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About Robert Doblmeier, M.Sc.
Expertise
I am happy to answer questions about Small Business Sales i.e. Small businesses with Gross Sales in the 250K to 50 million dollar range. The business must be privately or closely held(no publicly traded companies).

Experience
Why me? I am a full time business broker with a 14-year history in real estate in New York and Florida. I taught the New York State Licensing course for 2 1/2 years. I am the winner of VRs’ Prestigious Bronze Award for 2006, and a major reason my office won the Centurian Award in 2006. After just seven months in this office, I closed the deal that resulted in the largest single commission in our offices’ history, a record that stood for over 1 full year. I am an instructor for the Small Business Development Administration, teaching a course I designed and created called "How to Buy a Business". I am a Certified Networker and have won the Notable Networker Award three times in one year. I am also an instructor for the Referral Institute, teaching the Referral Pipeline course. In 2006, I was nominated to the Presidents' Business Advisory Council on Small Business. Most importantly, I have amassed a large database of recognized professionals that can facilitate your transaction.

Organizations
The Referral Institute, Business Networking International, International Business Brokers Assoc., German American Business Council,

Publications
Small Business Development Corp. and various private newsletters.

Education/Credentials
B.Sc. Stockton College, M.Sc. Long Island University,

Awards and Honors
Centurion Award for 2006, Bronze Award for 3Q 2006, Recognition for the First SBA loan done in the Office.

Past/Present Clients
I can not , for reasons of confidentiality name past or current clients. I can name industries where I have facilatated a transaction: marine, furniture, beauty industry, education, food service, automotive, home improvement, construction, and tax industry.

 
   

You are here:  Experts > Business > Corporate Law > Mergers & Acquisitions > Selling a non-profit organization

Mergers & Acquisitions - Selling a non-profit organization


Expert: Robert Doblmeier, M.Sc. - 9/28/2008

Question
I run a small business, sole proprietor, working in the substance abuse field.
I have been approached to merge with another business, non-profit. Their
long-term plan is to sell this business within approximately 5 years. Can we
be non-profit and then sell our assets?

Thanks

Answer
Sorry for the delay.
I have not worked with any non profits so I myself will have to check with some others, but in general I am sure you can create a format or structure to do it. Some non profit organizations generate a tremendous amount of cash, simpley not as profits to shareholders,  so more than likely you would stay connected as a member of the board of directors or some other position which would then be paid as a stipend or possible consultant or some other structure until the agreed upon amount is transferred.
Please get back to me in a few days and I can clarify the answer.
This assumes you are merged into the non profit structure.

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