Fifteen members of the Georgia Association of Business Brokers (GABB) were named to the 2016 Million Dollar Clubs for helping to broker the sale of small-, medium-sized and large businesses in 2016. They were honored Tuesday night.
The top producer for 2016 was Matt Wochele, founder of Preferred Business Brokers, Inc. “The current market condition for private business sales is active and strong,” said Mr. Wochele, a Certified Business Intermediary. “We are seeing more qualified buyers whether they are individuals, partnerships, strategic industry buyers or private equity they all want the opportunity to look at the deal. Money is more readily available and the banks want to participate.”
“While this may seem like a seller’s market, I would caution sellers not to take lightly one of the most important financial and life decisions they will make. We share a lot of time with sellers discussing and planning their exit strategies,” said Mr. Wochele. “If you are a business owner thinking about selling your company, I hope you will reach out to a professional with the Georgia Association of Business Brokers to help guide you through the process.”
Business brokers in the top five with multi-million dollars in sales for the year included the number two producing broker J. Snypp, Vice President of Preferred Business Brokers, Inc. Snypp became a life member of the Million Dollar Club for having earned the designation for five years.
The Georgia Association of Business Brokers (GABB) is the state’s only professional organization dedicated to buying and selling businesses and franchises. The GABB maintains a website that lists hundreds of businesses and franchises for sale throughout Georgia in a variety of fields.
I’ve learned over the years that business brokerage goes beyond the monetary exchange of buying and selling a business.
Selling a business is one of the most important decisions an owner makes. Choosing the right broker to work with in that process is equally important.
Trust confidentiality and diligence is the key to a successful closing where all parties are happy.