Highly Profitable Trading Brokerage, Strong Sales Engine Chicago

Chicago, IL (Cook County)

Highly Profitable Trading Brokerage, Strong Sales Engine Chicago

Asking Price:$2,400,000

Cash Flow:$775,000

Gross Revenue:$1,360,000

EBITDA:N/A

FF&E:$20,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2009

Highly Profitable Trading Brokerage, Strong Sales Engine Chicago

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Business Description

Trading Brokerage w/Highly Profiltable Sales Engine + Great Team

This retail Futures Trading Brokerage business is in the midst of major expansion and has just increased revenue by 35+% in 2016, thereby also greatly increasing profitability for the new owner. The rolling profit to a new owner is expected to be $950,000.00 to $1,000,000.00 annually starting in 2017 without even adding more brokers. Growth is only limited by the number of brokers that a new owner has working this very proprietary model at this particular brokerage. The model is able to be scaled as appropriate for any operator per their preferences and is very predictable down to the point of being a standardized process in developing new business only dependent on the number of people executing it to reach new goals.

This Seller is continuing to build this business and increasing the future value of this business very proactively even while being sold, which is all the better for a new owner. This is a very smart seller that is willing to assist a new owner in transition and potentially on an on-going basis as will be established during the purchase process. The seller of this brokerage would potentially be willing to stay on as a 20-30% owner for the right buyer/partner. He would prefer to sell the entire brokerage, but is willing to entertain a 70-80% purchase structure and stay involved with an appropriate buyer or buyer group.

This Futures Trading Brokerage Firm is located in the greater Chicago area. This firm is dedicated to serving a wide variety of clients from individuals to large institutional clients with a primary purpose to provide its clients with the tools, resources, and experience that they deserve from a high quality brokerage. This brokerage has a very successful and robust sales engine that is always generating new incoming revenue month over month, which makes the revenue very predicable.

This is a trading brokerage and in order to make market calls, this business requires at least one individual to have a series 3 commodities and futures contracts license. This firm has a clean regulatory record with the National Futures Association (NFA). There have been no complaints, arbitrated cases, or orders of reparations made against the firm.

Purchaser will acquire all business assets in place to operate this business including all proprietary practices and software, business development strategies, marketing plans, client lists, business relationships, business equipment, office furniture, office fixtures owned by the business, and all other assets of the business entity.

Key Components & Capabilities:

This firm specializes in the customization of brokerage services by offering a number of basic levels of service tailored to meet each client’s trading needs. The levels of service range from the ability to assist the self-directed trader who likes to work independently and wants to take advantage of a diverse product platform to a more comprehensive level of service for clients who prefer the help of a professional. There are additional options such as managed futures for the client looking for portfolio diversification and/or commodity exposure and desires the help of a professional money manager with an established track record. That said, the sales engine or model is really the key to this businesses growth and success. Managing the sales engine and the brokers feeding it is a key primary responsibility of the owner.

This firm offers packaged trading programs to use for educational and guidance purposes. The programs help establish as well as enhance specific trading knowledge. This firm also appeals to the professional as they provide the needed platform choices, trading tools and technical support vital for all client types. The diverse list of technology options allows each client to find a one-stop shop solution for their trading needs. In addition, various trade alert systems are offered and are in place to notify clients on a subscription basis.

Database & Marketing Model:

The database of client leads that has been developed by this firm is unmatched for firms of its size and even as compared to larger firms. The data contained in their system is solid and key to the success and growth of the company. The leads have been developed using a very efficient and very cost effective strategy unique to this particular group. The database content development and the marketing strategy that drives it are essential to this business model.

Overall Capabilities:

The capabilities and attributes of this trading group have created an environment conducive to continued growth from a revenue standpoint as well as employee standpoint.

Contact Dennis Hansmann, American Business Acquisitions, www.abausa.com, dennis@abausa.com, 312-360-1955
Our ABA business brokers are happy to help.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The current rent is $6725.00 per month. The current lease period expires on July 31, 2018, but can be extended in various increments if desired. The amount of space can also be expanded as needed in this arrangement. The business owner just moved to this prestigious location in order to provide adequate space to hire more brokers and essentially more than double the number of brokers working for him, which he has done within the last couple of months.
Competition:
Other futures trading firms are present in and around Chicago as well as other cities, but this small firm has implemented a unique model that will continue to allow for growth without the relative costs for growth being prohibitive up front that is more typical in seeking new clients in traditional firms. This model is unlike the vast majority of others and will sustain itself as well as be predictable from a revenue standpoint month over month.
Growth & Expansion:
This is a trading firm and is exposed to all the standard ups and downs associated with futures trading, but due to their dialed in model they have the ability to manage their particular business growth year over year in a more stable manner based on past experience with their model.
Financing:
Seller may stay on as 20-30% owner or hold a small seller note.
Support & Training:
Training will be provided for a term as agreed in purchase agreement. Seller may also stay on as partial owner depending on wishes of new owner and as it is agreed in the purchase structure.
Reason for Selling:
Eventual relocation after agreed training and transaction involvement.

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Dennis Hansmann

Business Listed By:
Dennis Hansmann

American Business Acquisitions Inc.

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