Thorpe Commercial Real Estate and DePersia & Associates, a Midtown Mergers & Acquisitions company, have completed the sale of two downtown Wilmington commercial properties: the Reel Cafe building at 100 S. Front St. and the adjacent property at 12 Dock St., home to Wilmington Distillery.
Planning to sell your business? Use this 12-month checklist to improve value, reduce risk, and prepare for a confident exit with Midtown Mergers.
Guide for NC businesses to build succession plans by identifying leadership gaps, valuing business, addressing tax/legal issues, crafting buy-sell agreements, exploring MBO/ESOP, ensuring leadership continuity, and implementing communication, funding, and governance.
Beyond revenue, business valuation hinges on risk reduction, consistent profitability, and transferability. Focus on diverse customers, steady earnings, strong EBITDA, and owner independence for a higher sale price.
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