Each business was worth more than a million dollars and successfully launched the seller’s Life Beyond Business,™ Metro Business Advisors reports.
Last year was positive for the St. Louis regional economy, with unemployment levels dropping sharply compared to 2016, according to the latest figures from the Bureau of Labor Statistics. St. Louis business brokers Metro Business Advisors helped small business owners make the most of that resurgence, closing three $1 million-plus deals near the end of 2017.
The company’s entrepreneurially-experienced brokers worked with each business owner for more than a year to sell the businesses, providing guidance through every step of the process to maximize the value of each transaction. Metro also made referrals to help the buyers secure financing from the Small Business Administration and banks. Selling a small business with the assistance of Metro, a successful St. Louis business broker, proves to be the most reliable and rewarding way to exit a business when the time is right. As one of the top business brokers in St. Louis, Metro Business Advisors is proud to have helped three local entrepreneurs begin 2018 with a secure retirement and/or funding for the next phase of their lives.
“The year was truly rewarding, with three major business sales making the final part of the year especially exciting,” said Metro Business Advisors broker Chris Spenner. “St. Louis enjoyed significant economic progress throughout the year, creating an appealing environment in which to buy or sell a business. We worked closely with each of the three business owner clients for more than 12 months in order to lay the groundwork for the most profitable sale with mutually beneficial terms. By also helping buyers secure the SBA- and bank-provided financing they needed, we are proud to have facilitated three mutually beneficial transactions to perpetuate these businesses. We look forward to sharing our expertise and developing relationships to help more area business owners and buyers make positive transitions.”
St. Louis is a home to thousands of small businesses that have been nurtured tirelessly by their founders to become thriving, profitable enterprises. Metro Business Advisors is one of the St. Louis area’s most successful and highly regarded small-business consulting and brokerage firms. From business valuations and succession planning to preparing companies for sale and finding and supporting qualified buyers, Metro Business Advisors focuses on building relationships that benefit all involved.
Metro Business Advisors expects 2018 to offer many more opportunities to help small business owners maximize value and eventually engage the right succession plan. Business owners and hopeful buyers are invited to learn more about Metro Business Advisors’ significant expertise and ethical approach, as well as explore the educational blogs, on the company’s website: https://metrobusinessadvisors.com/
About Metro Business Advisors:
Founded, led, and staffed by experienced entrepreneurs who understand the special issues and concerns of business owners, Metro Business Advisors is one of the St. Louis area’s leading small-business brokers. Through Metro Business Realty, the company also provides seamless service to our clients with commercial real estate to be considered when selling the business.
Metro Business Advisors is a business brokerage, valuation, and exit planning firm headquartered in St. Louis, helping owners of companies with revenue up to $20 million sell their most valuable asset. Reach us at info@MetroBusinessAdvisors.com or (314) 303-5600. www.MetroBusinessAdvisors.com