Pictured left to right: Roy Orrin & Janice Yetter (Sellers), Dan Bubien (Buyer), Peggy Tate (CBB Broker), Don Green (Buyer's Accountant)

This locksmith company was started in 1946 by the Seller's uncle. In 1968, when Roy, the Seller was a teenager, he started working in the business. Then, in 1988, he and his wife, Janice, bought the company from his uncle. Altogther, Roy has worked in the business 47 years!

Dan, the buyer, has worked in small family-owned businesses before but never one of his own. Although Janice and Roy were eager to start traveling together, they agreed to continue working in the business on a part-time basis for as long as Dan wants them around. Dan said, "As far as I'm concerned, Roy is still the boss and I'm just a manager trainee."

 

The buyer had reviewed five other businesses within the six months he'd been working with us. Seller financing was part of the deal.

Peggy Tate listed and sold the business.