Midwest Municipal Financial Advisory Firm

Not Disclosed, IL
Cook County


Asking Price: Annual Revenue:
$1,334,000 $1,839,225

Services: Financial, Accounting, Insurance


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RE: Midwest Municipal Financial Advisory Firm Broker: Burt Evans
Owner Financing is Available!
willing to provide up to 10% of seller financing to a qualified buyer.

Quick Facts

Asking Price: $1,334,000
Annual Revenue: $1,839,225
Net Profit: Not Disclosed
Cash Flow: $395,194
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 10
BBN Listing #: 732957220
Broker Reference #: 3N1113

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Business Overview:

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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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