Information for Business Sellers:

Selling any business can be very arduous to say the least, I am herein to help facilitate a smooth transition. 

We’ve sold businesses from $10,000.00 to over $5,000,000.00 in value, we’re very selective and successful.

We need to start with a concise business evaluation as we need a good marketable price, in our initial meeting, I need to collect some basic financial information, three years of financials, any lease, employment agreements, equipment, inventory, market areas, and anything else prudent to ensure I have a solid idea of the financial health of the business.

I will do the marketing of the business, with the upmost confidentiality, we market your business without the knowledge of your customer or employees, and over twenty five percent of businesses change hands annually.  

We interview all the qualified buyers, and every buyer must fill out an NDA with financial information to ensure they qualify to purchase the business. I then send them a CBR (Consolidated Business Report, that I’ve already prepared), for the buyer to preview, then we schedule a meeting with the buyer and seller and talk about the business.  I then prepare a standard APA (Asset Purchase Agreement), collect the deposit, standard ten percent, submit to the closing attorney, then we enter the DD (Due Diligence Period) whereas the purchaser has full access to the seller’s books, and anything else prudently needed to ascertain the financial health of the business. Thereafter we proceed to closing at the closing attorney’s office.