| ABOUT
US
SUNBELT is the worlds’ largest network of business
broker offices. The SUNBELT network has hundreds of offices
worldwide.
Core Values
Core Values reflect our organization's cultural values
and govern our day-to-day decisions and behavior. We
expect our employees and franchisees to adhere to these
Core Values.
Integrity – We revere honesty and forthrightness.
We adhere to the highest ethical standards, provide
timely, accurate and complete financial reporting, encourage
prompt
disclosure of bad news and welcome disagreement.
Golden Rule – We respect others and treat them
in the way that we want to be treated.
Objectives – We
clearly state and share our objectives with our employees,
franchisees, shareholders and others.
We measure our performance against these objectives and
react to new information, changes and opportunities by
adjusting our business processes to achieve and surpass
our objectives.
Excellence – We are committed to continuously
improving our performance in order to meet and exceed
the expectations
of our franchisees, customers and investors/owners. We
reward our people for improving service quality and reducing
costs.
Profit – Earning a profit rewards our investors/owners
and enables us to attract necessary capital for further
investment in our people and operating processes.
SUNBELT BUSINESS BROKERS AUSTRALIA specializes in the
sale of all types of businesses both big and small,
including those which have a freehold component.
We provide a complete service starting from an estimate
of your businesses’ likely selling price, based on
current market trends and similar sales, through to the
presentation of your business and property to the market,
advice on marketing and advertising, site visits with prospective
buyers and the eventual successful sale.
We work closely with solicitors and accountants to ensure
that the whole process is painless for you.
For a Vendor, our large database of qualified prospective
buyers means that we can start working with you immediately
to ensure a smooth and successful sales process.
For a Purchaser, you can rely on our knowledge and contacts
to align you with the business that you want.
We have proven sales success and are keen to speak with
you, whether you are contemplating buying or selling a
business or are ready to go and would like us to assist.
Management
Edward T. Pendarvis, CBI - Founder and Chairman Emeritus
Mr. Pendarvis is founder and Chairman Emeritus of SUNBELT.
He is a graduate of The Citadel, in Charleston, S.C. Mr.
Pendarvis had a successful career in real estate sales
and development before joining SUNBELT. Associated with
SUNBELT since 1983, he has participated in or managed the
sale of over 1,000 businesses. He has been a guest instructor
in business brokerage for the Texas Association of Business
Brokers, the Florida Association of Business Brokers, the
California Association of Business Brokers and the International
Business Brokers Association. Mr. Pendarvis is also a Real
Estate Broker, a member of the South Carolina Better Business
Bureau Board of Directors and serves as member of the IBBA
Board of Directors. Ed also serves as a member of the Citadel
School of Business Administration Advisory Board.
John M. Davies - Chief Executive
Mr. Davies started his career with Coopers & Lybrand,
an international accounting and consulting services firm.
He subsequently joined the Progressive Corporation and
was the President and General Manager of Progressive's
Diversified Business Group, a specialty underwriting and
insurance services operation. John left Progressive to
become the CEO of Netrex, LLC, a New York based private
equity investment firm specializing in buying and developing
insurance and auto related businesses.
In 2001, Mr. Davies and Patrick Enthoven, his long time
friend and business partner, founded Merrymeeting, Inc.
Merrymeeting has subsequently focused on acquiring and
developing franchise systems and related service companies.
Mr. Davies earned a BS in Economics from the University
of Kentucky and his MBA from the University of Pittsburgh.
He also holds the following professional certifications:
Certified Public Accountant (CPA), Chartered Property and
Casualty Underwriter (CPCU), Chartered Life Underwriter
(CLU) and Chartered Financial Consultant (ChFC). Mr. Davies
is also a licensed insurance broker.
Mr. Davies enjoys spending his time golfing, competing
in marathons and travelling with his family. He and his
wife, Allyn, have been married for 24 years and have two
children.
Jeff Harcourt - Chief of Operations
From 1990 to 1999, Mr. Harcourt served as Controller of
The Progressive Corporation's Diversified Business Group
in Cleveland, Ohio. Between 1999 and 2001, Mr. Harcourt
was Chief Financial Officer of NETREX Holdings, LLC,
and was part of Merrymeeting, Inc.'s founding management
team in 2001.
Mr. Harcourt graduated from Miami University (Oxford, OH)
with a BS degree in Accounting, and in addition to being
a certified public accountant, holds the following designations:
Chartered Property and Casualty Underwriter, Certified
Internal Auditor and Certified Information Systems Auditor.
In his spare time, Mr. Harcourt enjoys spending time with
his family, coaching youth athletics and sailing his boat
named "For Evan's Sake".
Matt Ottaway - Brand Manager
Mr. Ottaway graduated from Georgetown University in 1996
with a B.A. in Classical Languages. He began his career
as a Latin teacher at Georgetown Preparatory School in
Bethesda, Md., where he taught both Introductory Latin
Grammar and an Advanced Placement course dedicated to reading
Virgil's Aeneid. In 1999 he moved to Cleveland to pursue
an MBA at The Weatherhead School of Management. After graduating
with a concentration in finance, Mr. Ottaway joined Fifth
Third Bank in 2001 as a commercial officer in the bank's
Middle Market lending group where he managed the banking
needs of Northeast Ohio companies with sales in the $10MM-$150MM
range. He also spent time in the bank's International Corporate
Banking group working with foreign-owned subsidiaries in
Northeast Ohio, Western Pennsylvania, and Western New York.
Mr. Ottaway spends his leisure time traveling with his
wife, Tiffany, and two children, running, and playing golf
and tennis.
Thomas C. Moorer, Jr. - Information Technology Manager
Mr. Moorer is a graduate of the College of Charleston (South
Carolina) with a BA in Fine Arts. After graduation, Thomas
moved to Connecticut and worked with a Customer Support
Consulting Company working his way up to the position of
Operations Manager. In 1998, Thomas moved back home to
Charleston and made a career transition into Information
Technology. Thomas was initially hired by SUNBELT in 1999
as a Software Engineer and he designed and developed the
back-office content management system that was awarded
the "Best Business Management Web site" in 2001
by Inc. magazine. As Information Technology Manager, Thomas
oversees and is responsible for all areas of Information
Technology within the organization: public and private
web sites, content management systems, computer hardware,
networking, application design and devlopemnt, system administration
and providing technical support to more than 1000 SUNBELT
brokers in hundreds of SUNBELT offices worldwide.
In the Beginning
SUNBELT Business Advisors, LLC began operations in 1978 in Charleston, SC.
SUNBELT prospered as a single office operation until 1991 when Ed Pendarvis,
SUNBELT's founder, formed a partnership with an individual to open an office
in Greenville, SC. The partnership method was used to open additional offices
in Charlotte, NC, Columbia, SC, and Spartanburg, SC. In each case, SUNBELT
was the largest business brokerage firm in each market within a few months
of opening.
The Birth of a Franchise
In May, 1993, the License Offering Circular was approved and the existing offices,
with the exception of Charleston, were converted to franchises. In November,
1993, the SUNBELT Business Brokers trademark was granted by the United States
Patent and Trademark office and franchising began in earnest.
Industry Recognition
Since becoming a franchise, SUNBELT has been consistently
honored as the highest ranking business brokerage franchise
in the United States in Entrepreneur Magazine's "Franchise
500" issues.
Where We Are Today
SUNBELT has grown at a dramatic pace, with hundreds of franchise offices around
the world. During the past several years, our network of offices has spread
through Canada and expanded into the UK, China, Scandanavia, the Middle East,
Southeast Asia and Australia with many more openings to come. On February 1,
2006, SUNBELT was acquired (via the sale of it's assets) by MMI Business Brokers,
LLC (MMIBB). MMIBB is a wholly owned subsidiary of Merrymeeting Inc., a company
that specializes in acquiring and developing franchise systems. MMIBB exclusively
does business under the name of SUNBELT Business Advisors Network and is herein
referred to as SUNBELT. SUNBELT focuses it's operating activities on selling
SUNBELT franchises and providing services to SUNBELT's franchisees. All brokerage
and other services provided to business buyers and sellers are provided by
independently owned and operated franchisees of SUNBELT.
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