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| Window Genie of Charlotte Under New OwnershipJoe Vagnone of ENLIGN Business Brokers & Advisors Facilitates Successful Transaction
By: ENLIGN Business Brokers & Advisors Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated the sale between the Seller, Mr. Peter Cogan, and the buyer, Mr. Charlie Zylstra. ENLIGN marketed the opportunity with the premier online business listing services, including ENLIGN's website www.enlign.com prior to the sale, and also worked diligently with business professionals Carolyn Tormey of the Entrepreneur's Source and Franchise Developer, Brian Hill of the Dwyer Group. Finding just the right buyer for this opportunity required a commitment from just the right team. According to Mr. Vagnone, "This business was unique in that the buyer and the seller had a divergence on valuation. This particular deal required inventive and innovative terms and deal structure. Breaking up a challenging tranasction such as this ine into pieces is how we were able to get this done." Mr. Hill had this to say about collaborating with Joe Vagnone, "Working with Joe has been an absolute pleasure. It is clear when speaking with him that he is the consummate professional and he's extremely knowledgeable in his craft." The new owner is a Connecticut native who will be relocating to the Lake Norman area this summer to run the business full time. Mr. Zylstra had this to share, "I'm excited to build upon the great reputation and success that Peter Cogan has created with his Window Genie franchise. Joe Vagnone and his team were a critical component in bringing this deal together and served as a valuable resource for all the questions and challenges that popped up along the way to closing. This deal would not have succeeded without them." ENLIGN, representing the Seller, prepared a buyer's information packet, provided a broker's opinion of value, worked with the seller to determine an appropriate asking price, pre-qualified potential buyers, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with the buyers' and sellers' closing documents for client review and execution. "I tell clients, 'You're not paying me just to find a willing buyer; you're really paying me to get the deal done, this deal is a perfect example of that," says Vagnone. ENLIGN does not release financial details of transactions. About ENLIGN Business Brokers: ENLIGN Business Brokers, which has its headquarters in Raleigh, NC, provides seller and buyer services, professional negotiation, and valuation and marketing services to small- and medium-business sellers and buyers in the southeast and nationally through the ENLIGN Business Brokers Affiliate program and ENLIGN Professional Partners Program (EPPP). ENLIGN provides business owners wishing to sell their businesses with discrete, objective counsel and valuation advice, and an innovative, comprehensive approach to marketing businesses for sale. Complete confidentiality is offered throughout the process. ENLIGN, a member of the International Business Brokers Association (IBBA), M&A Source, and the American Business Brokers Association (ABBA), requires that its agents and affiliates have owned a successful business of their own, hold an advanced degreeand be members of IBBA working towards or having completed the Certified Business Intermediary (CBI) accreditation. For more information about buying or selling a business, or becoming an ENLIGN affiliate broker, contact Jeff Snell at jsnell@enlign.com or visit the website at http://www.enlign.com for more information. For a listing of available business opportunities, or more information on valuation services, buying or selling a business, visit http://www.ENLIGN.com or contact Joe Vagnone at 704-577-8030 or email joe@jvagnone.com. End
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