Contact: Domenic Rinaldi
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Chicago, February 14, 2013 – Chicagoland Sunbelt has announced today that senior broker, Dennis Grzywinski, completed the sale of a full service disaster restoration company that restores homes after disasters such as hurricanes, tornados, fires or floods. The company was founded 12 years ago and is part of a national franchise system. The business has an excellent reputation for quality work and outstanding service and is one of the largest franchises in the country.
The business garnered significant interest from buyers. Our firm generated over 60 potential buyers which resulted in 6 substantial offers for the owners. This potential ran the gamut from corporate executives looking to acquire a business for their own account as well as strategic investors looking to do add-on acquisitions.
“The franchise had an excellent reputation for technical and marketing support”, stated Dennis Gryzwinski. “That became a critical component of the sale given that most of the buyers did not come from the industry.”
Buyers were attracted to the business because of its strong relationships with local and national insurance companies and the frequency and severity of disaster storms. This business is largely fueled by regional storm disasters which have become more prevalent over the past ten years with strikes occurring throughout the year.
Domenic Rinaldi, Managing Director of Chicagoland Sunbelt, stated that “This transaction was a true win-win for both parties as part of the consideration paid for this business included personal real estate assets and vacation property that were transferred from buyer to seller in lieu of cash or notes. This type of creativity allowed the parties to create value beyond the obvious forms of compensation thus creating tax benefits for all parties.”
About Dennis Grzywinski
Grzywinski, a Chicago area native, brings to Chicagoland Sunbelt 25 years of experience as a business owner, and several additional years as a professional sales and marketing representative for a Fortune 500 company in the office equipment industry. He has held several top management positions in the construction and real estate development industry, working on both residential and commercial projects. Through this experience, Dennis has developed a strong working knowledge of small and large businesses operating across the entire spectrum of our economy.
His principal work as a business owner was as a residential subdivision builder/developer and realtor, taking projects from conception to final completion and sell-off. He has been involved in the redevelopment of downtown office buildings, restaurants, and medical clinics, in addition to single family and townhome communities. In his tenure Gryzwinski has become one of the top performing brokers at Chicagoland Sunbelt. http://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