Chicagoland Sunbelt facilitates sale of a local North Shore Coffee Shop

Chicagoland Sunbelt, the dominant business brokerage firm in Chicago, reported that it facilitated the sale of a local North Shore Coffee Shop. In its confidential marketing of the business, Chicagoland Sunbelt attracted and pre-screened numerous prospective buyers and received multiple offers, resulting in an attractive exit strategy for the business owners and an excellent opportunity for the buyers.

Sunbelt was retained by the Seller to manage the entire business acquisition process which included obtaining a third party valuation, developing and executing a confidential marketing plan, screening prospective buyers, fielding and assisting in the negotiation of multiple 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 Sunbelt’s Chicago office. “This deal was handled by two of our senior brokers, Jim Cohen and Kathy Beimfohr, who did an outstanding job of managing all phases of this transaction.”
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, understand their tax consequences, confidentially market the business and rely on experienced advisors.

Chicagoland Sunbelt is a Business Broker firm that focuses solely on helping people buy and sell businesses. Chicagoland Sunbelt is also a proud member of Sunbelt Midwest which has 5 offices in Minnesota, Wisconsin and Illinois and is part of Sunbelt’s worldwide network of 350 offices.

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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