Bill and Nancy Castle, Friction Material Distribution Company (Sellers)

January 30, 2017

We hired Matt to sell our Distribution Business which has been in our family since 1936. Matt was referred to us by our long time Financial Advisor. We had no idea what was involved with selling a business and all the details that were required. Matt was so attentive to our needs and was there every step of the way. He worked with us, our bookkeeper and CPA to create a detailed financial summary and package. We had several interested parties and finally settle with a buyer who we thought was the best fit for us and closed escrow in September, 2012. Matt knew our business inside and out and was instrumental in assisting us and the buyer through the entire process including due diligence, preparing the contracts, the escrow process and closing. If we ever had a question or concern, Matt was always there to explain it and make sure we were comfortable before moving forward. Matt explained the importance of seller finance and helped us feel comfortable with carrying a note for the buyer which was instrumental in finally selling our business. We are so thankful that we can now retire and do the things we enjoy. We are going to miss working with Matt and we are pleased to recommend him to anyone looking to sell their business.

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Matt Coletta, CBB, CBI, is a Certified Business Broker and a Certified Business Intermediary with over 25 years of experience in successfully representing Business Sellers and Buyers in various industries. Matt is a Los Angeles Business Broker and represents Business Owners and Businesses for Sale throughout Southern California including: Los Angeles County, Orange County, Ventura County, West Los Angeles, City of Industry, Downtown Los Angele, Gardena, Whittier, San Gabriel, Upland, South Bay, Torrance, Newport Beach, Irvine, Brea, Anaheim, Long Beach, San Fernando Valley, Woodland Hills, Chatsworth, Sherman Oaks, North Hollywood, Northridge, Van Nuys, Burbank, Glendale, Pasadena, Sun Valley, Valencia, Santa Clarita, Palmdale, Ventura, Camarillo, Oxnard, Thousand Oaks, Simi Valley and other cities in the greater Southern California area.