, smallest footprint/size monitor portfolio, the company also occupies a disruptive space in the growing touch monitor landscape. With world Class clients like Yahoo, Dell, Verifone, Google, BAE Systems, Motorola, Gulstream, Hertz, Kiehl’s, TOMTOM and Union Pacific Railroad, Mimo is well positioned for explosive growth.
12/10/2013
Stony Hill Business Brokers is pleased to announce the sale of Fast-Fix Jewelry and Watch Repairs in the Plaza of King of Prussia. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller.
Gwen Lurie, the new owner-operator, said, “I had been looking for the right business opportunity and purchasing an existing business provided an excellent way to hit the ground running with substantial upside potential. ”
Paul Visokey, Managing Partner at Stony Hill Business Brokers, has sold several franchises and represented numerous franchisees, and brought his expertise to this client. For more information on this transaction or how we can help you buy or sell a business, please contact Paul Visokey at
215-543-3508 or Paul@StonyHillBusinessBrokers.com.
About Fast-Fix Jewelry and Watch Repairs
Established in 1985, Fast-Fix has become a recognized industry leader and a trusted brand and consumer choice for Jewelry and Watch Repair Services as well as Custom Jewelry Design and Personalized Engraving Services. Fast-Fix has nearly 200 locations in theUnited States andIreland. Each of their locations is staffed with professionally trained, Expert Jewelers and Watch Technicians that provide the High Quality and Timely Services their customers have grown to respect and appreciate. Fast-Fix is located in the Plaza atKing of Prussia on the upper level between JC Penney and Sears.
12/4/2013
Stony Hill Business Brokers is pleased to announce the sale of Maid Brigade of Central New Jersey. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller.
Ellen Crawford and Jeri Banton, operators-sellers of the territory, said, “Jeri and I started this business 9 years ago as a new franchise territory and grew it into a thriving business, serving over 100 customers and eight employees. It was a second career for us, and we were ready to retire. Stony Hill enabled us to capture the value we built and enter the next phase of our lives.”
Sanders Mishkin, the new owner-operator, said, “I had been looking for the right opportunity and business, and this happened to be a good fit in many ways. Stony Hill and Mike Bankus worked well with me, my lawyers, and accountant, and it was a very smooth closing.”
Mike Bankus, Partner at Stony Hill Business Brokers, has sold several franchises and represented numerous franchisees, and brought his expertise to these clients. For more information on this transaction or how we can help you buy or sell a business, please contact Mike Bankus at
215-543-3508 or Mike@StonyHillBusinessBrokers.com.
ABOUT MAID BRIGADE
Headquartered in Atlanta, Maid Brigade is a Top 100 Franchise (Entrepreneur Magazine) and global house cleaning service with more than 400 franchised service areas operating in the United States and Canada. Established in 1979, Maid Brigade remains at the forefront of the house cleaning industry, commanding a healthy and growing market share every year since its inception. Maid Brigade is the first national house cleaning service to develop its own green cleaning system.
9/17/2013
Stony Hill Business Brokers is pleased to announce the sale of Universal Progressive Therapy of Nutley, New Jersey to a private buyer. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller.
Universal Progressive Therapy has practitioners ranging from Occupational, Physical, and Speech therapists. Special educators and ABA therapists are also an important part of the team. All of the staff are fully licensed and hold degrees from reputable institutions. Most of all, they have a strong passion and understanding of those they help.
Varleisha Gibbs, Founder/President of Universal Progressive Therapy, stated, “We had considered selling the business on our own, but realized we did not have the time and other resources to do so and needed professional guidance. Mike Bankus and Stony Hill brought us several qualified buyers and worked through a few challenges and ultimately brought the sale to completion.”
ABOUT STONY HILL BUSINSESS BROKERS
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Mike Bankus at Mike@StonyHillBusinessBrokers.com or 215-543-3508. More information can be viewed at www.StonyHillBusinessBrokers.com.
ABOUT UNIVERSAL PROGRESSIVE THERAPY
Universal Progressive Therapy, Inc. has been a provider of therapy services in the state of New Jersey since 2003. UPT is a professional therapy agency, with a dedication and commitment to the individuals, families, and the entities serviced. It was started, by therapists to increase the quality of care historically provided in this space. More information can be viewed at http://www.autismuptinc.com
7/24/2013
Stony Hill Business Brokers is pleased to announce the sale of Home Instead Senior Care of Phoenixville, Pennsylvania to JD Arnold Care, who will be the new operator-owner of the franchise territory. Stony Hill Business Brokers initiated this transaction, acted as financial advisor, and negotiated the transaction for the seller.
Home Instead, an Omaha-based franchisor, provides extraordinary in-home senior care and companionship, allowing loved ones to live independently at home. This location primarily serves the surrounding areas of Pottstown, Royersford, Phoenixville, Collegeville, Trooper and Norristown. More information can be found at http://tinyurl.com/Home-Instead-593
James Arnold, president of JD Arnold Care, who will be operating the franchise territory, stated, “Stony Hill was effective in navigating us through the process and added their expertise to finalize the ownership transfer. At Home Instead Senior Care of Phoenixville there is a great team in place; that is, both our Caregivers in the field and our administrative staff. I look forward to working with them to continue to provide the best in-home care to seniors in the area.”
Bob Fanelli, operator-seller of the territory, said, “We have built a great team and momentum in this Home Instead territory, and James Arnold will do a fabulous job of continuing our heritage and providing quality care for many more seniors in the area.”
ABOUT STONY HILL BUSINSESS BROKERS
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Mike Bankus at Miketonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
ABOUT HOME INSTEAD SENIOR CARE®
Founded in 1994 in Omaha, Nebraska by Lori and Paul Hogan, the Home Instead Senior Care® network is the world's largest provider of non-medical in-home care services for seniors, with nearly 1,000 independently owned and operated franchises providing in excess of 45 million hours of care throughout the United States, Canada, Japan, Portugal, Australia, New Zealand, Ireland, the United Kingdom, Taiwan, Switzerland, Germany, South Korea, Finland, Austria, Italy, Puerto Rico, the Netherlands and Mexico. More information on the firm can be viewed at http://tinyurl.com/Home-Instead-Phx
7/16/2013
Valuation expert Michael Bankus, CVA, MBA, with Stony Hill Business Brokers has previously been awarded the prestigious Accredited Valuation Analyst™ (AVA™) credential from the National Association of Certified Valuators and Analysts™ (NACVA®). Effective April 1, 2013, the AVA credential has merged with the Certified Valuation Analyst® (CVA®) credential, and Mr. Bankus will now hold the CVA credential. The CVA credential is granted only to qualified individuals with considerable professional experience in the field of business valuation.
“The CVA designation is an indication to the business, professional, and legal communities that recipients have met NACVA’s rigorous standards of professionalism, expertise, objectivity, and integrity in the field of business valuation, financial consulting, and related consulting disciplines,” stated Parnell Black, MBA, CPA, CVA, Chief Executive Officer of NACVA. “The merger of the AVA and CVA credentials will help unify the membership and the profession and further position NACVA and its members as the worldwide industry leaders in the valuation profession.”
“NACVA’s CVA designation is the only valuation credential accredited by the National Commission for Certifying Agencies® (NCCA®), the accreditation body of the Institute for Credentialing Excellence™ (ICE™),” Black added.
To become accredited by NACVA, the candidate is required to successfully complete an intensive training and testing process. An initial requirement to becoming a CVA is that the applicant either be a licensed Certified Public Accountant (CPA) holding an active, valid, and unrevoked CPA license in his or her state, or hold a business degree and/or an MBA (Masters of Business Administration), or higher business degree, from an accredited college or university. Further, those without a CPA license must have two years or more of full-time or equivalent experience in business valuation and related disciplines. Those who have earned the CVA credential must be recertified every three years in order to maintain their credential.
For more information about Stony Hill Business Brokers business valuation, business brokering, and related consulting services, contact Mike Bankus at 215-543-3508 or via e-mail at
Mike@StonyHillBusinessBrokers.com
— end —
About the NACVA:
Headquartered in Salt Lake City, UT, the National Association of Certified Valuators and Analysts (NACVA) is a global, professional association that delivers training from the nation’s leading experts in consulting fields such as business valuation, financial litigation forensics, expert witnessing, forensic accounting, fraud risk management, mergers and acquisitions, business and intellectual property damages, fair value, healthcare consulting, and exit strategies. Along with its training and certification programs, NACVA offers a range of support services, reference materials, software, and customized databases to enhance the professional capabilities and capacities of its members.
7/8/2013
Stony Hill Business Brokers is pleased to announce the sale of Rob’s Laundromat in Croydon, PA to a private buyer. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Rob’s Laundromat is an absentee run self serve Laundromat in Bucks County, PA.
Stony Hill negotiated the entire deal which included real estate and two rental apartments. Rob’s Laundromat is a simple turn-key operation that will yield positive cash flow for years to come.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
6/3/2013
Stony Hill Business Brokers is pleased to announce the sale of Temaki Sushi Bar in Media, PA to a private buyer. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Temaki Sushi Bar is known for serving the freshest sushi as well as Asian fusion style cuisine.
Stony Hill negotiated the entire deal and handled the lease assignment.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Mike Bankus at Mike@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
4/15/2013
Testimonial
I first met Kevin Freeman in 2008. I owned 2 small businesses and I was interested in purchasing a third. I was looking for an existing business that already had a strong support team in place and also had room to grow. Kevin found a business for sale that met all of my requirements, Westway Electric Supply. We went ahead with the purchase and Kevin was instrumental throughout the process and even helped me locate a bank willing to finance the deal. The process went very smoothly.
After a few years I was able to grow the business through a new website, www.WestwayElectricSupply.com, and I no longer had time to manage my other two business. I went back to Kevin and asked him if he could sell them quickly. Kevin went to work and soon had a number of potential buyers for each business. He helped me sort through the offers and determine who were legitimate buyers. He continued to advise me throughout the selling process and we got both businesses sold within our target price range and before our target date. I will definitely continue to use Kevin's services in my future dealings.
Anthony Buonocore
President, Westway Electric Supply
02/15/2013
Stony Hill Business Brokers is pleased to announce the sale of Leo Gampa Landscaping business in Ambler, Pa to a private buyer. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Leo Gampa Landscaping is a landscape maintenance company with primary focus on hardscape projects and pavern installations. The business has operated in Montgomery County for almost 40 years.
Stony Hill negotiated the entire business transaction.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients.
For more information on this transaction, please contact Paul Visokey at Paul@stonyhillbusinessbrokers.com or 215-543-3508.
More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
1/14/2013
We are pleased to announce that our Managing Partner, Kevin Freeman, was featured in Smart CEO magazine. Please see the article below and as always please feel free to reach out to Stony Hill for all your exit planning and business acquisition needs.http://viewer.zmags.com/publication/9d7e8af8?page=16&nocache=1358367227031#/9d7e8af8/16
01/01/2013
Stony Hill Business Brokers is pleased to announce the sale of Boothwyn Wash and Dry in Boothwyn, Pa to a private buyer. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Boothwyn Wash and Dry is a full service high volume wash and fold and coin operated Laundromat in a great location.
Stony Hill negotiated the entire deal and handled the lease assignment.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
12/17/2012
Stony Hill Business Brokers is pleased to announce its newest member, Michael Bankus. As Stony Hill prepares to expand into other territories, Mr. Bankus will be representing businesses for sale and business buyers in the State of Delaware, and Chester and Delaware counties in Pennsylvania.
With a degree in Economics from Penn State and an MBA from the University Pittsburgh, Mike also holds the Accredited Valuation Analyst (AVA) designation from NACVA (the National Association of Certified Valuation Analysts), which certifies AVAs to perform business valuations as a service to both the consulting community and business owners.
Mr. Bankus has advised several small publicly traded companies on their acquisitions. Having served many family and commercial business clients during his eleven year tenure with a major insurance company, his experience in finance and merger and acquisitions in the retail, education, construction, insurance and banking industries will benefit his clients tremendously with the sale or purchase of businesses. His professionalism, excellent work ethic, and commitment to provide quality customer service will be a valuable asset to his clients and Stony Hill Business Brokers.
9/10/2012
Stony Hill Business Brokers is pleased to announce the acquisition of The Allaire Senior Care Center in Wall Township, NJ by Just Like Home Adult Day Care of Sayreville, NJ. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller.
The Allaire Center founded in 1995, provides elderly, physically or cognitively impaired individuals with the services needed to allow them to continue living in their homes and with their families or caregivers.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com
8/15/2012
Stony Hill Business Brokers is pleased to announce the acquisition of the Excelladerm in West Chester, Pa by DermaMed Solutions of Lenni, Pa. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the buyer.
“Kevin Freeman and the team at Stony Hill were a pleasure to work with,” states Pinsley, president of Dermamed Solutions. “They listened to what we were looking for, started searching for a company that fit our profile and minimized the disruption to our business. They qualified leads and presented us with precise information. Stony Hill was able to help us get through the transaction quickly and easily and got the deal closed.”
DermaMed Solutions, founded in 1998, provides professional skin care equipment, spa equipment and natural skincare products to clients around the country. More information on DermaMed can be found at www.dermamedsolutions.com.
Also founded in 1998, ExcellaDerm provides best-in-class products and services and exceptional relationships with business partners and customers, which include: ExcellaDerm Microdermabrasion Systems; ExcellaWave, ultrasound and electrical stimulation; and ExcellaPure, a cosmetic skin care division
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
7/17/2012
Stony Hill Business Brokers is pleased to announce our newest client, CPM Property Management in Southampton, Pa. Stony Hill will be representing CPM in their efforts make strategic acquisitions to grow their company.
CPM Property Management, Inc. offers property management of condo and neighborhood associations, townhome developments, apartment building complexes, commercial properties and more.
As skilled property management professionals, CPM’s goals are to constantly maintain member goodwill, exercise efficient control over operations costs and keeping property value at its highest level. They sever Bucks County, Montgomery County, Chester County, and Philadelphia, Pennsylvania.
CPM is looking to grow their customer base via acquisition of similar companies.
For more detail on the targets of the acquisition search and companies that would fit CPM’s profile please contact Kevin Freeman @ kevin@stonyhillbusinessbrokers.com or 215-543-3508.
5/26/2012
Stony Hill Business Brokers is pleased to announce our newest client, WECO Manufacturing in Rochester, NY. Stony Hill will be representing WECO in their efforts make strategic acquisitions to grow their company.
WECO is a value added single source contract manufacturer of finished fabricated metal components and assemblies of product infrastructure for electrical and electronic products for all aspects of metal product manufacturing.
They serve the OEM industrial, medical, transportation, audio, electrical, telecommunications, electronics and government sectors by manufacturing both conventional and the most technically demanding items.
WECO desires to acquire an OEM Manufacturer of branded metal products with a direct sales and distribution network. Target revenue is greater than $10,000,000 with an EBIDTA of greater than $1,000,000.
For more information please contact Kevin Freeman at 215-543-3508 or kevin@stonyhillbusinessbrokers.com. Please visit Stony Hill at www.stonyhillbusinessbrokers.com.
5/18/208
Stony Hill Business Brokers is pleased to announce the acquisition of HS Limo of Montgomeryville, Pa, by TH Transportation and Limo of Baltimore, Maryland. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller.
HS Limo provides full limo and town car service to Philadelphia, New York, New Jersey, Delaware and Maryland. TH Limo accomplished their goals of expanding into the Philadelphia and New York markets by making this acquisition.
Christopher Spinieo, the seller of HS Limo, said about the deal: “Kevin Freeman and Stony Hill did an amazing job selling my company. We had multiple offers and were able to close the deal quickly thanks how organized Kevin kept the deal. I was amazed with how efficient things ran. I was able to focus on my company and other business interests while stony Hill handled the transaction.”
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
5/3/2012
Stony Hill Business Brokers is pleased to announce the acquisition of the Plenty Philadelphia by The Mascieri Group, with offices in Wayne, Pa, Dalian, China and The British Virgin Islands. The Mascieri Group purchased both the business and the real estate from which the business operates. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller.
Plenty Philadelphia provides unique natural and handcrafted entrees, artisanal sandwiches, gourmet side dishes, and quality farm-fresh specialty foods. Plenty’s core emphasis is local, sustainable, organic and natural ingredients passionately handcrafted daily.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
4/12/2012
Stony Hill Business Brokers is pleased to announce the acquisition of the Checkers Franchise Restaurants of Aramingo and Levittown by Nutmeg Burger Corp, an operator of multiple food businesses based in Connecticut. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller.
With over 800 locations, Checkers is a top rated Food Franchise specializing in burger, fries and shakes.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
3/9/2012
Stony Hill Business Brokers is pleased to announce the sale of Hockessin Books and Tobacco, located in the Lantana shopping center in Hockessin DE. This convenience store sold newspapers, magazines, books, greeting cards, cigarettes and cigars, as well as Delaware lottery tickets. The sales process was completed in less than five months from first contact.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Paul Visokey at paul@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be found at www.stonyhillbusinessbrokers.com
2/12/2012
Stony Hill Business Brokers is pleased to announce the acquisition of Class Act Landscaping of East Brunswick, NJ by Pete’s Landscaping of Central NJ, Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Class Act landscaping has been servicing clients since 1985 with a reputation for quality work, fair prices and superior customer service.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
1/23/2012
Stony Hill Business Brokers is pleased to announce the sale of Rachael’s Deli in Center City, Philadelphia. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Rachael’s Deli is a landmark fast casual Jewish Style deli located just steps off historic Rittenhouse Square. Rachael’s has been pleasing clients for over 20 years.
Rachael Cohen, the seller of the business said of the transaction: “Stony Hill did an amazing job selling our business - we had heard food and retail businesses were particularly difficult to sell in this economy but you would have never known. Kevin brought me multiple offers then helped us close the deal and even negotiate a new lease for the buyer.”
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
1/10/2012
Stony Hill Business Brokers is pleased to announce or most recent client, DermaMed Solutions in Media, Pa. Stony Hill will be representing DermaMed in their efforts make some strategic acquisitions to grow their company.
Founded in 1998, DermaMed Solutions manufactures and distributes a complete line of medical and aesthetic equipment as well as related disposables and topical skin care products for dermatologists, spas and other skincare professionals. The company offers a holistic approach with mechanical, topical and nutritional protocols that work synergistically to build and maintain the infrastructure for healthy skin. More information on the firm can be found at www.dermamedsolutions.com.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
For more detail on the targets of the acquisition search and companies that would fit DermaMed’s profile please contact Kevin Freeman @ kevin@stonyhillbusinessbrokers.com or 215-543-3508.
12/20/2011
Stony Hill Business Brokers is pleased to announce the sale of Sunrise Optical in the Richmond section of Philadelphia, an emerging shopping area. The buyer added this store to his chain of optical stores throughout Philadelphia.
The sale was negotiated through Stony Hill Business Brokers. The broker, Paul Visokey, was integrally involved throughout the process and successfully resolved last minute issues. The seller commended the broker for his insight and dedication to reach an acceptable deal for all involved.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience among the partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Paul Visokey at paul@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
11/4/2011
Stony Hill Business Brokers is pleased to announce the sale of a chain of nail salons in eastern PA. One of the salons, the Patriot Nail Salon located in Hatboro, PA was acquired by a local couple. The salon has four manicure and four pedicure stations and a makeup area. The new owners plan to increase the local marketing and grow the business.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience among the partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Paul Visokey at paul@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
9/25/2011
Stony Hill Business Brokers is pleased to announce the sale of Andorra Laundromat in Philadelphia, Pa to a private buyer. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Andorra Laundromat is a full service high volume wash and fold and coin operated Laundromat in a great location.
Stony Hill negotiated the entire deal, handled the lease assignment and secured financing for the buyer.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
8/09/2011
Stony Hill Business Brokers is pleased to announce the sale of Wave Express Car Wash in Moorestown, NJ . Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Wave Express is a full service wash in a great location off routes 38 and 73 in South Jersey. The buyer purchased the real estate and the business.
Kurt Fuoti, the seller of the business said of the transaction: “Stony Hill did an incredible job selling our business in a very difficult economic climate. They found the ideal buyer and helped him attain the necessary funding to make this deal happen. Kevin Freeman, our Broker guided us through some difficult obstacles and managed the transaction impeccably.”
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com.
4/14/2011
Stony Hill Business Brokers is pleased to announce the acquisition of Trisis Technologies of Bucks County, PA by IT Assist of Princeton, NJ. Terms of the deal were kept confidential. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller. Trisis Technologies provides superior technical services to Philadelphias community businesses and end users by focusing on using a responsive, local business model to meet their customers needs. With local area services that include computer repair, systems and network support, website design, and search engine optimization they are leaders in their industry.
IT Assist will bring years of expertise and experience to Trisis and allow for additional services and superior customer care to new and existing clients. Dave Crocker, former CEO of Trisis said of the deal -- I could not be more pleased with the results of the deal. IT Assist is the perfect fit for the acquisition of Trisis and will be able to take the company to the next level. Stony Hill Business Brokers did an outstanding job of finding the ideal buyer and facilitating the entire deal while allowing me to continue focusing on my businesses. --
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com
03/04/2011
Stony Hill Business Brokers announced today that they have facilitated the acquisition of a multi unit directory publishing and advertising business in Maryland and Delaware. Terms of the deal and company names were kept confidential at the request of the buyers. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the buyers.
01/25/2011
On Tuesday January 25, Keith Dyer of Stony Hill Business Brokers was the keynote speaker at a business persons dinner forum titled, Survive & Thrive 2011 and Beyond. The event was hosted by Vickie L. Landis Pros Consulting Group and sponsored by Keller Williams Real Estate and Scott Rudolph, Certified Public Accountants. The meeting attracted approximately 70 small and medium sized business owners interested in learning about success strategies.
Attendees were introduced to the components of business valuation, strategies for improving value and considerations for positioning a company for sale. The final topic covered in the presentation was - Succession Planning, a key concern for most private business owners.
For information on upcoming events or to include a Stony Hill Consultant at an upcoming business event, contact Stony Hill Business Brokers at (215) 543-3508.
12/16/2010
Stony Hill Business Brokers announced today that they have facilitated the acquisition of an e-commerce sales and distribution company by an investment group from the mid-west. Terms of the deal and company names were kept confidential at the request of the buyers. Stony Hill Business Brokers initiated this transaction, acted as financial advisor and negotiated the transaction for the seller.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For more information on this transaction, please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com
12/15/2010
Stony Hill Business Brokers Richard Ludlow and Kevin Freeman were recently guest speakers at a Central Jersey NARI (National Association of the Remodeling Industry) Conference where they gave a presentation on exit strategy and preparing a business for sale to the attendees.
NARI is a national organization with local chapters that supports contractors and companies in the construction industry.
Stony Hill Business Brokers has multiple offices in Southeastern PA, New Jersey and Delaware. With 150 years of entrepreneurial and transaction experience amongst its partners and a commitment to honesty, integrity and professionalism, Stony Hill Business Brokers strives to provide exceptional service and value to its clients. For information on having Stony Hill speak about exit planning, business sales and valuations at any event please contact Kevin Freeman at kevin@stonyhillbusinessbrokers.com or 215-543-3508. More information on the firm can be viewed at www.stonyhillbusinessbrokers.com
09/09/2010
Kevin Freeman, of Stony Hill Business Broker, was a guest on "Good News in Real Estate" on Sunday, September 6, 2010 airing on 97.5 FM/ESPN Radio.
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