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SBDG Signs MOU to Acquire Real Estate Appraisal Company – GlobeNewswire

Small Enterprise Enchancment Group (OTC: SBDG) Indicators Memorandum of Understanding: First Step in.......

Small Enterprise Enchancment Group (OTC: SBDG) Indicators Memorandum of Understanding: First Step in Enchancment of SBDG Exact Property Vertical

Woman LAKE, Florida, June 09, 2021 (GLOBE NEWSWIRE) — by way of NewMediaWire — Small Enterprise Enchancment Group, Inc. (OTC:SBDG) has signed a Memorandum of Understanding (MOU) for the acquisition of An actual estate appraisal agency.  Closing of acquisitions is topic to passable completion of due diligence. As a publicly traded holding agency on OTC Markets, SBDG’s plan is To assemble its portfolio with Industry centric verticals.  That is The first step Inside The event of a vertical of real estate holdings for SBDG. 

This acquisition goal is An actual estate appraisal agency based mostly in California, is properly-communityed, and has been rising steadily since inception, with 2020 income in extra of $600,000 and 2021 on a run price to exceed the earlier yr.  With an infusion of capital, know-how, and human assets SBDG plans to assist current administration and increase operations into Nevada, Arizona, Idaho, Texas, Florida and North Carolina. 

“The possession of this appraisal agency has assembleed A nice strong Industry, and has fostered unbelievable relationships Inside the Industry,” said SBDG Chief Working Officer Brian Jue.  “We’re assured that with an infusion of capital, know-how, expertise and community, That we’ll collectively construct An group and mannequin with nationwide presence.  It is step Definitely one of a greater plan centered round real estate in America.”

Small Enterprise Enchancment Group, Inc. (OTC: SBDG) is a holding agency publicly traded on OTC Markets. SBDG has an lively mandate to decide and buy operating corporations with a choice for these Inside the small to medium sized enterprise area (SMBs and SMEs) based mostly in North America, particularly these demonstrating modest however predictable progress and profitability over time. Best candidates for acquisition have an enterprise worth between $2 million and $50 million with assembleive money flows between $500 thousand and $5 million. SBDG’s intent for all acquisitions is to afagency or set up sound Industry fundamentals and to drive income and profitability progress. The objective of SBDG is to develop and align portfolio corporations into extreme efficiency Industry verticals and ship further worth for its stakeholders.

The agency Is predicated in Florida and has workplaces in California, Illinois, Maine, New Jersey, and North Carolina. 

For extra information, go to www.SBDGHoldings.com

Notice to Buyers

This press launch inagencys sure forward-wanting statements based mostly on our current expectations, forecasts and assumptions that contain risks and unsureties. This launch Does not recurrent A suggestion to promote or a solicitation of provides To buy any securities of any entity. Forward-wanting statements On this launch are based mostly on information out there to us as of the date hereof. Our actual end outcomes might differ materially from these said or implied in such forward-wanting statements, As a Outcome of of risks and unsureties Associated to our Industry. 

850 Teague Path, #580, Lady Lake, FL 32159 US

Offices in California, Illinois, Maine, New Jersey, and North Carolina