Recently Sold Businesses

Apple Creek Gallery

Scott Wiley recently purchased Apple Creek Gallery, Inc. from Tom Benda in an asset sale brokered by The Jennessey Group, LLC. Wiley, formerly the assistant manager of Linn Photo west, Cedar Rapids, will become general manager of the gallery. At 19 years old, Apple Creek Gallery is one of the oldest galleries in town, with a reputation for quality framing, artwork, and service.

Wireless One

Ricky Bunney purchased Wireless One. There are 5 different store locations, including 3 in Cedar Rapids, 1 in Coralville, and 1 in Iowa City. Wireless One is a cellular retail store.

Advanced Manufacturing

Phil Martin purchased Advanced Manufacturing, Inc., located at 740 66th Ave SW, Cedar Rapids, IA. The contract CNC machine shop specializes in precision-crafted, custom-designed parts with fast turn around and delivery. Martin, a Cedar Rapids native, was formerly the Operations Manager for North America for Orbotech, Inc.

Video Game Depot

Kevin Matt, of Cedar Rapids recently purchased Video Game Depot from Travis Krousie and Jeff Parkin in an asset sale purchase brokered by The Jennessey Group, LLC. At 14 years old, Video Game Depot is the oldest game store in town, with a reputation for being cutting edge in the industry by bringing the international gaming culture to Cedar Rapids. Quality service and vast industry knowledge play a major role in the success of this tenured business. Mr. Matt also currently owns Battlezone Games in Hiawatha.

Marion Laundromat

Joni and Mike Sojka, of North Liberty recently purchased the Marion Laundromat from Brad Miller in an asset sale purchase brokered by The Jennessey Group, LLC. The coin operated laundromat was originally located in the Armar Plaza area and moved in 2002 to its current location on 7th Avenue in Marion. The clean and efficient atmosphere of the Marion Laundromat has been a staple in the Marion business community.

The Star Bar & Grill

Melissa and Travis Otto, of Fairfax, recently purchased The Star Bar & Grill from Cathy and David Hiserote, in an asset sale brokered by The Jennessey Group, LLC. The popular establishment has been in operation for many years and features a wide variety of menu items and snacks that are sure to please all.

Protective Coatings, Inc

Jay and Debe Evers, of Manchester, recently purchased Protective Coatings, Inc from James Riensche, in an asset sale brokered by The Jennessey Group, LLC. Protective Coatings, Inc has provided powder coating services since 1994, for OEM Equipment and various other industries.

Petland of Iowa City

Ron and Wendy Solsrud, of Cedar Rapids, recently purchased Petland of Iowa City from Thomas and Janice Roffman, in an asset sale brokered by The Jennessey Group, LLC. Petland has been in business since 2002, specializing in the sale of high quality live pets and pet supplies.

Paul Revere's Pizza of Iowa City

Dennis and Christine Newell, of Solon, recently purchased Paul Revere's Pizza, Iowa City from Bret Wiederin, in an asset sale brokered by The Jennessey Group, LLC. The business has been in operation since 1975. Paul Revere's Pizza is a delivery and eat in pizza restaurant, serving the University of Iowa campus and surrounding neighborhoods.

MT Cartridge

Brian and Tracey Jeffords, of Cedar Rapids, recently purchased MT Cartridge from John and Mary Hasley, in an asset sale brokered by The Jennessey Group, LLC. MT Cartridge is a fast growing company that offers refilling of inkjet and toner cartridges for home and business consumers. The business is located in select Hy-Vee stores, Econofoods. There are drop off locations in all area Hy-Vee Drugstores, Nature's Way Cleaners, as well as the Central Market located in the downtown Cedar Rapids area.

Jake's Steaks

Corrina and Sam Guy, of Cedar Rapids, recently purchased Jake's Steaks from Al Brown and Paula Freeman-Brown, of Center Point, in an asset sale brokered by The Jennessey Group, LLC. Jake's Steak is a full service restaurant and bar located in Walker, Iowa. The restaurant features a "cook your own" grill.

Simpson Security Services

Jerry Fannon, of Iowa City, recently purchased Simpson Security Services, Iowa City, from Bill & Lynette Simpson in an asset sale brokered by The Jennessey Group, LLC. Simpson Security Services is an on-site security company, offering merchant motor patrol, courier services, alarm response, and residential security checks.

Cedar Brewing Company

David Carey, of Cedar Rapids, recently purchased Cedar Brewing Company from Lori & Tom Janusz in an asset sale brokered by The Jennessey Group, LLC. Cedar Brewing Company is a popular local restaurant/sports bar & brewery.

ValPak of Mid East Iowa

John Humphries, of Cedar Rapids, recently purchased Valpak of Mid East Iowa from Mark Daniels in an asset sale brokered by The Jennessey Group, LLC. The company is a widely regarded leader in direct mail advertising recognized by the blue Valpak envelope.

Tomaso's Pizza

Jason Hunt, of Cedar Rapids, recently purchased Tomaso's Pizza NW from Ward Massey in an asset sale brokered by The Jennessey Group, LLC. They have been in business since 2003. Tomaso's is a family restaurant that serves high quality food at an excellent value.

Supper Thyme USA

Carole & Dan Meyer and Louanne & Phillip Neville, of Marion, recently purchased Supper Thyme USA from Matt & Julie Meter in an asset sale brokered by The Jennessey Group, LLC. Supper Thyme provides customers with the opportunity to participate in enjoyable sessions to prepare homemade meals.

Branchini Hardwood Flooring

Mark Brand, of Muscatine, recently purchased Branchini Hardwood Flooring, Inc from Lynn & Pam Branchini in an asset sale brokered by The Jennessey Group, LLC. Branchini Hardwood Flooring specializes in selling and installing custom hardwood floors as well as tile, carpet and other floor covers. The company has been in business since 1987.

BP on First

Parminder Singh, of Crystal Lake, IL recently purchased BP on First from Frill Investments, LLC, in an asset sale brokered by The Jennessey Group, LLC. BP on First is a popular gas station/convenience store located on First Avenue in the heart of Cedar Rapids.

Retool

Galen McDermed, of Cedar Rapids, recently purchased Retool, from Dave & Jo Dixon, in an asset sale brokered by the Jennessey Group, LLC. Retool is a retail tool business that buys and trades used tools, while selling a variety of new, used, and factory reconditioned lines.

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What Others Are Saying

“The Jennessey Group performed brilliantly while managing the sale of our business. They sold our business for 94% of the asking price and maintained confidentiality through the closing. What every seller looks for is a fair price, confidentiality, qualified buyers, and assistance through the process. The Jennessey Group did all of this and more!"
Thomas & Janice Roffman, Former Owners of
Petland, Iowa City
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