License Number: 009292000
Phone: Show Phone Number(520) 750-1132
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5055 E. Broadway Blvd., Suite C-214,
Tucson, Arizona 85711 (View Map)
Michael Abbinante (520) 750-1132
Michael Abbinante consistently ranks among the top five Business Brokers in the State of Arizona. In 2012, the most current data published by the Arizona Business Brokers Association, Michael finished first in the number of businesses sold and third in the dollar volume of businesses sold.
Michael is a graduate of the University of Dayton (Ohio) with a degree in Accounting. While working for Price Waterhouse, he passed the CPA exam.
In 1983, Michael opened a Business Brokerage Firm in Cleveland, Ohio. After selling a "Mid-Size" Company in Tucson in 1988, he relocated here and started a Business Brokerage Practice. His firm has been located in the Executive Suites at New World Plaza since 1989.
Michael has personally brokered (sold) 486 businesses. Prior to discontinuing the rendering of Professional Business Valuations (Appraisals) in 1998, he had completed and rendered 118 such Appraisals.
CERTIFICATIONS: Besides having been a Certified Public Accountant (Ohio), Michael was previously a Certified Business Intermediary (CBI), which is an accreditation through the International Business Brokers Association. At the time of Mr. Abbinante holding this designation there were only 489 such CBI's worldwide.
CURRENT ORGANIZATIONS: American Institute of CPA's, Arizona Business Brokers Association, Executives’ Association of Tucson, and a member of the Tucson Commercial Brokers' Roundtable.
PREVIOUS COMMUNITY ACTIVITIES: Board Member of Beacon Foundation of Tucson, Board Member of Goodwill Industries, and Past President and Board Member of the Kachina Rotary Club of Tucson.
HIGHER PROFILE/LARGER TRANSACTIONS: Saguaro Potato Chip Co., Air-Cool Pad, Skeeles Engineering, Famous Sam's, Cuppuccino's, Mary Pechin's Art Company, Chocolate Iguana (3 locations), Desert Digs Landscaping, Merrit Tool and Gage, Allstate Transportation, Tucson Precision Engineering, Po Folks Restaurant (Sierra Vista), Adventure School, Frontier Towing, Pyramid Janitorial, Relax-The-Back Stores, the Phoenix and Tucson Offices of the New Horizon Computer Learning Centers, Famous Sam's (2 Locations), ATDA Delivery (Phoenix), Cow Palace Restaurant (Amado), DP Automotive (with 4 Industrial Acres), Cleaning Authority, Cruise America (Tucson), and Learning Labs of Tucson.
This well-established pest-control company is for sale under the strictest of confidence. The breakdown of the business' revenues is: 70% from pest control (with termite inspections and mediations being a small portion), and 30% from weed control services.Owner and owner’s family are not active in the business, which is the reason for this contemplated sale. Currently, there is: 1 office staff/scheduling person, 1 lead technician and 1 route technician. Included in the price of the business is 3 vehicles.Because of licensing and absentee ownership, only existing pest-control companies with the availability to obtain an Arizona Pest Control License will be given consideration for the purchase More info
This well-located casual restaurant enjoys high visibility and is located on a major east-west thoroughfare in a high-income area of Tucson. This easy to operate business serves three meals a day and has a loyal customer base. Menu consists predominantly of American fare items with daily specials. Although the restaurant has a #12 liquor license, the business derives only 10% of its total revenues from the sale of alcohol products. Business has been in existence for over 12 years and enjoys a traffic count of 40,000 vehicles daily. The above stated revenues and profits were obtained from the Business' 2017 federal income tax return. Revenues for the first 4 months of 2018 are 15.5% higher More info
Practice limited to periodontics and dental implants. Scope of periodontal practice includes full range of surgical and non-surgical periodontal procedures with focus on surgical regenerative techniques and site preparation for dental implants. There is a strong emphasis on implant related procedures with the practice consistently placing 240 implants per year.Referrals from general and specialty dental practices account for 50% of new patients, with the balance coming from loyal patient referrals. Staff is stable, efficient and loyal, with two registered dental hygienists of long tenure. The front office manager and personnel along with the two dental assistants range from 5 and 10 years’ More info
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