Contact Broker
2269 Lee Highway,
Mount Sidney, Virginia 24467
(View Map)
About the Company
Over 25 years experience in Business Brokerage. If this isn't a win for EVERYONE, it isn't a win for ANYONE.
Murphy Business is one of the largest business brokers with offices in North America. Professional experienced intermediaries provide the following unsurpassed brokerage services:
We uncover the Best Franchise Opportunity for a buyer
Skilled intermediaries provide assistance in Mergers and Acquisitions.
Our experienced Commercial Real Estate Brokers assist with site selection
Business Valuation Services performed by qualified professionals
Our affiliations with National and International Business Brokerages and Merger & Acquisition associations assure sellers the best exposure when Selling a Business or Buying a Business
Experienced certified appraisal professionals perform Equipment Appraisals
Murphy Business has a local presence in the Central Shenandoah Valley, Virginia market with strong connections in Staunton, Harrisonburg, Waynesboro, Lexington, Blacksburg, Clifton Forge, Buena Vista, Covington. A strong presence in the community provides insight into the local market. Murphy Business deals with local companies on a daily basis, which helps them gain respect and grow experience in the Central Shenandoah Valley, Virginia community.
According to Forbes.com, Virginia has been ranked as the Best State for Business for three straight years based on business costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. The Valley is blessed with beautiful mountains and rivers and offers abundant outdoor opportunities in state parks, natural areas and national parks making life outside of work an absolute pleasure.
Broker Biography
Introduction
Richard comes to Murphy with over 33 years in finance and accounting. Upon his graduation from Virginia Tech in 1974 with a degree in Accounting, he began his career in a Public Accounting firm. While there he achieved his CPA and worked his way to partner with a staff of over 10 in his 14 years at the firm. His exposure with the firm allowed him to see a myriad of different businesses and a multitude of different accounting systems.
His responsibilities included preparation and review of compiled, reviewed and audited financial statements. He also prepared and reviewed income tax returns for individual, corporate, partnership and LLCs. His duties also included consultation, management advisory services, payroll services, monthly accounting services and consultation with regard to estate and gift taxation.
In 1988, he along with two other investors created a start up wholesale electrical supply company that successfully grew in sales, net earnings and sellers discretionary cash flow for each of the eight straight years he was a stockholder of the Company. His duties in this venture started with formulation of the business plan and securing debt and equity capital needed to start the business. Subsequent to start up, his duties consisted of controller and accounting manager responsibilities.
In 1996, he sold his interest in the electrical supply company and became a partner with Gordon H. Watkins of Old Dominion Business Associates, a successful Business Intermediary which had been around since 1981. He and Gordon successfully acted as an Intermediary helping their clients successfully value and sell their small and medium sized businesses. They have also consulted with countless other companies to position their businesses in the most advantageous light maximizing the value of their Company. In particular, Mr. Halterman has assisted many companies in debt restructure/refinancing, accounting services, tax return preparation and management advisory services.
He was born and raised in the Shenandoah Valley and has always been an active member of a multitude of church and civic organizations. He and his wife Sally currently reside in Fort Defiance, VA.
Services Provided
* Provide initial consultation free of charge (up to 2 hours)
* Business Sales Representation
* Buyer Representation
* Certified Valuation of Going Concern Business Entities
* Machinery and Equipment Appraisal
Areas Served
Professional Affiliations
Certified Public Accountant - a rare find in a Business Intermediary
Member of the Economic Development Authority of Augusta County
Member of Various Board of Directors up and down the Valley.
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