Albuquerque Ranks 5th as a Place to do Business

Albuquerque's Central Avenue, the main spine of the downtown area.Looking at Albuquerque business opportunities? According to KPMG, the Duke City is a bargain. The Big Four auditing firm recently released its 2016 “Competitive Alternatives Study.” Albuquerque came in fifth among the 18 mid-sized cities reviewed.

“Albuquerque, at 94.4, showed strong results in all aspects of labor costs. While it ranked third for total labor costs, Albuquerque’s costs are only 0.6 percent higher than first-placed Nashville for this factor. Albuquerque also ranked third for its effective corporate income tax rate,” KPMG stated in its press release.

This follows CNBC’s 24th placement for New Mexico as a state to do business. The state jumped from 37 in 2014 to among the top 25 based on CNBC’s 60 measures of competitiveness. High-rankings for the Duke City included 5th for infrastructure, 13th for cost of living and 16th for workforce. According to the U.S. Census Bureau, New Mexico is the fourth most active state for business start ups.

This is good news for Albuquerque and New Mexico. It also corresponds to what Sam Goldenberg & Associates is experiencing. In the first quarter of 2016, we closed on five businesses. Three were in Albuquerque, including Accessories Unlimited, Edible Arrangements and the Northeast Height’s Torino’s @ Home. Our current Albuquerque businesses for sale are generating strong interest, attracting attention from both within and outside the state.

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Thank You for a Memorable Year


From everyone  at Sam Goldenberg & Associates, we wish you happy holidays, a safe and prosperous new year, and success in all your endeavors!

In these closing days of 2015, we invite you to take an interactive look at the business we’ve sold this year. Click any image on the holiday greeting above to learn more about the new owners and their recently acquired business.


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Fine Lifestyles Magazine: High on Santa Fe

At the Santa Fe Chamber of Commerce’s Gala Awards in June, Sam Goldenberg & Associates took top honors as the City of Santa Fe’s Best Small Business of 2015.

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Michael Greene Discusses Receiving the Award for Santa Fe’s Best Business of the Year

This morning Michael Greene and Simon Brackley with the Santa Fe Chamber of Commerce discussed Sam Goldenberg & Associates’ designation as the City of Santa Fe’s 2015 Best Small Business of the Year, took a closer look at what a business broker does, and shared their thoughts on the local economy.

The program aired at 11:30 am to SVSF 101.5 (The Voice of Santa Fe). To listen to the podcast, click Business Matters.

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Take the Leap! Santa Fe Business Expo.

Whether you’re looking to sell your business, buy a business, or simply want to explore your options, we invite you to stop by our booth at today’s Santa Fe Business Expo. It’s being held all day (1o am to 4 pm) at the Santa Fe Place Mall. We look forward to meeting you!

Take-the-Leap Poster small

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East Downtown yoga business looking for a buyer

Albuquerque Business First
Damon Scott
March 27, 2015

About nine years ago, three businesses opened at about the same time in Albuquerque’s East Downtown along Central Avenue, giving the already emerging corridor some additional momentum.

Those businesses were the Grove Cafe & Market, Hot Yoga Downtown Albuquerque and Bhava Yoga Studio. Bhava owner Bea Doyle is looking for a buyer of her business and thinks the desirability of the EDo location will be plus.

She’s enlisted the help of well-known business broker Michael Greene — president of Santa Fe-based Sam Goldenberg & Associates — to market the business. Bhava is located at 520 Central Ave. SE and consists of two studios of 1,034 square feet and 300 square feet, respectively. There is also an 88-square-foot loft in the complex that was previously a grocery store, and later served as the headquarters for the New Mexico Police Athletic League.

Click “East Downtown yoga business looking for a buyer” to read the complete article. To read the details about Bhava Yoga Studio for sale, visit Bhava or to learn more about “your vibrant new life,” click on Bhava Yoga Studio.


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Popular Nob Hill café-coffee shop has new owners

Limonata Cafe sold by Sam Goldenberg & Associates

Albuquerque Business First

By Damon Scott
A married couple with experience in restaurants and baking has purchased a popular Albuquerque Nob Hill café-coffee shop.

Bill and Brenda Ennis recently acquired Limonata Italian Street Food Caffe — located at 3222 Silver Ave. SW — from Maxime and Daniela Bouneou. The Bouneous are the co-owners of Italian restaurant Torino’s @ Home in the North I-25 submarket.

Well-known Santa Fe-based business broker Michael Greene, president of Sam Goldenberg & Associates, had the business listed for about three months. The Bouneous said that while selling a business can be “tough and stressful,” they were happy with the marketing and the valuation — that the final sale price was for an expected amount. (more…)

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Our Valentine to New Mexico and Our Past Clients

New Mexico’s small business owners bring their talents and creativity to making New Mexico the Land of Enchantment.  And in this season, the Land of Romance.

Over the years, we have sold some of New Mexico’s best-known brands, including those pictured here.  Looking to make a memorable impression this Valentine’s Day? Click below to open an interactive image for some unforgettable and enchanting ideas.

Want to join them? Contact us.

Sam Goldenberg & Associates Valentine to the Small Business Owners who Make New Mexico the Land of Enchantment.

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Things Are Looking Up on Main Street

The New York Deli in Santa Fe, New Mexico. Photo: Sam Goldenberg & Associates

Small business owners are the most optimistic they’ve been in seven years. This according to a Wells/Fargo Gallup Poll released last Thursday, February 5, 2015. Now at an index of +71, optimism among proprietors of Main Street businesses has increased steadily over the last two quarters. Business owners are feeling good about their current situation and are optimistic as they look to the future.

While Gallup reports that the small business index has yet to regain pre-recession levels when it registered at a height of +114, the trend is heading in the right direction. The +71 score is a significant improvement over +49 in July 2014 and +58 in November 2014.

What’s behind this sanguine outlook? According to Gallup, better revenue pictures, an improved hiring environment, and the ease of obtaining credit are the major factors.

Gallup summarizes: “Small-business owners’ more upbeat views of their operating environments come at a time of generally positive economic trends in economic growth and unemployment, as measured by the government, as well as year-over-year upticks in Gallup’s consumer-based reports on employment, company hiring and consumer spending.”

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Who Buys a New Mexico Business?

who-buys-a-nm-businessBuyers buy a small business for many of the same reasons that sellers sell businesses: They want to secure their futures. Our job is to recognize who is serious and who is not to save our sellers effort, time and frustration. We have put safeguards in place to help protect our clients from frivolous tire-kickers. If the buyer is not serious, the sale will never close, and the sellers’ time will have been wasted. As will ours. We don’t let it get to that stage.

Our buyer screening provides us with an overview of a prospect’s capabilities, experience and qualifications. Once we have confirmed their financial ability, secured a Non-Disclosure Agreement, and are reasonably confident about their commitment to buying a business, we invite them in to our office for a meeting or converse with them over the phone. These conversations familiarize us with their talents, strengths and motivations. (more…)

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