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Listed by:

Sun Acquisitions

Municipal Financial Advisory Services Firm For Sale

Cook County, Illinois, US
Asking Price:
$1,334,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,831,634 (USD)
Cash Flow:
$396,321 (USD)

For over 35 years, this public finance and economic development advisory Firm, has supported municipalities in identifying, evaluating and executing successful redevelopment projects. They have a reputation as one of the leading regional public finance advisors in the state. The Firm has developed strong relationships with their clients leading to 70% repeat business with its largest 2019 client representing only 8% of total revenues. They conduct approximately 100 engagements annually. As a Company qualified under SEC regulations, they utilize sophisticated economic development strategies including advising on the issuance of bonds to meet the financing needs of their loyal customer base. The Firm’s staff consists of dedicated professionals having a great deal of longevity and a deep understanding of the market place. Company has a solid client base resulting in strong 2019 sales of $1.8 million and trending up YTD 2020. SBA financing approved.

This is a great opportunity for an existing firm seeking to grow via an acquisition or for an individual having knowledge related to public finance, bond issues and/or municipal economic development. The office space is central to the business community and consists of 4,014 sq ft. with many private offices. The business has been pre-qualified for SBA bank financing with the seller also willing to provide up to 10% of seller financing to a qualified buyer. The seller is open to remaining for an agreed period of time and will provide the new owner with needed training to create a smooth transition to its processes and customer base.

Property Information

Real Estate:

Lease

Size in square feet:
4,000

Business Operation

Reasons for selling:

Retirement

Employees:
10
Years established:
36

Other Information

Support & training:

The seller will provide the new owner with needed training and will assist with creating a smooth transition to its processes and customer base.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Pre-qualified for SBA bank financing with the seller also willing to provide up to 10% of seller financing to a qualified buyer.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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