Transworld Business Advisors’ Paul Ihrig Closes Business Sale

Active Florida CCIM Central District member Paul Ihrig reports the recent sale of a business. Details of the transaction include:

• Property Name/Address: Rose Avenue Car Wash, 8818 Rose Avenue, Orlando, FL 32810
• Tenant/Buyer: Shree Balak, LLC
• Size and/or Value: $550,000
• Sold after 147 days on the market at 96% of the original listing price.

Paul joined Transworld Business Advisors in 2016 and focuses on assisting business owners with the sale or purchase of business opportunities. Prior to joining Transworld, Ihrig served in the banking industry.

During his 32-year career in banking, Paul has served as Senior Vice President of both a State Bank and National Bank and was the Senior Loan Officer of a National Bank. His focus since 1989 has been on providing financing to small businesses, primarily through the U.S. Small Business Administration (SBA) programs and has financed numerous business acquisitions over the past 25 years.

Paul has a B.S. Degree in Business Administration with a Finance concentration from The State University of New York and also completed the requirements for a B.A. Degree in Economics with a Money & Banking concentration.

Paul sits on the boards of CCIM Florida-Central District and was a founding member of the Florida Association of Government Guaranteed Lenders (FLAGGL). In his spare time, he is an adult leader with the Boy Scouts with sons that are Life and Eagle scouts.