Dick Halterman CPA

Murphy Business & Financial Corporation

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Fax: 540-248-8888

halterman-murphy.com


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2269 Lee Highway,
Mount Sidney, Virginia 24467 (View Map)

About the Company

Over 20 years experience in Business Brokerage. If this isn't a win for EVERYONE, it isn't a win for ANYONE.

Murphy Business is one of the largest business brokers with offices in North America. Professional experienced intermediaries provide the following unsurpassed brokerage services:

We uncover the Best Franchise Opportunity for a buyer
Skilled intermediaries provide assistance in Mergers and Acquisitions.
Our experienced Commercial Real Estate Brokers assist with site selection
Business Valuation Services performed by qualified professionals
Our affiliations with National and International Business Brokerages and Merger & Acquisition associations assure sellers the best exposure when Selling a Business or Buying a Business
Experienced certified appraisal professionals perform Equipment Appraisals
Murphy Business has a local presence in the Central Shenandoah Valley, Virginia market with strong connections in Staunton, Harrisonburg, Waynesboro, Lexington, Blacksburg, Clifton Forge, Buena Vista, Covington. A strong presence in the community provides insight into the local market. Murphy Business deals with local companies on a daily basis, which helps them gain respect and grow experience in the Central Shenandoah Valley, Virginia community.

According to Forbes.com, Virginia has been ranked as the Best State for Business for three straight years based on business costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. The Valley is blessed with beautiful mountains and rivers and offers abundant outdoor opportunities in state parks, natural areas and national parks making life outside of work an absolute pleasure.

Broker Biography

Dick Halterman CPA (540) 248-8899

Introduction

Richard comes to Murphy with over 33 years in finance and accounting. Upon his graduation from Virginia Tech in 1974 with a degree in Accounting, he began his career in a Public Accounting firm. While there he achieved his CPA and worked his way to partner with a staff of over 10 in his 14 years at the firm. His exposure with the firm allowed him to see a myriad of different businesses and a multitude of different accounting systems.

His responsibilities included preparation and review of compiled, reviewed and audited financial statements. He also prepared and reviewed income tax returns for individual, corporate, partnership and LLCs. His duties also included consultation, management advisory services, payroll services, monthly accounting services and consultation with regard to estate and gift taxation.

In 1988, he along with two other investors created a start up wholesale electrical supply company that successfully grew in sales, net earnings and sellers discretionary cash flow for each of the eight straight years he was a stockholder of the Company. His duties in this venture started with formulation of the business plan and securing debt and equity capital needed to start the business. Subsequent to start up, his duties consisted of controller and accounting manager responsibilities.

In 1996, he sold his interest in the electrical supply company and became a partner with Gordon H. Watkins of Old Dominion Business Associates, a successful Business Intermediary which had been around since 1981. He and Gordon successfully acted as an Intermediary helping their clients successfully value and sell their small and medium sized businesses. They have also consulted with countless other companies to position their businesses in the most advantageous light maximizing the value of their Company. In particular, Mr. Halterman has assisted many companies in debt restructure/refinancing, accounting services, tax return preparation and management advisory services.

He was born and raised in the Shenandoah Valley and has always been an active member of a multitude of church and civic organizations. He and his wife Sally currently reside in Fort Defiance, VA.

Services Provided

* Provide initial consultation free of charge (up to 2 hours)
* Business Sales Representation
* Buyer Representation
* Certified Valuation of Going Concern Business Entities
* Machinery and Equipment Appraisal

Areas Served

  • Shenandoah, VA
  • Rockingham, VA
  • Nelson, VA
  • Amherst, VA
  • Alleghany, VA
  • Augusta, VA
  • Rockbridge, VA
  • Albemarle, VA
  • Harrisonburg city, VA
  • Winchester city, VA
  • Professional Affiliations

    Certified Public Accountant - a rare find in a Business Intermediary
    Member of the Economic Development Authority of Augusta County
    Member of Various Board of Directors up and down the Valley.

    Business For Sale Listings

    $395,000
    Cash Flow: $161,945 
    Harrisonburg city Co., VA 
    Heating & Air - Northern Shenandoah Valley Great Business with big time growth potential and priced right.

    This is a thriving business that relies almost exclusively on growing their business organically through offering quality service with a goal of zero call-backs. There is a strong employee morale and prevailing work ethic among every employee. They have experienced phenomenal growth in recent years and from an Organizational aspect, could use a strong leader at the top to take them to the next level. More info

    $975,000
    Cash Flow: $207,940 
     
    Diesel Repair Shop This Business is ready to burst wide open with growth. Includes Real Estate

    The Business began with the owner starting out on his own and has a 30 year history of rendering quality services. Presently, the business has an established customer base and serves customers within a 10-mile radius and of course, others beyond that primary area. They perform a variety of services from automobiles to heavy trucks and tractor trailers. Their work includes gas engines as well as diesel trucks. More info

    $750,000
    Cash Flow: $345,274 
    Harrisonburg city Co., VA 
    Commercial and Industrial Painting Contractor This business is a license to make money!!

    This is a family business that was started nearly 70 years ago and has been successful as a result of rendering quality work and having satisfied customers. More info

    $425,000
    Cash Flow: $158,931 
    Fredericksburg city Co., VA 
    View Details 
    Iconic Bar & Restaurant in Prime Location

    The Restaurant is a classic, casual American restaurant with a loyal customer base. Importantly, the restaurant has grown steadily over the past 2 ½ years under the current ownership with improved revenue and profits in each year and projected revenue and profits for the current year to exceed previous years significantly. The restaurant is owned and operated by a small group of experienced business-men and women, two of whom have extensive restaurant experience. The improved performance is a result of attention to detail, a well-trained wait staff and importantly, quality food prepared by experienced chefs and prep staff. More info

    $349,500
    Cash Flow: $162,418 
    Harrisonburg city Co., VA 
    View Details 
    Nationally Known Auto Franchise - Work On It, Not In It

    Do you want to own your own business? Do you want an auto shop where you aren't the one in the grease? Do you like stable cash flow in good times and bad? Do you want the strength of a national franchise that is a proven winner? Do you want the hottest location in this town? Do you want a large auto repair shop where your job will be to work on it, not in it? Do you want to live in the beautiful Shenandoah Valley? Do you want only work Monday through Friday and not Saturday and Sunday? Do you want a business where your marketing efforts will make a difference? Do you want the franchise life where the recipe for success is right in front of you? Do you want a workforce already in place? Are More info

    $430,000
    Cash Flow: $166,792 
    Harrisonburg, VA 
    View Details 
    Harrisonburg Refrigeration Service

    This profitable commercial refrigeration company was started over 70 years ago as an appliance sales and service business when very little refrigeration equipment even existed. Over the life of the company it has become the premier commercial refrigeration sales and service source for many businesses throughout the 4 county market that they serve. More info

    $1,950,000
    Cash Flow: $264,947 
    Virginia 
    View Details 
    Profitable Assisted Living with Big Private Pay Opportunity

    This very profitable Home has thrived serving primarily the AG community allowing it to be nearly full all the time. While there is a super strong market for this niche of residents, subtle improvements and changes would allow a new owner to move the home to private pay in the mid-range area of approximately $2,500 to $3,500/month. Keep in mind, there is also a serious lack of rooms in this price range. The current cash flow to the owner is in excess of $220,000 per year. Even if a third of the beds were moved to private pay at $2,500/month, the cash flow could conceivably increase by yet another $200K per year (16 x 1,100 x 12). If the new owner were to be an administrator-owner-operator, More info

    $450,000
    Cash Flow: $144,353 
    Virginia 
    View Details 
    Landscape Lighting Design, Installation and Maintenance

    This Business Has Unlimited Growth Potential, An Outstanding Reputation and an Awesome Customer Base.An established, well respected and profitable specialty Outdoor Lighting business that custom designs, installs and maintains outdoor lighting systems that accent the architectural features of magnificent homes, landscapes and outdoor living areas as well as businesses. The company can make just about anything look beautiful at night with subtle and elegant lighting effects produced by their lighting systems. The Company has over 1,200 happy customers with over 28,000 lights installed. The company has historically focused on the highest valued homes within the Commonwealth of Virginia More info

    $995,000
    Cash Flow: $39,416 
    Virginia 
    View Details 
    True Value Building & Land Included, Prominent Location

    The hardware store comes with not only a big showroom but ample space in and around the land that is owned by them to add a variety of other opportunities. Other than the existing hardware store, the facility is amply suited for other such drawing attractions as Christmas tree sales, farm related products, produce stands, flower, shrub and tree sales, farmers market and perhaps a line of small implements such as zero turn mowers, lawn mowers, weed eaters and the like. This location makes them a premier spot for convenience hardware as they have no competition within a 5 mile radius of the center of town and no competitors from the center of town and roughly 10 miles going west.Existing More info

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