Business Sale Representation
As your broker, we’ll represent you throughout the process, guiding you successfully from concept through sale. Our specific services include:
Setting Expectations & Pricing the Business
- Brokers Opinion of Value — We provide an Opinion of Value based on industry comparables, current market multiples and buyer expectations regarding return on investment and terms. A clear understanding of the financial documentation will be required before an educated Opinion of Value can be given.
- Formal Valuation — We work with several industry-leading business and equipment valuation firms to facilitate your valuation — on time and within budget. We maintain an ever-growing database of valuation and liquidation firms and resources to help deliver quality valuations at competitive prices.
Data Collection & Marketing Package Development
- Seller Interview — We’ll sit down with you for a “user-friendly” question and answer session designed to provide a clear understanding of the business and its potential.
- Packaging List — This document will identify the items required to sell the business at a premium price.
- Data Collection — We help gather the required information . . . and we’ll work with your landlord, accountant, partners and staff.
- Professional Sales Package Development — This coherent presentation of your business is designed to maintain confidentiality and elicit serious responses from serious buyers. Your portfolio will feature a series of sales tools and forms as well as a marketing/sales plan. The Marketing Package includes:
• Executive Summary
• Photographs
• Re-cast Financial Statements
• Lease Information
• Proposed Price & Terms
• Customer & Market Summary
• Payroll & Employee Summary
• Marketing Opportunities
• Industry-Specific Requirements
• Franchise Requirements (if applicable)
• List of Assets
Marketing
- Buyer Database — All business opportunities are introduced to an expanding database of over 7,000 potential buyers.
- Web Marketing — We list business opportunities on several top Internet sites —mainstream and industry specific — with comprehensive and effective exposure on over 25 sites.
- E-Mail Campaign — We develop specific e-mail blasts to targeted buyers from our extensive database.
- Co-Brokering — We work with a large network of local brokers to confidentially introduce your business to as many potential buyers as possible.
- CABB (California Association of Business Brokers) — We belong to this professional trade association that actively helps members sell client businesses.
- Print Marketing — We create and place advertisements in appropriate newspapers and trade periodicals.
Buyer Identification & Introduction
- Facilitating Requests — We work with escrow agents, attorneys, accountants and other professionals to help with the due diligence and escrow processes.
- Contingency Removal — We help facilitate the critical process of contingency removal to ensure the ongoing progress of the sale.
- Communication – On a regular basis, we convey updates and requests to both sides of the sale — all the way through the Close of Escrow — to keep all parties informed of status and progress.
- Buyer Education — In this crucial step, we help buyers understand the process, providing them with a comfort level and positioning them to finalize the transaction.
- Buyer Communication — We facilitate all communication with the buyer and act as a liaison regarding contractual requirements.
Negotiation Assistance
- Meeting Facilitation — If appropriate, we’ll arrange and participate in all buyer-seller meetings.
- Offer Presentation — We will deliver all offers promptly.
- Deal Structure, Pricing & Terms — We offer assistance with crafting and negotiating the points and terms of the deal . . . and we present any counter offers to the buyer.
- Lease – In many cases, the lease is the most important aspect of the sale. We have considerable experience negotiating with landlords and management companies to fashion a lease that works for all parties.
Due Diligence & Escrow Request Assistance