• Report: #19956
Complaint Review:

Sunbelt Business Brokers

  • Submitted: Wed, May 01, 2002
  • Updated: Thu, September 15, 2011

  • Reported By:
Sunbelt Business Brokers
3150 W. Sahara Las Vegas, Nevada U.S.A.

Sunbelt Business Brokers EXTORTIONISITS!!!! the business that doesn't give a dam Las Vegas Nevada

*UPDATE Employee: Sunbelt Business Brokers - Most Professional

*REBUTTAL Owner of company: Looking For Qualified Buyers ..sorry for any inconvenience

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A business broker is a company that sells existing businesses to interested and qualified buyers, in much the same manner that a Realtor would sell a house.

When a business that is listed with Sunbelt is sold, Sunbelt will collect a commission. This is standard business operation with ANY business broker or real estate broker.

HOWEVER... after Sunbelt Business Brokers get a listing, THEY DO NOT ATTEMPT TO SELL THE BUSINESS FOR THIER CLIENT!!!

Why do I say this? Because I AM A QUALIFIED BUYER!!!
I have contacted their office several times in an attempt to purchase a business that they listed for sale. They requested that I send in some personal information about myself, which I did. They NEVER responded. I called the FRANCHISE HEADQUARTERS in South Carolina BEGGING for Sunbelt to SELL ME A BUSINESS, and THEY NEVER RETURNED THE CALL!!!

Please note, that OTHER BUSINESS BROKERS that I have contacted were more than willing to assist me!!! I AM A QUALIFIED BUYER.... NOT SOME "WANNABE" OFF THE STREET.

This is a form of EXTORTION, because the business owners sign forms that state that Sunbelt Business Brokers will collect a commission when the business is sold, and it doesn't matter if Sunbelt attempts to sell the business or not!!!


If you are interested in listing your business for Sale, DO NOT LIST IT WITH SUNBELT!!!

Ken E.
Henderson, Nevada

This report was posted on Ripoff Report on 05/01/2002 06:22 AM and is a permanent record located here: http://www.ripoffreport.com/reports/sunbelt-business-brokers/las-vegas-nevada-89102/sunbelt-business-brokers-extortionisits-the-business-that-doesnt-give-a-dam-las-vegas-19956. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 UPDATE Employee

Sunbelt Business Brokers - Most Professional

AUTHOR: Sunbelt of Las Vegas - (United States of America)

I have worked for Sunbelt in Las Vegas for over 5 years.  They have a stellar reputation and are excellent about responding to buyers who are interested in opportunities.  The Las Vegas office is one of the top 10 offices in the country with regards to closed sales. We only sell businesses by responding to potential buyers they do not sell without significant marketing and communications.  They also advertise significantly more than their competition and always do an independent valuation to ensure that the business is priced in a range that it can sell.  I really do not know why a buyer or seller would look anywhere else.  With regards to the complaint that they do not respond to buyers.  Without quick and professional responses we would not be in business. There are times when we receive a profile of a buyer and the information lacks the proper contact information.  We call or email and get no response. However, that happens very seldom and our office is easy to find.  We are happy to meet face to face with any interested buyer or seller.  Frankly, this complaint has no basis in fact.  Just try and contact us and you will see that someone will speak to you immediately or respond within one business day at the most.  We normally have 3 to 4 individuals in our offices available to speak to any buyer or seller during business hours.
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#2 REBUTTAL Owner of company

Looking For Qualified Buyers ..sorry for any inconvenience

AUTHOR: Ed - ()

Dear Ken E. Henderson:

Sunbelt Business Brokers does indeed wish to help you buy a business confidentially. I am at (800)771-7866 extension 2411, and I look forward to talking to you very soon.

Due to the confidentiality requirements of selling and buying a business, we usually require a face-to-face meeting with a buyer and/or seller. The information is public in a Real Estate transaction, but business information is extremely private and not sent out over e-mails, fax or telephone unless we have met with you personally to determine your elegibility for looking at a particular business. Confidentiality is critical!

I am very sorry for any inconvenience. Please call me as soon as possible or contact Len Krick at (702)364-2428. We would be glad to help you!

Ed Pendarvis
President & Founder
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