Tiffin-Seneca Economic Partnership (TSEP) announced today that the owner of a successful Seneca County service business is looking to retire and sell the business. Detailed information about this opportunity, codenamed “Project Celeste,” can be found on TSEP’s “Entrepreneurial Opportunity Clearinghouse” at tseoc.org. The opportunity will remain open from now until June 20, 2022. Interested parties should contact Adam Gillmor, Development Coordinator at TSEP, at gillmor@tiffinseneca.org, or by phone at 614.725.8086.
The business owner, who wishes to remain anonymous at this time, plans to retire and wants to pass their business on to another entrepreneur. With $650,000 in gross sales and clients in the surrounding counties, this business well positioned for the future. Currently, the business employees four people and leases two spaces in Tiffin and Findlay. The seller is asking for $1.2 million for the business as well as its vehicles, inventory, and other assets. If the buyer needs assistance to learn the business, the seller is willing to provide six months to one year of introductory support to the buyer. Eligible parties may include people wanting to run and/or own the business, but don’t have to be both.
Current board president of the Seneca County Commissioners Anthony Paradiso stated his support of the project. “Seneca County businesses are well respected regionally and have a wide reach outside of our county. The Tiffin-Seneca Entrepreneurial Opportunity Clearinghouse has connected businesses with buyers for a year, and I’m confident it will find a buyer for this successful and respected company.”
About the Tiffin-Seneca Entrepreneurial Opportunity Clearinghouse
The Tiffin-Seneca Entrepreneurial Opportunity Clearinghouse (TSEOC), launched in April 2021, is designed to facilitate the flow of entrepreneurial talent and capital to new business start-up, franchise, and business acquisition opportunities. There may be investors that do not want to run the business but would be willing to invest if a competent entrepreneur and business manager could be found. To date, the Clearinghouse has promoted ten opportunities and facilitated three successful business transactions: Bird Scooters, Kuebler Shoes, and T.J. Willie’s. Additional information can be found at tseoc.org.
