Cobalt Business Brokers

The word Cobalt comes from the Greek word for mine, or cobalos.  More traditionally, Cobalt is known as a transitional metal named on the Periodic Table of Elements.  Because of its permeable and thermal properties, Cobalt is widely used in alloys and magnetic products.  It is also used as a catalyst in the preparation and production of many petroleum products.

For Cobalt Business Brokers, these descriptive words aptly define who we are and what we do.  With a focus for providing exceptional opportunities, we are continually mining small business for the right situations to present to our clients.  As a business intermediary, we work with both buyers and sellers of small businesses.  To do this, we need to be flexible, creative, and sensible as the buying and selling parties work toward striking a deal.  To be successful, we bring parties together, offer sage advice and most importantly: complete the transaction.

Including Founders Craig Bakstad and Chris Silk, Cobalt’s brokers have over fifty combined years of business experience.  Their histories of success are used in identifying all the new business listings in our portfolio.  As the Baby Boomer generation ages toward retirement, the supply of small businesses for sale are going to far exceed the supply of buyers and the financial resources to buy them with.  According to the Exit Planning Institute, 7.7 million business owners will “exit” their business within the next 10-15 years; 50% of existing businesses will change hands during that time, annually doubling the amount of businesses on the market.  As a result, Cobalt carefully selects the most attractive “for sale” prospects and presents them to only serious buyers who recognize and value a great business opportunity.