Chicagoland Sunbelt Newsletter

November 2007

In This Issue

New Listings

Featured Listings

Businesses 'Coming Soon'

So You Want to be Your Own Boss - Buy an Existing Business

 

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Business Listings
Buying a Business
Selling a Business
Careers

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Greetings!

Chicagoland Sunbelt is pleased to copy you on our monthly newsletter which is sent to over 5000 buyers in the Chicagoland Area. We offer free consultations for buyers and sellers and are conveniently located near O'Hare airport.

The FORWARD to a FRIEND link in the left column is an easy way to alert your colleagues and friends who may be looking for the assistance of a professional business broker. Thank you!

 

New Listings

 Sign Company

Profitable Money Mailer Franchise

Antique Center

Chicago North Shore Printer

Mrs. Fields Bakery

 

Click here to see all of our Business Listings

Featured Listings

Highly Profitable Casino Entertainment Provider

Ante up for this exhilarating corporate meeting planning business focusing on not-for-profit gaming. Noting a lack of options in corporate event functions and fund raisers, the owners created this business in order to offer more excitement to clients and meeting planners looking for something unique. Offering the ultimate in professional service, this business provides professional casino entertainment for corporate conferences, meetings, and team building events. All winners are recognized and rewarded through non-monetary prizes and gifts selected by the event's host. This is a strictly for fun environment. This company creates an atmosphere of excitement for guests within an environment fashioned with class and sophistication utilizing authentic Vegas-style equipment and elegant settings. Capable of providing events for up to 1,000 guests nationally, with the ability to set up simultaneous events in different cities as well. New bookings occur each month, with current events booked well into December of 2007. Year to date sales exceed entire 2006 revenues. All capital expenditures are completed, and seller expects year end cash flow of $164,0000. A wealth of potential awaits a buyer who wants a fun and profitable business with enormous growth potential, strong margins, and consistently growing cash flow. All equipment and inventory included. Go all in for a big win with this fun and profitable business!
Revenues: $351,993
Cash Flow: $156,312
Asking Price: $450,000

 

Profitable Well-Established Commercial Sign Business>

Profitable Well-Established Sign Business. This is your opportunity to step into a great profitable sign business providing design, production and installation of signage for a range of commercial clients including real estate, broadcast media, major events, commercial and retail locations. Their investment in the latest technology supports a wide range of sizes and materials customized for their client applications.
Revenues: $736,169
Cash Flow: $150,622
Asking Price: $350,000

Businesses 'Coming Soon'


Niche Plastics Manufacturer - $6 Mil Revenues
Wine Shoppe - $300k Revenues
Muffler & Brake Shop - $500k Revenues
Quizno's - $350k Revenues
Pharmacy - $18 Mil Revenues
Precision Manufacturer - $600k Revenues
Rail Car Manufacturer - Revenues Upon Request
Children's Education Firm - 400k Revenues

 

The above businesses will soon be listed for sale

So You Want to be Your Own Boss - Buy an Existing Business

The boomer generation spans many years creating a unique situation in the business world. Aging boomers are looking toward retirement, while many younger boomers find they're ready to be their own boss. For those younger boomers, and others looking to be a business owner, buying an existing business is a great option.

 

But be aware that buying a business is a timely process. Some buyers never find the right opportunity, while others spend too much time exploring too many options. Consider a step-by-step approach to get you where you want to be - owning your own business.

 

Ask yourself some important questions
Why do I want to be an owner? What types of activities do I like? What lifestyle is important for me? You'll also want to be sure to include your family as part of the assessment.

Line up a team of professional advisors
Alert your attorney, accountant and financial advisors that you are looking for a business.

Consider your financial situation
Be sure to carefully consider how much money you need and how much you want to earn. Your expectations need to be realistic and something that can be achieved by the type of business you are searching for.

Develop a personal financial statement
The personal financial statement should show your assets and liabilities and possibly include a supporting statement from your banker or accountant. Be prepared to share this document with the business intermediary who is working with the seller. If you are planning to work with other investors, identify them and create a group financial statement.

Create a profile
Sellers want to be sure their business will continue to be successful. They want to find a buyer who has experience and will take care of the company's employees. Really, you are selling yourself to the current business owner(s) and the professional team that represents the seller.

Establish your criteria for acquisition
It's important to define the parameters of your search. Include geographic requirements and criteria on the transaction size. Having set criteria will help you demonstrate your commitment to finding the right business for you.

 


If you are interested in buying an existing business, you want the business intermediary to be selling you to the seller. It's important that you demonstrate that you're a qualified, motivated buyer. Being prepared and serious about your search is an important initial step.

Chicagoland Sunbelt is a Business Brokerage firm that focuses solely on helping people buy and sell businesses. We are also a proud member partner of Sunbelt Midwest, which has 5 offices in Minnesota, Wisconsin and Illinois.

 

Chicagoland Sunbelt
email: drinaldi@sunbeltnetwork.com
phone: 773-243-1603
web: http://www.chicagolandsunbelt.com