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Listed by:

Sun Acquisitions

Midwest Municipal Financial Advisory Firm For Sale

Cook County, Illinois, US
Asking Price:
$1,334,000 Furniture / Fixtures included
Sales Revenue:
$1,839,225
Cash Flow:
$395,194

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 2020 client representing less than 10% 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.

This is a great opportunity for an individual knowledgeable in public finance and economic development or for an existing firm seeking to grow via an acquisition. The office space is central to the business community and consists of 4,014 sq ft. with many private offices. In 2020, as a result of Covid, the staff proved they could work successfully while remote so there is an opportunity to reduce office space. 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 will provide the new owner with needed training and will assist with creating a smooth transition to its processes and client 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 - included in the asking price
Relocatable:
This business can be relocated.

Contact Sun Acquisitions

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