Certified Business Brokers Announces the Successful Sale of Papas Restaurant and Grill
VR Business Brokers in Dallas Helps in Ownership Transition of Fisher Cabinet Works
TYLER, TX — (MARKET WIRE) — 11/06/2006 — VR Business Brokers announces the sale of Fisher Cabinet Works, which designs and manufactures custom cabinets and offers several lines of pre-finished cabinets. Pete Fisher Jr., the founder of Fisher Cabinet Works (http://www.fishercabinet.com/), engaged VR Business Brokers in Dallas to sell the company. Terms of the transaction were not disclosed.
Fisher Cabinet Works, based in Tyler, Texas, was established in 1992 and employs approximately 50 workers. New owner, Tami Wolfe, plans to keep the headquarters in Tyler and has launched an expansion with a new showroom in Plano at Lakeside Market on Preston Road.
“I was attracted to Fisher Cabinet Works because nobody in the Dallas / Fort Worth area offered their high-quality craftsmanship at an affordable price,” said Wolfe. “Now that we’ve opened in Plano, builders and homeowners are learning what we can do to improve the aesthetics of their cabinets without breaking the bank and they’re very enthusiastic.”
VR Business Brokers, which has sold more businesses in North America than anyone, assisted in the sale by establishing a fair and accurate asking price, marketing the business and serving as an intermediary in successful negotiations. The firm links business owners throughout the Dallas/Fort Worth area and across Texas to qualified buyers.
“I always planned on building a business that would be sold one day in the future, the future just came along a little sooner than expected,” said Pete Fisher Jr. “Once the business was listed with VR it was only a matter of months before we had a willing and able buyer. Selling the business when it was growing and profits were at an all time high was a good move.”
VR Business Brokers in Dallas was the top grossing office in the company’s global network in the second quarter of 2006, outperforming 96 other VR offices worldwide.
About VR Business Brokers
Founded in 1979, VR Business Brokers has sold more businesses in North America than anyone, providing the most extensive training program for its intermediaries and maintaining the largest national database of sold businesses to assist in business valuations. VR Business Brokers has been rated the number one Business Brokerage in the world for 16 of the last 20 years. More information about VR Business Brokers in Dallas is available at (972) 792-0100 or http://www.vrbigd.com/.
Dan Keeney, APR
DPK Public Relations