Chicagoland Sunbelt facilitates sale of a Chicago-based Furniture Repair Business
March 29, 2006 (PRLEAP.COM) Business News
March 29, 2006FOR IMMEDIATE RELEASE
Attention: Chicagoland Sunbelt facilitates sale of a Chicago-based Furniture Repair Business
Contact: Domenic Rinaldi
Address: 8745 W. Higgins Road, Suite 220, Chicago, IL 60631
Phone: 773-243-1603
Email: drinaldi@sunbeltnetwork.com
URL: www.chicagolandsunbelt.com
Chicago, Illinois
Chicagoland Sunbelt, the dominant business brokerage firm in Chicago, reported that it facilitated the sale of a well-established Chicago-based Furniture Repair Business. This business was on the market for less than three months, during which time multiple offers were generated, and resulted in an above average profit for the business owners.
Chicagoland Sunbelt was retained by the Seller to manage the entire business acquisition process which included obtaining a third party valuation, developing a confidential marketing plan, fielding offers, coordinating due diligence, and overseeing the complexities of the closing and management transition.
“The small business acquisition market has been very active”, stated Domenic Rinaldi, managing partner of Chicagoland Sunbelt. “This deal was handled by one of our senior brokers, BJ Anderson, who did an outstanding job of managing all phases of this sizeable transaction to close in such a short period of time.”
Chicagoland Sunbelt recommends that potential buyers and sellers become educated on the realities of small business acquisitions. Buyers should be certain to locate transaction-oriented advisors, meet with potential financial providers, research the local market, utilize a professional business broker and choose a business for the work first and the financials second. Sellers should hire a professional business broker, obtain a valuation, confidentially market the business and rely on transaction-oriented advisors.
Chicagoland Sunbelt is a Business Brokerage Firm that focuses solely on helping people buy and sell businesses. To learn more about Chicagoland Sunbelt you can visit their website at www.chicagolandsunbelt.com.
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