Premium

Michael Lannie

P&L Business Brokers

Phone: Show Phone Number


Contact Broker

Please confirm you're not a robot

113 Ripley Road,
Cohasset, Massachusetts 2025 (View Map)

About the Company

WE ARE A PREMIER BOUTIQUE MERGERS AND ACQUISITIONS (M&A) AND BUSINESS BROKERAGE FIRM. AT P&L BUSINESS BROKERS, LLC, YOU WILL FIND DECADES OF EXPERIENCE WITH TRANSACTIONS – BUSINESS SALES AND DIVESTITURES, BUSINESS ACQUISITIONS, AND REAL ESTATE SALES AND PURCHASES.

WE ARE HERE TO:

MAXIMIZE VALUE

Help business owners maximize the value derived from years of hard work, sweat, stress, and success upon sale of their business.

REALIZE DREAMS

Help interested buyers find existing businesses to make their own and facilitate the entire process to ensure closing of transaction.

BECOME TRUSTED ADVISORS

Provide unparalleled advisory services throughout the entire transaction lifecycle

Our Approach is driven by our dedication to value creation and guided by our four key principles:

1. WALK BESIDE OUR CLIENTS

We seek a true partnership and trusted advisor relationship with each and every client. The sale or purchase of a business is a life-changing event and we aspire to be solid listeners, strong advocates, responsive partners and demonstrate our value as seasoned transaction practitioners. We do not just walk away from the client upon the close of the transaction, but desire a lasting, mutually-beneficial relationship.

2. MAXIMIZE VALUE OF EACH TRANSACTION

Value is, in fact, an opinion and can be defined in an abundant of ways and through the diverse lenses of each client. We don’t seek to only hit financial targets, but to understand and achieve the total value to be derived from the transaction (i.e., spending more time with family, legacy carried forward, etc.).

3. MINIMIZE COMPLEXITY

Transactions are inherently complex, but they don’t have to be a roller-coaster. With our deep experience and calm, pragmatic style, we can eliminate or mitigate obstacles before they materialize and become major roadblocks.

4. MAINTAIN UTMOST STANDARDS OF INTEGRITY

Each party of a transaction will be treated fairly and ethically. Individual character and the character of our firm will not be compromised.

Broker Biography

Michael Lannie (401) 481-2189

Introduction

Michael C. Lannie, CBI

CBI - Founder / President - the "L" in P&L

Michael Lannie is the founding Partner and President of P&L Business Brokers, LLC. Michael has led the sale and acquisition of over 100+ transactions. As an M&A management consultant for over 13 years with PwC, Deloitte Consulting, and EY, Michael has demonstrated an ability to effectively lead his clients, both large and small, through transformational change from strategy development through seamless transaction execution. Sought after not only for his technical capability, but his commitment to being a trusted adviser has given Michael a solid foundation from which P&L Business Brokers, LLC’s clients will greatly benefit from.

Michael holds the prestigious Certified Business Intermediary (CBI) designation. A credential offered through the International Business Brokers Association (IBBA) which provides business owners and prospective owners with comfort knowing they are represented by dedicated and qualified intermediaries.

Since starting his first business while in college, Michael has always been drawn to small and mid-sized companies due to the closeness to the heart of the business. Michael also has acquired a business and is always looking for other acquisition opportunities. Michael’s passion for helping others and leading transactions, coupled with the drive to always deliver value, will continue to differentiate him and P&L Business Brokers, LLC.

Michael received his Bachelors of Science in Accounting from University of Rhode Island and a Masters of Business Administration from University of Massachusetts – Amherst. Personally, Michael lives with his wife, two children, and German Shepherd in North Kingstown, R.I. He enjoys spending time with his family and friends, coaching his daughter and son, and playing baseball himself.

Services Provided

SELL-SIDE:

Our sell-side practice provides comprehensive support to business owners in the sale of their businesses with Main Street and Lower Middle Market transactions.

BUY-SIDE:

Our buy-side practice provides a full suite of services to support interested buyers (financial and strategic) in their pursuit and closure of an acquisition of the RIGHT business.

M&A ADVISORY:

Our Mergers & Acquisitions (M&A) Advisory practice supports transactions greater than $5M and provides full-scale integration or separation services.

EXIT PLANNING:
We assist owners in developing the strategic exit planning roadmap to maximize the value of the exit transition or transaction.

Areas Served

  • Norfolk, MA
  • Providence, RI
  • Newport, RI
  • Bristol, MA
  • Worcester, MA
  • Professional Affiliations

    Certified Business Intermediary (CBI)
    IBBA Member
    MBA

    Business For Sale Listings

    $879,000
    Cash Flow: $338,000 
    Kent Co., RI 
    Established & Highly Profitable Tree Service Company! Tree Service Company with $338k in Cash Flows and >$500k in FFE

    Incorporated in 1987, this highly profitable, full-service tree company has a history of highly satisfied customers. The company specializes in tree removal, tree trimming, stump grinding and firewood supply. Reponsiveness, trust, and high-quality services have made this company stand out from competition. The Company has experienced consecutive years of revenue growth and a stable bottom line with approximately 60% and 40% split between residential and commercial services, respectively. In 2018, the business generated nearly $338,000 of seller’s discretionary earnings; consistent with the three-year average from 2016-2018 of $340,000. With over $500,000 in equipment included in the More info

    $525,000
    Cash Flow: $100,000 
    Providence Co., RI 
    View Details 
    UNDER AGREEMENT Family Entertainment Center - Fun for All Ages!

    This business represents a great opportunity to own a family entertainment center complete with airsoft, archery tag, laser tag, paintball, arcade, party hosting, dodgeball, and kitchen within a newly renovated (2015) 50,000 square foot facility. With the latest in gaming equipment and well laid out courses, people of all ages can experience the thrill of the chase. With a capacity of 700 people, the facility can also handle up to 9 parties in the main room and 4 additional VIP parties simultaneously. Full kitchen with equipment only a few years old. Additionally, has fully stocked retail store selling top of the line equipment.In 2017, the business generated approximately $850k in sales More info

    Not Disclosed
    Cash Flow: $91,000 
    Warwick, RI 
    View Details 
    Established and Profitable Allied Sciences Career Training Institute

    As the preferred provider of allied sciences education for State and Licensing Boards, this profitable Career Training Institute has built a solid reputation among student populations, the State of RI, along with numerous healthcare companies throughout RI and MA. Offering hands-on programs to prepare students for required licensure across a number of high-growth employment categories, the business is known for producing well-qualified and employable students. High job rate upon completion of programs is a testament to the quality of instruction and focus on job functionality preparedness offered by the business. 2019 is projected to have double digit growth based on higher Winter semester More info

    Contact Broker
    Please confirm you're not a robot