Randy Krivo, CMSBB - Sunbelt Midwest Blog

Randy has over 35 years of experience in Business Ownership, Business Management, Sales and Marketing Management, and Business Consulting. He brings unique insight to buying and selling a business, as he is a former business owner of several small to mid-market sized, privately held companies. As a Sunbelt Business Broker, he is driven by a desire to help people reap the rewards of business ownership.

After a successful sales and marketing career with Fortune 500 companies, Randy pursued his dream of becoming an entrepreneur. Over the course of 20 years, he founded, purchased, merged, and/or sold four different companies. This background has provided Randy with a personal understanding of not only the complexities of managing and growing a business, but how to deal with the nuances and emotional challenges of buying or selling a business.

At Sunbelt, Randy is a member of the President’s Club and consistently ranks at or near the top in terms of number of listings, dollar volume of businesses sold, and buyer assistance. In recognition of his accomplishments, Randy was named M&A Advisor of the Year in 2022, Broker of the Year in 2021 and 2017, and received the 2015 Sunbelt Torch Award. Because of his well-rounded business background, Randy is a generalist at Sunbelt and works with small, mid-sized, and lower middle market businesses in a wide variety of industries including manufacturing, distribution, retailing, technology, service, and healthcare related businesses.

Randy also has a deep understanding of professional practices, particularly in the area of optometry in which he sells more optometric practices than any other business broker in Minnesota or Western Wisconsin. Randy is officially recognized as an Optometry Practice Industry Expert by Business Brokerage Press and is a founding member of Vision Advisors, a group of business professionals that serve the optometry industry.

Randy has a BSBA degree from The Ohio State University and an MBA degree from California State University, Los Angeles.

Awards

M&A Advisor of the Year 2022

Broker of the Year 2021, 2017

President’s Club 2022, 2021, 2020, 2019

Five Star Award 2022, 2020, 2019

Reviews

Randy Krivo was amazing! He was so helpful in getting a worksheet developed to better explain the difference between our financial statements and our tax returns. I wished we had it before we sold the business! Randy was also very response to questions and concerns, and was excellent at being a calming influence when tensions got heated. I could go on and on but suffice it to say, I would highly recommend working with Randy Krivo at Sunbelt!

– Tim Aden

I can’t thank Randy Krivo enough for all of his help with selling my business! It was a very complicated deal with a lot of moving parts. His dedication and attention to detail are second to none and I would never have been able to get the deal done without him! If you are looking to either sell or purchase a business in the twin cities area he is the best. I’ve worked with a couple of different brokers in the area and there is no comparison!

– Brad Peterson

In March 2013, I had my optometric practice appraised by an optical rep and put it out there for sale. I listed it in the WOA journal and also got the word out with friends, reps etc. There was some interest, but nothing really progressed very far. In July 2014, a friend heard Randy Krivo, a broker with Sunbelt Business Brokers, speak at a meeting. He was impressed by Randy and told me I might want to call Randy. A few weeks later I met with Randy, was also very impressed, and listed my practice with him that day. A little less than a year later, we sold the practice under very good terms. Without Randy’s experience, knowledge and considerable patience, I doubt if this would have happened. I realized that I had no idea how to do this by myself. I just could not have been more pleased with Randy and have referred two friends to him to list their practices and I highly recommend him to anyone wanting to sell.

– Kent Meng

Randy was such a professional. He made the process of buying my business simple and easy. He is thorough, easy to reach and wonderful to work with. I couldn’t be more pleased with Sunbelt or Randy Krivo.

– Mary Ann Zastrow