Carl Grimes

(479) 770-8989

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Company

"Confidentially Helping People Sell & Buy Businesses to Secure Their Financial Future"

Founded in 1994 as Grimes Business Brokerage, CBI+Team has grown to the largest business brokerage company in Arkansas, Missouri and Oklahoma with four offices serving the Mid-America region.

The idea of a business brokerage based on principles of integrity and fair dealing came to Carl Grimes in 1992 as he handled two closings for a local business broker as part of his duties as a closing agent in a title company Grimes had owned and sold. Grimes discovered that although business brokerage could be lucrative it was also fragmented and had an unsavory reputation. Grimes saw how Sellers and Buyers could be manipulated by a business broker who was only focused on collecting a commission, not doing what was best for the Sellers and Buyers.

Grimes wrote a business plan in 1992 and in December 1994 when his contract with the title company expired and he began operations in Fayetteville, Arkansas.

In March 1995, Grimes learned about Sunbelt Business Brokers, a national franchise network based in Charleston, South Carolina. After attending training in Dallas, Grimes bought the franchise for Northwest Arkansas and founded Sunbelt Business Brokers of the Ozarks.

In 1999 the Northwest Arkansas operation was named “Office of the Year” by the Sunbelt Network of over 250 worldwide offices.

In 2000 Grimes bought the franchise for Springfield, Missouri and established a full service business brokerage there.

In 2007 Grimes bought the Joplin, Missouri territory and added Fort Smith, Arkansas in 2009.

The company has moved its corporate offices to Lowell, Arkansas, the center of booming Northwest Arkansas.

In 2009 the company added the name CBI (Confidential Business Intermediaries) to represent the growing presence and ability of the CBI+Team to handle Mid-Market Mergers and Acquisitions.

The CBI+Team has handled numerous large M&A transactions and is a member of the International Business Brokers Association and Chambers of Commerce in Fayetteville, Springdale, Roger-Lowell and Fort Smith, Arkansas, Joplin, Missouri and Springfield, Missouri, the M&A Source and Grimes is president of the Professional Association of Arkansas Business Brokers (PAABB). Grimes was also the first president of the President’s Advisory Council, an organization Grimes established with some other Sunbelt office owners to represent the franchises of the Network.

The CBI+Team has handled hundreds of business sales with the best trained business brokerage force in the nation.

In November 2011, Grimes received the status “Fellow of the International Business Brokers Association.”

In 2010 Mr. David Potts, CPA, became Managing Partner of the Fort Smith/River Valley office for CBI+Team.

In 2011 Ms. Vicki Bronson assumed the role of Managing Partner for the Joplin, Missouri office of CBI+Team.

The CBI-Team has handled hundreds of business sales with the best trained business brokerage force in the nation.

Grimes was selected to do the training DVDs for the entire Sunbelt Network in 2004. The DVDs are still being provided to new Sunbelt trainees around the world. Grimes also trained the broker force for the United Kingdom, Scotland and Wales and Ireland in 2006 as part of his duties as First Vice-Chairman of the Board of Directors of SBAN (Sunbelt Business Advisors Network) a group of 83 Sunbelt office owners that bought the Network from the founder, Ed Pendarvis.

SBAN was sold in 2005 and Grimes has been focused on growing The CBI+Team since.

In 2013 CBI+Team headquarters relocated to Springdale, Arkansas and an additional office was opened in Little Rock, Arkansas with Connor Grimes assuming the role of Managing Partner.

In 2014 CBI Chairman and founder Carl Grimes announced the official name of the largest business brokerage in the region is Confidential Business Intermediaries/The CBI+Team. CBI and Carl Grimes have eliminated association with Sunbelt.

With a current total of seven CBI+Team offices, the managing partners will now focus on the growth of CBI+Team and the brand nationwide.

Areas Served

  • Benton County, AR

Established Businesses For Sale

Listing Headline
Date
Sale Price
Asking Price
Gross Revenue
Cash Flow
08/12/2014
$93,000
$100,000
$109,491
$66,185
11/06/2013
$775,000
$785,000
$269,645
$124,442
11/10/2011
$245,000
$245,000
$571,282
$83,931
Hardware Store- Real Estate Included
Northwest Arkansas, AR
11/04/2009
$900,000
$964,000
$1,801,811
$236,712
02/06/2006
$1,200,000
$1,224,000
$709,621
$112,714

Serving:
Washington County, AR

Kathy Janus has been the office manager for The CBI+Team in Northwest Arkansas since 2009. Growing up in South Dakota, Kathy developed a passion for nature and outdoors. Kathy and her husband, Mark, moved to Arkansas in 2003, when Mark transferred positions with Tyson Foods. With 3 grown children and 2 grandchildren, Mark and Kathy have been married for over 30 years and are looking forward to the next 30 years. Their oldest child, Allen, and his wife Megan live in Stillwater, Oklahoma, with...

Serving:
Washington County, AR

Casey Grimes is a Senior Intermediary for The CBI+Team with a multitude of experience in sales and business management. He managed and was chief operating officer for two years of The CBI+Team headquarters in Northwest Arkansas as well as the locations in Springfield and Joplin, Missouri. Coordinating training, meetings and recruiting for intermediaries during this time gave Casey much experience in business brokerage. He is a member of the International Business Brokers Association and has...

Serving:
Tulsa County, OK

Roy is an Associate Intermediary for The CBI+Team office in Springfield, Missouri and works the Tulsa, Oklahoma market. He has been involved in small business most of his life, beginning at age 13 working in his father’s grocery store while attending school and ultimately graduating from Northeastern State University in Tahlequah, Oklahoma.

Roy’s professional experience started when he went to work for a privately owned chain of pawnshops. Once he became the Operations Manager, he...

Serving:
Summit County, CO

Over 25 years in real estate, 14 years in commercial sales/management, has equipped me to help with all transactions from the sale of the business itself to include sale of the real estate related to the business. My wife, Becky, and I have bought 4 businesses and sold 2 of those so we have experienced what both buyers and sellers will go through in the sales/purchase process.

Serving:
Pulaski County, AR

Tom Stanton has over 30 years of highly diversified experience in financial and operation management of a couple of large Arkansas based corporations after which he founded his own company specializing in venture capital and mergers and acquisitions.

Stanton holds a Bachelor of Arts Degree in Accounting from Hendrix College in Conway, Arkansas and a Masters of Business Administration Degree from the University of Arkansas in Fayetteville, Arkansas. In addition, he holds a Securities...

Serving:
Saint Louis County, MN

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