Successful Business Broker

  • Len Krick started the Las Vegas Sunbelt Business Brokers office in March 2000.
  • He built it into one of the most successful business brokerage offices in the Sunbelt system, often achieving “Office of the Year.”
  • By 2006, the office had 14 business brokers and 3 full-time staff members.
  • He personally sold over 200 businesses from $37,500 to $32.6 million in transaction value.
  • The office has sold over 1,000 businesses to date.
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Very Successful Business Broker

Here’s Len Krick’s track record:

The national averages are approximately 25% of listings sold and 49%of asking price attained!

% of listings sold

%

% of asking price attained

%
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Board Member

  • Len Krick Has Been a Member of the IBBA for Over 20 Years
  • Served on the Board of Directors
  • Conference Chairman for 4 Conferences
  • Chairman of the Education Committee for 6 years
  • Wrote and Revised Many Courses
  • Author of Course 145: Effective Business Packaging
  • Author of Course 206: Managing the Due Diligence Process
  • Author of Course 208: Managing the Closing and Orderly-Turnover Processes
  • Lifetime Certified Business Intermediary
  • Lifetime Merger & Acquisition Intermediary
  • Fellow of the IBBA
  • He is a Frequent Presenter and Speaker at IBBA Conferences
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Len’s Bio

  • Len Krick has over thirty years of experience with both privately held and publicly traded companies, which includes: consulting, negotiating, turnarounds, bond and initial public offerings, operations, development, and business brokerage.
  • Mr. Krick has exceptional expertise in operational analysis, business planning, and packaging businesses for sale.
  • He was the co-founder and vice-chairman of the Nevada Business Brokers Association (“NBBA”).
  • Len wrote the enabling State Bill and was able to pass the legislation that created Nevada’s “Business Broker Permit” in 2006. Nevada is the only state to have such a requirement, and business brokers are required to take courses, pass an exam, and complete continuing education every 2 years.
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Len is a member of the BizBuySell Broker Advisory Council.

Prior to Business Brokerage

Co-founded and acted as Senior VP-Development for Casino Magic Corp.(formerly NASDAQ “CMAG”). He acted as the company’s liaison to the underwriters and SEC counsel and conducted road shows for both the$150 million bond offering and the company’s successful initial public offering in October 1992. CMAG was named the top-performing IPO of 1992, according to the Wall Street Journal. He oversaw the development of $1.2 billion in new resorts in Greece, Argentina, Mississippi, & Louisiana.

Co-founded and played a key role in the successful initial public offering of Europa Cruises Corporation (NASDAQ “KRUZ”) in June 1989 and was the company’s first President. He built this company up to seven ships.

Was COO for Shular Companies, overseeing fifteen hotels, land development, billboard, restaurant, gas stations/convenience stores, nightclub, and general commercial contracting operations for this privately held company.

Oversaw the marketing, budgeting, planning, and cash controls, oversaw special events, and many of the day-to-day functions as Senior Vice President of the Dunes Hotel and Country Club in Las Vegas.

Provided operational, market, and economic feasibility analyses and financial projections for a variety of large national clients as co-founder of the Leisure Time Industries consulting group of Laventhol & Horwath, CPAs, in Las Vegas.

Education

MBA, BS Hotel Administration, BA Economics and Mathematics.

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