Tuesday, September 13, 2011

Leaps and Bounds at Look's Gourmet Foods......


Congratulations to Mike Cote and Look's Gourmet Foods and Bar Harbor Foods in Whiting, Maine, on their honor of being among the 5,000 fastest-growing companies in America, according to Inc. Magazine's annual ranking of private companies based on growth.
At CBI we are proud of our track record, bringing successful companies and highly qualified buyers together just as we did for Mike Cote and Look's.
Working with founders and their families we assist business owners in developing an exit strategy to meet their needs in a highly confidential manner.
When you are ready to buy a successful company we may have your solution, or if you are considering the sale of your business we can help you hit the sweet spot, just as we did for the former owner of Look's and many other satisfied clients.
Country Business, Inc. has been New England's only regional business broker since 1976.

Tuesday, August 2, 2011

Tammy Richards Joins CBI!

Tammy A. Richards, AVA, CMAP has become an associate of CBI (Country Business, Inc.). 

Mrs. Richards has spent the past 15 years in investment banking and business valuation. She worked for Citigroup in New York where she spent 5 years in the Acquisition Finance Group working closely with private equity firms in valuing and financing buyouts of middle market and large-cap companies. She then became Vice-President in the Global Loans Portfolio Management Group where she managed a portfolio of leveraged corporate loans.   After moving to Vermont with her family, Tammy worked for a leading regional accounting firm providing business valuations of family-owned and closely held businesses for sales and acquisitions, estates, gifting, and other tax related purposes.
Tammy is an Accredited Valuation Analyst, and is a NACVA Instructor where she conducts webinars for CPAs and other Business Advisors. She also earned the designation of Certified Merger and Acquisition Professional awarded by the Middle Market Investment Banking Association.
Philip Steckler, a principal of CBI states: “Tammy’s talents and experience enables us to expand our services.  As a certified business appraiser, she is able to accept valuation assignments where these credentials are required.   She is also a part of our business brokerage/mergers and acquisitions team.”  She will be working in Vermont, New Hampshire and Western Massachusetts.   
Tammy graduated summa cum laude with a Bachelor of Arts degree in mathematics from Hamilton College and currently resides in Williamsville, VT with her husband Drew and daughter Hailey.  Tammy can be reached at (802) 254-4504 or trichards@countrybusiness.net.

Founded in 1976, CBI is dedicated to excellence in the management of ownership transitions of privately held companies. With offices in strategic locations throughout Northern New England, Eastern Canada, and the Capital District of New York, CBI is the regions only privately held regional business brokerage and acquisition company. For more information about CBI, please visit our website at www.countrybusiness.net.

Wednesday, June 15, 2011

CBI Welcomes New Associate!


Reid L. Williams has joined the Burlington office of CBI. CBI is New England's largest privately held business brokerage firm with locations in New England, New York and Atlantic Canada and specializes in the sale of privately held businesses. Mr. Williams will be working in Northern Vermont and concentrating his efforts in Lamoille, Washington and Orange County.

Reid holds an engineering degree from Lafayette College. Having successfully founded, managed and sold a $20 million dollar business, Reid brings to CBI a wealth of business and entrepreneurial experience. He is currently residing in Stowe, Vermont with his wife.

Tuesday, March 15, 2011

How Does Your Company Rate?

Valuing a business involves, not only numbers, but also very importnant subjective factors. Here are some importnant subjective factors to consider. How does your company rate?
  • Stable market
  • Stability of earnings historically
  • Cost savings after purchase
  • No significant capital expenditures required
  • No significant competitive threats
  • No significant alternative technologies
  • Large market potential
  • Reasonable market position
  • Broad-based distribution channels
  • Sound management willing to remain
  • Product diversity
  • Wide customer base
  • Non-dependency on few suppliers

Tuesday, December 28, 2010

Successful Fire Alarm and Security Company

The following is from John Stimets, CBI VP

CBI, New England's leading business brokerage firm, is looking for a person, family or corporation interested in a well established,  profitable and successful fire alarm and security company. This company has 50% of its revenues from repeat and ongoing business. Another 40% of its revenues come form the established customer base who require upgrades, replacements and ongoing service. There are a minimal number of employees, most with 15 years tenure. The cash flow exceeds $250,000 annually and provides excellent returns on investment. There is plenty of opportunities for expansion. This may be one of the best businesses I have worked on as a business broker. This and other great Vermont businesses for sale are available through Country Business, Inc. (CBI), a business brokerage firm that sells successful businesses to qualified buyers.

Wednesday, December 8, 2010

The following is from John Stimets,VP 

CBI, New England's leading business brokerage firm, is looking for a person, family or corporation interested in a terrific Vermont business. This well established company is an outsource manufacturer that operates under long term and long standing contracts with its customers. There are a minimal number of employees. The manufacturing process is simple and easily learned. The cash flow exceeds $250,000 annually and provides excellent returns on investment. There is plenty of excess capacity for expansion. This may be one of the best businesses I have worked on as a business broker. This and other great Vermont business opportunities are available through Country Business, Inc. (CBI), a business brokerage firm that sells successful businesses to qualified buyers.

Thursday, December 2, 2010

VT Computer IT Service & Web Development Business

CBI, New England's leading business brokerage firm, is looking for an entrepreneurial person who is interested in a growing computer IT service & web development business. This person should have basic IT skills so the staff of 9 can be managed properly. This 10 year old service business has a huge amount of repeat business. The income is very attractive and will lead to owning the business outright after five years. It may be very suitable for a semi retired person or a young "techie" who wants to find a way to return or remain in Vermont. This and other great business opportunities are available through Country Business, Inc. a business brokerage firm that sells successful businesses to qualified buyers.