Franchising.com | November 2016
Nation’s Premier Business Brokerage Firm to Meet Demand in Southeast Virginia
VIRGINIA BEACH, Va. – Murphy Business & Financial Corporation LLC, North America’s leading, full-service business brokerage firm with more than 180 offices in the United States and Canada, recently announced the opening of an office servicing Hampton Roads and surrounding communities in southeast Virginia. A full range of services and support are now available to local business owners seeking professional brokerage counsel.
Frank Chebalo, owner of Advanced Business Brokerage, has joined the Murphy Business franchise network to provide one of the state’s most comprehensive business brokerage services. The Virginia Beach Murphy Business office will support entrepreneurs with the sale of their businesses, purchases, valuations and mergers and acquisitions.
“Murphy Business & Financial Corporation is a reputable name that I’ve been familiar with since I started my business brokerage career,” said Chebalo. “I’ve been impressed with the company’s pace in the industry, growth and development and overall position it currently holds in the business brokerage space. Our team looks forward to meeting the visible demand in the area by being a trusted partner to business owners and interested buyers with the support of the Murphy Business brand.”
Prior to his work with Murphy Business, Chebalo held executive positions in the New York Times Company’s Broadcast division which was made up of nine television stations. His most recent broadcasting role was president and general manager of WTKR-TV, the CBS affiliate in Norfolk, Virginia. His experience with financial and capital planning, management and strategic leadership in the broadcasting industry refined his business skills, leading Chebalo to realize a newfound appreciation for business negotiations and acquisitions. In 2007, Chebalo left the broadcasting sector to join Sunbelt Business Brokers of Hampton Roads as a senior business broker where he aided in the buying and selling of storefront businesses for clients. Upon his success as a senior business broker, Chebalo launched Advanced Business Brokerage where he and his team specialized in the sales and acquisitions of Main Street businesses. Today, Chebalo brings his team, expertise and extensive database of local clientele to join the Murphy Business network.
As he looks at today’s marketplace, Chebalo sees an increase in demand for business brokerage services – a growing pool of qualified buyers is emerging as unemployment continues at its current rate and instability within corporate environments remains persistent. Chebalo has seen an increase nationally, as well as locally, over the last 12 months of businesses being sold and at higher prices – the industry expects the upward trend to continue through 2016. To learn more about the Virginia Beach Murphy Business office and its unique collection of business brokerage services, contact Frank Chebalo at f.chebalo@murphybusiness.com.
About Murphy Business & Financial Corporation LLC
Clearwater, Florida-based Murphy Business & Financial Corporation LLC is a full-service business brokerage firm facilitating business sales, purchases, consulting, valuations, mergers and acquisitions. Closing deals at a higher ratio than the business brokerage industry average, several accolades have been bestowed upon the company including Top 50 Franchisee Satisfaction Award-Winner 9 consecutive years according to Franchise Business Review.