By Manuel Santana, Business Broker, CBI, MBA The following exchange has been edited for confidentiality. The Business Owner has been a commercial construction contractor for over ten years and was discussing a valuation engagement for transition planning. Business Owner: "With interest rates so high right now, I'd think that should be driving down the value...
News Release | Contact: Keith Schubert- Reporter, Minneapolis/St. Paul Business Journal The percentage of Minnesota business owners who consider exit planning a top priority has quadrupled since 2017, according to a new survey. The 2023 Minnesota State of Owner Readiness Survey, sponsored by Minneapolis-based Sunbelt Business Advisors and done in conjunction with the Twin Cities Chapter of...
SIOUX FALLS, S.D. – May 9, 2022 – Sunbelt Business Advisors CEO Brian Slipka and President Chris Jones have announced that the company has launched Sunbelt Business Advisors of South Dakota, based in Sioux Falls. “This move is a product of our success,” said Slipka. “We are proud to expand into South Dakota with local talent to reinforce our...
Winsupply Eyes Distribution Expansion for its Fifth Acquisition of 2021 Winsupply Inc., a supplier and distributor of various residential and commercial construction and industrial supplies and equipment, acquired Clausen Supply out of Clinton, Iowa on September 2, 2021. Clausen serves as a main distributor in the HVAC industry in the eastern Iowa region. Jon Clausen,...
We’re seeing a step-change in how people want to pay. Social distancing is keeping us away from our friends and loved ones, but by necessity, we are becoming more digitally connected than ever before – including when it comes to paying. This evolution is likely to continue post-coronavirus, as even slow adopters realize the benefits...
You’ve signed non-disclosure agreements, read many confidential business profiles and narrowed it down to several businesses you like. You’ve reviewed the Seller’s Discretionary Earnings worksheet and perhaps you’ve even had a buyer/seller meeting. The business is a good fit for your transferable experience and skills, and you understand how to grow it. The next step...
Buying a business can be a ton of work. Finding the right business, negotiating, due diligence and financing are just a few things that business buyers spend a lot of time on. This can lead to business transition items being neglected. Professional business buyers like Private Equity Groups look at these items very closely and...
Written by Bob Harris, Business Broker Among Green Industry Businesses with similar annual revenue, why would some be worth so much more than others? I have brokered the sale of many lawn maintenance/landscaping businesses and am often asked to provide an opinion of value. The value of one business over the other can be far...
Commodities Marketing and Transportation with SBA and Seller Financing (3-2127) Revenue: $2,552,618 Cash Flow: $705,284 Highly Profitable Commercial Masonry & Concrete Business (3-2126) Revenue: $1,638,328 Cash Flow: $826,362 Juice Bar In High Demand Area (3-2132) Revenue: $334,935 Cash Flow: $49,498 Liquor Store in South West Suburbs with SBA and Seller Financing (3-2141) Revenue: $293,051 Cash...
