Company: Evolution Business Brokers
Phones: 916-993-5433 , 916-240-0382
Business brokerage services in the Sacramento area of California. Evolution founders Mike Dumke and Randy Hendershot realized early on that selling a business didn't have to be as painful, frustrating and financially risky for the seller as it all too often is.
Randy is an entrepreneur who understands what it takes to create, grow, manage, and sell all types of businesses. An energetic and passionate entrepreneur/executive, Randy Hendershot has a proven track record in new market development, new business development, existing market share growth, profitability, customer service, and employee development.
With 24 years at Enterprise Holdings (Enterprise, National, Alamo Rent-a-Car), where he was an executive managing 45 locations and over 350 employees, 85 million in annual revenue, he received numerous company awards for growth, profitability and customer service scores.
Most recently he co-founded Driver Please Systems, a new concept in the transportation industry that is currently expanding internationally.
Areas of expertise:
Profit/Loss Analysis
Sales & Negotiating Successful Business Transactions
Maximizing Operational Efficiencies
Strategic Planning
Managing Multiple Locations and Brands
Talent Recruiting and Training Development
Marketing Initiatives and Executive Sales
Customer Service (System and Plans)
Account & Vendor Relations
Business Efficiencies and Risk Management
Facilities Management
Government & Community Liaison The Evolution Difference
Taking the pain out of selling your business:
Evolution founders Mike Dumke and Randy Hendershot realized early on that selling a business didn't have to be as painful, frustrating and financially risky for the seller as it all too often is.
Having each managed and sold several businesses, Mike and Randy share an uncommon passion for making things better for business owners selling a business.
Together they discovered a secret that enabled them to sell the company they were building together for a price well above market value.
Something very different happened when "the system" was applied...
Identifying unique elements of the business they were selling and telling its story clearly to a rifle-targeted list of prospects, they sold the company quickly to their ideal buyer who paid well above market value for it.
The proprietary system they've developed since then to replicate that sale encompases three main elements:
Strategic Marketing - Sharing your carefully crafted story through targeted media attracts only qualified buyers who quickly grasp the unique value of your business - And are more than happy to pay top dollar for it.
A Carefully Selected Buyers List - Telling your business' unique story confidentially to a qualified list of buyers carefully selected out of our extensive database in addition to other prospective buyers attracted by the Evolution Strategic Marketing System can have a direct impact on selling in the shortest time and at the highest price possible.
Step-by-Step Selling Process - The Evolution Workflow Process eliminates errors, shortens escrow time and helps assure a smooth closing lessening buyer financing issues and lapses in confidentiality until you are ready to inform your team.
The Evolution Business Selling System enables buyers to understand and appreciate the underlying value of your business and, more importantly, helps them picture what they could do with it to create their own unique value.
Not just a listing agency - "We partner with you throughout the entire selling process"
"We're passionate about helping small business owners get full value for the business they've worked so hard to build. Our mission is to make sure prospective business buyers truly understand all the value your business represents to them."
And that makes for a sale of your "baby" that you can feel great about.
This hobby shop in Sacramento area specializes in trading cards including Magic: The Gathering and Pokemon, tabletop games, and accessories for collectors and tournament players. Competitive pricing applies to every item in their vast array, from individually packaged cards to sealed boxes. Posting #: 281170 Posted by: Randy Hendershot, CBB.
The business is a successful cosmetic medical clinic that offers industry-leading medical spa treatments, including laser treatments, cosmetic services, injectables, and more. It was founded in 2001 by a doctor who was one of the first non-dermatologists to enter the field of cosmetic medicine. Posting #: 285652 Posted by: Randy Hendershot, CBB.
This business is a high-end dispensing optical eyewear retailer carrying top-of-the-line designer frames and lenses and catering to an affluent customer base in Sacramento, CA. The company offers the latest in European eyewear fashion and has a strong, loyal base of repeat customers. Posting #: 273186 Posted by: Randy Hendershot, CBB.
This locally owned and operated hardware store with a complete full-service lumber yard has been in operation for 50 years. The business serves both building professionals and DIY customers from across its rural Northern California county in the Sierra Nevada Foothills. Posting #: 280258 Posted by: Randy Hendershot, CBB.
This is a California hauling equipment business for sale. Since 1988, this company has been proudly serving California's hauling needs with the highest quality products and services. The business specializes in the sale of all types of hauling equipment for multiple industries. Posting #: 278266 Posted by: Randy Hendershot, CBB.
This Northern California business retails the top brands of high-performance sport-fishing power boats, as well as pontoon boats, special order bay boats, fish and ski family boats, tackle, boat parts, accessories, and clothing. The majority of the company's sales are new boats. Posting #: 283736 Posted by: Randy Hendershot, CBB.
This is an eye health center and optometric practice. This business is a full-service medical and family eye health center and optometric practice that handles routine eye care tests and services as well as medically based optometric conditions such as ocular disease, glaucoma, and diabetes. Posting #: 283091 Posted by: Randy Hendershot, CBB.
This owner-operated electrical contractor specializes in commercial and industrial electrical construction, electrical design-build construction, service work, and Title 24 acceptance testing. The company markets its services toward general contractors and business owners and acquires projects. Posting #: 281346 Posted by: Randy Hendershot, CBB.
This is a unique opportunity to learn directly from a Bay Area-based expert in the profitable environmental consulting field. Entrepreneurial buyers with a technical background should take special notice of this opportunity. The principal consultant has thirty years of experience. Posting #: 267782 Posted by: Randy Hendershot, CBB.
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Financing a business purchase, or getting cash for a down payment can take many forms. Hopefully the options listed below will give you some ideas where you can find the money to buy a California business!
A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell?
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Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
For Laundromat investors looking to enter the industry, these are challenging times. This significant industry that is surging due to "smarter" equipment, cleaner spaces, more staff, & the larger payback for offering a better customer experience. But, brokers & sellers have unrealistic valuations.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
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Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
Buying a day care for sale is a dream for many people. Here, you'll learn how to successfully negotiate the purchase of a day care for sale to make that dream a reality. Peter Siegel with BizBen.com covers this topic.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
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A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
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The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
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In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
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In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
