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16 Oct

Posted at 19:48h in Press Release
Canyon Road’s Newest Neighbors Contribute to Its Entrepreneurial Spirit Santa Fe, NM, October 13, 2014–Paul and Carol Hartsock recently took the helm of Greenberg Fine Art on Canyon Road. The couple looks forward to bringing their special mix of entrepreneurship and culture to the community. Michael Greene, president of Sam Goldenberg & Associates, a Santa Fe business brokerage, facilitated the gallery’s transfer of ownership from Mark Greenberg to the Hartsocks. The paperwork was signed at...

08 Oct

Posted at 03:43h in Buyer Articles
The Letter of Intent has been signed by both buyer and seller and everything seems to be moving along just fine. It would seem that the deal is almost done. However, the due diligence process must now be completed. Due diligence is the process in which the buyer really decides to go forward with the deal, or, depending on what is discovered, to renegotiate the price – or even to withdraw from the deal. So,...

07 Oct

Posted at 12:28h in Buyer Articles, Valuation
Two businesses for sale could report the same numeric value for “earnings” and yet be far from equal. Three factors of earnings are listed below that tell more about the earnings than just the number. 1. Quality of earnings Quality of earnings measures whether the earnings are padded with a lot of “add backs” or one-time events, such as a sale of real estate, resulting in an earnings figure which does not accurately reflect the true...

02 Oct

Posted at 12:16h in Seller Articles
In order to sell one’s business using the services of a business broker, a listing agreement is almost always required. For the owner of the business, signing the agreement legally authorizes the sale of the business. This simple act of signing represents the end of ownership. For some business owners, it means heading into uncharted territory after the business is sold. For many it also signifies the end of a dream. The business owner may...

24 Sep

Posted at 16:34h in Buyer Articles, Seller Articles
Buyers, as part of their due diligence, usually employ accountants to check the numbers and attorneys to both look at legal issues and draft or review documents. Buyers may also bring in other professionals to look at the business’ operations. The prudent buyer is also looking behind the scenes to make sure there are not any “skeletons in the closet.” It makes sense for a seller to be just as prudent. Knowing what the prudent...

07 Sep

Posted at 23:44h in Albuquerque, Saturday Spotlight
Rodeos, Pinto Bean Queens and Drones The East Mountains outside Albuquerque is one of the fastest growing area in New Mexico. Since 2000, the area’s population more than doubled. The convenience of nearby Albuquerque with a country lifestyle explains part of the area’s appeal, but I suspect that the warmth and southwestern hospitality of the residents accounts for a generous portion. One long-time local estimates that nearly 30% of the residents make the workday trek...

24 Aug

Posted at 08:10h
Famed as the Mother Road, the place to get your kicks, “The Great Diagonal Highway” and “The Will Rogers Highway,” Route 66 – the Chicago-to-Los Angeles all-paved highway – has played a major role in American 2oth century history and pop culture. In New Mexico, Route 66 was the life blood of many towns along its trajectory. Today under the guise of Central Avenue, the historic highway continues to figure prominently into downtown Albuquerque’s revitalization.

24 Aug

Posted at 07:08h in Albuquerque, Saturday Spotlight
The famed Chicago-to-Los Angeles Route 66 looms large in American century history. It introduced travelers, Dust Bown refugees, and Beat era drifters to Tucumcari, Albuquerque, Grants and Gallup, New Mexico. While it may no longer be cherished as “America’s Main Street,” the historic route is still New Mexico’s main street in many towns. The most notable example is Albuquerque. The “Mother Road” used to be synonymous with the desire to hit the open road. In Albuquerque, the Mother...

20 Aug

Posted at 12:40h
UNDER CONTRACT Central New Mexico BioCycle Business. Listed at $490,000. SOLD in 2020 Santa Fe Home and Garden Center. Listed at $1,950,000. Sher-Wood Fine Wood Design, a cabinet, countertop, and flooring business in Las Cruces. Listed at $2,600,000. Massage Envy in Farmington, NM. Listed at $175,000. Sign of the Pampered Maiden. Listed at $180,000. The Essential Guide with Real Property. Listed at $725,000. The Santa Fean Magazine. Listed at $175,000. QuikSend, a Shipping, Copy and Mail...

16 Aug

Posted at 07:14h in Saturday Spotlight
Welcome to Saturday Spotlight! This series showcases various towns and areas throughout New Mexico to provide a sense of New Mexico’s diversity. New Mexico businesses for sale not only fit your financial objectives but offer a way of life that meets your personal goals.

10 Aug

Posted at 13:29h in Buyer Articles, Seller Articles
Buyers, as part of their due diligence, usually employ accountants to check the numbers and attorneys to both look at legal issues and draft or review documents. Buyers may also bring in other professionals to look at the business’ operations. The prudent buyer is also looking behind the scenes to make sure there are no “skeletons in the closet.” It makes sense for a seller to be just as prudent. Knowing what the prudent buyer may...

16 Jul

Posted at 13:32h in Buyer Articles, Valuation
The initial response to the question in the title really should be: “Why do you want to know the value of your business?” This response is not intended to be flippant. It is a a question that deserves an answer. Does an owner need to know for estate purposes? Does the bank want to know for lending purposes? Is the owner entertaining bringing in a partner or partners? Is the owner thinking of selling? Is...

07 Jul

Posted at 12:32h in Residential Real Estate, Uncategorized
Photo Credit The Santa Fe New Mexican Low End Market Drives Rise in Santa Fe County Home Sales By Bruce Krasnow The New Mexican | Posted: Wednesday, July 2, 2014 Coleen Dearing describes the first half of 2014 as the “Come to Jesus Market” for Santa Fe home sellers. Buyers who have long delayed putting their homes up for sale have realized that prices are not going to spring back to 2006-07 levels anytime soon,...

01 Jul

Posted at 13:26h in Press Release, Uncategorized
We are happy to share our business client’s press release and offer our hearty congratulations on ten very successful years in Santa Fe. CONTACT:  Lorraine Krenc OFFICE:  505.216.1108 EMAIL:  Lorraine@CapitolComputerSantaFe.com A DECADE OF DIGITAL Santa Fe’s Capitol Computer Celebrates 10 Years in Business A decade ago native Santa Fean Eric Montgomery started Capitol Computer, then under the name 180Networks. The owner recalls, “I’d end up with several computers collected throughout the day all lined up...

16 Jun

Posted at 08:03h in Press Release
New Restaurateurs Brant and Tómas Allan Keller Continue Galisteo Bistro’s Tradition with Their Own Signature Flair Santa Fe, NM, June 16, 2014–The critically acclaimed Galisteo Basin (www.galisteobistro.com) officially transferred ownership from chefs Marge and Robert Chickering to Brant Keller on June 3, 2014. The Bistro will continue as a family operation. While Keller will be running the front of the house, his son chef Tómas Allan Keller will oversee the kitchen. The ownership hand-off took...