About American Business Brokers
ABB specializes in the Buying and Selling of Convenience Stores & Truck Stops. American Business Brokers (ABB) is a group of experienced professionals and a blend of talent that actively works with our clients to help them achieve their goals. ABB representatives have assisted in transactions ranging from $50,000 to multi millions.
Collective Experience
Terry H. Monroe
Terry Monroe has been in the business of establishing, successfully operating, and selling businesses for more than 25 years. At American Business Brokers, he serves as a consultant for business buyers and sellers throughout the nation, while his knowledge and expertise in multi-store operations and sales has led to several multi-million dollar transactions. As an expert source in the c-store industry, he writes a routine “Financial Insights” guest column for Convenience Store News and has been featured in CSP, NPN, and NACS magazines. For nearly a decade, his in-depth knowledge of enterprising, franchising, financing, and acquisitions have generated over 400 successful transactions for ABB, most of them in the convenience store industry.
As an owner of more than 30 different businesses and 10 different franchises, Terry has a thorough understanding of business growth and enterprise management. With ABB, Terry has created a unique organization that is a leader in the c-store industry, offering broker and consulting services to business buyers and sellers, while also developing brokers through a comprehensive training program. Through ABB, Terry has developed a personal side to the business transaction. The company offers services to clients regarding valuations, mergers and acquisitions, business sales, and franchise opportunities with the focus on finding a business that suits the lifestyle and cash flow needs of the buyer, while managing the transaction for the seller.
Throughout his career, Terry has been a business leader. He has served as president and chief operating officer for five organizations, including New Sprit Inc., C&M Video Inc., Entertainment One Inc., TPM Inc., and American Business Brokers Inc. Terry’s business ventures range from the discovery of more than 20 million barrels of oil in the St. James Oil Field, to the founding and franchising of a national video store chain, to involvement with Wal-Mart Stores, Inc., as a video rental provider that included 750 employees in 155 stores in 27 states and 2 countries.
Seeking adventure in the business world and
in his own life, Terry is an accomplished mountaineer, aircraft pilot, musician
and philanthropist. He has climbed to the summit of many of the world’s
most famous peaks, including Mount Kilimanjaro in Africa, Mount Aconcagua in
Argentina, Mount Jaungfrau and Mount Brighthorn in Switzerland. His adventurous
spirit has led him on hikes through the Andes Mountains and the lost city of
Machu Pichu, to river rafting and exploration of rain forests in Costa Rica.
Always seeking community involvement, Terry has volunteered in fund raising efforts
for The Children’s Hospital of Southwest Florida, Hope for Haiti, Naples
Community Hospital and Duke University cancer research. click
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William Cash
Comes to American Business Brokers with more than 22 years of retail and management experience with such companies as Wal-Mart, Walgreens Drug Stores and later as President of his own 32-store convenience store chain in Central Illinois and Indiana. As president of his own company he faced the daily challenged of merchandising, selection of vendors, pricing, site selection, volatile gas prices and personnel issues. His experience is invaluable to either an individual entering the business or to a present day operator who faces these same daily challenges. He enjoys working with people and helping them to find solutions to their problems in their pursuit of buying or selling of a business.
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Michael A. Tegeler
Michael comes to American Business Brokers as a graduate of both Eastern Illinois University and Loyola University of Chicago with majors in both communication and finance. Having achieved two major degrees and completed studies for the series seven license, Michael applies his experience in these fileds to valuating, marketing and selling of businesses. With experience in the financial world of stocks, bonds, investments and the ever changing world of the operation of a business, he works diligently to help our buyers and sellers to achieve their goals.
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Jim Franks
Jim has over 30 years of retail industry experience concentrating in the grocery, convenience, and fuel marketing industries. He has supervised up to 220 convenience stores, purchased products and created marketing plans for large groups of stores, and has extensive experience in business planning and marketing. In recent years, Jim has managed the purchases and divestitures of convenience stores for various companies giving him a unique insight to this complex and sensitive activity. This insight is invaluable to his clients by helping them to find businesses that are priced appropriately with incremental profit potential and is an invaluable quality when assisting clients who are interested in selling their business and receiving the maximum value from their business.
Jim has a B.S degree from the University of Illinois and a MBA from Illinois State University.
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A.J. Sandhu
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Jeff Highfill
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Brian Barkley
Brian Barkley comes to ABB with an extensive background in management, sales, manufacturing, production and retail experience.
After graduating in 1980 from Creighton University School of Business, Brian became President and co-owner of a successful packaged food wholesaler in Central Illinois. He has continued to live in the Peoria, Illinois area with his wife Rebecca and four children. Brian’s hobbies include golf, jazz, and serving on various organizations throughout the community.
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Manahar (Mike) Patel
comes to American Business Brokers with over seventeen years experience in the commercial retail industry. Specifically, he offers superb in-depth knowledge of Convenience Stores and Liquor stores. Being an owner and operator of businesses for such a long time gives him a real understanding of business valuation and an appreciation of the efforts needed to turn any business into a successful venture. Mike holds a Masters Degree in Accounting with Management. His educational background coupled with broad experience superbly qualifies him to execute any buying or selling transaction flawlessly. One of Mike’s strength lies in dealing with diversity and creating a win-win situation for the buyer and the seller as well. Mike always works hard to please his clients and takes pride in helping his clients to achieve their life long dreams.
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Dan Sperry
With a leading approach to client service and a passion for results, Dan
has built his reputation on leading his buyers and sellers through the complex
lifecycle of a business acquisition. Dan recognizes the dynamic relationship
between current market conditions, emerging trends, and price. He uses this paradigm
to his advantage when negotiating. Understanding the factors that set price is
critical; this is the key to getting deals done.
Listening is his most important tool when working with purchasers. Staying focused
on what they are looking for and finding properties that fit their lifestyle,
budget, and tastes is one of his principal strengths. Even if a buyer has been
through the process before, their next experience will surely be different. He
works with each buyer closely assuring all financials, supporting documents,
and references are organized and complete.
Dan has "walked in your shoes" as both a buyer of a business and a
seller of a business. He has also started many businesses (some successful, some
not). Dan owns and has owned several businesses over the years (financial companies,
home service companies, retail stores and restaurants) so he knows the feelings,
the financials and the fulfillment that go along with it.
He believes that if the desire and passion is there, anyone can own their own
business and thrive. It is his goal to help people reach their dream of business
ownership. He is here to help you along the way.
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Rizwan Aziz
Rizwan Aziz has owned and operated convenience stores and gas stations for almost a decade. He brings to American Business Brokers an intimate knowledge of the workings of these properties and his experience is invaluable to his role as a transaction broker. Rizwan received a degree in Business Administration from the National College in Karachi, Pakistan and a Certificate in Management & Administration from the Institute of Maaco in King of Prussia, PA. Rizwan specializes in dealing with multi-lingual buyers and sellers in the Southeast United States, in particular Georgia and Florida. He is a skilled negotiator and has an extensive knowledge of gas stations, convenience stores, restaurants, hotels, motels, and other properties.
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Dave DePaoli
Dave De Paoli graduated from Southwestern University School of Law in Los Angeles
in 1993, and has practiced both business and real estate law. Mr. De Paoli received
a Bachelor of Science Degree in Entrepreneurship/Marketing, and a Minor in Economics
from California State University, Los Angeles in 1989. Mr. De Paoli has also
been a licensed real estate broker in California since 1999. As part owner of
several businesses himself, and with his background in business and real estate
law, he is highly qualified to represent sellers as well as buyers.
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Please contact us with any questions about buying or selling a business.
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American Business Brokers
Phone: (888) 800-6898 Fax: (217) 347-3001
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