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Chicagoland Sunbelt facilitates the sale of an existing Budget Blinds Franchise




Contact: Domenic Rinaldi
Address: 8745 W. Higgins Road, Suite 220, Chicago, IL 60631
Phone: 773-243-1603
Email: drinaldisunbeltnetwork.com
URL: www.chicagolandsunbelt.com />
- CHICAGO, IL, February 09, 2007 - Chicagoland Sunbelt, the dominant business brokerage firm in Chicago, reported that it facilitated the sale of two existing Budget Blinds Franchise territories. This business was on the market for less than three months, during which time multiple offers were generated, and resulted in an attractive exit strategy for the business owners.

Budget Blinds is the leading custom window treatment franchise, ranked #1 by Entrepreneur magazine, offering name brands and free in-home consultations. Chicagoland Sunbelt Business Brokers represents many of the fastest-growing and most innovative concepts in the Franchising industry enabling buyers to invest in Single unit, Multi unit, Area Development and Master Franchising opportunities.

"Franchising provides business owners with a proven business model and a greater opportunity for success, especially an existing successful territory" says Domenic Rinaldi, managing partner of Sunbelt"s Chicagoland office. According to a study done by one the of the top Accounting firms, nearly 97% of franchised businesses are still in business after 5 years while a contrasting study by the U.S. Small Business Administration revealed that over 62% of all new business start-ups failed within the same time frame.

Whether buying a new franchise, and existing franchise operation or a non-franchise business resale, 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 franchise consultant or business broker and choose a business for the work first and the financials second. Sellers should hire a professional business broker, obtain a business 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.

09.02.2007 - 21:26 Source: 24-7pressrelease.com | Read: 350 X