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Broker Biography
Introduction
Glen Toadvine has successfully represented business sellers since early 2000, having completed many transactions stretching across a variety of industries. His solid business knowledge coupled with his nearly three decades of industry experience and his ability to research any industry to determine price points and price trends in the marketplace enhance his many strengths as a business broker. Negotiations and facilitation of timely deal closings are additional attributes.
Mr. Toadvine takes pride in both his interest and his ability to gain solid knowledge of the businesses and business owners that he represents. Mr. Toadvine has the capability to locate the “right buyer” which he defines as ‘having the skill sets and resources to pay the best price for the business while offering the optimal chance for its future growth and success’.
Prior to his business brokerage career, Mr. Toadvine was in senior management roles for over 25 years in a number of industries throughout the Eastern United State and abroad. He was fortunate to have had industry experience in start-ups, turn-arounds, and buy side and sell side mergers and acquisitions. His broad background and deal experience provide the platform to develop and implement powerful marketing packages for his clients.
With a degree in Business Administration, Mr. Toadvine is past President of the Michigan Business Brokers Association at the State Level and SE Michigan Chapter. As a former business owner, Mr. Toadvine has the background and business strengths to create a vision, sell ideas and facilitate a seamless change for his clients. He lives in Southeast Michigan with his wife, Sandy. They are now empty-nesters having enjoyed raising two sons, and now also having 5 grandchildren.
Services Provided
After a 25-year career in corporate management, most of which were for privately businesses, Glen has confidentially sold businesses with revenue from $500,000 to $25.0 million, returning hundreds of millions of cash to his clients, since 2004. Greater than 50% of the business sold were in manufacturing, others include distribution, B2B and healthcare services. Most of the sales come from owners ready to retire, many included the business and property which may be combined in a transaction. The majority of the buyers are strategic investors, looking for a good company with good people, often times paying a premium for the business.
Areas Served
Business For Sale Listings
Cash Flow: $600,000
Washtenaw Co., MI
View Details CNC Specialty Machining, and Assembly - SE MI.
This highly regarded Southeast Michigan business offers streamlined operations, a skilled and productive workforce, and a strong, long-standing, and diverse customer base.The majority of revenue is derived from CNC machining and the manufacturing of metal products. Customers range from small shops to multinational corporations, with one key client dating back to the company’s founding and several others maintaining relationships for over 20 years.Products serve a wide array of industries, including heavy equipment, machine building, replacement parts, aviation, food processing, and more.The business is offered as a turnkey operation, inclusive of equipment, customer lists, established systems, and facility improvements, on a cash-free, debt-free basis. The CNC metal-removing equipment alone was recently appraised at a fair market value of more than Less
