Contact Broker
4756 136Th Avenue,
Hamilton, Michigan 49419
(View Map)
Affiliated Broker
Ryan Johnson
About the Company
Praxis Business Brokers typically represents business owners whose entities generate revenues from $250,000 to $20 million. Praxis handles transactions in a broad range of industries including manufacturing, distribution, services, retail, e-commerce, franchise resales, and others.
While we specialize in seller representation Praxis works with and educates prospective buyers on the cost and availability of appropriate businesses. Regardless of whom we represent or what we are selling, Praxis brokers make confidentiality a top priority. With over 300 successfully completed transactions to our credit a record for which we are very proud.
Our name 'Praxis' was selected because of the history our brokers have with respect to bringing buyers and sellers to the closing table. The dictionary definition of 'Praxis' is indeed appropriate: the practice, as distinguished from theory, of applying knowledge and skills. When sellers and buyers want to 'get it done,' Praxis Business Brokers is a great partner to have.
Broker Biography
Introduction
Michael S. Greengard, president of Praxis Business Brokers, has been involved full time in business brokerage since 2005. He has consistently been a top dealmaker with scores of completed transactions to his credit. Mike has sold mid-market and main street businesses along with both large and small franchise resales. He has successfully represented business sellers from California to New York and has succeeded with both domestic and international buyers. As testament to Mike's superior skills, both buyers and sellers remain active with him after transactions are closed either looking to him for new opportunities and/or referring both potential sellers and interested buyers. Mike's completed transactions cover a broad range of industries including manufacturing, distribution, service, retail, and e-commerce.
Prior to entering business brokerage, Mike spent 25 years in industry. He was actively involved as a partner or 100% owner in a number of mid-market manufacturers. Mike's penchant for business transactions surfaced during his time in industry in which he bought and sold seven different businesses for his own account or for syndicates for which he was the managing partner. With decades of experience in operating businesses, Mike brings a rare understanding of and sensitivity for business owners as they address transitioning their businesses to new ownership.
Mike has a B.S. from Yale University and a M.B.A. from Columbia University. He and his wife Lori are 33 year residents of Ada Township, Michigan where they live with their three rescue dogs.
Services Provided
Business Valuation: Whether you are looking to sell your business or simply looking to understand its value I can assist you in a business market valuation.
Business Marketing: I will develop a tailored marketing plan to target business buyers both within our existing network and the general market place.
Process Management: I am here to guide you through the process of selling your business and helping to mange both buy side, banks, attorneys, title companies, and financial advisors.
Areas Served
Business For Sale Listings
Cash Flow: $316,843
Florida
View Details Gorgeous Established SE FL Art Gallery with Great Cash Flow
It has been a great 20 (+) year run for the owner of this outstanding SE Florida art gallery, but with plans for retirement approaching, the owner looks forward to a successful transition to the gallery’s next generation of ownership.The 2300 square foot gallery is located in a lushly landscaped and unique retail oasis surrounded by upscale stores, including both national retailers and independent boutiques. Situated in an affluent coastal enclave with a vibrant arts culture, the Gallery caters to dozen of luxury gated communities. The area is easily accessible to seasonal and full-time residents through a local jetport. There are also major international airports nearby.Since its inception, the Gallery has represented nearly 40 talented artists who have been carefully curated to complement one another and appeal to the in-demand coastal aesthetic. The Galley is an established destination for art lovers and collectors alike, Less
Kent Co., MI
View Details High Cash Flowing, Fully Equipped Steel Fabricator
It has been a great 20 year run for the owner of this very successful, specialized steel fabrication business, but having reached retirement age, he has decided to transition his solid and profitable business to only its second generation of owner-operators. His decision could be your opportunity.Located in 55,000 square feet of a late model 70,000 square foot building in an attractive industrial park in a desirable and growing West Michigan city, the business has owned and occupied this squeaky clean facility (which includes as a bonus, lots of office space) for the past 18 years. The facility can be can be leased from the seller under favorable terms or purchased outright in a separate transaction.The single shift operation employs 28 loyal, well-paid, skilled, non-union personnel. The company runs 4-10 hour shifts which results in a solid, life-style bonus for the employees. And with lots of floor space and manufacturing Less
Cash Flow: $377,000
Kent Co., MI
View Details Profitable Power Sports Retailer + Real Estate +Major Seller Financing
In less than 10 years, this family run business has grown from a start-up to a complete sales, service and parts dealership, retailing power sports equipment including a complete spectrum of ATV’s from five manufacturers (both domestic and imported), golf carts, mopeds, scooters, dirt bikes, street bikes, UTV’s, go karts and more. The business also offers a complete line of accessories and hauler trailers. And to make the customer experience even more memorable, the business has $300,000 of on-hand inventory (cost basis) and fixed assets, both of which are included in the price of the business and fully displayed at its large, modern and impressive West Michigan facility. This business has increased the market of individual families looking for outdoor motorized recreation activities. The sellers have found a niche in the market by offering brands such as Less
Cash Flow: $115,000
Eaton Co., MI
View Details Attractive Small Town Auto Repair Biz with Real Estate
20 years of auto repair is enough for the owner/seller of an attractive, successful, small town mid-Michigan auto repair business. He looks forward to transitioning his business to only its third owner as he pursues non-competitive endeavors. Located in a 5,000 square foot facility on a 1.6 acre parcel (both included in the purchase of the business) in a desirable town, competition is minimal with only one other auto repair business within reasonable driving distance.The business has two well-paid, skilled employees (with extended tenure) working full-time in this business. The fully equipped auto repair shop derives 95% of its business from retail customers, many of whom are “long-time regulars.” 5% of the business comes from local commercial accounts.Serving the community for 50 years, this business does everything from selling and mounting tires to Less
Michael S. Greengard, president of Praxis Business Brokers, has been involved full time in business brokerage since 2005. He has consistently been a top dealmaker with scores of completed transactions to his credit. Mike has sold mid-market and main street businesses along with both large and small franchise resales. He has successfully represented business sellers from California to New York and has succeeded with both domestic and international buyers. As testament to Mike's superior skills, both buyers and sellers remain active with him after transactions are closed either looking to him for new opportunities and/or referring both potential sellers and interested buyers. Mike's completed transactions cover a broad range of industries including manufacturing, distribution, service, retail, and e-commerce. Prior to entering business brokerage, Mike spent 25 years in industry. He was actively involved as a partner or 100% owner in a number of mid-market manufacturers. Mike's penchant for business transactions surfaced during his time in industry in which he bought and sold seven different businesses for his own account or for syndicates for which he was the managing partner. With decades of experience in operating businesses, Mike brings a rare understanding of and sensitivity for business owners as they address transitioning their businesses to new ownership. Mike has a B.S. from Yale University and a M.B.A. from Columbia University. He and his wife Lori are 33 year residents of Ada Township, Michigan where they live with their three rescue dogs.
Steve Kandt has assisted numerous business owners in successfully valuing and selling their companies during his twelve years as a business broker. His closed deals have ranged from manufacturing firms to wholesale and distribution companies to retail businesses and franchise resales to everything in-between. Mr. Kandt also has extensive experience selling B2B and B2C service companies with specialties in information technology and business software. Prior to entering the business brokerage world in 2007, Mr. Kandt founded a computer software development and consulting services company featuring enterprise work force management and scheduling software. The company’s clients consisted of Fortune 1000 companies and large financial service businesses. At its peak, the company had annual sales exceeding $6 million. Mr. Kandt held many positions during his 22 years with the company, including President/CEO and Director of Professional Services while often functioning as de facto Controller. Mr. Kandt acquired experience in business valuations, and mergers and acquisitions during his tenure as he oversaw the acquisition of two complementary businesses and the eventual sale of the entire company. When Mr. Kandt entered the business brokerage profession, he quickly realized that he had previously experienced virtually every problem a business owner encounters in starting, building, and managing a business. His lengthy industry tenure has provided him with the tools to advise business sellers on a variety of issues as businesses are prepared for sale including managing timing and costs, and relationships with customers, banks, vendors and lawyers. His approach to negotiation is to find areas of agreement between buyer and seller and build upon them to reach a beneficial arrangement for all stakeholders. Mr. Kandt holds a BS in Systems Engineering from Michigan State University, East Lansing, MI.
An attorney by training, Miles has been involved with small and medium sized businesses since working summer and weekends at the family business during his formative years. Miles has served as both attorney and broker on dozens deals in the six, seven, and eight figure range. Miles has two BAs in Political Theory, and International Relations, from Michigan State, and a J.D. from George Washington Law in D.C. When not working, Miles enjoys mountain biking with his trail dogs, fantasy football, and following the ups and downs (mostly ups) of Michigan State athletics.
