IBA, as the premier business brokerage firm in the Pacific Northwest, is firmly established as a respected professional service firm in the legal, accounting, banking, mergers & acquisitions, real estate, and financial planning communities. Periodically, members of our corporate team with knowledge to share for the good of owners of privately held companies & family owned businesses will provide content. The following blog has been provided by Curt Maier, IBA’s VP of Business Development, and Charlie Magee, an experienced, knowledgeable franchise broker affiliated with IBA.
Charlie Magee, FranNet’s Top Puget Sound Franchise Broker, Affiliates with IBA
BELLEVUE, WA. (December 7, 2021) – International Business Associates (IBA) announced today an affiliation with Charlie Magee, a licensed franchise broker with FranNet, that will benefit the clients of each party in a significant manner. IBA is a mergers & acquisitions/business brokerage firm that is focused primarily on the sell side representation of privately held and family-owned businesses in the main street and middle markets. Charlie and FranNet are focused on individuals seeking small business ownership through the purchase of a franchise. Facilitating a business transaction, IBA works closely with prospective buyers evaluating existing businesses for potential acquisition they have been engaged to sell. Should there be no opportunities in inventory for the buyer to consider that match their search geographically or by industry, the purchase of a new franchise is an excellent alternative for consideration by the buyer. In 2018 IBA established a franchise division headed up by Curt Maier, another experienced and licensed franchise broker, and the VP of Business Development for IBA. By affiliating with Charlie, IBA has added more experienced, knowledgeable bandwidth to this division to service buyers with more than businesses presently listed for sale. Gregory Kovsky, President & CEO of IBA, conveyed “one of the biggest problems with our business model is that we cannot order inventory to satisfy the demand from the large number of entrepreneurs who want to work with IBA based on our reputation for integrity and best practices in the marketplace.”
For Charlie, the opportunity to affiliate with IBA enables him to provide ‘cradle-to-grave’ service to his clients as he can provide an exit strategy solution to new franchise owners and his large legacy of clients who successfully bought franchises through him in the past utilizing IBA’s large, talented team of intermediaries working out of company offices in Bellevue, Portland, and Spokane, with several being experts in franchise resales. Individuals should not invest in a franchise without the ability to sell down the road and in fact, the average period of ownership of small businesses is eight years. IBA has a double-digit number of business brokers working throughout the Pacific Northwest (Washington, Oregon, Idaho, and Alaska) and their nearly fifty-year reputation for excellence attracts buyers both domestically & internationally seeking business opportunities in the Pacific Northwest. Should franchising be an option for them to consider, the Franchise Division of IBA will utilize Charlie, along with Curt Maier, to satisfy this demand.
Commenting on this affiliation, IBA President Gregory Kovsky stated “the affiliation with Charlie Magee, an easy decision because he was already a trusted collaborative partner, adds bench strength to our Franchise Division and enables Charlie to enhance his market presence and serve more clients. IBA is a collaborative firm and always trying to provide the highest level of service to both sellers and buyers.” IBA Franchise Division Director Curt Maier is pleased with the affiliation stating “I have known Charlie for almost a decade and have been impressed with his knowledge & professionalism. We have a growing need to work with buyers on franchise alternatives and have every confidence in Charlie’s ability to help them evaluate franchise options.” Charlie is pleased to join the IBA team and stated “my affiliation with the IBA Franchise Division and entire team is a fantastic opportunity for a ‘win-win’ as I will be referring franchise resale opportunities to my IBA colleagues knowing they will be managed professionally with market leading knowledge, experience, and skill. And likewise, I want to be a resource to them for quality buyers that cannot wait for inventory of existing businesses meeting their criteria to develop”.
About the International Business Associates
International Business Associates (IBA) is a 47-year-old business brokerage firm which sells privately held companies and family-owned businesses with values ranging from $500,000 to $25,000,000. IBA has completed 4200+ transactions in industries ranging from retail to manufacturing, technology to service, and professional practices to education. Clients receive confidential representation by mergers & acquisitions professionals with the knowledge, experience, & professional skill set required to complete a business sale for the maximum possible market value while employing best practices. All IBA professionals hold real estate broker licenses for one or more geographic areas served by the firm. Questions or comments about this news release may be directed as follows:
Curt Maier, IBA’s VP of Business Development, (425) 454-3052 or curt@ibainc.com
Charlie Magee, Lead Franchise Broker – IBA, (360) 489-2153 or charlie@ibainc.com.
IBA, the Pacific Northwest’s premier business brokerage firm since 1975, is available as an information resource to the media, business brokerage, mergers & acquisitions, and real estate communities on subjects relevant to the purchase & sale of privately held companies and family owned businesses. IBA is recognized as one of the best business brokerage firms in the nation based on its long track record of successfully negotiating “win-win” business sale transactions in environments of full disclosure employing “best practices”.