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CBI Memphis Announcement

CBI Business Brokers (Confidential Business intermediaries/The CBI Team opened its fifth office, located in the Poplar Corridor business District in Memphis, TN. CBI has been helping people sell, buy and grow businesses since 1994. Kendrick Steele, a 17-year veteran of the business brokerage profession, is leading the office which is located at 6263 Poplar Ave, Suite 601, according to CBI Founder and Chairman Carl Grimes, a Memphis native.

Kendrick has successfully brokered business sales across a variety of industries including, but not limited to, Private Professional Practices, Manufacturing, Restaurants, Retail, Distribution and Franchise companies both on Main Street and LMMM&A (Lower Mid-Market Merges and Acquisitions). Joining Kendrick in the CBI Memphis office is Jack Pritchett, a business broker with a degree in management with a focus on entrepreneurship.

Under Kendrick’s leadership, CBI Memphis will leverage the processes and tools developed by CBI ( since 1994 to manage the sale of businesses. According to CBI founder Carl Grimes, CBI has sold over 850 businesses from offices in Northwest Arkansas (Springdale), Central Arkansas (Little Rock), Fort Smith/River Valley, Arkansas and Tulsa, Oklahoma. Working together with the rest of the CBI Team, CBI Memphis is equipped to help all business types and sizes in the Metro Memphis Area. To learn how CBI confidentially helps people sell, buy and grow businesses, contact Kendrick at or call him at (901) 530-7335. Or visit