Phone: 650-618-4250
Email:
royjust@business-team.com

Professional Affiliations:
DRE #00994507

Background/Experience:
Mr. Justesen joined Business Team in 1988. With over thirty years experience as a business brokerage specialist, he has built a history of listing and selling many kinds of enterprises, including small manufacturing, wholesale, auto service and repair, USDA food processors, tire store franchises, medical imaging enterprises, industrial service companies, home remodeling businesses, retail bakeries, fast-food restaurants and more, also occasionally selling the real estate associated with that business. Mr. Justesen is skilled at presenting an opportunity to a buyer in an inspiring and persuasive manner, earning a reputation among his office colleagues as a closer who procures top dollar for the seller’s enterprise. Mr. Justesen holds degrees in the humanities from several noteworthy institutions; he plays classical piano, writes, draws, and is proficient at theology on the side.

Phone: 408-807-2930
Email:
farley@business-team.com

Professional Affiliations:
CABB, Certified Business Broker, California Real Estate Broker

Background/Experience:
BS/MBA California State University - East Bay Extensive experience in finance with 20 years in commercial banking and most recently served as Executive Vice President for an independent bank based in San Jose with over one billion in assets. I started with Business Team in 1999, was number 3 in the company in 2009, in the top 10 in 2011 and finished 2013 as the top producing agent among +130 agents. As of June 30, 2018 I was number one again in the company and finished as number five in the company by December 2018. I am a long time member of the California Association of Business Brokers and among the first in California to pass the requirements to be a Certified Business Broker. I also hold a California Real Estate Broker License # 01271117. Voice Mail 408-385-0402, c/phone:408-807-2930 e-mail: farley@business-team.com

Reference Letters

Phone: 4082171626
Email:
doug@business-team.com

Professional Affiliations:
CA DRE# 02152580

Background/Experience:
Doug joins Business Team with over twenty-five years of experience in technology companies covering software, telecommunications, semiconductors, and mobile devices. He has held senior-level positions in sales and business development, product management, and marketing in both the US and global markets.

His experience also includes co-founding three successful startups for which Doug was responsible for writing the business and product plans as well as managing product management, sales, and business development. One of these startups went public and two were successfully acquired.

He has served as a mentor and judge in Business Plan Competitions at George Washington University while living on the east coast and is currently working with Cal State- Monterey on the development of an entrepreneur mentor and business plan competition.

Doug’s experience with large technology companies as well as his success in startups offers BTI sellers and buyers a breadth of knowledge on building business cases as well as targeting prospective buyers for the successful sale of their business.

Doug holds a MA from George Washington University in Telecommunications and a BA from Massachusetts Maritime Academy. In his spare time, he enjoys sailing on Monterey Bay and is licensed as USCG Captain

2022

Phone: (408) 316-5198
Email:
ian@business-team.com

Professional Affiliations:
Professional Affiliations: IBBA (past board member), CABB (past president)

Background/Experience:
Ian MacLachlan received his B.S. in Physics from San Jose University. He founded Grand Prix, a manufacturer and mail-order business for specialty motorcycle parts as well as a chain of Kawasaki dealerships. In 1977 GPC was the largest chain of Kawasaki dealerships in the U.S. After selling GPC through a business broker, he became involved in the business brokerage industry founding Business Team -the largest business brokerage firm in the Western United States. Business Team has arranged the sale of over 7000 companies to date.

Ian is a co-founder and past chairman of the California Association of Business Brokers, has previously served on the Board of Directors of the International Business Brokers Association (IBBA), and is a frequent speaker at IBBA conventions. He is also a member of M&A Source.

He has been qualified as an expert witness in business valuation and standard of care by the California Superior Court.

Reference Letters

When it came time to sell my electronic waste recycling company, PC Recycle, I contacted the broker who had sold a similar business I owned in Seattle a number years ago and he referred me to Ian and Business Team. (incidentally he was a former Business Team employee).

We soon had a number of interested buyers from within the industry but the eventually buyer, outside the industry, was a former client of Ian's who agreed to pay my asking price (actually paid me a little bit more) and the transaction closed in two months. Ian, with the assistance of Marion (Business Team transaction manager) presented the deal to a number of SBA lenders and was able to find the one bank able to overcome a major challenge (Buyer's net worth exceeded SBA guidelines).

Ian was very helpful in the negotiations from start to finish and I can heartily recommend him to any business owners planning to retire.

Sincerely,
Farhad Saifyan, Seller

I wanted to give you and your company, Business Team, a letter of recommendation for assisting in the sale of my business. You worked hard and did not give up. You brought me a number of prospective buyers and lots of good advice. Your team members were tirelessly finding prospective buyers for me to meet with. I was pleased with the outcome and the hard work it took to find the right buyer for me as I had requirements that were not just monetary.

Thanks so much

Sincerely,
Jane Groner
Founder of Pacific Placement Group

I just wanted to drop you a quick note to say thanks for your efforts over the past year. When we first met in February of 2002, you gave me a probable scenario of who would buy my business, how long it would take, and how much I could expect to sell it for. It appeared as if you were looking into a crystal ball, because you were correct in all cases. Your company did a great job with my greatest concern, letting the buyers know we were for sale without letting our competition know. The Sale was kept quiet up until the Very end.

Both you and Richard made the transition process very easy. Elaine was always on top of the details. Toni at Commercial Escrow was a pleasure to work with and made the paperwork part of the sale very simple.

Now that the sale is public, I have had people ask me how we found the buyer and how we advertised. I explained that your company took care of everything. I have given your name out to several people already. You may be getting some calls.

Thanks again Ian for delivering what you said you would.

Best Regards,
David L. McCoy, Former Owner Compass Rose Yacht Charters, LLC

It has been over a month now since my business, Flexstar Technology, was acquired by the Audax Group. After completing my transitional duties, I have been enjoying my days at home with my wife, improving my golf game and I have also been reflecting upon the service and professionalism demonstrated by you and the team at BTI.

As you know, I have been involved in the sale or purchase of Flexstar on five separate occasions. Perhaps more so than some of your other clients, I am very acquainted with the process including the stress and aggravation that accompany it. Selling a business is a lot of work; not an easy task, BTI produced a continuous stream of buyers. We were under an LOI with Golden Gate Capital and then the eventual buyer, Audax, practically since the start of our engagement agreement.

Throughout the transaction, I appreciated your calm and steady demeanor especially at the eleventh hour when what appeared to me to be a fatal development occurred. You remained convinced of the value of Flexstar, and you brought me several million dollars more than I had anticipated

Thank you again for all of your efforts. Should you need a reference please don't hesitate to contact me.

Sincerely,
Eric Vergari
Former President, Flexstar Technology

Phone: 408-385-0392
Email:
fred@business-team.com

Professional Affiliations:
BRE #02049788

Background/Experience:
Fred joins Business Team with over twenty years high-technology experience in Silicon Valley. Fred has held positions in engineering, marketing, product management, and international business development. He then purchased a small technology services company which he operated for ten years. Fred grew sales and profits by more than eight fold before selling the business in 2017. With this diverse and extensive background in both industry and small business entrepreneurship, Fred has personal experience to bring to the table for both business sellers and buyers. Fred holds a MBA from Santa Clara University and a BSEE from California Polytechnic University. Fred is also the holder of two patents in the field of fiber optic communications and has a FCC radio commercial operator’s license.

Reference Letters

2022

Phone: 650-400-4478
Email:
mnikoo@business-team.com

Professional Affiliations:
CABB and IBBA,

Background/Experience:

Nikoo has over 25 successful years of business brokerage experience as well as 25 years of business ownership. He believes that giving appropriate attention to the needs of both buyers and sellers ensures a smooth and timely close of escrow.

Nikoo has been with Business Team since 2000 where he has consistently been a top producer. He is also a 2 time recipient of the “Best client references” award.

He enjoys working with qualified and motivated clients, many of whom are referred to him by previous clients, associates, and friends. He has participated in the buying and selling of a variety of business types such as retail, franchises, manufacturing, distributors and service related businesses. Current member of CABB & IBBA. Nikoo enjoys spending spare time with his wife and two daughters and he describes himself as a soccer fanatic.

Phone: (408) 483-7209
Email:
iahmed@business-team.com

Professional Affiliations:
CABB, CBB, MBA, CBRE # 01374555

Background/Experience:
Sales Executive/Entrepreneur with thirty-five plus years’ experience with National & International Companies. Presently involved in Investments- Acquisitions, Commercial and Business Opportunities. Having had firsthand experience regarding all of the challenges associated with buying, operating and selling a business. He is known as an effective "closer:" believes in careful planning to address all of the special needs involved in any Sales or Purchase transaction. Possess the intellect to sell in a technical environment, and the ability to guide a prospect through a complex sales cycle by using consultative selling skills. Sale and acquisition of businesses. MBA- University Of Toronto- BS in Marketing- former President and founder of Bay Solutions Inc-CA, Director National Sales - WorldCom/MCI/UUNET-CA, Held senior Management Positions with major worldwide Corporations, Vice President Sales-Everex Computers-Fremont CA. Sold Main Stream market and M&A businesses, from $145,000 to $50 Million. Sold Franchises, Subway, Dairy Queen, Food Distribution, Retail Stores Flooring and carpeting Businesses, Commercial and residential Janitorial services businesses, and franchises. Automotive shops and franchises. Working with a variety of buyers for IT Software and IT Staffing companies from 5 million to 50 million in revenues. Sold Altos Management Software & Market Point to Deloitte Investments. Forno Bravo Oven manufacturing, Sold IT Staffing Companies, to name a few. Experienced in working with local and National businesses.

Reference Letters

2022

Phone: 408-242-0015
Email:
hiren@business-team.com

Professional Affiliations:
CABB, IBBA

Background/Experience:
Hiren brings over 15 years of experience in sales and marketing to Business Team. His professional track record includes award winning performances in high tech industries, retail and restaurant management from start up companies to Fortune 500. He is now putting his experience and skills to helping business owners sell their business confidentially. He is great at understanding business owners' needs and connecting them with the right buyers. His goal is to give buyers the confidence to make an educated decision for the future as well as provide sellers with the best buyer choices in the market. Hiren can be reached at 408-242-0015 or by e-mail hiren@business-team.com

Phone: 831-512-6895
Email:
armstrong@business-team.com

Professional Affiliations:
MBA, State & National Panel of Consumer Arbitrators, USDA Certified. BRE#01951410

Background/Experience:
Over 20 years of experience converging grassroots, startup, and corporate worlds in commodity trading, licensing, and venture businesses. Prior to joining Business Team, Armstrong co-founded and led two technology firms. He had also attempted an e-commerce spin-off at HP, where he managed HP’s worldwide unsolicited intellectual property and external business ventures. Armstrong earned his college education funds in the grassroots being a bank teller, HK Government employee, and census supervisor while serving in the Royal HK Auxiliary Anti-Riot Police Force. After graduation with a BS degree in Minnesota, he joined Cargill as a trainee in commodity trading in the U.S., U.K., and Hong Kong. Armstrong is a certified paralegal and has an MBA degree in finance. With his diverse experience, Armstrong has great empathy for business owners. He is dedicated to delivering the best financial results for his clients in all business transactions with high professionalism. Please call his office at 408-385-0407 or cell at 831-512-6895. Fax: 408-246-2219.

Phone: 650-996-5293
Email:
linda@business-team.com

Professional Affiliations:
California Association of Business Brokers (CABB). BRE# 01377688

Background/Experience:
As one of Business Team San Jose's top agents since 2003, Linda has successfully sold over 110 businesses. Her dedication to high-quality service won her BTI's award for the best client references among all of BTI agents. She has closed transactions ranging from restaurants to manufacturing facilities and has developed a solid reputation for closing complex and demanding transactions. Fluent in English, Mandarin and Shanghainese, Linda earned a BA in English Literature and Linguistics from Shanghai International Studies University. Linda can be contacted by (408) 385-0408, (650) 996-5293, email at businesslinda@yahoo.com or Linda@business-team.com

Reference Letters

To whom it may concern:

I am writing this letter to serve as a written recommendation for Linda Lu of Business Team Brokers.

We decided to put our business up for sale in late 2017. We had a lot of employees and vendors that we worked with. Therefore, I wanted the business to be marketed appropriately while at the same time keeping the sale confidential. As this was my first time selling a business I was apprehensive regarding the process. I needed someone professional and trustworthy who I felt could get the business sold quickly and efficiently. After interviewing 3 agents I decided to go with Linda. I felt she was knowledgeable, honest and had good communication skills. From the beginning Linda kept an open line of communication and always kept us updated. She was always available to talk when I had questions.

I stressed the fact that I wanted to keep the sale strictly confidential and only information given to qualified buyers who had the cash and experience to purchase. Linda delivered on this. All buyers were qualified financially before the information of our business was given. All meetings with potential buyers were done after hours per my request. After 3 buyer meetings and approximately 5 months on the markets Linda and her team found us a suitable, well qualified buyer. For a business of our size 5 months was a quick turn around time.

There were hiccups along the way as the buyers were from out of state. However, with Linda’s professional guidance she pulled the deal through. I am so grateful for having a great business agent like Linda on our side. I would highly recommend Linda to anyone who is considering buying or selling a business.

Vanna Chan
PAC Ranch Inc.