#1 in Central Adirondack Real Estate |
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About Adirondack Business Properties
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#1 in Central Adirondack Real Estate |
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About Adirondack Business Properties
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When Timm Associates, Inc. was founded as a Real Estate company in the Central Adirondacks there was but one goal in mind. . . to provide the highest level of service to clients and customers. Excellence breeds success. Timm Associates, Adirondack Properties and Businesses has become the largest and best known Real Estate company in the Central Adirondacks.
In today’s Real Estate market, everyone has questions and Timm Associates has the answers. Buying or selling a home, business or vacation property has become easier. The experienced Sales Associates at Timm Associates know the Adirondacks and they have proven techniques, products and services to give you the advantage when you buy or sell.
Having a presence for over 150 miles across the Adirondacks the Timm Associate name is immediately recognized as the Premier real estate company representing only the best Adirondack properties. It also means that qualified buyers from outside the area will more likely be referred to the #1 name in the Adirondacks.
What else does Timm Associates offer our clients? We have many years experience in several of the largest Resort/Vacation Property Networks which are marketing systems targeted to buyers and sellers of properties in resort markets. In addition, we have our own Blue Ribbon Properties for the marketing of exceptional properties. High Tech? We’ve got it! www.timmassociates.com brings your property or your future property right in your own home or office via the Internet. When and where else do we market our exclusive properties? We market them Every Day Until They’re Sold! through our Real Estate Buyer’s Guide to the Central Adirondacks, Adirondack Life magazine, Unique Homes magazine (we belong to their referral network for fine properties), and numerous HOMES & Real Estate magazines to name but a part of our National marketing effort that stretches far beyond the traditional local marketplace.
Guarantee of Service . . . we are committed to giving the highest level of service and we’ll even offer our GUARANTEE to back it up! Training . . . our experienced Sales Associates attend the most advanced education programs in the industry and each has lived and worked in the Adirondacks for years .
Whether you are thinking of buying or selling a home, business or vacation property - call Timm Associates, Adirondack Properties and Businesses. We can help you determine the best course of action if you want to sell and we can help you locate that “just right” property if you are looking to make an investment. We’ll give you something you’ll get no where else. . . SUPPORT YOU CAN COUNT ON ! We look forward to serving you . . .
Adirondack Business Properties
Adirondack Business Properties is a division of Timm Associates, Inc. It is dedicated to the sales and service of business and commercial properties.
Many Adirondack businesses have evolved from “Mom and Pop” family situations over the years. Except for the few industries that have always been part of the Adirondack heritage, such as lumbering and mining, most businesses have their roots in the tourist or recreation fields. The Adirondack environment has become more popular as the primary residence for many and supportive business and service demands have grown. Each year sees an increasing number seeking to make a move whereby they could own and operate a business in this very desirable environment.
However, the “Mom and Pop” aspect of a typical Adirondack business, with very marginal and sporadic income, is no longer adequate for this new class of would-be business owner. First, the cost to acquire and the large debt service involved, mandate that a business do more than just support itself. The income potential must be able to justify the overhead and sustain the needs of a buyer. Although that may sometimes be possible, more often than not, substantial additional investment is necessary to make the business realize its full potential. In our role of marketing the existing commercial opportunity, we stress the potential of the existing business and, at the same time, explore the possibilities of other income sources as part of or a supplement to, what is at hand. Our experience allows us to bring valuable insight to both the buyer and seller. We must be able to justify escalating real estate values plus explore additional retail or service business to help augment the existing income. Identification of potential is an important part of the assistance we provide to both parties.
As prices for commercial entities increase so do the needs for considerable and many times, creative financing. We research all possibilities including owner-held, traditional commercial, grants, exchanges, or subsidized. We have an established relationship with institutions such as the Adirondack Economic Development Corporation who look to make resources available to new or growing businesses. It is not uncommon for us to make sales presentations to potential financial sources as well as potential buyers.
In the recent past we have been able to attract young entrepreneurs to the Adirondacks from both business and industry. The primary lure has been “the quality of life” for raising families, however, independent lifestyle, rural environment and an attractive retirement setting are also important factors. In recent years, many established businesses have been purchased by young families with whom we worked. In all of these cases our buyers were interested in quality of life issues and each left substantial incomes elsewhere to pursue small business opportunities in the Adirondacks.
As the Adirondack population base of both vacationers and year round residents broadens and is demanding of more services, we see changes in the business climate. New commercial opportunities arise as does the necessity for expansion in existing business. We also see a new category of buyer showing interest within the area and that is the developer for national brand name or franchise companies. In the past, our environment may have been perceived as marginal for this investor because of the seasonality of business or limited number of residents. Now, the change in business milieu has become more attractive. Timm Associates has worked hard to establish itself as the primary resource for these larger developers and investors. We help them explore the available inventory and competition, evaluate demographics, acquire the necessary properties and work on their behalf to bring about whatever may be necessary in regard to permits, variances etc. from State, County and local governmental agencies including the Adirondack Park Agency.
Working with large developers, it is not uncommon for us to also meet with all parties concerned, including DEC, DOT, County and Town Zoning and Planning Boards, financial institutions, architects, engineers, sellers and neighboring property owners. This type of entity needs a reliable and established contact who will work with all parties to facilitate the entire transaction. Our reputation and past performance has put us in that position. We have people from food and lodging concerns, convenience stores, gas stations and retail stores all currently working with us. We may present them with existing opportunities or we may put together a scenario custom-made for their particular project. In recent years, KINNEY Drugs and BYRNE Dairy have each called on us to help them establish their retail presence in towns like Old Forge in Herkimer County.
Our marketing of existing business or commercial opportunities reaches far beyond the local marketplace. We realize that it is highly unlikely that expanded development will be initiated by someone who is already here unless it is within their existing business. When we are brought in to market an Adirondack property or business, concerted effort is made to expose that property to as many people and investors as is practical. We establish and then initiate a comprehensive program of marketing that will have many facets. Our existing contacts, developed over years, are important resources that are explored first. Those contacts may be established clients and customers or they may be professionals with whom we work closely for potential referrals. Our relationship with either category is invaluable and the initial source of many fruitful endeavors.
Our offices in several key locations have put us in the singular position of being able to draw customers from areas that cross over traditional geographic bounds. We find ourselves working daily with buyers who may not have explored the possibilities of other locales or commercial opportunities. Having a large and diverse inventory and a working knowledge of the entire Central Adirondack region permits us to greatly extend our territory. Our inventory can cover commercial properties from Lake Placid in the Northeastern part of the Adirondacks to Northern Oneida County in the Southwest. This dominant market presence has become a significant factor in our success and has put us in the position of being Number One in business and commercial property sales in the Central Adirondacks.
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