April Femrite - Coldwell Banker Commercial, Fisher Group

Provide professional, knowledgeable representation to clients during the process of selling or buying of a privately held business.Coordinates all aspects of a business sale and transition.

Your source for information on selling and buying businesses in southern Minnesota.

Provide professional, knowledgeable representation to clients during the process of selling or buying of privately held businesses.

RECESSION PROOF BUSINESS FOR SALE
St. James Dairy Queen in operation since 1951
March 2020 revenue up from March 2019
More than $323,000 Annual Revenue in 2019
$95,000 Net Cash Flow (for 1 full time working owner working 8 months/year)
Purchase price Includes Business, Real Estate, Equipment and current inventory
Training provided

SBA pre-approved loan. Buyer may purchase with as little as 10% down. Now is the time to buy a profitable business.....record low interest rates, no SBA loan payments for 6 months, secure your financial future!

Click here for more info:
https://buildout.com/website/514665-sale

All businesses with less than 500 employees should apply for the PPP. Applications open this Friday. Keep paying your staff and bills with a forgivable loan. I have sat through many webinars this week on these programs so if you have questions please reach out.

Here is a comprehensive outline of the relief programs being offered by the U.S. Small Business Administration (SBA). Please share as it could help someone in need! If a business needs help, contact a Small Business Development Center (SBDC) or apply for services at https://lnkd.in/eAEYYQy.

#smallbusiness #entrepreneur #Minnesota #Mankato #COVID19 #Northmankato #SBA #SBDC #coronavirus

We are still working for you! There are some positive benefits of selling or buying a business right now, please contact me for more info!

We miss you, Mankato! Our office will be closed to the public through Friday, April 10. Our agents and staff continue to work remotely and are available to answer your questions. Our Property Management team continues to service buildings and respond to tenant needs.

See you again soon!

Long time successful business ready for a new owner!

ST.JAMES MN

🔹Turn Key Business
🔹More than $280,000 Annual Revenue
🔹$95,000 Net Cash Flow (for 1 full time working owner working 8
months/year)
🔹Indoor Seating for 16, Outdoor Seating for 10
🔹Newly Paved Surface for Drive Thru
🔹Customer & Employee Restrooms
🔹Purchase Price Includes Business, Real Estate and all Equipment

For more information please vist:https://bit.ly/32v5LeW

bizbuysell.com

Profitable Mexican Restaurant Downtown Food District in Mankato, Minnesota - BizBuySell

New Business Listing! La Bamba Mexican Restaurant For Sale in downtown Mankato. $165,000 for business, inventory and FFE. Lease has 1 year term left with 5 year option to renew.
5 employees willing to work for new owner. Excellent revenue and profit history. Contact me at [email protected] for more info.

bizbuysell.com Mankato, MN:La Bamba is a Mexican restaurant located in the Central Business District of downtown Mankato, MN. This is a turn-key business ready for new ownership. New owners may keep the La Bamba brand and transfer the lease of the 2,068 SF space.

Mary Lue's Yarn & Ewe our locally loved yarn, knitting and gift shop since 1965 will be going out of business this coming December 31st. If you know of anyone that may want to take over ownership for the wholesale value of inventory, please reach out to me at [email protected]

Coldwell Banker Commercial Fisher Group

We are proud to work with owners like Peggy of Mary Lue's Yarn & Ewe -- Helping them sell their business, but keep their legacy intact. Thank you for the story, Free Press Media!

Looking for a Certified Business Broker to help with your succession planning? Contact April Femrite - Coldwell Banker Commercial, Fisher Group.

Coldwell Banker Commercial Fisher Group

Looking for a succession plan with your business?
Want a new business venture, but prefer an established brand?
Contact our CBI, April Femrite - Coldwell Banker Commercial, Fisher Group for a consultation or showing today!

#BusinessForSale #BusinessBrokerage

LOOKING TO MAKE A BIG IMPACT IN OUR COMMUNITY WITH MINIMAL TIME COMMITTMENT? I'm always looking for volunteers and/or financial donors for our local Junior Achievement of the Upper Midwest programs. JA provides mentors to help our kids improve their financial literacy and entrepreneurial skills along with preparing them to be more successful in their education and career choices. All kids in Mankato, St. Peter, Cleveland, Maple River, Eagle Lake, St.Clair, New Ulm and Lake Crystal receive JA programs in their classrooms for free! Now serving over 10,000 students grade K-12 we need your volunteer or financial support to keep these programs running smoothly. Please reach out to me at [email protected] to get involved!

buildout.com

Business For Sale - Mary Lue's Yarn & Ewe

NEW LISTING! Mary Lue's Yarn & Ewe is now on the market for the first time in history! Locally loved yarn, knitting and gift shop since 1965, the owner has decided to retire from this long operating family business.
Consistent Revenue and Loyal Customer Base
Purchase Price Includes ALL INVENTORY & FFE
Real Estate/Lease Not Included In Sale - Opportunity to Relocate!
List Price $90,000 with option for seller financing

buildout.com Have a passion for knitting or crocheting? Mary Lue's Yarn & Ewe is now on the market for the first time in history! Locally loved yarn, knitting and gift shop since 1965, the owner has decided to retire from this long operating family business. Loyal clientele established over the decades with over...

buildout.com

Guardian Inn Motel

CALLING HOSPITALITY INVESTORS! Guardian Inn Motel business for sale in Windom, MInnesota. Highway visibility with three buildings/ 39 units (32 with attached garages). Approximately half of the units have been remodeled. Prime redevelopment opportunity for apartments, assisted living or other extended-stay uses.

Appraised for $1,900,000 (2015), currently priced well below market value at $1,190,000.

Visit website listing link for more info:
https://buildout.com/website/540055-sale

buildout.com

buildout.com

Auto Center - Business For Sale

NEW LISTING! Mankato Area Full Service Auto Repair Center for Sale. Year over year growth with annual sales over $1.3M. Loyal clientle keeps coming back for outstanding service. Business purchase price $495,000 with owner cash flow over $170k. Option to lease space or purchase building. Click below for more info!

buildout.com This full service automotive repair shop is located near a busy retail intersection with high traffic counts and visibility. Property layout includes 6 bays with 2 scissor lifts and 3 hoists, above ground and underground storage, owner/manager office and customer reception area. This business has lo...

Coldwell Banker Commercial Fisher Group

We are proud to have April Femrite - Coldwell Banker Commercial, Fisher Group's Business Broker and Agent compete in this years' LEEP Legends 2019 - Weelborg Chevrolet vs. CCF Bank! Come help us cheer her on July 17th as she takes the field at Franklin Rogers Ballpark!

Buy tickets or donate now: https://bit.ly/2YGccJs

buildout.com

St. James Dairy Queen Business & Property for Sale!

NEW LISTING! The St. James Dairy Queen has been in business since 1951 and is ready for a new owner. Price is $299,000 and includes real estate and all equipment. Work 8 months out of the year and take home over $95,000.....sounds like a sweet deal to me! Please click below for more info.

buildout.com TURN-KEY BUSINESS FOR SALE! This Dairy Queen has been operational since 1951 and owned and operated by seller since 2003. Currently, the business is open 8 months out of the year, Monday - Sunday 11am to 9pm. This location serves all of the DQ treats along with Orange Julius smoothies, sandwiches, h...

Make sure you are not waiting until the last minute to decide your business exit strategy. Your succession planning should begin the day you become a business owner.

The 2019 Q1 Market Pulse Report found a high percentage of business owners did not have an exit strategy in place when it came time to sell their business. Learn more about the findings and access the executive summary here:

https://www.ibba.org/resource-center/industry-research/

Congratulations to Heather, Sara and Mary as they embark on new adventures!

I am excited to introduce you all to Sara and Mary, the NEW OWNERS of Salvage Sisters! I’ve spent the last 6.5 years pouring my heart into the store and Old Town Mankato and loved all the amazing opportunities I’ve been given, the friendships I’ve made and the experiences I’ve gained at the store. It was a difficult decision for me to list the store for sale but as some of you know, I am first and foremost an Interior Designer and I took a full time position with Oleson + Hobbie Architects LLC a wonderful local firm and I am expecting a baby very soon so I decided it was in the best interest of the store to find someone who would be able to carry the torch! To my surprise my business broker, April Femrite, QUICKLY found not one but two amazing women who couldn’t be more perfect for Salvage Sisters! It makes walking away from years of hard work easier because I am certain that the new owners will not only continue to operate the store, they will bring new vibrancy and excitement! I couldn’t have hoped for a better fit and I know that your experience at the shop will be a great one as they continue to offer the things you love! I want to thank all our loyal customers, artists, supporters, cheerleaders, friends and family that have helped the success of the store over the years. I truly am grateful for all of you. I wish Sara and Mary much success and I am excited to watch where they choose to take Salvage Sisters!
Much Love,
Heather & Family

IBBA - International Business Brokers Association

When it’s time to sell your business, you'll want to be prepared for a smooth transition of ownership. Refer to these six key questions and reach out to a professional business broker for these answers and more!

Coldwell Banker Commercial Fisher Group

🔹🔹🔹Happy National Small Business Week!🔹🔹🔹
Coldwell Banker Commercial Fisher Group is here to turn your small business dreams into a reality! We pride ourselves on helping all sizes of businesses thrive in today's marketplace. Need help getting established? Contact us for...
🔹Business Brokerage
🔹Sales/Leasing of Commercial Real Estate
Not quite ready to buy/sell/lease? Contact our neighbors at the Small Business Development Center - Minnesota State University, Mankato

#smallbusinessweek #cre #businessplan #entreprenuer

Small Business Development Center - Minnesota State University, Mankato

Join the SBA for the National Small Business Week Virtual Conference. This free online conference, held May 7 and 8 from 11 am to 5:30 pm ET, will offer exclusive educational webinars, mentoring sessions, networking opportunities and downloadable resources. You will hear from industry experts, such as Visa, Chase, Constant Contact, Square and Google about the latest business trends and best practices. See below for a list of all webinars.
Register now to get all of the best parts of an in-person conference – without the steep price tag (and the hassle of traveling)!
Register today: https://www.sba.gov/national-small-business-week/virtual-conference?utm_medium=email&utm_source=govdelivery

Business opportunity in charming Amboy, Minnesota. The owner of Graf Home Furnishings is ready to retire and needs someone to carry on the 70 year old legacy. Priced at only $86,000, this profitable furniture store includes all inventory and displays. Option to lease or purchase the building for an additional $75,000. Visit https://buildout.com/website/460992-sale for more information.

Fairmont Sentinel

Congratulations to the Steuber family on their opening weekend as new owners of the Dairy Freeze Fairmont. This would make a great road trip to taste some of the best ice cream in the state of Minnesota!

Dairy Freeze has been a favorite of Fairmont’s for decades.
http://www.fairmontsentinel.com/news/local-news/2019/04/18/steubers-serve-up-change-at-dairy-freeze-in-fairmont/

buildout.com

Established Specialty Boutique

New listing! Specialty retail store in Southern Minnesota. Turn key and ready to go for new owner. Fullfill your dream of running your own shop!

buildout.com Specialty retail store in southern Minnesota with a loyal customer base, substantial social media following and online presence offering a true boutique style experience for those who love to shop "local". The brick-and-mortar storefront offers an inviting ambiance in an up-and-coming neighborhood,....

New Mankato Restaurant

Congrats to Emily Yang for following her dream of opening her own restaurant! Emily bought out Asian One in University Square, Mankato and will debut with her new concept in the upcoming weeks.

April Femrite - Coldwell Banker Commercial, Fisher Group's cover photo

SOLD!

Congratulations to Mike Stueber of Fairmont on the purchase of Dairy Freeze Fairmont! Wishing you a first "sweet" season!

You may have missed out on this gem of a business but do not worry, there are more great business opportunties coming soon. Be on the lookout for another ice cream shop, a boutique gift shop and an auto care center that will be for sale in our southern MN region.

Coldwell Banker Commercial Fisher Group

We are searching for our next front-desk rockstar!
Do you have exceptional attention to detail?
Want to work in a fun and fast paced environment?
Enjoy working with a variety of people and projects?

Qualified applicants send cover letters and resumes to [email protected].
#hiring #jobsearch

Small Business Development Center - Minnesota State University, Mankato

Small businesses sold at a record pace in 2018 and are expected to remain a hot commodity this year.
https://finance-commerce.com/2019/01/small-businesses-a-hot-commodity-in-2018/

I have several buyer clients looking to purchase profitable retail, service or manufacturing companies in Southern Minnesota. Please reach out to me if you know of anyone looking for an exit strategy out of their business. [email protected]

[01/12/19]   Have a client looking for a service or manufacturing based business. Price range up to $500,000 with at least $70,000 net owner earnings. Any potential sellers please contact me!

April Femrite - Coldwell Banker Commercial, Fisher Group's cover photo

issuu.com

January-February 2019

Thank you Connect Business Magazine and Lisa Cownie for taking the time to listen and publish my business story. If you would like to learn more about how I can help business buyers and sellers please check out pages 24 and 25.

issuu.com Brian Stark of B. Stark screen printing and embroidery in Mankato; Action Sports and Action Track Chair of Marshall; LCS Precision Molding; Entrepreneur Mari Harries of River City Eatery in Windom.

It's time for your Q3 Market Pulse survey conducted by the IBBA - International Business Brokers Association.

Small business confidence is at an all time high!
Valuation multiples remain stable or increasing in most markets. 2 x owner cash flow for businesses selling under $500,000; 2.8x for businesses $500k - $1M and 3.3x for businesses selling for $1-2M. This is the average price for the business only, not real estate. Multiples vary by industry.

Retirement continues to be the leading factor in the reason to sell but over 67% of sellers did not do any business succcession planning before putting their business on the market. However it takes an average of 7 - 10 months to close a business sale once it goes to market.

Only about 18% - 30% of businesses that are for sale will successfully close. Working with an IBBA or M&A Source advisor—professionals who reinvest in continuing
education and industry networking—roughly doubles your chance of selling your business.

If you have ever considered selling your business, I have so much information to share with you. Please contact me for a free consultation!

April Femrite - Coldwell Banker Commercial, Fisher Group's cover photo

April Femrite - Coldwell Banker Commercial, Fisher Group's cover photo

The Free Press of Mankato MN

More great press for the Mankato West Entrepreneurship class and the Junior Achievement of Greater Mankato program! If you would like to support these student businesses please consider purchasing their products: www.19oklost05.wixsite.com/trapperinc and https://www.instagram.com/doubledongles/. Trapper Inc can also make custom decals/stickers for any business, organization or club (current clients include Mankato West Senior High School and Mount Kato).

Junior Achievement also helps build entrepreneurs at East High School, St. Peter High School, Kato Public Charter School and Loyola Catholic School.

lonelyplanet.com

Belize travel - Lonely Planet

Belize. Best in Travel 2019

lonelyplanet.com Explore Belize holidays and discover the best time and places to visit. | With one foot in the Central American jungles and the other in the Caribbean Sea, Belize may be small but it's packed with adventure and culture.

ABOUT ME

Provide professional, knowledgeable representation to clients during the process of selling or buying of privately held business

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424 N. Riverfront Drive, Suite 200
Mankato, MN
56001
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