I made an offer on a business and submitted a deposit with a signed LOI.This letter was non-binding and when the sellers did not accept my offer the broker, Sunbelt Northern Virginia refused to return my deposit.
I am now about to enter litigation with the broker. This broker is incompetent and even asked me to "bullet point" the purchase agreement so he could better understand it. I will never do business with these clowns again! Beware of Greg Ellwood, not only is he incompetent he also forces legal and accounting advice on those who are not his clients.
Business Brokers are like Realtors, 99.9% of them are idiots and Sunbelt is the worst of them all.Try going to their website and looking up contact information for their corporate office.
Greg
Leesburg,#2REBUTTAL Owner of company
Fri, February 23, 2018
The complaint was filed by a buyer that tried to manipulate the system. Erik is a complete liar. There is not one shred of truth in his complaint He tried to extort $10,000 from the firm to to remove disparanging web complaints that were vicious and false. All because he didnt get his way. I have decided to file a law suit against Erik, the complatintant for false defamation. So much for trying to help the first time buyer. Beware of Erik Korondy, who is not from Vienna.
We have succesfully handled over 100 transactions in the Northern Virginia market with a book full of recommendations.