CORE Corporate Advisors
Streamlined business sales expertise
After graduating, Terry Purdy served in the US Army as a Military Policeman for five years across various locations including: Maryland, Berlin, Colorado, and Cuba during the Cuban Haitian Crisis. He then transitioned to becoming a Private Investigator specializing in workers’ compensation fraud for three years before starting his Real Estate career at Century 21. Terry immediately enrolled in the CCIM (Certified Commercial Investment Member) program and obtained his Florida Broker license a year later. That same year he started Merritt Realty, as a Premier Commercial Real Estate Company. Focusing on industrial and office spaces and continuing through the CCIM and SIOR (Society of Industrial and Office Realtors) programs. He then expanded into other areas like tenant representation, landlord representation, investment sales, and land deals.
During the economic downturn in 2007, Terry also worked with a site developer on entitlements and construction management. As the economy recovered, he focused on tenant and landlord representation, handling major tenants like: McDonalds, Amscot, and Taco Bell and both institutional and non- institutional landlords. In 2016, Terry started CORE Corporate Advisors, Inc. as a business brokerage to complement Merritt Realty. He joined the IBBA (International Business Brokers Association) in 2023 and is pursuing a CBI (Certified Business Intermediator)designation.
Today, Terry remains primarily focused on commercial real estate and overseeing the Merritt Family of companies, including CORE Corporate Advisors, while also enjoying time with hisdaughter Isabel and amazing wife Heather.
CORE Corporate Advisors
My Services
Welcome to a world of tailored solutions and expert guidance. My services are designed to cater to your unique needs, whether you’re an entrepreneur ready to embark on a new venture or a business owner seeking to transition. From initial consultations and precise valuations to strategic marketing, skillful negotiations, and seamless closings, I provide end-to-end support throughout your business journey. My experience spans diverse industries, ensuring that I can assist you in various sectors.
Explore my services today and take the first step toward a successful business transaction.
Business Sales & Acquisitions
Business Valuation
Confidentiality & Privacy Assurance
Negotiation & Deal Structuring
Due Diligence Support
Franchise Buying & Selling
Exit Planning & Succession


Remember that each business sale is unique, and it’s essential to work closely with a qualified business broker to navigate the process successfully and achieve your desired outcome.
CORE Corporate Advisors
Frequently Asked Questions
Commonly asked questions about my services, the buying and selling process, and fees involved:
A business broker is a professional who assists business owners in selling their businesses or helps prospective buyers find and purchase businesses. Brokers facilitate the entire transaction process, from valuation and marketing to negotiations and closing.
Selecting the right business broker is crucial. Look for a broker with experience in your industry, a solid track record of successful deals, and a good understanding of your specific needs and goals. References and client testimonials can also be helpful in the selection process.
The process typically involves the following steps: a. Valuation: Determine the fair market value of your business. b. Preparation: Prepare financial documents, contracts, and other necessary paperwork. c. Marketing: Your broker will create a marketing plan to attract potential buyers. d. Screening: The broker screens and qualifies potential buyers. e. Negotiation: Your broker assists in price and terms negotiations. f. Due diligence: Buyers investigate the business’s financials, operations, and legal status. g. Closing: Finalize the deal, transfer ownership, and handle any necessary legalities.
The time it takes to sell a business can vary widely based on factors like industry, location, market conditions, and the complexity of the business. On average, it can take several months to a year or more to complete a sale.
Business brokers are typically compensated through commissions, which are a percentage of the final sale price. Commissions can vary but are often in the range of 5% to 10% of the sale price. The exact percentage may depend on the size and complexity of the transaction.
Some brokers may charge upfront fees for services like business valuation, marketing, or administrative costs. However, reputable brokers often earn their fees through the commission when the business is sold. Be sure to clarify fee structures with your broker before entering into an agreement.
Yes, it’s possible to sell a business without a broker, but it can be a complex and time-consuming process. Brokers bring expertise, industry contacts, and negotiation skills to the table, which can help maximize the sale price and streamline the process.
Experienced brokers take confidentiality seriously and use various strategies to protect it, such as using non-disclosure agreements (NDAs), not disclosing the business’s name or location until qualified buyers are identified, and using generic marketing materials.