Sold.
A long standing Business in Washington County is now under new management. After years of successfully running the Frugal Framer, the owners have decided to retire. The new owners are keeping the same brand and location and have been trained to provide the high quality customer service that has been common for years.
After some deliberation on whether to sell or not, the prior owners contacted Wes Davis, Senior Vice President, of NAI Excel to get his expertise in valuing the business and to put together a plan that would allow the business to continue operations while simultaneously looking for a seamless transition to a new owners.
Davis procured a buyer with extensive experience in the industry who could give peace of mind that the business would continue to be in good hands.
“The Buyer and Seller were an ideal match in this scenario.” Stated Davis, “Our business valuation was fair, the existing landlord was great to work with on the transfer of the lease, and this transaction closed quickly from beginning to end given the exiting knowledge of the Buyer.”
If you are looking for framing services, The Frugal Framer is highly recommended!
Wes Davis
Wes Davis’ areas of expertise include buying, selling, and leasing (landlord and tenant representation) commercial and investment real estate. He is proficient in calculating cash-flow analysis, return on investment, analyzing and mitigating risk, feasibility studies, site selection, forecasting, portfolio analysis, market research, and negotiations. Wes has successfully brokered over $200 million dollars in commercial real estate transactions and has closed over 500 contracts.
Wes has also taken the time to give back to community as he coaches several youth sports, sits on the Board on the Caddy Group Business alliance a non-profit organization, is on the Professional Advisory Board for a local Bank and the Regional Hospital, and is the Vice President for Southern Utah Soccer Association.