Below are typical questions that business owners have about selling their business. If all your questions are not answered please call or Email us for a Free Consultation

Business Owners, if you want to know what your business is worth, have us do a "Valuation" for a modest fee.

WHEN IS THE BEST TIME TO SELL MY BUSINESS?    Consider selling when the business is doing well to get the best price. Do not wait until it has peaked or on the down side. It can be sold during these times but at a reduced price.

HOW LONG WILL IT TAKE TO SELL MY BUSINESS?   It generally takes, on average, five to six months. Some sell quicker others take longer. It is important for it to be priced properly from the start with a reasonable down payment.

HOW MUCH IS MY BUSINESS WORTH?  The value depends on many factors - such as cash flow, asset values, financial history, condition of equipment and premises, lease arrangement, competition, future potential, location etc... We will take all these into account when recommending a price.

WHY IS SELLER FINANCING IMPORTANT?   Surveys show on an all cash sale, the seller only receives, on average 70% of the asking price. A seller who accepts terms receives on average 86% of the asking price.

WHY NOT SELL THE BUSINESS MYSELF?  Most owners find that the frustration, expense and time involved do not yield cost savings. Many times the business starts to suffer because your attention is taken away from the day-to-day operation. It is also difficult for you to work with buyers and maintain confidentiality.

WHO REPRESENTS ME IN THE SALE?  We advise buyers that all our agents work for the seller.

WHAT ABOUT THE MARKETING FEE?  The marketing fee is paid only if your business sells. There are no up front fees or costs unless you request a special valuation, even the advertising is paid by us.

WHAT IS REQUIRED TO LIST MY BUSINESS FOR SALE?  The last three years financial statements, value of inventory, value of furniture, fixtures and equipment, copy of lease agreement, franchise agreement, equipment leases that will be assumed by the buyer, etc...