FAQS

Selling or buying a business will likely be one of the largest financial transactions you will ever make, and it can be complicated. We strive to ensure a smooth process as we navigate the sale or purchase contract nuances together. We’re committed to maintaining the highest level of professionalism while representing our clients. Whether you’re buying or selling, we’ll help you achieve your financial goals.

It is generally known that if a business posts a “for sale” sign in the window customers often perceive the business to be in trouble. Our strategic approach involves a “soft” listing. This involves reaching out to qualified buyers in our database and in our marketing plan without disclosing detailed information until after we get an NDA signed by a prospective buyer. This enables us to maintain complete confidentiality.

Businesses are prices based upon the Business Valuation Report prepared by BBI. There are many factors that can change the value of a business and BBI looks at all these factors.

Some businesses take 1-2 years to sell. Many factors affect the length of time it can take to sell a business. Such factors include, the industry, the financial position, current market conditions, number of assets, etc. You can prepare your business for sale by ensuring your financial records are in order and your operational processes are documented. Having your records in order can save you time at the start of the selling process. See our tips for selling.

Owner financing a portion of the sale can help a business to sell faster, however, it is not required to sell a business. There are many types of commercial financing options available for buyers to consider.

Yes. We have licensed real estate brokers and agents on staff.

We have no upfront fees.

We typically handle all negotiable parts of the transaction and work with our clients’ legal and tax consultants if necessary.

There are many lending and financing options that vary based upon several factors like: the company’s hard assets, equipment value, land value, etc. The type of transaction will determine the down payment amount needed from the lending institution. Typically 10-30% is needed for a down payment.

Having the transparency to see how the business functions before you actually buy it is valuable. It allows the buyer to have complete confidence when buying a business.