David A. Richman

Richman Business Brokerage & Insurance, LLC

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Fax: 866-730-5518

richmanbusiness.com


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760 Hopmeadow Street, Suite 104
Simsbury, Connecticut 6070 (View Map)

About the Company

Richman Business Brokers & Insurance, LLC is a mergers and acquisitions (M&A) firm that assists buyers and sellers through the complex process of buying or selling a business. My goal is to cultivate a relationship of trust in every engagement. I strongly believe in confidentiality, and make your privacy a top priority.

About David A. Richman

I am the owner and principal broker of Richman Business Brokers & Insurance, LLC. I bring over 35 years of successful business ownership and sales experience in a variety of industries including insurance, commercial real estate investments, and financial management. I studied Business Management at Bentley University, and hold numerous certifications and licenses in Connecticut, and throughout New England. I have negotiated sales and acquisitions with private and public companies valued at over $21,000,000. I own commercial real estate, and in the past have purchased and renovated properties that returned a 200% return-on-investment in less than four years. I have negotiated leases with national companies including Subway and Hear Again Centers. In addition to my work in business brokerage, I am an independent life & health insurance broker, and owner of several commercial investment properties. A Connecticut native, I have been married for 29 years. My wife and I have two daughters and a son. I most enjoy time with my family, skiing, playing the saxophone, and reading business literature. My experience is your asset when it comes to business growth and profitability. I have mission-driven focus, and management tools that have been “tried by fire” through my diverse business experience.

Our Commitment

I know the sale or acquisition of a business can be complex and extremely emotional process for everyone involved, often more so for a family owned business. I have built a network of financial advisors, attorneys, accountants and funding sources to provide clients with peace of mind and all of the resources for a successful transaction.

Contact Me:

David A. Richman
Owner/Principal Broker
860.408.9177
david@richmanbusiness.com

To learn more about Richman Business Brokers & Insurance, LLC and see our current business listings visit us online at richmanbusiness.com

Connect with us on Twitter @BrokerHartford

Broker Biography

David A. Richman (860) 408-9177

Introduction

Richman Business Brokers & Insurance, LLC was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. With over 35 years of small business experience we understand the unique needs of small to middle-market companies. Our professional and practical approach to business sales brings a level of service to small businesses that is typically only available to larger companies. Confidentiality is our top priority throughout the business sale or acquisition process. Contact us today to learn more about our exceptional business brokerage services.

A testimonial of our services:
"David- As an attorney I am involved with dozens of transactions each year and found your services to be equal or better than any broker I have worked with in the past. You remained on top of all issues, diligently pursued outstanding items, and kept all negotiations amicable between the parties." - CT M&A Attorney

Services Provided

Business Valuations
Market Price Assessment
Professional Confidential Information Memorandum
Business For Sale Marketing
Buyer Networking
Professional References for Buyer Financing

Areas Served

  • Hartford, CT
  • Hampshire, MA
  • Litchfield, CT
  • Middlesex, CT
  • New Haven, CT
  • New London, CT
  • Tolland, CT
  • Worcester, MA
  • Hampden, MA
  • Berkshire, MA
  • Professional Affiliations

    Board Member of the New England Business Broker's Association (NEBBA) www.nebba.com
    Member of the International Business Broker's Association (IBBA) www.IBBA.org

    Business For Sale Listings

    $1,099,999
    Cash Flow: $410,724 
    Hartford Co., CT 
    Appliance Repair Service with High Volume Retail Store Exceptional Opportunity to Grow by Acquisition

    A excellent opportunity exists for a motivated buyer to purchase a turn-key high-volume appliance sales and repair service business. This successful business was started over 20 years ago in Connecticut with a mission to provide major appliance brands at competitive prices. Strategic buying allows this store to meet and beat its competitors pricing and sales, including big-box stores. Consistently reliable delivery service, and expert in-home appliance repair, has built a large base of return customers and an exceptional reputation. An online presence has been cultivated to drive new business using a website with online sales capability, established social media, a 5-star rating on Yelp, More info

    $149,000
    Cash Flow: $76,246 
    New Haven Co., CT 
    View Details 
    Circuit-Training Franchise For Sale - Excellent Business

    Richman Business Brokerage is exclusively representing a franchised kickboxing studio centrally located in New Haven County. The business is one of multiple locations owned and operated by the current owners, who are selling to focus on two of their gyms closer to their home location. The fitness center’s program is a 30-minute kickboxing style circuit with heart-rate training and nutritional program. This established gym has over 280 members with EFT-paid monthly contract or paid-in-full membership. There are two full-time and three part-time employees, all of whom have been with the facility over a year and hold various fitness certifications. The business operates from a 1,250 sqft More info

    $229,500
    Cash Flow: $78,420 
    Hartford Co., CT 
    View Details 
    Phenomenal Award-Winning Breakfast and Lunch Restaurant For Sale

    The Farmington Valley's favorite breakfast and lunch restaurant is seeking new ownership. This award-winning restaurant and catering company is a family owned business opened in 2011 with a mission to provide a comfortable place for family and friends to dine together enjoying an exceptional meal in a casual atmosphere. This business has been successful, seeing continued growth through word-of-mouth referrals, great reviews, and active Instagram and Facebook pages. The restaurant is located in a large and luxurious shopping center with incredible views of Talcott Mountain and the Heublein Tower. The scenic location offers patrons beautiful views from the large outdoor seating area which More info

    $359,000
    Cash Flow: $113,552 
    Hartford Co., CT 
    View Details 
    Profitable Pet Fence and Containment Company For Sale in Connecticut

    A leading pet containment company in Northwestern Connecticut is seeking new ownership. This company is a registered dealer of a leading brand of indoor and outdoor pet containment products. The product features a proprietary smartphone app that allows pet owners to monitor their pet’s behavior and be alerted if the animal breaches a barrier or if the product needs maintenance. The fence system and containment products come with an exclusive training program developed to ensure proper usage by the pet and owner. In addition to sales, the business offers service packages and upgrades for outdated systems, replacement collars, and battery units. The seller of this company has established More info

    $1,099,999
    Cash Flow: $410,724 
    Hartford Co., CT 
    View Details 
    Successful Appliance Store and Repair Service Business For Sale

    A excellent opportunity exists for a motivated buyer to purchase a turn-key high-volume appliance sales and repair service business. This successful business was started over 20 years ago in Connecticut with a mission to provide major appliance brands at competitive prices. Strategic buying allows this store to meet and beat its competitors pricing and sales, including big-box stores. Consistently reliable delivery service, and expert in-home appliance repair, has built a large base of return customers and an exceptional reputation. An online presence has been cultivated to drive new business using a website with online sales capability, established social media, a 5-star rating on Yelp, More info

    $195,986
    Cash Flow: $75,316 
    Hartford Co., CT 
    View Details 
    Professional Residential Cleaning Business For Sale

    Located in in the Farmington Valley area of Hartford County, this cleaning business provides exceptional services for its residential and commercial customers. The business was started in 1987 and has held to its customer service-oriented business model, resulting in excellent reviews, and a reputation that drives new business by word-of-mouth. The Farmington Valley is an affluent area where the need for local cleaning services is strongly desired by the community and surrounding areas. The business maintains an office in a local town center providing exposure and brand recognition. The business is successful without any marketing or social media presenting an opportunity for growth. With More info

    $258,000
    Cash Flow: $73,781 
    Hartford Co., CT 
    View Details 
    Profitable Locksmith Business Franchise For Sale

    A fantastic opportunity exists to own the Connecticut location of the most well-known locksmith franchise in the nation. The business was started in 2005 and is based centrally in Hartford County. Excellent online reviews reflect the customer service-oriented business model that has driven the success of this business, and its reputation for reliability. The business utilizes Google Adword campaigns and the franchise’s website to maintain an online presence which provides a significant source of new business. There is excellent growth potential, currently the business operates in protected territory that encompasses the entire state, but only services areas around Hartford County. The 1 More info

    $59,100
    Cash Flow: $23,617 
    Hartford Co., CT 
    View Details 
    Easy to Run - Automotive Detail Shop For Sale

    This exclusive business opportunity is a successful automotive detailing shop located in the Farmington Valley of Connecticut. The business provides interior and exterior detail cleaning, including interior restoration, carpet cleaning, odor removal, and exterior wash, wax, and scratch removal. Vehicles are cleaned from top to bottom, including tires and wheels, door jambs, and windows. An express detail service is also offered, as well as exterior wash only, done by hand. Specialty products are sold and installed such as protective front-end shielding, floor mats, and DIY detail products. This business is well-known locally for its excellent customer service. High-end products and quality More info

    $490,000
    Cash Flow: $140,929 
    New Haven Co., CT 
    View Details 
    Successful General Machine Shop For Sale in Connecticut

    A successful and stable machine shop located in Central Connecticut has been listed for sale by Richman Business Brokers. The business started 40 years ago and has an excellent reputation for quality work. As a general machine shop, the business makes custom machining components based on specifics from a customer’s drawing. Operating from a 3,000 square foot facility, located in a busy commercial district of New Haven County, the business sale includes $414,800 of equipment in excellent condition. There are 5 full-time and 2 part-time employees, all experienced machine operators who have been with the company long-term. This business has been successful with no sales program or advertising, More info

    $175,000
    Cash Flow: $35,894 
    Hartford Co., CT 
    View Details 
    Garden Design and Maintenance Service Business For Sale

    Massive growth opportunity. Our client is one of the most well-known garden design and maintenance services in the Farmington Valley. The business was started in 2014 and has had significant growth in popularity. There is a real opportunity to double the size of the business in the next two years. Expert fine gardening services are provided to clients for their home properties. Services offered by this business are tailored to create beautiful gardens while removing the burden of maintenance. The business employs a crew of 5-7 seasonal part-time employees to maintain client gardens during the growing season. The business has a loyal and repeating customer base. The current owner is selling More info

    $416,000
    Cash Flow: $159,641 
    New Haven Co., CT 
    View Details 
    Exceptional Machine Shop For Sale in Central Connecticut

    Richman Business Brokerage has been retained by an exceptional owner-operated machine shop for the sale of the company and its assets. This successful business is centrally located in Connecticut, within a 30-minute drive from both Hartford and New Haven and can be easily relocated. The product line consists of an of full-grip and round jaws that are made of higher quality metals than the competition and are sold to direct customers and through local and national distributors. The shop uses state-of-the-art equipment and computer software to provide its customer with innovative machining services. The business has an excellent reputation and great reviews online, including a 5-star rating on More info

    $249,000
    Cash Flow: $90,149 
    Hartford Co., CT 
    View Details 
    Friendly Pet Kennel & Pet Daycare Business For Sale

    Our client is a locally well-known licensed commercial pet kennel seeking new ownership. The family owned business opened in 2005 with a mission to provide a comfortable place for pets to spend time while their owners are away. This business has been successful with very little advertising, relying on word-of-mouth referrals, great reviews, and a Facebook page. In addition to daycare and boarding, the kennel provides professional full-service and self-service grooming. The business is located in a 3,000 sq.ft. facility with a 4,000 sq. ft. outdoor fenced play space. Currently there are 4 part-time employees in addition to the two full-time owner/operators, who both actively work at the More info

    $40,000
    Cash Flow: $25,000 
    Hartford Co., CT 
    View Details 
    New Home Owner Advertising Business For Sale

    Available for sale is a mail advertising service that for over 7 years has targeted new home owners in Connecticut. The business is currently established as a profitable sector of larger advertising company and is being offered for sale. Revenue can be grown significantly as there has been very little pro-active selling of this product for several years. The mailings are done monthly with all production services needed already in place. The product has repeat customers who spend $1,200 - $7,000 annually and consider this mailing service an essential part of growing their customer base. This is an excellent opportunity for a buyer looking for flexibility in working hours or as part of a More info

    $62,000
    Hampden Co., MA 
    View Details 
    Full-Service Laundromat with Drop-Off Dry Cleaning

    Available for sale is a clean and very well-managed laundromat in a busy supermarket plaza in Hampden County, Massachusetts. Currently the full-service operation offers drop-off dry cleaning services, alterations, coin-operating laundry, and a very popular wash/fold option. There are two part-time on-site attendants that are responsible for wash/fold jobs, stocking the front-end vending machines and the refreshment station, and general customer service. The seller has successfully created the family atmosphere that was envisioned when the business was opened in 2014. Its reputation has grown, and the business is a popular laundry destination. Customers appreciate the cleanliness, ample More info

    $340,000
    New Britain, CT 
    View Details 
    Courtesy Listing: Real Estate For Sale - Restaurant/Bar Opportunity

    This courtesy post is for an agent representing an independently owned restaurant and sports bar in New Britain, Connecticut. New Britain is centrally located in Hartford County with access from major routes and highways. The business, La Rosa’s Restaurant & Sports Bar, is a locally well-known establishment with excellent reviews on Yelp, Google, and Facebook, called “New Britain’s best kept secret.” The highly-rated cuisine is a mix of American style burgers and classics, and Italian and Polish dishes. Patrons enjoy the dive-style atmosphere including a Juke Box, game machine, and 5 TVs. The business draws a steady crowd of long-time return customers. The business is for sale along with the More info

    $400,000
    Cash Flow: $108,725 
    Hartford Co., CT 
    View Details 
    Connecticut’s Favorite Mobile Grooming Company For Sale

    This well-established mobile pet grooming business offers affordable pet grooming services to pet owners at their convenience. With its loyal return client base, this company's service areas include West Hartford, Avon, Simsbury, Farmington, Newington, Wethersfield, Glastonbury, Bloomfield, Canton, Granby, East Granby, North Granby, Weatogue, Tariffville, Collinsville, Unionville, Burlington, New Hartford, East Hartford. Featuring environmentally friendly products and a highly organized professional approach to mobile grooming, this business has been a success since it was established in 2008. Full service Grooming is provided for all breeds of dogs and cats, including breed clips, puppy More info

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