L. P. Grasso & Company, Inc

Larry Grasso

751 State Street
Schenectady, New York  12307
Phone: (518) 372-6477
Fax: (518) 372-0059
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Company Information:
Established in 1974 as a Commercial Real Estate and Insurance Brokerage Company, since 1980 L. P. Grasso & Company, Inc. focuses on business sales and acquisitions. Today the firm is known and respected for its ability to successfully close the most challenging and complicated transactions.

The mission of L. P. Grasso & Company, Inc. is to match qualified buyers with committed sellers quickly and efficiently. Success is accomplished by listening to the client’s desires and goals while understanding the client’s business and priorities. The unique person-to-person approach to the search process results in matches and facilitates an ideal fit between seller and buyer.

L. P. Grasso & Company, Inc.is proactive, energetic and tenacious in representing clients. The principals offer significant business seasoning. They know their strengths and utilize strategic relationships with professionals in the legal, financial, accounting and investigative fields to better serve their clients. The successful results are effective, accurate, timely and cost efficient to clients.
Areas of Specialization:
L. P. Grasso & Company, Inc. specializes in the purchase and sale of small and medium size, privately held, companies engaged in manufacturing, distribution and business-to-business services. Transactions involve companies with sale values over $2 Million.
Geographic Areas Served:
L. P. Grasso & Company, Inc. is a regional firm in the representation of sellers and a national firm in the representation of business buyers.
Additional Services Provided:
L. P. Grasso and Company, Inc. is affiliated with the oldest and largest business appraisal firm in the nation, a firm that completes more than 700 valuations a year.

As the upstate New York representative of the business appraisal firm, L. P. Grasso and Company, Inc. collects the required data from accountants and business owners in a way that provides an appraisal that is cost effective. Within three weeks from the time the necessary data is submitted the client receives a 100 page report covering all the valuation methods used as well as a suggested range and a suggested price.

L. P. Grasso and Company, Inc. was the first firm in upstate New York offering National Equipment and Business Broker Institute (NEBB) nationally certified appraisals for machinery, equipment, vehicles and aircraft. The process is USPAP compliant and follows a nationally accepted financial, accounting and appraisal standard. The appraisal uses the industry accepted methodology to establish fair market value, orderly liquidation value and force liquidation value. Peer review procedures are incorporated to assure an increased level of accuracy.
Professional Affiliations:
Since 1988, the Company has been a member of NationList, a consortium of 60 business brokers in the United States. This affiliation provides access to potential buyers on a regional, national, and international level. The Firm is also a member in good standing of the New York Business Brokers Association (NYBBA).

The Company maintains professional memberships as Certified Machinery and Equipment appraisers (CMEA) in the National Equipment and Business Broker Institute (NEBB) and the Society of Business Analysts.
Our Most Recent Business For Sale Listings: Location Asking Price Revenue Cash Flow
Convenience store with gas (multiple sites) New York  $700,000  $2,000,000  --
Kennel & Indoor Training Facility on 2+ acres New York  $895,000  $300,000  $175,000
 
 

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