Darrel Damhof

Murphy Business & Financial Corporation

License Number: 40318144

Phone: Show Phone Number

Fax: 952-303-3928

Contact Broker

Please confirm you're not a robot

250 Prairie Center Drive, Suite 101
Eden Prairie, Minnesota 55344 (View Map)

Affiliated Broker
Patrick Steffl

About the Company

Murphy Business and Financial Corporation is one of the largest and most trusted business brokerage firms in North America. Patrick is owner of Murphy Business of Minnesota, LLC

Broker Biography

Darrel Damhof (612) 685-4757


Darrel has 40 years of business and banking experience which includes over 32 years in management. He spent 25 years with Norwest Bank (now Wells Fargo Bank). In the first 18 years, he worked in commercial banking where he provided credit and non-credit services to small, medium, large and multinational corporations. During this time Darrel managed three different commercial banking divisions. In his last 8 years at Norwest, he managed an institutional trust department with 7 different business units that had annualized growth of 22% in revenue and over 40% in profits. Over the next decade, Darrel became an entrepreneur and at one point was involved in the ownership and management of three different businesses. He has managed through a variety of economic times in both banking and business ownership.

Darrel has his Bachelor’s Degree in finance from the Carlson School of Management (University of Minnesota). He is also a graduate from the Graduate School of Credit & Financial Management at Williams College in Williamstown, MA. Darrel and his wife, Jo, live in Plymouth, MN and have two grown children. He is a golf enthusiast and has played a number of courses throughout the US and in Ireland and Scotland.

Services Provided

Darrel understands both the excitement and the stresses of business ownership. He has seen businesses from both sides of the desk and can be a real asset to the business owner making his plans for the future whether that includes selling his business or expanding it.

Darrel can help you properly value your business, will put together the marketing package to present your business to qualified buyers, and can help facilitate the discussion with the buyer's bank to finance the transaction.

Areas Served

  • Hennepin, MN
  • Ramsey, MN
  • Dakota, MN
  • Scott, MN
  • Anoka, MN
  • Licensed In

    • Minnesota
    • 40318144

    Business For Sale Listings

    Cash Flow: $243,634 
    Successful Suburban Custom Cabinet Manufacturer for Sale Custom Cabinet Manufacturer with 40 years of experience for sale! Includes Real Estate

    For almost 40 years, this successful custom cabinet business located in a Twin Cities suburb has been creating quality cabinetry for the home. Their cabinets are made for kitchens, baths, home offices, fireplaces & entertainment centers, bars, mudroom & laundries, hutches & furniture and built-in storage. Their process starts with understanding the customer's needs, creating the design that fills that need, drafting the cabinets and the design layout, constructing the cabinets with attention to detail and finally having skilled installers install these custom cabinets into the customer's home. More info

    Cash Flow: $163,106 
    High End Bridal & Formal Wear Store for Sale Successful ladies' high fashion, high volume store for sale!

    This very successful ladies' high fashion, high volume store has been operating for almost 40 years providing high quality, full service and exclusive fashions from some of the best bridal & formal wear designers in the world. The store draws high end buyers from the surrounding five states. They have a very knowledgeable and long term staff to service their customer base. The company also participates in a number of trunk shows that show off the new fashions and increases their market image. EACH POTENTIAL BUYER WILL NEED TO BE APPROVED BY THE OWNER PRIOR TO ANY ADDITIONAL INFORMATION BEING PROVIDED. More info

    Cash Flow: $114,136 
    Popular Greenhouse & Garden Center for Sale Profitable Greenhouse, Nursery, and Garden Center for Sale! Includes Real Estate

    This greenhouse, nursery and garden center is centrally located in Minnesota along a busy highway. The business was started over 70 years ago and has a strong reputation for growing quality plants with a customer base spreading over 100 miles from it's location. The business produces annuals, perennials and vegetable potted bedding plants along with unique mixed containers and numerous hanging baskets. The owners start their planting season late February and are open for retail sales from May 1st to mid-July. The business operates in 45,000 square feet of greenhouse space with another 10,000 square feet of permanent building all located on More info

    Cash Flow: $397,793 
    Hennepin Co., MN 
    Twin Cities Commercial HVAC Company for Sale HVAC Company with over 30 years of quality service and continued sales growth!

    This Twin Cities HVAC company provides repair and replacement services for heating, ventilation, cooling and refrigeration needs for commercial, industrial, property managers and multi - unit housing buildings. The company was started 30+ years ago and has a stellar reputation for service and responsiveness to their customers. Their business is 100% commercial business. There is no residential business by desire. Most of their customers are repeat customers, having used this company for their repair and replacement needs for years. Their long term customer base has grown to a point that the demand for service is difficult to meet. The company does not do new construction. Year-to-date More info

    Cash Flow: $58,377 
    Liquor Store in Growing Community Successful liquor store open since 2007 for sale!

    This successful liquor store has been open since 2007 with sales annually over $1M. Fine-tuned inventory mixed between wine, liquor and beer meets the needs of 95% of the customer's desires. Store has been voted the Readers Choice Best Liquor Store 8 years in a row by the readers of the local newspaper. It has as been selected as one of the Top Three Finalists for Best Liquor Store in the southwest metro area.The store has 3,600 sq ft in a 13,000 sq ft strip center. The liquor store has a unique layout that is inviting and uncluttered. Other building tenants are mostly national franchise businesses.An off-sale liquor license in required to operate the store. Retail experience is a plus for a More info

    Own this Ladies Boutique for the Value of the Assets Ladies' fashion boutique for sale!

    MOTIVATED SELLER!!! Own this ladies fashion boutique for the value of the inventory and the store fixtures & equipment. This store opened in 2007 and has been located in a brick and mortar building on a traditional "small town America" downtown street in a northwestern suburb of the Twin Cities. The ladies fashions sold are all American made styles. Fashionable accessories like necklaces, earrings and hand bags are offered to go with the stylish clothing. The store also sells a full line of mixologies for bath bombs, perfume and luxury lotions. The current owner runs the store with very limited part time help. More info

    Contact Broker
    Please confirm you're not a robot