Richard Smetana

Broker Profile

Richard earned his CBI (Certified Business Intermediary) designation from the International Business Brokers Association (IBBA) and his CBB (Certified Business Broker) from the Californian Association of Business Brokers. Through successful completion of a comprehensive training and examination program and demonstration of a high level of competency in working with middle market business owners, he also is a Certified Middle Market Business Intermediary, (CMMBI). Richard has been assisting buyers and sellers in both “Main Street” and “Middle Market” businesses. Sunbelt is the largest business brokerage network with more than 150 offices throughout the U. S. and an additional 70 worldwide. He represents business owners and buyers in East Riverside County, one of the fastest growing counties in the United States. Richard has been living in the Coachella Valley for more than twenty four years and is active in the community. He is very proud to be a founding member of the Board of Directors and past president of Big Brothers/ Big Sisters of the Desert. In addition to being a member of IBBA and CABB, he is a member and Ambassador of the Palm Desert Chamber of Commerce, Rotary International (Paul Harris Fellow Recipient) and the National and California Restaurant Associations. Richard has management, financial, organizational and marketing skills. He has a BBA (Bachelor of Business Administration) from Eastern Michigan University Business School. He has a post graduate degree in Hotel & Restaurant Management from Northern Virginia College, Graduated Cum Laude and did post graduate studies in accounting at UCLA. He has a California Real Estate Broker’s license. Prior to becoming a business broker, Richard had a successful career in management as Chief Operating Officer and General Manager of privately held corporations in the restaurant and resort industry. His prior position was with Desert Development, Inc., a subsidiary of Lowe Enterprises, which developed The Reserve Indian Wells. Richard had the responsibilities of overseeing the operations of this $6 million gross revenue business, including establishing budgets, financial controls, hiring and managing multiple departments.

Affiliations

CBI, IBBA, CABB