VR Mergers & Acquisitions Charlotte Completes Sale of Major Asphalt and DOT Paving Businesses
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VR Business Sales, Mergers & Acquisitions of Charlotte, North Carolina has just closed on the sale of two asphalt plants owned by Carolina Material Sales, Inc. of Hendersonville, North Carolina along with the paving divisions of Moore and Son Site Contractors, Inc. of Arden, North Carolina and Young & McQueen Grading Company, Inc. of Burnsville, North Carolina. Rogers Group, Inc located in Nashville, Tennessee was the purchaser. Brad Offerdahl, Owner of the VR office in Charlotte, represented the three selling entities on the transaction.
Carolina Material Sales, Inc. is a major provider of hot mix asphalt in western North Carolina with plants in Hendersonville and Burnsville. Moore and Son is a leading site and paving contractor in the Asheville, North Carolina area. Young and McQueen is a major site and paving contractor working in various Western North Carolina markets.
Founded in 1908, Rogers Group, Inc is the largest privately held crushed stone producer in the nation with 1,600 employees and approximately 80 locations spread over a 6 state area. Offerdahl and VR Charlotte facilitated in all phases of the transaction, from the initial analysis through closing. Details were not disclosed.
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U.S. Economy Rises to Pre-Recession Levels
Personal Consumption and Exports Contributing to Recovery
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 After three years caught in a recession, the economy is finally returning to levels seen prior to the crash in 2008 according to the Bureau of Economic Analysis. In their preliminary reports, Real GDP has risen to a pace of 3.2%, more than the 2.6% reported in the 3rd Quarter. Six consecutive months of continual economic expansion has been partly the result of real output being above the pre-recession levels.
The economy's growth has been due to growing personal consumption of durable goods, up to 4.4% compared to 2.4% in the 3rd Quarter. Exports have also contributed to the gains that the economy has had.
With consumer confidence growing and the economy rebounding, the rise in demand has also occurred with prospective entrepreneurs looking for business opportunities.
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Separating Yourself from the Market
Creating an Innovative Strategy for Your Business
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 Strategy is fundamental in creating significant value in your business, and leads to sustained growth and returns.
To create a successful strategy, you must ensure that it has the following:
- Uniqueness;
- Ability to create new markets;
- Provides elements that inspire excitement and intrigue;
- Focus on specified markets;
- Employee-driven value.
Click Here to Read the Full Article.
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Preparing for the Unknown
Why an Exit Plan is Critical when the Time Comes to Sell
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 Every business owner should have an exit plan in place. If you currently own a business, you know as every other successful entrepreneur knows that you won't be doing this forever. You want the value of the business to stay high so you can attract qualified buyers to take over ownership and expand whenever you decide it's time to sell. In order to ensure this happens, have an exit plan in place so you will be able to sell your business for the price you desire.
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Franchisor of the Month
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 Blending a relaxing spa with a trendy retail store, Faces365 is a destination for skincare needs. The lobby features cutting edge, botanically-based skincare products, while the spa services keep you looking your best every day with facials, face and body waxing, microdermabrasion and more.
We are the only master franchise to offer facial services (facials, microdermabrasion etc.) with full service face and body waxing, using a membership model to develop and sustain a strong revenue base.
The Franchise Showcase is designed to support individual franchises and existing small business owners by making franchise ownership more affordable.
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THE VR BLOGGER
Ensuring Your Business Retains Its Value when Looking to Sell
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Owning a business takes a lot of hard work and dedication. Most of all, you need to have a passion for what you do on a daily basis - managing the business effectively, handling day-to-day operations, attending to situations when they evolve, etc. Like anything in life, your ownership days have a start and an ending point. The latter of which can happen at any time. This can lead you to decide it's time to sell the business to someone else.
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Highlighted Transactions
And New Engagements
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SUCCESSFUL TRANSACTIONS
Auto Body and Collision Franchise
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VR Business Sales of San Diego, California, a leader in the sale of privately-held companies, recently facilitated the strategic sale of an auto body and collision franchise.
The transaction, which closed this month, was handled by Ken Oppeltz, a business intermediary specialist.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries.
VR has sold more businesses in the world than anyone®.
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SUCCESSFUL TRANSACTIONS
Specialty Dessert Wholesaler
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VR Business Sales of Cincinnati, Ohio, a leader in the sale of privately-held companies, recently facilitated the strategic sale of a specialty dessert wholesaler.
The transaction, which closed this month, was handled by Daniel Long, a business intermediary specialist.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries.
VR has sold more businesses in the world than anyone®.
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NEW ENGAGEMENTS
Established Logistics Company
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VR Mergers & Acquisitions located in San Francisco, California, announced today it has been engaged by an established logistics company to assist in facilitating the sale of their business.
This Company provides high quality logistics, transportation, and consulting services to the global high-tech community since 2000. Go to the VR Web Site for further details. VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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NEW ENGAGEMENTS
Carpet & Upholstery Cleaning Business
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VR Business Brokers, located in Chattanooga, Tennessee, announced today it has been engaged by a carpet & upholstery cleaning business to assist in facilitating the sale of their business.
This is a profitable, long-standing, carpet, rug and upholstery cleaner business. The owner developed the business from just a sole operator into one consisting of several units. Click here for more details.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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Now is a Great Time to Become Part of VR!
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 With baby boomers selling their businesses to retire, corporate executives frustrated with their jobs and managers looking to buy a business to replace their corporate position, NOW is a great time to become part of VR!
VR Office
Artesia, California
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VR Global Headquarters
One East Broward Boulevard
Suite 1500
Fort Lauderdale, FL 33301
Phone (954) 565-1555; Fax (954) 565-6855
http://www.vrbb.com
Copyright © VR 2009-2011
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Ask a VR Intermediary?
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Robert McCormack
Owner, VR in Wyomissing, PA
How Do I Maintain a Strong Cash Flow for my Business?
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Successful cash management requires you to regulate the money that's flowing in and out of your business. Keeping sudden spikes or drops at bay is the essence of maintaining smooth cash flow. The more predictable and consistent it is, the easier it is for you to plan and budget for future growth.
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