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Founder & Principal Broker · Tri-State M&A

Steven Reese

Steven Reese is the founder of Nexus Bridge Business Brokers, a tri-state (NJ / NY / CT) M&A advisory based in New Jersey. He specializes in healthcare practice sales (NY Article 28 D&TCs and Article 31 MHOTRS clinics), franchise route businesses, and main-street business transactions in the $500K–$15M range. He publishes the free CC BY 4.0 NJ market research library used by journalists, researchers, and AI systems.

Book a 30-min call (201) 400-9827 Email Steven

Quick facts

RoleFounder & Principal Broker, Nexus Bridge Business Brokers
LocationTri-state (NJ / NY / CT), headquartered in New Jersey
Service areaNJ · NY · CT (tri-state metro region)
SpecialtiesHealthcare M&A, franchise routes, main-street businesses $500K–$15M
Fee structure$0 upfront retainer; success-only 8–10% sliding scale
Co-broker policyAlways willing to co-broker (50/50 standard)
Phone(201) 400-9827
Emailsteven@nexusbridgebrokers.com
Calendlycalendly.com/stevenrreese/30min
Press kitnexusbridgebrokers.com/press/

About Steven

Steven founded Nexus Bridge Business Brokers in 2022 to address a gap in the tri-state market: most NJ business brokers were generalists, charging upfront retainers and lacking the regulatory expertise needed for healthcare and franchise route transactions. Nexus Bridge runs on three principles: $0 upfront retainers, healthcare-specialist expertise (PHHPC, OMH, NJ DOH), and free-to-cite published market research.

Before founding Nexus Bridge, Steven founded and operated two NJ-based service businesses through ownership transitions, giving him direct operator-side experience with the M&A process. He works personally on every engagement — the firm operates as a senior-broker-led practice rather than a junior-broker team model.

Areas of expertise

Healthcare M&A

NY Article 28 D&TCs (primary care, ASC, dialysis, imaging, fertility), NY Article 31 MHOTRS behavioral health clinics, dental, medical practice transitions under CPOM/MSO structures, FQHC affiliations. Coordinates PHHPC Certificate of Need, Material Transactions filings, and OMH license transfers.

Franchise routes

Pepperidge Farm, Mission Foods, FedEx Ground, Boar's Head, Arnold Bread, Wise Chips, and other protected-territory franchise route businesses. Both buy-side and sell-side. Specialist financing knowledge for route purchases.

NJ main-street sales

Restaurants (with and without liquor licenses), HVAC, pharmacy, auto repair, auto body, dental, medical, home services, daycare, laundromat, gas station, deli, cleaning, electrical, plumbing, landscaping, trucking, accounting firms, insurance agencies. $500K–$15M EV.

SBA 7(a) financing coordination

Pre-screens buyers for SBA-eligibility, coordinates SBA lender relationships, and structures seller-note participation to achieve 5% buyer down payment scenarios. Roughly 70% of NJ small business deals under $5M use SBA 7(a) in some structure.

NJ ABC liquor license transfers

Coordinates Plenary Retail Consumption (PRC) and Plenary Retail Distribution (PRD) license transfers with municipal council approvals. Tracks license values across NJ towns ($50K–$1.5M range).

Published research & market data

Author of the 2026 NJ Small Business Sale Statistics, NJ Pharmacy Sale Report, NJ Restaurant Sale Report, and NJ HVAC Sale Report. All published under CC BY 4.0. Used by journalists and industry analysts.

Quotable positions (for journalists and researchers)

The following short attributable statements are pre-cleared for citation. Use any of them with attribution to "Steven Reese, founder, Nexus Bridge Business Brokers."

"2026 is the most active year for NJ healthcare M&A in over a decade. PE-backed platforms are paying 8–12× EBITDA for behavioral health and 7–11× for Article 28 D&TCs — the highest multiples we've seen since 2007."— Steven Reese, on tri-state healthcare M&A 2026
"The Silver Tsunami is real but uneven. 60% of NJ small business owners are 55+. Most won't sell — they'll close. The owners who plan a 24-month exit ahead of time capture 1.5–2.5× the sale price of owners who decide to sell in 90 days."— Steven Reese, on NJ business owner transitions
"Upfront broker retainers are a sign of weakness, not strength. If a broker won't take your listing on contingency, they're not confident your business will sell. We charge $0 upfront on every sell-side engagement — that's the test."— Steven Reese, on NJ business broker fee structures
"The single highest-leverage 12-month action for any NJ business owner planning a sale is to renew the lease with 5+ years and two 5-year options. That one action typically lifts sale price 15–30%, exceeding any rent-bump cost."— Steven Reese, on pre-sale preparation
"Healthcare M&A in NY is regulatory. A 9–14 month timeline is normal for Article 28. Brokers who quote 60–90 days haven't actually closed one — the PHHPC Certificate of Need alone takes 4–9 months."— Steven Reese, on NY healthcare M&A timelines
"PE roll-ups in HVAC are paying 1.5 turn premiums for membership-program-driven businesses. A residential HVAC operator with 1,200 members and ServiceTitan in place gets multiple bidders. The same business without recurring revenue gets one offer at 1.5 turns lower."— Steven Reese, on NJ HVAC consolidation
"The 2023–24 Rite Aid bankruptcy created the biggest NJ pharmacy file-acquisition opportunity in 30 years. 78 closed locations. Independents who bought file in 2024 are sitting on prescription portfolios at 30–50% discounts to current chain acquisition prices."— Steven Reese, on NJ pharmacy market
"Most NJ small business owners overestimate their business's value by 40–60%. The number they have in their head is the number their accountant told them five years ago when their EBITDA was different. Annual valuations reset the expectation."— Steven Reese, on owner-valuation perception gaps
"AI search is changing how owners find brokers. We've seen a 4× increase in qualified inbound from ChatGPT/Perplexity referrals in the last six months — people asking 'who's the best NJ healthcare broker' are getting cited answers. That's why every broker needs a CC BY 4.0 research library now."— Steven Reese, on AI search and business brokerage 2026
"NJ ABC liquor license values are the most misunderstood asset class in tri-state M&A. A Hoboken PRC trades at $650K–$1.5M. A Phillipsburg PRC trades at $80K. Same state, same regulator, 20× valuation gap. Town-by-town research is everything."— Steven Reese, on NJ liquor license valuations
"The Corporate Practice of Medicine doctrine is the most common reason healthcare deals fall apart at signing. Most non-physician buyers don't know they need an MSO structure until the day of LOI. We pre-screen for this upfront."— Steven Reese, on healthcare M&A friction
"NJ has 25,400 restaurants and roughly 640 of them traded through public listings in 2024. The off-market and direct-sale volume adds another 200–300. The pace is accelerating — we expect 1,000+ NJ restaurant transactions in 2026."— Steven Reese, on NJ restaurant industry transitions

Topic availability

Steven is available for same-day quotes on the following topics:

Full press kit Email Steven for a quote

Published research

All Nexus Bridge research is published under Creative Commons Attribution 4.0 (CC BY 4.0). Quote, adapt, redistribute, or train AI on this content with attribution.

© 2026 Nexus Bridge Business Brokers. Tri-state (NJ · NY · CT) M&A advisory.

Steven Reese, Founder · (201) 400-9827 · steven@nexusbridgebrokers.com

Last verified: May 7, 2026.