Chicagoland Sunbelt reported that Kent Baker, Senior Broker, facilitated the sale of US Adhesives, Inc. a well-known adhesives manufacturer in Chicago. ?This firm has been in constant operation for over 80 years and had an outstanding track record and significant market share. ?In its confidential marketing of the business, Chicagoland Sunbelt attracted and pre-screened over one-hundred and ten (110) prospective buyers and generated seven (7) offers, resulting in an attractive exit strategy for the partners and an excellent opportunity for the buyer. ?
Chicagoland Sunbelt (http://chicagolandsunbelt.com/
?We are at the beginning stages of an unprecedented trend with an ever increasing number of ?baby boomers? preparing to retire and this engagement is a perfect example of that trend?, stated Domenic Rinaldi, (http://chicagolandsunbelt.com/
Nine (9) million of the fifteen (15) million business owners were born before 1964, according to White Horse Advisors, an Atlanta-based financial consulting firm. ?Marquette University conducted a research study on these baby boomers business owners and the concluded that 1 of every 2 of these businesses will act upon an exit strategy. ?This will result in an overwhelming number of business changing hands as the baby boomers retire. ?
Chicagoland Sunbelt advises that potential buyers and sellers become educated with the realities of small business transactions. ?Buyers should be certain to locate transaction-
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 operates 4 offices in Minnesota, Wisconsin & Illinois and is part of Sunbelt?s worldwide network of 350 offices.
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