Chicagoland Sunbelt facilitates sale of a Chicago Shipping and Logistics Business

May 17, 2006
FOR IMMEDIATE RELEASE
Attention: Chicagoland Sunbelt facilitates sale of a Chicago Shipping and Logistics Business
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
Chicago, Illinois
Chicagoland Sunbelt, the dominant business brokerage firm in Chicago, facilitated the sale of a Chicago Shipping and Logistics business. This business was on the market for less than six months, during which time multiple prospective buyers were generated, and resulted in an attractive exit strategy for the business owner and an excellent opportunity for the buyers.
Chicagoland Sunbelt was retained by the Seller to manage the entire business acquisition process which included designing an exit strategy, developing a confidential marketing plan, fielding offers, coordinating due diligence, and overseeing the complexities of the closing and management transition.
“The small business acquisition market has remained very active and we continue to see large numbers of dislocated and disillusioned executives looking for good businesses to buy”, stated Domenic Rinaldi, managing partner of Chicagoland Sunbelt. “We are at the beginning of an unprecedented trend with an ever increasing number of executives looking to leave their corporate careers and the ‘baby boomers’ preparing to retire and sell their businesses”.
According to a study by Marquette University, there are approximately 7.7 million small and mid-size businesses owned by ‘baby boomers’. Over the next fifteen years 1 out of every 2 of these businesses will be for sale. This will result in an overwhelming 3.8 million businesses changing hands between 2005 and 2020.
Chicagoland Sunbelt advises that potential buyers and sellers become educated on the realities of small business transactions. 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.

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