Poised for Exit produced a special edition show and invited Randy Krivo of Sunbelt Business Advisors to be a guest interviewer and feature a client of his who successfully sold her business during COVID!
Amy Frischmann and her brother Dan, took over the Wild Mountain Ski Resort from their parents in 1995, who bought the business in 1972. Amy and Dan sold the business to an owner operator in March of 2020, but due to the onset of the pandemic, the closing was cancelled. After some creative structuring facilitated by Randy, the buyer, seller, and lender worked together to get the deal done, and it closed in June of 2020.
Randy worked closely with Amy and Dan to help them achieve their best possible exit. The magic for Amy was that the buyers were the right fit. Legacy was very important to her and her family. They knew they didn’t want to sell to a large corporation, but rather to a buyer who had a personal interest and experience in the ski industry; they did just that.
Sunbelt Business Advisors is a proud sponsor of the Poised for Exit Podcast. The Poised for Exit podcast seeks to help entrepreneurs improve, grow – and successfully exit – their businesses.
Julie Keyes, a life-time entrepreneur and founder of KeyeStrategies, understands what keeps an owner up at night and the balancing act required to work both ‘in’ and ‘on’ the business. The firm’s mission is to help business owners increase enterprise value and prepare for a future exit.
Julie believes in providing outside perspective and mentoring, which made all the difference for her while spending years growing and improving her companies before selling and becoming a business adviser in 2011.