Matchmaking for business buyers and sellers

February, 2021

TOWN OF LOWVILLE, N.Y. (WWNY) - In the north country, small businesses are often the backbone of a community. But there’s concern many of these businesses could disappear.

Thousands of business owners across northern New York are at or approaching retirement age and often times they don’t have someone to hand their business off to.

But, there’s an effort to keep these businesses open, while bringing new business owners into the fold.

After taking over the business in January, Jon Beller and his wife, Taren, are excited to get to work.

If you don’t recognize them, maybe you know their business. They’re the new owners of Tug Hill Vineyards in the town of Lowville, taking over after its previous owners retired.

“We looked at a lot of properties, a lot of different options. After a while, thought, you know what, that’s a beautiful place, it’s unique, and it’s a perfect event center,” said John.

This week, the Bellers are the poster child for the “Small Communities, Big Opportunities” virtual conference.

It aims to pair people like them, buyers, with business owners who are ready to hand over the reins, but with no one to hand them over to.

Watch the story on 7 News WWNYTV