To help our clients achieve THEIR objectives whether they are looking to acquire a business, change their career, franchise their business, or sell their business in a professional manner. Our process is based on integrity and we are committed to serving THEIR needs to the best of our ability no matter our investment of time or what our financial gain is.
OUR GOALTo be a ReMarkAble Company Contact us
Re: To have the opportunity to do over, to think again, amend, brush up, consider again, correct, go over, polish, re-evaluate, re-examine, re-arrange, re-assess, re-check, re-think, re-view, re-vise, re-work, sleep on, think over, think twice, work over.
Mark: YOUR autograph, YOUR signature, representation, character, impression, imprint, image, evidence, label, level, line, logo, frame, norm, objective, quality, prestige, record, register, regard, result, seal, sign, significant, stamp, symbol, tag, trace, target, trademark, underlining, value, YOUR distinction, YOUR train, YOUR virtue, YOUR purpose, YOUR measure.
Able: Talented, competent, effortless, equipped, knowing, qualified, ready, strong, bright, smart, “effective capable”.
In 1995 when he sold his Drug Stores to Revco Drug Stores which at the time was the second largest chain in the country with 2,500 stores, one of his store’s was ranked 3rd in sales volume out of the entire chain.
Ken’s guiding core principle in creating Kensington was out of his sheer frustration with the process of trying to purchase a small to mid-size company after he sold his drugstores. He was confident that he could “do it better” and created the Kensington Company with a promise to himself and to all his clients to always act with uncompromising integrity.
The goal was to build a “Re-Mark-Able” Company. The work is not completed however in the past 20 years Ken with his team has built a company that has successfully completed several million dollars’ worth of transaction across a broad range of industries. Ken’s real life experiences of owning and operating small to multi-million dollar businesses helps facilitate successful transactions for his clients. His passion and integrity drives constructive solutions to the various challenges that business transactions face. No matter what the founding core principles of Kensington 20 years later is still the driving force for the success of Kensington.
Founding Core Principle:
To help our clients achieve THEIR objectives whether they are looking to acquire a business, change their career, or sell their business in a professional manner. Our process is based on integrity and we are committed to serving THEIR needs to the best of our ability no matter our investment of time or what our financial gain is.
Ken is married for 32 years and when not working spends his time with his wife Donna and 3 kids, ideally on the beach, jet skiing, hiking, playing tennis or barbequing.
After graduating from the University of Cincinnati, Stu went to work for a multi-unit food service operator, managing in-store operations for 3 years in Cleveland. He then moved back to Long Island to work in the franchisor's corporate office as a Franchise Development Manager. In this role, Stu helped buyers through the company’s sales process. He loved helping people learn about business and buying a franchise, but did not love the company’s pushy sales culture. This led him to make the move to The Kensington Company in 2005, where he has been able to serve as a Franchise Development Manager for numerous emerging franchise brands as part of The Kensington’s Franchise Sales and Development Division.
Over the years at Kensington Company Stu has been personally involved with hundreds of business transactions both of franchises and independent businesses. He is a guest lecturer at local Universities, Small Business Development Centers, Department of Labor and other venues.
“I am fortunate to love what I do and I find great fulfilment in helping others complete their business goals and often a life dream. More so than that, I am fortunate to have the support and love of my amazing wife and sweetheart, Rachel and my two daughters, Sloane and Audrey.”
Sellers of businesses are comfortable speaking to someone who truly understands business, both the complexities and the emotional part of selling one’s business and buyers appreciate his ability to understand the real needs and match a buyer’s skill set to the right business opportunity.
Buyers - People buy businesses for many reasons, they are in career transition, they have been laid off, they want to hedge against a shaky employment market or they just want to take more control over their future. Albert helps his clients identify the real reasons they are looking at business ownership and match them with businesses that fit their objectives.
Sellers - If you are a small to mid-sized company (1-10 million in sales), you really want Albert representing you because he knows how to price, promote and market your business to meet your selling objectives.
Albert has many references from all kinds of industries that he can supply but the most important thing to remember is that he is committed to happy buyers and happy sellers. That is the secret of his success.
David comes to the Kensington Company with over 20 years of franchise experience, most recently as the Franchising Manager for Dunkin’ Brands. There his primary responsibilities were to source, interview and recruit new franchisees and sell additional stores to existing franchisees. While at Dunkin’ Donuts, David recruited 45 new franchisees/area developers which amounted to the opening of over 250 stores.
Prior to working for Dunkin Donuts, David owned and operated a franchise/sales consulting business in South Florida. There he developed the territory into the most successful in the state from a client base of zero.
David uses his expertise in promoting and presenting businesses and franchises to help clients wishing to enter the franchise path to success.
David received the Franchise Licensing Manager Leadership Award from Dunkin’ Brands in 2003, and his CFE Certification in 2005
In 1993, after evaluating several business opportunities he orchestrated the start-up, development and growth of By Design Worldwide. Gary's business acumen and strategic planning led him to identify and target new business opportunities. His role within the company was to cultivate a client base comprised of major retailers such as Nordstrom, Bon Ton and Costco. While maintaining the sales of the company he was instrumental in increasing the quality standards of the products they manufactured while reducing the costs. Gary was responsible for the profit and loss, systems management and inventory which positioned the company to be triumphant against the competition.
He brings to The Kensington Company years of business experience. His vast knowledge will assist clients in orchestrating the development of owning, operating and marketing their business.
Jay's business experience began in Philadelphia where at the age of 19 he started working full time in his brother's pizzeria. Over the years Jay has owned and sold many successful businesses including liquor stores and c-stores. Currently Jay owns 3 Dunkin Donuts in Connecticut. These stores were purchased as underperforming units and with Jay's knowledge and leadership the stores have experienced system leading growth year to year. Jay lives in New Haven County, Connecticut with his wife and two sons. He speaks fluent English, Hindi and Gujarati
At Sapore Del Mediterraneo in Locust Valley, Joe enjoyed similar success, as he built the restaurant from the ground up and turned it into a huge success. He was awarded a 4-Star Review by The New York Times while serving a high profile clientele.
Most recently, Joe has provided his services as a Restaurant Consultant, advising potential restaurant owners in opening a new business, attempting to turn around a failing one, or debating any major changes to a restaurant. His expertise is expansive, ranging from the plan and design of menus, to the physical layout and interior décor of facilities. His unique ideas and proven track record in their successful implementation make Joe a valuable asset to Kensington Company and their clients, especially in the development, ownership and operation of a business in the food industry. Joe’s entrepreneurial experience will enable clients so successfully navigate the owning, operating and marketing of their business.
Lauren has worked closely with clients such as Walmart, Starbucks, Panda Express and other growing franchises on their expansion planning and territory development with an emphasis on demographics, trends and metrics.
She also brings skills in the areas of design, social media, event planning, online marketing and office administration to the Kensington Company. Lauren is not only involved in the marketing initiatives for the Kensington Company; her talents are actively used on behalf of our clients in marketing their businesses for sale.
As a business owner, Ken led the start-up and sale of his companies which were widely recognized as world leaders in the photo novelty software and supply industries. Mr. Kendes' companies sold systems that provided an opportunity for tens of thousands of people in over 40 countries to own their own business. Ken brings his extensive skill set to Kensington Company to help facilitate successful transac¬tions. During his successful 35 year career, Mr. Kendes has been involved in the sale, purchase and merger of a variety of companies.
Mr. Kendes is a self-described "business guidance counselor" - a role he has found to be very rewarding. He has extensive experience consulting and guiding individuals into businesses that were the right choice for them. Mr. Kendes is a native New Yorker who is active in charitable organizations. He is a Board Member of NAMI - The National Alliance on Mental Illness, the nation's largest grassroots mental health organization dedicated to building better lives for the millions of Americans affected by mental illness. He is also a member of other civic and community committees.
Prior to this experience, Mike had a long standing and successful career in the Financial Services Industry rising to the position of Chairman and CEO of a NYSE Member Firm. While there he orchestrated numerous acquisitions, which resulted in the formation of the largest global securities processing company in the USA overseeing the business development and operations on three continents.
Mike brings his vast executive, managerial and business development experience to Kensington where he intends to continue focusing on the business investment strategies of entrepreneurs.
He then moved into corporate aviation working with C-level executives of Fortune 500 companies, as the liaison between the Chairman’s office and the flight department.
In the mid 1990’s, Warren left the corporate aviation world and bought The Swan Club, a multifunction catering facility, along with his partners, who together operated business. Warren served in the role of VP of Sales and Marketing for the company for 20 years until the business was sold.
In 2013, Warren worked with Long Island Sports Cars to organize non-traditional promotional events, co-branding with Michael Kors, Rand Technology and other non-automotive companies to launch the McLaren MP4-12C.
Warren also has extensive Route experience as an owner, handling and growing multiple FedEx Routes, as well as guiding others on purchasing, valuation, negotiation, and selling their entities.
Warren understands the needs of buyers and sellers alike, as he has been on both sides of the table as a buyer, a seller, and an advisor.
The Kensington Company was founded by Ken Stein in 1997. Ken had recently sold his chain of drug stores and sought to do what he had done since he was 18 – own and operate small businesses. He spent the next 2 years searching for a business and started the Kensington Company out of his pure frustration with the process of attempting to purchase a viable small to mid-sized company. Ken started the Kensington Company with the simple belief that he could “do it better”, and built the Kensington Company with a promise to himself and all his clients to always act with uncompromising integrity. Since 1997 The Kensington Company has grown substantially and is considered one of the most reputable Merger & Acquisitions and Franchise Service Firm in the Industry.
Ken Stein opened his first Drug Store at the age of 18.
Ken Stein owned and operated numerous drugstores and a home healthcare respiratory agency
Sold the business to Revco Drug Stores, at the time the second largest drug chain in the US with 2,500 stores. One of the stores was ranked 3rd in sales volume out of Revco’s chain of 2,500 units.
Ken Stein founded The Kensington Company out of his frustration with the process of trying to purchase his next business. Was confident that he could create a M&A firm that was committed to helping entrepreneurs accomplish their goals in a professional manner. He knew that there had to be a better way and Kensington Company was born with a simple promise to always service the clients the way he wished he was treated during his search.
Kensington Company expanded to represent main street businesses.
Kensington Company expanded to offer franchise consulting by joining FranNet and Stuart Levenberg joined the team to head this division.
David Stein joined the team to grow Kensington’s market reach for the sale of established Franchises nationwide for well-known brands such as Dunkin Donuts and KFC.
Kensington moves from a small office in the EAB Plaza and purchases their current office building in Roslyn Heights.
Kensington continues to grow its team by attracting successful former business owners as business intermediaries; most notably Gary Epstein, Joe Randazzo and Albert Hakim.
Kensington wins the HIA Small Business Achievement Award, a yearly award given to a “remarkable Long Island company for their dedication and achievements” which was based on a “positive employer/employee relations, commitment to the growth of the Long Island business community, and the 3 to 5-year vision for the company’s future.”
Kensington launched their Analyst program designed to proactively reach out to hundreds of business owners daily for our clients. The program designed is to allow those interested in the industry a great starting point.
2017 and Beyond
Continued Commitment to Excellence in Kensington’s strive to be a "Re-Mark-Able Company" serving their client’s needs.