sell a business<\/a> and obtain financing for the deal. The market for a business sale continues to improve.<\/p>\nIt was not the largest sale that these experienced business brokers have made, says Sunbelt, but it was surely welcome to sell a business like this after the weak market of the last few years. The business closed for a little over $1,500,000 and although the seller took back a 10% note, most of the financing was provided by a lender using an SBA (Small Business Administration) guarantee. Although the bank financing was ultimately secured, it was not without effort. Tom Guertin, one of the business brokers involved, was asked about the financing difficulty and replied, \u201cWe are still in a period where there is a tremendous amount of caution among lenders. They kept triple checking everything, seeming to try to find a reason not to lend. As brokers, we kept persisting until we all met at the closing table.\u201d<\/p>\n
The $1,500,000 sale price did not include real estate or many assets other than strong earnings. It was those strong earnings that carried the transaction for the buyer and the lender. Jim Martinez, the other broker involved with the sale, said, \u201cMy experience of dealing with buyers, sellers, and lenders really contributed to getting this deal done. The real work started after the business went under contract, which many brokers don\u2019t understand.\u201d In the recent past, everyone involved in these transactions had what, in retrospect, was a casual attitude toward risk. Now the pendulum has swung in the other direction and it is an attitude near paranoia.<\/p>\n
The climate for business sales does continue to improve, with the number of transactions at this Sunbelt office clearly up from last year. The buyers in the market are quite serious, but they also carry a lot of caution. Financing is certainly more readily available, which is a plus for buyers and sellers.<\/p>\n
Sunbelt is the world\u2019s largest business brokerage firm, with approximately 250 licensed offices located throughout the world. Annually, more than 1,400 Sunbelt brokers coordinate an estimated 3,000 Main Street and Middle Market business transactions. That is why the company says, \u201cSunbelt is the place to go to buy or sell a business.\u201d<\/p>\n
The Raleigh office of Sunbelt has been serving buyers and sellers for 25 years. There is an experienced staff of brokers with specialists in the Food & Beverage Businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"
Raleigh NC (PRWEB) October 27, 2011 According to Sunbelt of Raleigh, experience paid off for these Senior Business Brokers who knew how to sell a business and obtain financing for the deal. The market for a business sale continues to improve. It was not the largest sale that these experienced business brokers have made, says […]<\/p>\n","protected":false},"author":80,"featured_media":11671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"acf":[],"yoast_head":"\n
Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh - Sunbelt of Raleigh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh - Sunbelt of Raleigh\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/\" \/>\n<meta property=\"og:site_name\" content=\"Sunbelt of Raleigh\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-08T20:12:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-21T15:21:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-content\/uploads\/sites\/96\/2016\/02\/sunbelt-news-cover-1200x800-2.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/\"},\"author\":{\"name\":\"mark\",\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/#\\\/schema\\\/person\\\/3d591af1cfa311290c2a3a8f0b757d8d\"},\"headline\":\"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh\",\"datePublished\":\"2016-02-08T20:12:21+00:00\",\"dateModified\":\"2023-09-21T15:21:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/\"},\"wordCount\":431,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/wp-content\\\/uploads\\\/sites\\\/96\\\/2016\\\/02\\\/sunbelt-news-cover-1200x800-2.jpeg\",\"articleSection\":[\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/\",\"url\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/\",\"name\":\"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh - Sunbelt of Raleigh\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/wp-content\\\/uploads\\\/sites\\\/96\\\/2016\\\/02\\\/sunbelt-news-cover-1200x800-2.jpeg\",\"datePublished\":\"2016-02-08T20:12:21+00:00\",\"dateModified\":\"2023-09-21T15:21:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/#\\\/schema\\\/person\\\/3d591af1cfa311290c2a3a8f0b757d8d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/wp-content\\\/uploads\\\/sites\\\/96\\\/2016\\\/02\\\/sunbelt-news-cover-1200x800-2.jpeg\",\"contentUrl\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/wp-content\\\/uploads\\\/sites\\\/96\\\/2016\\\/02\\\/sunbelt-news-cover-1200x800-2.jpeg\",\"width\":1200,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/#website\",\"url\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/\",\"name\":\"Sunbelt of Raleigh\",\"description\":\"We Sell More Businesses than Anyone in the World.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.sunbeltnetwork.com\\\/raleigh-nc\\\/#\\\/schema\\\/person\\\/3d591af1cfa311290c2a3a8f0b757d8d\",\"name\":\"mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4c17d0d9d9453e3e7e69009a159c3f71d1e37eb66e07b437b78d60f26980e7ec?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4c17d0d9d9453e3e7e69009a159c3f71d1e37eb66e07b437b78d60f26980e7ec?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4c17d0d9d9453e3e7e69009a159c3f71d1e37eb66e07b437b78d60f26980e7ec?s=96&d=mm&r=g\",\"caption\":\"mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh - Sunbelt of Raleigh","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/","og_locale":"en_US","og_type":"article","og_title":"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh - Sunbelt of Raleigh","og_url":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/","og_site_name":"Sunbelt of Raleigh","article_published_time":"2016-02-08T20:12:21+00:00","article_modified_time":"2023-09-21T15:21:23+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-content\/uploads\/sites\/96\/2016\/02\/sunbelt-news-cover-1200x800-2.jpeg","type":"image\/jpeg"}],"author":"mark","twitter_card":"summary_large_image","twitter_misc":{"Written by":"mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#article","isPartOf":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/"},"author":{"name":"mark","@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/#\/schema\/person\/3d591af1cfa311290c2a3a8f0b757d8d"},"headline":"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh","datePublished":"2016-02-08T20:12:21+00:00","dateModified":"2023-09-21T15:21:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/"},"wordCount":431,"commentCount":0,"image":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#primaryimage"},"thumbnailUrl":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-content\/uploads\/sites\/96\/2016\/02\/sunbelt-news-cover-1200x800-2.jpeg","articleSection":["General"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/","url":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/","name":"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh - Sunbelt of Raleigh","isPartOf":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#primaryimage"},"image":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#primaryimage"},"thumbnailUrl":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-content\/uploads\/sites\/96\/2016\/02\/sunbelt-news-cover-1200x800-2.jpeg","datePublished":"2016-02-08T20:12:21+00:00","dateModified":"2023-09-21T15:21:23+00:00","author":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/#\/schema\/person\/3d591af1cfa311290c2a3a8f0b757d8d"},"breadcrumb":{"@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#primaryimage","url":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-content\/uploads\/sites\/96\/2016\/02\/sunbelt-news-cover-1200x800-2.jpeg","contentUrl":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-content\/uploads\/sites\/96\/2016\/02\/sunbelt-news-cover-1200x800-2.jpeg","width":1200,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/senior-business-brokers-team-up-for-their-biggest-sale-of-2011\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/"},{"@type":"ListItem","position":2,"name":"Senior Business Brokers Team Up for Their Biggest Sale of 2011, Announces Sunbelt Business Brokers of Raleigh"}]},{"@type":"WebSite","@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/#website","url":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/","name":"Sunbelt of Raleigh","description":"We Sell More Businesses than Anyone in the World.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/#\/schema\/person\/3d591af1cfa311290c2a3a8f0b757d8d","name":"mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4c17d0d9d9453e3e7e69009a159c3f71d1e37eb66e07b437b78d60f26980e7ec?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4c17d0d9d9453e3e7e69009a159c3f71d1e37eb66e07b437b78d60f26980e7ec?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4c17d0d9d9453e3e7e69009a159c3f71d1e37eb66e07b437b78d60f26980e7ec?s=96&d=mm&r=g","caption":"mark"}}]}},"_links":{"self":[{"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/posts\/1293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/users\/80"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/comments?post=1293"}],"version-history":[{"count":3,"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/posts\/1293\/revisions"}],"predecessor-version":[{"id":11768,"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/posts\/1293\/revisions\/11768"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/media\/11671"}],"wp:attachment":[{"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/media?parent=1293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/categories?post=1293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/wp-json\/wp\/v2\/tags?post=1293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}