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Rich Kelm

Rich Kelm

Business Broker

Cell: 612-747-7318
Direct Number: 651-288-1625
Office address
1300 Godward St. NE, Suite 6000
Minneapolis, MN 55413

Rich Kelm is a licensed business broker in Minnesota, Wisconsin, and Illinois.  He has successfully sold  over 175 businesses in many different types of industries.  Rich specializes in selling home health care and assisted living businesses and is a member of care options network for senior care.  He understands the importance and details in positioning a business for sale in the market when an owner has reached the important decision of selling their company.  Rich’s experience in due diligence and closings are a strong asset to his clients trying to reach their goals.  Rich was the first Broker with Sunbelt Midwest in 2000, helping the company establish a strong presence in the Twin Cities metro that developed into the top business brokerage firm in Minnesota. He has been a member of Sunbelt’s distinguished President’s Club several times.

Rich has also owned and sold both a distribution company and a retail company, helping him understand first-hand the transaction process and the importance of finding the right Buyer for the future success of his businesses.   He continues to take courses though the International Business Brokers Association (IBBA), the authority and most recognized organization for training and education in the Business broker industry.  His education consists of a  Bachelor of Science degree in Business Management from the Carlson School of Management at the University of Minnesota and a minor in marketing. Before becoming a business broker he worked for 18 years with a major newspaper, specializing in circulation growth, sales and promotions. Rich is married and has 3 children.  He lives in Eagan, Minnesota and has coached many years in Eagan’s traveling and in house programs for basketball, softball and baseball.

As a Sunbelt Business Broker, Rich is available to assist you with marketing and selling your business or helping you to acquire a business. Rich Kelm is a member of Sunbelt Midwest, with two offices in the Twin Cities of Minneapolis/St. Paul helping people buy businesses and sell businesses in Minnesota and the greater Midwest area. Sunbelt Midwest agents are licensed Minnesota Business Brokers. Sunbelt Midwest also has business broker offices in Wisconsin and Illinois.

Blog posts:

How do I value my Home Healthcare Business so that I can maximize the proceeds of a sale?
In valuing home healthcare businesses, we look at key value drivers that help us determine what your business might sell for. Value drivers include owner dependency, experienced staff-in-place, sales sustainability, how long the business has been in the market, and referral networks. (read more)


I was truly impressed and delighted the way Sunbelt handled the sale of my company. Rich Kelm was my broker and I was blessed to have him on my side. Best experience I ever has for the 20+ years I was in business.

Yosseph Budle

Letters of Recommendation from Previous Clients:

OECS Recommendation (Niche Service)

Rother Machine Recommendation (Manufacturing)

System Support Solutions Recommendation (E-commerce/Service)

Ace Garage Recommendation (Sales/Service)

Seniors Caring Companions Recommendation (Home Health Care)

Jeff & Jim’s Pizza Recommendation (Retail Food Sales)

Home Technology Recommendation (E-commerce)

Mike & Son’s Inc., Recommendation (Pizza and Pasta)


Rich and Michael were very helpful and transparent. I really like the weekly meeting/due diligence process. I highly recommend Rich and Michael to any owners who want to sell their business. Thank you!!!

Chungyia Thao