Reputable Recycling Center Business Sold

Congratulations to Michael Szmanda for assisting in the sale of a highly reputable recycling center located in Northern Illinois.  Michael has been working with the seller since last March to find the find the right buyer and close the deal. The seller was looking to retire and has kept the business well organized with a

Acquisition of Manufacturing Company

Congratulations to Larry Heck on the successful transaction of a niche plastic molder business in Wisconsin. This plastic molder manufacturer has been in business for over 40 years producing an array of products for businesses and consumers.  with contracts in place for the larger accounts and a great customer distribution, this business was very well

Tim Bullard and His Number 1 M&A Team

Over 10 years ago, Tim Bullard started Lakes Business Group, and became part of the VR network. VR (Valued Representation), established in 1979, is the leading international transactional advisory firm serving the privately held middle market. In the past 10 years, Lakes Business Group has been the number 1 VR Office internationally in 5 of

Northern Illinois Wholesale Food Distributor Successful Transaction

An Illinois food distributor has been successfully transferred to a new owner.  The seller was ready to retire after operating the business for several years. The new owner has an incredible brand that is known for customer service and reliability.  This company has a niche in providing a wide variety of ingredients throughout the bakery

Successful Transfer of Business

Congratulations to Andy Schmelzer for assisting with a successful business transaction of a community based residential facility (CBRF). We also want to congratulate the new owner of this profitable, well run CBRF/Assisted Living operation in southeastern Wisconsin. And, finally to wish the sellers best of luck in their retirement! This business opportunity was sold within

Begin with an Exit Plan

As a business owner, it’s never too early to think about an exit plan.  Reading the summary from the book Seven Habits of Highly Effective People, the author, Steve Covey says “begin with the end in mind.” One reason to have an exit strategy is it keeps you on task to grow your business, so

Successful Business Transaction of Greenhouse in Wisconsin

The confidential business offering #1025 was successfully transferred to a new owner last week!   This greenhouse business has been serving the area for over 25 years and the seller was ready to retire.   There were over eighty interested buyers looking at the business profile for this opportunity.   The Lakes Business Group sales rep was able

Owning a Business

Have you been thinking of buying a business?  From managing a business to marketing it, owning a business can be both exciting and overwhelming.  If you’re thinking of taking that step to start looking at ‘being the boss’ and owning a business, here are a few tips to help improve your chance to be successful.

Successful Business Transaction

The successful acquisition of a residential septic service company was completed last week. This business has been serving the local community and provides services in the septic pumping, cleaning and repair industry.  The original owner had started this business and has been operating it for over 25 years and he was ready to retire. The acquisition

Buying a Business with ‘Absentee Owner’

One of the VR agents in North Carolina wrote a newsletter article about a question he gets asked every week.  “Can you find me a nice absentee business I can buy?”   Below are the points he gave on why you don’t see many absentee businesses for sale. While it sounds good in theory, businesses generally

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