PRESS RELEASE: East Texas Tree Farm Under New Ownership Thanks to VR Huntington


FOR IMMEDIATE RELEASE

Dallas, TexasVR Huntington Business Group of Dallas assisted in the successful sale of Sweet Land Tree Farm last week from Wintters Realty, LLC to HHH Nurseries, LLC.

Todd Wintters, president of Wintters Realty, LLC, acquired the farm three years ago from the founder. Sweet Land became a division of his engineering company, but as his core business evolved, it became a priority to move away from the tree business and find a suitable buyer for the farm.

“When it came time to sell the farm, I had two routes to consider,” Wintters said. “I could list the property with a real estate broker or try using a professional business intermediary. In the end, choosing VR Huntington was the best decision I could have made. The farm benefitted greatly from being marketed as an operating business rather than just a piece of property.”

HHH Nurseries, LLC was formed by brothers Blake and Jason Hearnsberger, along with their father, Roy. The group has real estate interests in other parts of the state and Sweet Land provided them an opportunity to expand their operation into East Texas as well as into the wholesale tree business.

“Having acquired other agricultural properties previously, our objective was to expand those holdings with an income-producing opportunity,” said older brother Jason. “This business was a bit further from the Houston area than we were looking to go, but based on the quality of the operation and the amount of detail readily provided by VR Huntington, Sweet Land became a viable option for us.”

Wintters gives VR Huntington credit – not only for generating significant interest in his business and producing multiple offers but also for the expertise they provided in evaluating each buyer individually.

“VR produced four offers on my business,” Wintters said. “The buyers were all qualified and motivated to make the purchase, which puts a lot of pressure on the owner to make sure and choose the right person. With VR’s guidance I selected an offer, and it turned out to be the best buyer I could have hoped for.”

Sweet Land Tree Farm (www.sweetlandtreefarm.com) offers wholesale customers access to a variety of Texas’ most popular hardwood landscape trees, including red oak, live oak, Chinese pistachio, pond cypress, cedar elm, lacebark elm and many others. The farm sits on 20 acres of prime property in Grand Saline, Texas. Contact Sweet Land at 903.962.3986.

The sale was facilitated by Jeremy Furtick, Senior Business Intermediary, with VR Huntington Business Group Inc. a VR Business Sales firm in Dallas.

The VR network was established in 1979 and is the oldest professional business brokerage in the nation with more than 125 offices and 800 agents worldwide. VR Huntington Business Group (www.vrbigd.com) is based in Dallas and has finished the last four years as one of the top VR offices in the world. VR Huntington specializes in assisting the owners of privately-held companies to value, market and sell their businesses, as well as representing buyers interested in professional assistance in their business searches.


Filed under: Buying a Business, Jeremy Furtick, Press Releases, Selling a Business, Uncategorized | 1 Comment » | 30 Dec 2009 9:56 am


PRESS RELEASE: VR Huntington Announces the Sale of a Multi-Location Party Franchise


FOR IMMEDIATE RELEASE

DALLAS, TexasVR Huntington Business Group of Dallas assisted in the successful sale of two Pump It Up franchise locations from Advanced Cycling Concepts, Inc. to John D. Ruchman Enterprises, LLC.

Carol Welch, president of Advanced Cycling Concepts, Inc. opened her first Pump It Up location in Dallas in 2004. Then in 2007 she started a second location in Plano under the “Junior” concept, which caters to smaller children. After dedicating countless hours to opening and operating the two locations, Welch decided it was time to move on and let a new owner with new enthusiasm take over the business.

“I loved every minute of starting and operating both Pump It Up locations,” Welch said, “but there finally came a time where I decided it was a good idea to move on – I was burnt out. So we started interviewing business sales professionals, and ultimately chose VR Huntington out of several options.”

John D. Ruchman Enterprises president, John Ruchman, first became interested in Pump It Up four years ago while attending a birthday party at the Dallas location with his family. Years later when he became aware that the operation was available for acquisition, he dedicated himself to making this venture the next move of his professional career.

“I can still remember being at the Dallas location and my wife telling me, ‘You ought to buy this business someday’,” Ruchman said. “I was absolutely thrilled when I saw this listing go on the market and came to find out the Dallas location was available.”

Welch and Ruchman both had high praise for VR Huntington.

“It’s no secret that the past year has been difficult for good businesses to find qualified buyers,” Welch said. “We are extremely grateful to VR for sticking with us through this tough year and also for being able to negotiate a deal for our business that we never thought we would be able to get in this economy.”

“VR Huntington did a great job of helping me through this process,” Ruchman said. “I felt like I was working with people who actually cared about more than the ‘sale’.”

Pump It Up (www.pumpitupparty.com) is an indoor inflatable party center franchise operation with more than 175 locations nationwide, including 10 locations in Dallas/Ft. Worth. The Dallas location is at 9201 Forest Ln., and Plano is at 4101 E. Park Blvd. Both locations can be reached by dialing 972.792.9663.

The sale was facilitated by Jeremy Furtick, Senior Business Intermediary, with VR Huntington Business Group Inc. a VR Business Sales firm in Dallas.

The VR network was established in 1979 and is the oldest professional business brokerage in the nation with more than 125 offices and 800 agents worldwide. VR Huntington Business Group (www.vrbigd.com) is based in Dallas and has finished the last four years as one of the top VR offices in the world. VR Huntington specializes in assisting the owners of privately-held companies to value, market and sell their businesses, as well as representing buyers interested in professional assistance in their business searches.


Filed under: Buying a Business, Exit Strategy, Jeremy Furtick, Press Releases, Selling a Business | No Comments » | 21 Dec 2009 5:28 pm


FedEx Ground Contractor Under New Ownership with Help of VR Huntington Business Group


DALLAS, Tex. – CKS Transport, Inc., a FedEx Ground line haul contractor domiciled out of the Hutchins terminal near Dallas, was acquired by The Perham Group, Inc. of Arizona last week with the assistance of VR Huntington Business Group in Dallas.

Prior to acquiring this FedEx Ground operation in 2007, CKS president Colin St. Clair actually considered acquiring a different business with VR Huntington. Although he went a different direction with his decision, he always remembered the way VR Huntington Business Group presented businesses for sale and the way he was treated as a buyer. So it was only natural when it came time to sell CKS that he called VR.

“As a buyer, I met with several Dallas area business brokers looking for purchase opportunities,” he said. “Not one organization provided the level of professionalism, knowledge and access to data that VR Huntington did. As a seller, I wanted to make sure my business had those same advantages, so listing with VR was an easy decision.”

Bob Perham, president of The Perham Group, Inc., was actively searching for a suitable acquisition opportunity in the FedEx Ground system. He researched dozens of opportunities around the country, but in the end no available business fit his criteria as well or was presented as effectively to him as CKS.

“When I started researching FedEx listings to acquire, I discovered several that appeared to be what I might be looking for, but I was discouraged by the lack of response and information I was able to get on these operations, “ Perham said. “At the end of the day, VR Huntington was the one organization what was able to deliver the quality and depth of detail I needed to actually review the business and ultimately make an offer.”

VR Huntington not only assisted St. Clair in the marketing of his business and the qualifying of potential purchasers, but they were also deeply involved in every detail of the sales process – from negotiating the purchase price and the asset purchase agreement, to coordinating closing and funding, VR Huntington was critical to this transaction being a success.

“There’s no question that without VR Huntington and my agent that this transaction would have never closed,” St. Clair said. “There were several occasions where the deal stalled and I thought we might have hit a dead-end, but my agent never got frustrated – he was always there with a new solution, and ultimately that’s what helped make the difference.”

VR was established in 1979 and is the oldest professional business brokerage in the nation with more than 125 offices and 800 agents worldwide. VR Huntington Business Group (www.vrbigd.com) is based in Dallas and has finished the last four years as one of the top VR offices in the world. VR Huntington Business Group specializes in assisting the owners of privately-held companies to value, market and sell their businesses, as well as representing buyers interested in professional assistance in their business searches.


Filed under: Buying a Business, Jeremy Furtick, Press Releases, Selling a Business, Uncategorized | 1 Comment » | 2 Dec 2009 3:28 pm


VR Huntington Business Group Announces Sale of Wash-A-Go-Go Car Wash


FOR IMMEDIATE RELEASE


Dallas, Texas – VR Huntington Business Group is pleased to announce the strategic sale of Wash-A-Go-Go Car Wash in Arlington, Texas, to George Kramerov a local entrepreneur. Terms of the transaction were not disclosed.

“Huntington Business Group was very knowledgeable about the sales process and my business…” said Randy Fisher former owner of Wash-A-Go-Go. “They made me feel very comfortable with the entire process - from finding a qualified buyer to helping secure financing and then working to close the deal. I was able to focus on my business because they kept me fully informed about what was going on throughout the entire transaction.”

“Car washes and similiar types of “absentee-run” businesses are typically very popular with buyers,” said Mike Cockroft, Senior Business Broker with VR Huntington Business Group. “However, in today’s down economy we’re finding more and more buyers are looking for these types of businesses because they require very little management and are a great way to earn supplemental income.”

VR Huntington Business Group is Texas’ largest and most successful VR office. HBG specializes in assisting the owners of private companies to value, market and sell their businesses and has been in operation since 1979. For more information about VR Huntington Business Group visit our website at www.vrbigd.com or call us at 972.792.0100.


Filed under: Press Releases | 1 Comment » | 13 Nov 2009 11:06 am