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Business Brokerage

Is it time to sell?

Let's sell your business

Before you even think about placing your business for sale, there are some things you should do first. The first thing you have to do is to gather information about the business.

Here’s a checklist of the items you should get together:

  • Three years’ profit and loss statements Federal Income
  • Tax returns for the business List of fixtures and equipment
  • List of fixtures and equipment
  • The lease and lease-related documents
  • A list of the loans against the business (amounts and payment schedule)
  • Copies of any equipment leases
  • A copy of the franchise agreement, if applicable
  • An approximate amount of the inventory on hand, if applicable
  • The names of any outside advisor

Let us help you

What is our approach?

SELLING A BUSINESS

Selling businesses is our business and our brokerage firm offers complete business valuation, sale, and negotiation services performed in a strictly confidential manner.

If you are thinking of selling, or even considering it, why not give us a call. There is no charge for consultation and they are strictly confidential. Why not contact us today. For additional information, visit the Selling a Business section here on our site. There is also a short questionnaire there that will help us in our initial consultation.

PREPARING A BUSINESS FOR SALE

The decision to sell one’s business is a serious step. Our business brokerage firm can’t make the decision to sell for you, but we can give you the information you need to help make it.

We can tell you about current market conditions, pricing and structuring the business so it will sell, getting it ready for sale and answer any other questions you might. You may also want to review the articles under Selling Your Business that is also available on our site.

BUSINESS BROKERAGE

For anyone considering the purchase of a business, our brokerage firm offers no charge consultations and an excellent inventory of businesses for sale complete...

with all of the information a serious buyer would want to review. You might want to visit the Buying a Business section of our site for more articles on buying a business. There is also a Questionnaire that helps us to help you in your search for the best business for you. There is also a question-and-answer section that might be helpful. We are happy to answer any questions you might have that are not covered in our Buying a Business section. Visit us soon!

Steps in working with our business brokerage

The Steps to Sold

Valuation & Assessment Package

This first step allows you to gain an unbiased professional opinion of your business value and marketability. Your business valuation assessment will prepare you with everything you need to plan the sale of your business. We will also provide you with a customized action plan and next steps on working with us to confidentiality broker your business.

  • Sign up for Step 2 within 14 days of receiving the Valuation and Assessment and we will credit of 100% of the Step 1 fee toward Step 2.
  • Step 1 flat fees are based on the size of your business.
  • Up to $4 million in annual revenue | $1,400
    $4 million to $20 million in annual revenue | $2,200
    $20 million to $100 million in annual revenue | $3,200

Marketing Package

We begin step 2 with our “Owner Interview” session. This is a 30 to 60-minute recorded video or phone meeting where we will start to shape the narrative of our marketing and positioning of your business. Buyers what to hear the voice and the story of your business. Using technology, we can deliver this experience with far fewer scheduling constraints and better leverage the owner’s time with this one-time event. We then combined the knowledge we gained in the interview, the valuation from step 1, and our team’s market research to produce a stunning 15 – 30 page Confidential Business Review. This package, and the interview, will later be shared with buyer prospects who have executed our NDA.

Marketing package fees vary based on the type and size of the company. Our packages typically range from $1,800 to $3,000 for small businesses and $3,000 to $6,000 for mid-sized businesses.

Promotion Services

Promotion packages for the sale of your business typically range from $275 to $500 per month for small businesses and $500 to $1,000 per month for mid-sized businesses and vary based on the type and size of the company, and the services required. Marketing efforts can be customized, updated, revised, or added to any time.

Monthly Reporting and Online Portal

Once the promotional package is active and live we provide you with your personalized owner portal. This will give you access to see how many prospects have search your business, viewed your business, signed and NDA and all other activities we have had with prospective buyers on your behalf. This is included as part of our promotional service and their are no additional charges.

Contract to Close Service One-Time Success Fee

Once a buyer is ready to go beyond the stages of reviewing the Confidential Business Review and the Owner interview, they are ready to begin their Due Diligence and negotiations. In most cases it will be time for Buyer and Seller to meet. This is often a call followed by a site visit. We manage confidential site visits, help you prepare for the due diligence stage, conduct business negotiations on your preferred terms for a contract and ultimately help you have a closing for a one-time success fee based on the total purchase price, calculated as follows:

  • 10% of the first million, plus
  • 8% of the second million, plus
  • 6% of the third million, plus
  • 4% of the fourth million, plus
  • 2% of the fifth million, plus
  • 1% thereafter

Contact us today

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