The Ride Of A Lifetime – A Real Life Story Of A Business Sale

Kevin Kordek tells of his life-changing experience selling his Virginia Beach, Va.-based company, A-Active Termite & Pest Control.

In February 2014, Kordek sold A-Active Termite & Pest Control in Virginia Beach, Va., to Rentokil. He discusses his experience selling his company, and provides advice to other business owners about how to effectively complete the sale of a business.

All business owners who are thinking about selling their companies should think about their reasoning, Kordek said. For the longest time, Kordek never considered selling A-Active. Then he started thinking about his lack of a succession plan and what would be best for his employees, customers and family.

The prospect of selling his business and making such a significant life and professional change evoked a myriad of feelings for Kordek. “It was fun (and) it was absolutely terrifying,” he said. “There were days of emotion that come from a place that you don’t talk about at parties. It’s just really deep. It’s thinking, ‘This is the end of the legacy — or the beginning of the legacy?’” Continued here.