After several years of partnership with top business brokerage firms, including First Choice Business Brokers and ROI Corporation, my partner and I started Deal Team to focus on strategies that would serve entrepreneurs. My passion has always been with main-street business owners. I have sold companies in a broad range of values, from landmark small businesses valued at less than $500,000 to procuring buyers and negotiating acquisitions with private and public companies valued at over $33,000,000. I studied Business Management at Bentley University, and hold numerous certifications and licenses in Connecticut, and throughout New England. I own commercial real estate, and in the past have purchased and renovated properties that returned a 200% return-on-investment in less than four years. I have negotiated leases with national companies including Subway and Hear Again Centers. In addition to my work in business brokerage, I have been an independent life & health insurance broker for 38 years, and owner of several commercial investment properties. A Connecticut native, I have been married for over 31 years. My wife and I have two adult daughters and a son. I most enjoy time with my family, skiing, playing the saxophone, and reading business literature. My experience is your asset when it comes to selling your company or buying your next adventure. I have mission-driven focus, and strategies that have been “tried by fire” through my diverse business experience.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
David Richman's Postings
Profile: Operating throughout the Northeastern United States, this business is an ideal candidate for acquisition by an engineering, construction, or environmental testing firm. Turn-key with experienced, long-term staff, including a General Manager. Exceptional reputation and highly valuable equipment. Refreshed: 9/20/19. Posting #: 10249106
Financial Info: Asking Price: $3,900,000. Gross Sales: $1,932,484. Equipment: $2,200,000. Cash Flow: $523,876. All equipment is in excellent condition with many items being purchased within the last two years. Equipment and inventory is included in the asking price.
Key Words: drilling, environmental drilling, engineering, construction, geotechnical, new england, absentee
Profile: An amazing concept business. The retail store is exquisite. Fine details and high-end embellishments give customers a unique experience when stopping in to shop for chocolates, gifts, and great locally roasted coffee. An expertly curated collection of bean-to-bar chocolates is a buyers advantage. Refreshed: 9/20/19. Posting #: 10249105
Financial Info: Asking Price: Buyers are invited to submit an offer after viewing business details. Seller will consider all offers. To receive an NDA and view the Confidential Memorandum, please contact our office.
Key Words: coffee, coffee house, cafe, chocolate, gift, gifts, new london, connecticut shortline
Profile: Profitable indoor inflatable parks, party business. Current owner only working 20 hours a week. Experienced friendly staff. Can easily be converted to absentee model, or worked full-time by an owner/operator. Excellent reputation, clean facilities, and a lot of fun. Refreshed: 9/20/19. Posting #: 10249103
Financial Info: Asking Price: $375,000 for 2 locations. Gross Sales: $604,000. Seller's Discretionary Earnings: $115,000. Equipment Value: $69,875 (many newer items).
Key Words: entertainment, children, family entertainment, arcade, party, inflatable park, indoor entertainment, indoor entertainment center, entertainment center, hartford, absentee
Profile: Landmark specialty food store established over 35 years in an excellent location. Great reputation, excellent food quality, and loyal customers are a buyers benefits. This business is ready for an experienced buyer to take over the turn-key operations. Refreshed: 9/20/19. Posting #: 10249102
Financial Info: Asking Price: Seller is highly motivated, retiring, and will consider all offers. Gross Sales over $1.8 Million/year. Gross Profit over $700,000/year. Buyers are invited to submit an offer after viewing business details. Please contact our office to receive and NDA.
Key Words: commercial kitchen, catering, market, meat market, specialty food, produce, butcher, farmington valley, hartford
Profile: Popular product line of Chuck and Pie Jaws is for sale. This product is distributed nationwide and can be made anywhere in the USA. Established distribution networks and customers included. Equipment is not included in the price, but can be purchased if required. Seller is relocating out of state. Refreshed: 9/20/19. Posting #: 10249095
Financial Info: Asking Price: All offers considered (Range of Estimated Value: $150,000 to $169,000). Annual Sales: 194,500. Net Income: $67,500. There is excellent potential for a new owner to grow line and increase sales. Equipment is not included in the price, but can be purchased if required.
Key Words: machine, machine shop, manufacture, manufacturer, metal manufacturer, metal manufacturing, chuck jaws, pie jaws, jaws, distribution, distributor, new haven
Profile: Sheet metal manufacturing business specializing in Food Truck and Hot Dog Cart design and build. Amazing products are made start to finish. Automotive services and facility repair services for Food Trucks and Food Carts as well as their components is provided. There is very little competition. Refreshed: 9/20/19. Posting #: 10249104
Financial Info: Asking Price: Buyers are invited to make an offer after viewing details. Contact our office to receive an NDA. Gross Sales for 2018 were $299,000. Seller Discretionary Earnings were $89,812.
Key Words: sheet metal, sheet metal manufacturing, metal manufacturing, sheet metal manufacturer, manufacture, manufacturer, auto manufacturing, auto repair, maintenance, hartford
Profile: This locksmith franchise was started in 2005 and has huge growth potential. Protected territory includes entire state of Connecticut. Current owner services part of Hartford County only. Great brand recognition and franchise supported growth. Refreshed: 9/20/19. Posting #: 10249098
Financial Info: Asking Price: $258,000 / Seller will consider all offers. Gross Sales: $189,996. Seller's Discretionary Earnings: $73,781. Equipment Value: $30,725. Franchise transfer fee of $8,000 not included in listing price.
Key Words: locksmith, locksmiths, lock smith, lock, locks, franchise
Profile: High-end auto detailing shop. Precise attention to detail is the hallmark of this business and its reputation. Only one car at a time is serviced in the small, one-bay, shop. Located in the affluent Farmington Vally, this business services many luxury vehicles, large SUV, and daily drivers. Refreshed: 9/20/19. Posting #: 10249100
Financial Info: Asking Price: Seller will consider all offers for this small business. Buyers are invited to present an offer after viewing business details. Contact our office to receive an NDA.
Key Words: auto detailing, auto detailer, detailer, detailing, farmington valley, hartford
Profile: Residential and commercial cleaning service. Very popular business is a small affluent town. Many word-of-mouth referrals, a trustworthy reputation and brand recognition. This business is a best-in-class in its area, and ready to grow. The owner is retiring. Refreshed: 9/20/19. Posting #: 10249099
Financial Info: Asking Price: Seller will consider all offers (Range of Estimated Value: $175,000 - $200,000). Gross Sales: $214,941. Seller's Discretionary Earnings: $75,316 Equipment Value: $41,077. The business is successful without any marketing or social media presenting an opportunity for growth.
Key Words: cleaning, residential cleaning, commercial cleaning, farmington valley, hartford
Profile: General machine shop that is well established with 10 full-time experienced staff members is seeking new ownership. Excellent reputation for quality work in metal and plastics manufacturing. Currently, the business is family-owned, and the owners are retiring. Refreshed: 9/20/19. Posting #: 10249101
Financial Info: Asking Price: $490,000. Gross Sales: $818,728. Seller's Discretionary Earnings: $140,929.
Equipment Value: $428,450 (Included in asking price.) Seller will consider all offers. This business has been successful with no sales program or advertising, presenting an easy growth opportunity.
Key Words: machine, machine shop, cnc, cnc manufacturing, metal manufacturing, metal manufacturer, plastics manufacturing, plastics manufacturer, new haven
Profile: Dealership model with no franchise fees or royalties. This pet containment product dealership is well established and profitable. The protected territory encompasses Litchfield and Hartford Counties. Services include electronic fences, interior pet containment products, and product training. Refreshed: 9/20/19. Posting #: 10249097
Financial Info: Asking Price: Seller will consider all offers. Gross Sales: $336,918. Seller's Discretionary Earnings: $113,552. FF&E: $24,500 includes company van.
Key Words: pets, dogs, pet containment, pet containment products, pet products, electric fence, electric fence dealer, equipment dealer, litchfield
Profile: Very successful appliance retail and repair business is seeking new ownership. The store is 80% absentee run, managed by experienced staff and a GM who is expected to stay on the work with a new owner. The repair business is popular, and has great reviews. Beats Big Box pricing. Refreshed: 9/20/19. Posting #: 10249096
Financial Info: Asking Price: Seller will consider all offers (Range of Estimated Value: $995,000 - $1,200,000). Gross Sales: $2,077,668 (trending up for 2019). Seller's Discretionary Earnings: $410,724. FF&E: $48,000. Inventory to be purchased by buyer.
Key Words: appliance, appliances, appliance repair, absentee
Profile: Exceptional fitness franchise with established loyal customer base, experienced staff, and excellent reviews. This is a great opportunity for a fitness enthusiast to break into the industry with a turn-key operation. Refreshed: 9/20/19. Posting #: 10249094
Financial Info: Asking Price: Seller will consider all offers (Range of Estimated Value: $130,000 - $150,000).
Annual Sales: $194,028. Seller's Discretionary Earnings: $69,000. FF&E: $16,000. This established gym has over 280 members with EFT-paid monthly contract or paid-in-full membership.
Key Words: fitness, gym, franchise, kickboxing, circuit training, fitness studio, fitness center, new haven