Steve Huntley

Praxis Business Brokers

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praxisbusinessbrokers.com


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4756 136Th Avenue,
Hamilton, Michigan 49419 (View Map)

Affiliated Broker
Ryan Johnson

About the Company

Praxis Business Brokers typically represents business owners whose entities generate revenues from $250,000 to $20 million. Praxis handles transactions in a broad range of industries including manufacturing, distribution, services, retail, e-commerce, franchise resales, and others.

While we specialize in seller representation Praxis works with and educates prospective buyers on the cost and availability of appropriate businesses. Regardless of whom we represent or what we are selling, Praxis brokers make confidentiality a top priority. With over 300 successfully completed transactions to our credit a record for which we are very proud.

Our name 'Praxis' was selected because of the history our brokers have with respect to bringing buyers and sellers to the closing table. The dictionary definition of 'Praxis' is indeed appropriate: the practice, as distinguished from theory, of applying knowledge and skills. When sellers and buyers want to 'get it done,' Praxis Business Brokers is a great partner to have.

Broker Biography

Business For Sale Listings

$495,000
Cash Flow: $190,000 
Kent Co., MI 
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Successful West Michigan Flooring Company

We are pleased to present this excellent opportunity to own a West Michigan flooring company with a large, protected franchise territory. After a successful run, the sellers are transitioning to a new career opportunity in non-competitive endeavors.Located near a large metropolitan area, this business has succeeded by providing quality service, timely delivery and excellent customer service. The company operates out of a leased 2000 sq ft building with office and warehouse areas.The business is operated by two full-time employees who complement current ownership with sales and operations management. Several qualified and experienced sub-contractors assist with installation of many types of flooring including hardwood, vinyl, plank and laminate.The business boasts a number of positive attributes including:• Average annual revenue of $ 1,300,000 in the past three years• SDE (seller’s discretionary earnings) has averaged an 

$2,800,000
Cash Flow: $930,000 
Michigan 
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Leadership Training Business with Outstanding Cash Flow

After 23 successful years, the founder of this highly profitable leadership training company is ready to retire and transition the business to only its second owner.The company has developed a unique training program that has helped more than 8,000 professionals become stronger and more effective leaders. While customer concentration can be cyclical—driven by large clients enrolling entire management teams—demand has remained strong, with new customers replacing old as they complete training of their staff.The business can be operated from almost any location and is supported by a team of experienced, certified associates who deliver:The business can be operated from almost any location and is supported by a team of experienced, certified associates who deliver:• In person and on demand programs• Virtual programs• Individual and group executive coachingHighlights include:• Average revenue exceeding $1.5M annually over the past 

Michael Greengard Serving Kent County, MI

Michael S. Greengard, president of Praxis Business Brokers, has been involved full time in business brokerage since 2005. He has consistently been a top dealmaker with scores of completed transactions to his credit. Mike has sold mid-market and main street businesses along with both large and small franchise resales. He has successfully represented business sellers from California to New York and has succeeded with both domestic and international buyers. As testament to Mike's superior skills, both buyers and sellers remain active with him after transactions are closed either looking to him for new opportunities and/or referring both potential sellers and interested buyers. Mike's completed transactions cover a broad range of industries including manufacturing, distribution, service, retail, and e-commerce. Prior to entering business brokerage, Mike spent 25 years in industry. He was actively involved as a partner or 100% owner in a number of mid-market manufacturers. Mike's penchant for business transactions surfaced during his time in industry in which he bought and sold seven different businesses for his own account or for syndicates for which he was the managing partner. With decades of experience in operating businesses, Mike brings a rare understanding of and sensitivity for business owners as they address transitioning their businesses to new ownership. Mike has a B.S. from Yale University and a M.B.A. from Columbia University. He and his wife Lori are 33 year residents of Ada Township, Michigan where they live with their three rescue dogs.

Jane Steele Serving Kent County, MI

Steve Kandt Serving Wayne County, MI

Steve Kandt has assisted numerous business owners in successfully valuing and selling their companies during his twelve years as a business broker. His closed deals have ranged from manufacturing firms to wholesale and distribution companies to retail businesses and franchise resales to everything in-between. Mr. Kandt also has extensive experience selling B2B and B2C service companies with specialties in information technology and business software. Prior to entering the business brokerage world in 2007, Mr. Kandt founded a computer software development and consulting services company featuring enterprise work force management and scheduling software. The company’s clients consisted of Fortune 1000 companies and large financial service businesses. At its peak, the company had annual sales exceeding $6 million. Mr. Kandt held many positions during his 22 years with the company, including President/CEO and Director of Professional Services while often functioning as de facto Controller. Mr. Kandt acquired experience in business valuations, and mergers and acquisitions during his tenure as he oversaw the acquisition of two complementary businesses and the eventual sale of the entire company. When Mr. Kandt entered the business brokerage profession, he quickly realized that he had previously experienced virtually every problem a business owner encounters in starting, building, and managing a business. His lengthy industry tenure has provided him with the tools to advise business sellers on a variety of issues as businesses are prepared for sale including managing timing and costs, and relationships with customers, banks, vendors and lawyers. His approach to negotiation is to find areas of agreement between buyer and seller and build upon them to reach a beneficial arrangement for all stakeholders. Mr. Kandt holds a BS in Systems Engineering from Michigan State University, East Lansing, MI.

Miles Greengard Serving Kent County, MI

An attorney by training, Miles has been involved with small and medium sized businesses since working summer and weekends at the family business during his formative years. Miles has served as both attorney and broker on dozens deals in the six, seven, and eight figure range. Miles has two BAs in Political Theory, and International Relations, from Michigan State, and a J.D. from George Washington Law in D.C. When not working, Miles enjoys mountain biking with his trail dogs, fantasy football, and following the ups and downs (mostly ups) of Michigan State athletics.

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