Selling a Business

Selling a Business

Let's talk!
So you have decided it's time to sell your business. Our goal is to prepare your business for sale and effectively market your business to fetch the highest price possible and at the same time making sure the buyer is the right fit to continue your legacy and be fair to your employees.

Whether your business is making you money or it's losing money, there is someone/company out there that would love to take over. Our job is to find that person/company for you without disturbing your everyday running of your business. We know how important it is to keep this very confidential and we make sure that no information is given to any one withouit them signing a non-disclosure agreement (NDA) and filling out a buyers profile. We only show your business to qualified buyers.
Initial complimentary consultation
This is for you to get to know us and for us to get to know you and your business.
This is very complicated and no valuation calculator can accurately determine the true and accurate value of your business. Only an experienced certified business broker can determine the true and accurate value of your business. The following are some of the factors that go into consideration
  • Location
  • Lease terms and size
  • Competition
  • Quality of employees & length of their employment
  • Sales & income history
  • Current industry risk factor
  • Do you work full-time, semi absentee or absentee
  • Is your business relocatable
  • Ability to secure financing
  • Accuracy of your books & records
  • Amount and quality of inventory
  • Condition of furniture and equipment
  • Internet presence
  • Comparable market analysis of similar businesses sold
As you can see a valuation calculator cannot address all of these factors, only an experienced business broker can help you determine the right price to sell your business.
Financing
We will help you get all your documents ready to present to lenders to see if your business is qualified to be bought with part of it being financed. We have long term relationship with several lenders that specialize in business loans. We will also discuss the possibility of seller financing. Done right it could fetch you a higher selling price and generate steady income over a few years. However we know that seller financing is not an option for some sellers. We also help the buyers with their loan application and business plan if required.
Lease
If your business has a lease, we will help the buyer with their lease application and negotiations with the landlord or its property manager. Without our help and guidance a lease application may be denied, what a tragedy that would be for you and the buyer. Experience does count.
Marketing
We will post your business on all the major business for sale websites. In addition we are members of California Association of Business Brokers and International Business Brokers Association. We have sold many businesses in one day. However it could take a few weeks to a few months depending on type of business and demand for it.
Closing the Sale
Finally we will help you with the buyer's due diligence phase of verifying what was represented to them. Guiding you and the buyer through the escrow process and transfer of licenses and permits. Finally congratulating both of you once everything is done. It is very satisfying to see the seller and buyer be extremely happy with the transaction. It's a win win for everyone.
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