Nannell’s and Food Factory sold to owner/operators
Rancho Bernardo, CA & Lemon Grove, CA. United States– Vanguard Resource Group, a full service business brokerage and appraisal firm, recently sold two small “main street” businesses to local owner/operators
Nannell’s Florist, based in the Mercado shopping center in Rancho Bernardo, was a long-time favorite for many north county inland residents. But when the seller got engaged, then married, then decided to have a baby, she knew it was time to move on. While many bigger players including very well-known shops showed interest, the facility and community was best served by an owner/operator. VRG through its marketing efforts identified a buyer who was in the floral industry, but working from her home. Nannell’s proved to be an excellent next step for the buyer to transition from a home based operation to a retail storefront. Now named Cozy Posies, the owner is working hard to combine the traditional florist shop with specialty events and weddings.
Food Factory was a 42 year old diner located in Lemon Grove, California. Seating just 30 guests and the customers enjoying seeing the owner behind the grill, VRG knew they had to find an owner/owner with both experience and personality. The business was sold to a husband/wife chef team, renamed the Bleu Whisk, and is enjoying great review on Yelp.com.
VRG has sold businesses valued between $100k and $30MM. VRG provides “Wall Street” services for “Main Street” businesses.