Quick Links
The business brokers at Praxis have over 35 years of combined business brokerage experience and over a century of "real world" business experience. We have lived and breathed your side of business so we respect, understand, and appreciate what you do and what you have accomplished. At Praxis, we have successfully completed more than 100 transactions. We will be pleased to give you a comprehensive list of pleased business sellers.
When my brother and I thought about selling our Machine Tool Shop after 35 years in business, we were referred to Steve Kandt and Praxis Business Brokers by our CPA, and what a great referral that was. Steve was very quick to meet with us and laid out the process of selling a business…. there was absolutely no pressure. Once we decided to put it on the market, Steve took over and began the valuation process, listing, and vetting of potential buyers which allowed us to concentrate on running day to day operations. When a buyer was found, the transaction went very smoothly and we were satisfied with the terms. Throughout the entire process from day one, Steve presented himself very professionally and without false or misinformation. We were even told by the buyer's banker at closing that Praxis is one of the few, legitimate Business Brokers out there. If you want a fast-talking broker wearing a 3 piece suit, you better look elsewhere because Steve is very humble and down to earth man who will always work in your best interest.
Steve... thanks for your efforts and professionalismMike and Dave Bergmann
Berg Tool, Inc.
We believe that complete confidentiality is our first job. Our business model protects you from employees, customers, competitors, suppliers, and bankers learning about your contemplated business sale until you are ready for them to know. We offer business owners and business buyers a completely confidential process while exploring selling or buying a business.
The Praxis offices are an ideal location for private meetings. We are located in a free standing, conveniently located office building in a large office park. There are no other financial or transactional tenants in our building. As such, we can offer complete privacy and confidentiality to both our existing and potential clients in which to explore selling or buying a business. Alternatively, if you prefer, we can have a confidential Zoom meeting.
Finally, we understand you might not be available during normal business hours to discuss a contemplated sale of your business. Praxis brokers are available by cell phone, through emails, via fax, and/or through live operators at our 24/7 call center. Meetings can be scheduled after hours and/or on weekends. We can meet in our offices, at your business site, or a “neutral" location (such as a coffee shop). We recognize your comfort throughout the process of transitioning your business in an integral component of our success.
Consultations are always without charge or obligation, and Praxis operates exclusively on success fees. That means there are no upfront fees or charges. We are paid at the closing table, just like the business seller.
To learn more about how Praxis Business Brokers can help you, please call, fax or go to the contact us section of this website to send us an email.
Can't find the answer you're looking for? Reach out to our customer support team.
Praxis Business Brokers works exclusively on a success fee (commission) basis. We receive our one and only payment at the closing of the sale of your business. And unlike most business brokers we receive no upfront fees, no monthly fees, and nothing post-closing. Our goal is to be your (little) partner in the sale of your business - the better we do for you, the better we do for ourselves.
Our success fee (commission rate) never exceeds 10%, and on larger transactions can be as low as 3.5%. We quote your commission rate at the time we present you our no charge – no obligation business valuation which is of course before a listing agreement is signed.
On September 2nd, Praxis Business Brokers owner, Michael Greengard, sold the successful automotive aftermarket business, Ziebart of Lansing, for the fourth time in 14 years.
Each seller engaged Mike as his exclusive business broker after having purchased the Ziebart of Lansing through Mike 1-10 years earlier. We are delighted to report that all parties were pleased with the outcomes from both their buying and selling this business.
Mike, who is not a young man, laments that with the 35 year old buyer, his streak of four consecutive sales of the same business will likely end with this recent transaction. He is OK with that as long as the brand new buyer is as successful with Ziebart of Lansing as all the previous owners were.
AnnouncementThe 2nd of December (2019) was a day to remember at Praxis Business Brokers. On that Monday, Praxis owner Michael Greengard enjoyed a truly unique accomplishment:
How fun and gratifying was that for Mike and Praxis Business Brokers!
AnnouncementTake a look at our updated list of over 100 tombstones (completed sales announcements) under the "Completed Transactions" dropdown and an impressive list of business owners (under "News and Articles") delighted with the successful efforts of Michael Greengard (owner of Praxis Business Brokers) in selling their businesses.
AnnouncementThe Brokers of Praxis celebrate 15 years in business brokerage with the over 300 completed transactions. To learn how Praxis can help you sell or buy a business, please contact us for a no charge, no obligation consultation.
AnnouncementDuring the last week of January Praxis brokers received offers on seven different listings adding up to nearly $20,000,000 of deal value. The businesses are located in six separate counties (Ottawa, Kent, Montcalm, Oakland, Macomb, Livingston) and encompass four distinct industries: manufacturing, service, entertainment, and agriculture.
To learn how Praxis can help you sell or buy a business, please contact us for a no charge, no obligation consultation.
AnnouncementPraxis is pleased to report that in November 2019, ten new listings were added to our portfolio of businesses for sale. The two largest new listings averaged $7.0 million (listing price), and the next three averaged $2.5 million. There were also five smaller listings averaging just under $500,000 each. All in all, in November we added nearly $25.0 million of new listings for our active business buyers to consider.
AnnouncementPraxis is pleased to report that in November, ten new listings were added to our portfolio of businesses for sale. The two largest new listings averaged $7.0 million (listing price), and the next three averaged $2.5 million. There were also five smaller listings averaging just under $500,000 each. All in all, in November we added nearly $25.0 million of new listings for our active business buyers to consider.
Kudos to long time Praxis broker Glen Toadvine who on July 2nd, 2019 closed on the sale of a business he listed only 16 days earlier – a Praxis record for sure and maybe an all-time record for the fastest business sale ever to a previously unknown buyer.
In June, the owner of a successful SE Michigan service business died suddenly. The deceased's attorney recognized that the business must be sold quickly to avoid a deterioration in value. The solution? Call Praxis broker Glen Toadvine who has a long history of successfully responding to challenges of business transactions of all sorts. 16 days later the business was under the new ownership of a corporate buyer from Ohio.
If you want to explore the challenges of selling your business, we suggest you call Glen at 734-929-9032 or email him at glen@praxisbusinessbrokers.com.
AnnouncementWe will long remember the week of June 1st, 2016. On Monday of that week, a Lansing design and build business was sold to a Tennessee private equity group. On Tuesday, a West Michigan professional firm was purchased by a strategic buyer from Berrien County. On Wednesday, a Grand Haven financial buyer closed on the purchase of an attractive metal fabrication business, and on Thursday, an Oceana County strategic buyer purchased a large wholesale/retail distribution business. In total, well over $20,000,000 of deal value was delivered to our four seller clients. To learn how you can join our growing list of satisfied sellers, please contact a Praxis broker to schedule a confidential, no-charge, no obligation meeting.