Chicago, IL, October 27, 2006 --(
PR.com)-- Sunbelt Business Brokers, the dominant business brokerage firm in Chicago, reported that it facilitated the sale of General Nutrition (GNC) store in the Chicago area. “This GNC store had a nine year track record and generated a lot of interest from potential buyers”, stated Domenic Rinaldi, managing partner of Chicagoland Sunbelt.
Sunbelt was retained by the Seller to manage the entire business acquisition process which included valuing the business, developing a confidential marketing plan, fielding offers, coordinating due diligence, coordinating with the Franchisor and overseeing the complexities of the closing and management transition.
Sunbelt recommends that potential buyers and sellers become educated on the realities of small business acquisitions. 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. Chicagoland Sunbelt is also a proud member of Sunbelt Midwest which has 5 offices in Minnesota, Wisconsin and Illinois and is part of Sunbelt’s worldwide network of 350 offices.
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
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