Blueprint conducted a strategic and targeted marketing campaign on behalf of the seller, a local owner-operator seeking to exit the industry after more than 30 years of operation. The seller engaged Blueprint to facilitate the sale process for its unmatched buyer network and ability to maximize trade value.
After a selective process yielded multiple offers, ownership selected a private equity owner-operator with extensive operating experience in the local marketplace. Blueprint worked closely with ownership and the incoming investor-operator to mitigate declining operational performance during diligence, which maintained the closing at the original contracted price of $8.5 million or approximately $56,000 per unit.
The transaction was handled by Connor Doherty and Ryan Kelly.