“The team at McQuaig & Welk has been instrumental in helping our business move forward and grow successfully.”
Allen & Kim Tangeman, Owners First Choice Collision Center, Inc.
McQuaig & Welk delivers a seamless sale of the business for Miniblinds & More
Richard Ehrenberg and his wife officially retired as of May 31st, 2007 – for the 2nd time. Rick’s first career started in 1952 with JC Penney. Richard worked his way through the ranks, eventually managing his own stores in South Dakota, Nebraska, Wisconsin, and Minnesota. After 31 years, he retired and the Ehrenberg’s found their way to Wenatchee. In 1989, they opened Miniblinds & More. “My wife and I really enjoyed it. We never felt like it was a job. It was always a pleasure going to work.” After 18 years of serving their customers they decided it was time to slow down. A casual conversation with a sales rep eventually led to an offer to buy the business. The negotiation began and after three other parties were interested in purchasing the business, Richard and Shirley settled on the original offer and sold to the Bobysuds. The couple, who already has experience in the Miniblinds industry, took over the business on June 1st. The Ehrenberg’s will stay on as mentors. “We know the Bobysuds will do a great job and take Miniblinds & More to great heights.”
Richard Ehrenberg was very thankful to McQuaig & Welk for their assistance with the sale. “John McQuaig handled the valuation of my business, all the paperwork, and the sales negotiation. The whole McQuaig & Welk staff made the process very easy.”
So what recommendations does Richard have for other business owners looking to sell their business and retire? “Definitely work with a qualified CPA firm to evaluate their business and help them determine the value. McQuaig & Welk has made this a very smooth transition.”