Attention: Burt Evans of Chicagoland Sunbelt has Sold a Marketing Distribution Firm
Contact: Domenic Rinaldi
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Chicago, November 18, 2012 – Chicagoland Sunbelt has announced that Senior Broker, Burt Evans, has completed the sale of a Marketing Distribution Firm located in the northern suburbs of Chicago. The seller operated the business for 11 years and built a solid base of clients who relied the firm’s products as a key element of their marketing efforts. The firm’s products provided a timely and consistent method to reach out to current customers and attract new customers.
The seller actively operated the business and had consistently grown the revenues, profits and client base of the firm. Chicagoland Sunbelt generated over 30 potential acquirers which resulted in multiple offers and an excellent return for the seller. The business was also part of a national franchise network which provided excellent training and transition services throughout the transaction. Many buyers are attracted to a franchise system for the structure and support provided by the franchisor.
“The buyer market has been very active and we’re not surprised that so many buyers were interested in this firm given the solid fundamentals,”
“At any one time, about a quarter of the businesses we represent are franchise re-sales,” says Domenic Rinaldi, Managing Director of Chicagoland Sunbelt. “A franchise with a track record of success is highly valued by buyers as it presents a lower risk investment. The seller’s success proves that the franchise concept is of value to a certain segment of the buyer market.”
About Burt Evans
During his tenure with Chicagoland Sunbelt, Mr. Evans has represented a large number of businesses in the retail, industrial services and business to business sectors. He is particularly adept at negotiating and closing deals. He is considered and expert in the business transaction market and a leader in the O’Hare office of Chicagoland Sunbelt.
Prior to Chicagoland Sunbelt, Mr. Evans spent most of his career building and operating a 12 store retail chain which was a leader in its industry category. He has experience in all aspects of running his own business and his entrepreneurial experience uniquely qualifies him to help his clients navigate the process and hurdles of selling their businesses. Burt is a CPA and obtained an MBA from Indiana University.
To see Burt’s complete bio visit: www.chicagolandsunbelt.com/
About Domenic Rinaldi
Domenic Rinaldi is the President and Managing Director of Chicagoland Sunbelt and Sun Acquisitions. He was awarded the professional designation of Certified Business Intermediary from the International Business Brokers Association and is considered an expert in the field of business brokerage. He is a seasoned executive who brings over 25 years of proven experience in merger/acquisition, sales, service, marketing and operations to the business brokerage arena, and is frequently asked to speak to large groups about the process of buying, selling and financing business transactions.
Domenic is recognized by colleagues and associates as a leader with determination and integrity. He has helped countless business owners develop, execute and maximize their exit strategies. The business press frequently turns to Rinaldi as a subject matter expert in small and lower middle market transactions in Chicago. http://sunacquisitions.com/
About Chicagoland Sunbelt
Chicagoland Sunbelt is a business brokerage firm that focuses on helping people buy, grow and sell businesses in Chicagoland and the surrounding Midwest. Having sold hundreds of businesses, Chicagoland Sunbelt specializes in a broad range of industries, including business services, distribution, food & beverage, franchises, personal services and retail. Its experienced team of M&A brokerage consultants also develop and execute comprehensive strategies designed to meet individual financial and non-financial goals.
Chicagoland Sunbelt is also a proud member of Sunbelt Midwest, which operates offices in Minnesota, Wisconsin & Illinois, For your next business purchase or sale, visit Chicagoland Sunbelt at http://chicagolandsunbelt.com