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Bruce Povalish

SMB Business Brokers PLUS

License Number: 310002183

Phone: Show Phone Number

smb-plus.com


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701 Devonshire Drive, Building C-52
Champaign, Illinois 61820 (View Map)

About the Company

We are SMB advisors first! That is the PLUS service every client gets. Most all business brokers only care about getting your listing or finding you a listing AND getting you to the closing table ASAP to collect that fat check!
At SMB Business Brokers PLUS, we are very diligent in who we select as clients. On the SELL side, we take our time to make sure your business has maximized its VALUE (if not then we advise and work with you to improve your enterprise value.).

On the BUY side, we take time to understand exactly what you are looking for in an acquisition, and that includes company culture, market served and brand value in the marketplace. There is nothing worse then investing in a business at a premium and then find out it was a bad fit!

Broker Biography

Introduction

Mr. Povalish has over 40 years of financial and operational experience in over a dozen industries. After completing his college degree with honors he accepted a position at the largest international CPA firm in Chicago (KPMG). Specializing in the "Private Business Consulting" practice of the firm, Mr. Povalish worked closely with small and medium sized business owners on tax, audit and consulting matters. Industries he served as a public accountant at KPMG included domestic banking, international banking, insurance, finance, manufacturing and service. After public accounting he went on to formalize his career in the retail automotive industry for 22-years where he held every position from Controller, Director of Operations, CFO, F&I and General Manager. He was also involved in establishing and building one of the nation's top dealer-owned sub-prime finance companies where he was responsible for a $20 million plus loan portfolio. He spent the last five years of his automotive career as a consultant specializing in financial work-outs, infrastructure restructuring, Buy/Sells and process improvement. Later, he entered the retail services industry where he was a Principal, Chief Financial Officer and VP of Operations of a national $25 million manufacturer's representative company that included nationwide field and construction services for retailers like Home Depot, Lowe's, True Value, Kohls, Target and The Sports Authority. He was responsible for building and monitoring national field service and fixture/remodeling construction divisions with 800 employees in 38 states including corporate ownership in a national temp staffing company in N. Carolina with over 10,000 registered service reps. Now, Povalish specializes consulting for small businesses who cannot afford a full-time CFO and as a start-up consultant and funding broker through BGP Business Solutions, Inc. (www.BGPBizSolutions.com). Povalish owns positions in some of his clients in the manufacturing, healthcare, catering and international grass fed beef industries. After 20 years of advisory work, Mr. Povalish has moved into the business brokerage arena helping the same/similar small business owners develop a solid succession/exit plan for their business AND matching them with a buyer who will thrive with their customers and employees = culture matching.

Mr. Povalish has sat on the Board of Directors of various companies and volunteers his time with local not for profit organizations benefiting small business owners and local charities. He was also an adjunct Professor of Accounting at Roosevelt University, Manfred Steinfeld School of Hospitality, Chicago, IL.

Services Provided

At SMB Business Brokers PLUS, we specialize in working with Small Business Owners ONLY!
SELLERS- We patiently prep sellers (sometimes over many years) for a future sale at the most favorable terms and enterprise value. This is where the 20+ years of small business advisory experience separates us from other brokers.

BUYERS- We are sensitive to the uncertainty and stress buyers have when investing their hard earned money and time in busing a business that will thrive under their ownership. Here, culture match is key AND we work hard to work with buyers to structure a WIN/WIN acquisition package, including competitive financing (if needed)

Areas Served

  • Champaign County, IL
  • Cook County, IL
  • DuPage County, IL
  • Kane County, IL
  • Will County, IL
  • Licensed In

    • Illinois — License number 310002183

    Professional Affiliations

    Graduated with Honors from Lewis University Illinois with a BA in Business
    Passed CPA exam on first try in 1980
    Worked for the largest CPA firm in the world
    Has been the owner of many businesses and still owns equity positions in five companies

    Business For Sale Listings

    $318,000
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    Highly Regarded Collision Center for Sale

    Perfect Starter or Expansion shop for Body Shop Manager or Lead Body personOverview:This is a rare opportunity to acquire a highly reputable and consistently profitable auto body and collision repair center located Chicago South Suburbs. With a long-standing presence in the community, this second generation business enjoys a stellar reputation for quality workmanship, reliability, personal touch and integrity. The shop is known for being "always busy," a testament to its loyal customer base, strong referral network, and excellent word-of-mouth.Priced for the first time business owner or industry expert looking to be his/her own boss.Key Highlights:Average Seller Discretionary Earnings last 3 years: $75,000Facility Size: 1,800s.f. excluding officeAssets incl. in Sale: 2 post lifts, mix room, paint booth, mig weld and FF& EPrime south suburban Chicago location 

    $350,000
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    View Details 
    New Head Spa in Chicago West Suburbs

    This is a new fully built-out, modern boutique head spa located in a high-traffic Chicago western suburban retail corridor. The opportunity is structured as a cash flow sale and provides a turnkey setup for an expansion location or current salon key employee looking to be their own boss and step into a professionally designed space without the cost, time, and disruption of a new $100K+ build-out. The business has been SBA pre-qualified with some seller financing available with a low down payment.The spa occupies approximately 1,250 square feet and features 5 treatment rooms/areas, a front desk check-in area and “blow-out” area. The layout is open, efficient, and designed to deliver a strong client experience from entry to checkout.Current ownership is only doing limited marketing so there is the potential for major sales improvement. The rear of the space 

    $329,000
    Cash Flow: $80,000 
    St Charles, IL 
    View Details 
    Chicagoland Pizzeria Franchise Restaurant at Deep Dish Discount!

    Executive SummaryThis is a rare opportunity to acquire a well-established franchised sit-down restaurant with a full bar with built in sales of $1.5 million in the Chicagoland market.One of Chicago’s most iconic and beloved restaurant brands, famous worldwide for its authentic Chicago-style pizza. Owning this franchise provides the powerful combination of instant brand recognition, a proven operating system, and strong ongoing franchisor support — significantly reducing the risk compared to starting an independent restaurant.This business benefits from loyal local customers, tourist traffic, and the enduring appeal of its Chicago’s signature pizza. It represents a turnkey investment in a premium, high-recognition brand with strong cash flow potential.________________________________________The BrandFounded over 50 years ago in Chicago, it introduced its 

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