Author: Blogger Local

Searching for business brokers in Chicago?

Every week, dozens of Chicago area business owners search for “business brokers near me”.

If you have never needed a business broker before, it may be confusing for you to know where to start. You may not even know if you need one, but you should consider it if you are looking to buy or sell a business.

There are many aspects to selling your company or buying a new one that business owners are not aware of.

Regardless of whether you are buying or selling, you want to make sure you are getting the best deal possible.

Perhaps you have a startup company that is doing really well. Perhaps you are looking at a startup that is taking off and getting bigger and more successful. This is a good time to contact a business broker.

They know all the ins and out about transferring the deeds and ownership, the contracts, and what the going market price is. They are more than an estate agent as they deal with businesses only.

A broker has great skills and does the same job as a lawyer would, but for fewer fees. They may also contact you even if you are not interested in buying or selling, in case someone has approached them with an interest in your company.

They know how to find buyers in a slumping market, as well. They are adept at finding other companies that may be willing to buy yours, in case you are struggling to make ends meet.

Maybe you are even interested in becoming a business broker, yourself. Regardless of why you are looking for a business broker, we have put together a list of the ten best in the Chicago area.

There were our favorites and hopefully, these will be enough to help you find the company you need to help buy or sell your business.

 

Top 10 Best Chicago Business Brokers

As always, be careful when seeking out a company to help you. Some are far more reputable than others.

 

Midwest Business Brokers and Intermediaries (MBBI)

The Midwest Business Brokers and Intermediaries (MBBI) association is a curated network of industry leaders. They all connect, collaborate, and are catalysts for the buying, funding, and selling of small and medium-sized businesses.

MBBI has evolved over many years to include the optimal team of business accelerators. From brokers to lawyers to marketing experts, MBBI members quickly and decisively add value to your business. Check out their website for upcoming events. Make connections that will change your life, for a lifetime.

Midwest Business Brokers and Intermediaries (MBBI)
1018 W. Madison St. Suite 9
Chicago, IL 60607
Phone: 847.847.7703
https://mbbi.org

 

Playbook Corporate Advisory

Playbook Corporate Advisory provides both selling and buying representation for business owners in many industries. They are a results-oriented business brokerage firm based in Chicago.

Their experienced team works with companies ranging in size from $300,000 to $20,000,000 in annual revenues. Their business brokers will provide a full-service experience by representing owners from start to finish or from initial listing to closing and everything in between.

Experienced Advisory Professionals. This team has the experience necessary to help achieve your goals.

Playbook Corporate Advisory
2500 W Bradley Pl #200
Chicago, IL 60618
Phone: (312) 525-9622
https://www.playbookadvisory.com

 

Midwest Group

Since 1985, Midwest Group focused on small businesses to lower the middle-market segment. They offer representation to sell your business or assistance through the business acquisition maze, as well as a host of other specialized services including positioning, turnarounds, and acquisition financing.

Their competitive advantage is simple. They have been where you are now. Everyone at Midwest Group has owned and operated businesses. They have started, bought, grown, operated, and sold many small businesses over the years in a multitude of industries.

They are strategists, advisors, consultants, and sometimes even partners to help our clients execute their exit strategy

Midwest Group
3 Grant Square #250
Hinsdale, IL 60521
Phone: (630) 325-8080
http://www.themidwestgrp.com

 

American Business Acquisitions

American Business Acquisitions has a number of highly qualified business brokers in Chicago with varied business backgrounds and skillsets. Their experienced Chicago business valuation estimates team are also business owners. They have sold many of their business entities using the same process used when representing client businesses for sale.

American Business Acquisitions helps you buy a business or sell a business in Chicago and across the State of Illinois. Their Chicago Business Broker team is happy to confidentially discuss all details involved in selling your business and the entire business acquisition or merger process.

American Business Acquisitions, Inc
633 S. Plymouth Ct., Suite 708
Chicago, IL 60605
Phone: (312) 360-1955
https://abausa.com

 

Leading Edge Business Brokers

Leading Edge Business Brokers is a one-stop-shop with a unique service for every situation. What makes them unique is that they do not list businesses, they represent them. Understanding the emotions of selling a business is at the core of their services.

The business owner is an integral part of the process because who knows your business better than you? They act as your business agent with you taking the lead. They represent your interests, allowing you to present your own business.

Confidentiality is priority number one. Our one-on-one philosophy is a unique systematic approach to selling a business.

Leading Edge Business Brokers
210 W. Main St
Ottawa, IL 61350
Phone: (815) 579-9079
https://www.leadingedgebrokers.com

 

Elite Business Brokerage

Elite Business Brokerage Inc. has been successfully representing investors and other interested parties in the sales and purchase of businesses for more than 20 years. With their broad network of qualified buyers and expertise, this company has made an impression within the business brokering and consulting industry.

Their firm consists of a diverse and skilled team of business brokers, consultants, accountants, lawyers, marketers, and graphic designers. Whatever your needs are, they have within our network. They specialize in the marketing, growing, buying, and selling of a business. They take care of your business with theirs.

Elite Business Brokerage
6345 Joliet Rd
Countryside, Illinois, 60525
Phone: (708) 352-1880
https://elitebusinessbrokerage.com

Sun Acquisitions

When you work with Sun Acquisitions you get expert M&A transaction professionals that will ensure you get maximum value when you sell your business. They operate with one guiding principle, Help our clients maximize the value of their transaction.

They have developed a fully integrated process that helps our clients evaluate all of their merger and acquisition options. Their approach starts with an in-depth analysis and planning session so that you can make the right decision regarding the contemplated sale or acquisition. They work with businesses across all industry sectors with annual sales between $2 to $30 million dollars.

Sun Acquisitions
8735 W. Higgins Road Suite 160
Chicago, IL 60631
Phone: (773) 243-1603
https://sunacquisitions.com

 

Syed Brokerage & Capital Co

Syed Brokerage & Capital has represented both buy-side and sell-side transactions for the lower middle-market companies. We have helped conduct $420MM worth of deals. Syed Brokerage & Capital is a top merger and acquisition broker that brings proficiency, uprightness, and broad market knowledge to every transaction.

Their global team of bankers has years of experience in advising privately owned businesses and private equity firms on a vast range of mergers and acquisitions transactions. They believe their knowledge of advising both buyers and sellers provides them with the full perspective and the insights that further strengthen our capabilities as an M&A Broker for the lower-middle to middle-market companies.

Syed Brokerage & Capital Co
John Hancock Tower
875 N Michigan Ave, Suite 3115
Chicago, Illinois 60611
Phone: (224) 548-8400
https://syedbrokerage.capital

 

Lighthouse Business Brokers

At Lighthouse Business Brokers, their highly effective listing strategies are designed to maximize the final sale price for every business they represent. Their proven formula for success has resulted in a 95% close rate since its inception. They never charge upfront fees and their professional seller representation services are 100% performance-based.

They have over 40 combined years of living in Chicago and with degrees in finance, accounting, and business management, their advisors have the expertise you need on your side when selling your business.

Through years of experience, they have established a powerful buyer network with thousands of qualified buyers that covers almost every industry.

Lighthouse Business Brokers
150 N Michigan Ave Suite 2800
Chicago, IL 60601
Phone: (312) 291-4620
https://lighthousebusinessbrokers.com

 

Chicago Practice Sales

They provide assistance to buyers and sellers, as well. Chicago Practice Sales is staffed by dedicated dental professionals with more than 20 years of experience in their respective healthcare specialties.

They will complete a professional appraisal, list and sell your practice, and assist with the transition. Wendy Pesavento is a licensed business broker in the State of Illinois who has successfully transitioned hundreds of dental practices in the Illinois, Indiana, and Wisconsin areas.

Their preferred partners work closely together with their dental consultants to facilitate each transaction with confidentiality and respect for all parties involved.

Chicago Practice Sales
8745 W. Higgins Rd, Suite 110
Chicago, IL 60631
Phone: (847) 370-9131
https://www.chicagopracticesale.com

 

Chicago Business Brokers You Can Trust

Hopefully, these business brokers will help you get started finding the broker that will best suit your needs. It is vital that you find someone with your best interests at heart.

The size of your business can have a bearing, as can the type of business you are trying to buy or sell. It is important t find someone you trust. Selling a business is not like selling a house.

You want to make sure you are not taken advantage of and you get the money you deserve. You worked hard to build up your business, you don’t want to just give it away and watch someone else get rich off if it.

There are certain business brokers that deal with certain types of industries, so if you have something unique or unusually, aks if they can help you. Many of these businesses offer free services for consultations, so be sure to ask about that when you contact them.

Buying or selling your business is an exciting time, but you don’t want to try it alone. Contact a business broker to help you make the transaction as easy and painless as possible. Ask a professional to make sure you get everything you worked for.