Why Sell My Business
As a successful owner of a middle-market company, you might have considered selling your business. For most owners, the top reasons are:
- Burnout – “The thrill is gone.”
- Lifestyle factors – Is your age or health negatively impacting the business?
- Lack of capital – Do you need more resources for operations or growth to take your business to the next level?
- Unreasonable risks – Are you facing increased competition or market changes?
How Can I Successfully Sell My Business?
Selling your business one of the most important financial transactions in your life.
With over 25 years’ experience, our financial and marketing professionals have expertly helped companies of all types and sizes – from traditional main street retailers to complex multi-line manufacturers. As a professional you can rely on me to absolutely maximize value, price & terms the right way to attract qualified buyers for the sale of your business.
What’s My Business Worth?
One of the first steps in preparing to market your business is determining its most probable selling price. Each business owner typically has a small window of opportunity to sell their business the right way, maximizing value and finding the right buyer. My unique background in real estate, combined with over 20 years of entrepreneurial hands-on experience, enables me to recognize opportunities to enhance value.
Qualified Buyers
In addition to our in-house database of qualified buyers, to ensure each client receives maximum exposure to the most interested buyers. A common reason for a slow sale is wasting time with buyers who are not pre-screened and qualified. Our professional South Florida business brokers conduct thorough screenings of buyers to avoid false starts and ensure a smoother sales process.
Complimentary Market Analysis
If you’re thinking about selling your company and would like to discuss the selling process on a non-obligation basis, please call me now at 954-854-0629 to receive a comprehensive market analysis. You will quickly see the value of the professional services that we offer.
All communications will be held in strict confidence.
Selling Your Business – What You Should Know!
Selling your business is a major decision!
You have invested your time, money, and energy into building and operating your business, which may well represent your life’s work. If you’re considering selling now and want the highest level of professional guidance, it’s crucial to have a seasoned business broker by your side. A professional who has facilitated hundreds of transactions knows what it takes to ensure a sale goes smoothly and what pitfalls could jeopardize the deal. Your business broker’s goal is to secure the best price and terms possible for you.
Here’s what Business Broker Denis Berger will do for you:
- A professional valuation of your business.
- Executive review and profile development.
- Create professionally packaged Business Presentation & Financial Information
- Complete CONFIDENTIALITY DISCLOSURES and PRE-QUALIFICATION of buyers.
- Structure the sale for successful transition
- Due Diligence
- Negotiations and closing
The most common questions asked by sellers.
The responses are based on both experience and knowledge. If you have any question that I have not covered, please don’t hesitate to ask me.
What Can Business Brokers Do – And What Can’t They Do?
Business Brokers are highly trained professionals, most who have run their own businesses, and can engineer a fast and discrete sale of your business.
It is vital to know exactly what a professional business broker can do, as well as what they can’t. We are very active brokering business sales in Boca Raton.
As your business broker we can help you decide on how to price your business and how to structure the sale so that it makes sense for everyone – you and the buyer. We can find the right buyer for your business and work with you and the buyer in negotiating and coordinating every step of the way until the transaction is successfully completed.
We will also help the buyer with all of the details of the business buying process. A business broker is not, however, a magician who can sell an overpriced business. The majority of quality businesses sell easily, if the price is reasonable and the deal is structured professionally
Should I sell my business now? You should understand that only the marketplace can determine what a business will sell for. The amount of the down payment you are willing to accept along with the terms of the seller financing can greatly influence not only the ultimate selling price, but also the success of the sale itself.
How Long Will It Take To Sell My Business?
On average, it takes between eight months to a year to sell most businesses. However, this is just an average—some businesses may sell faster than others. The speed at which a business sells often depends on how quickly the buyer receives all necessary information for marketing. Without a complete marketing package, which relies on information provided by the seller, you cannot effectively market the business.
Pricing your business reasonably from the start is crucial. Some owners attempt to list their business at a high price with the hope of negotiating a higher final amount. In reality, savvy buyers may overlook an overpriced business, and setting an unrealistic price can deter potential buyers altogether.
Why is Seller Financing Important When Selling My Business?
Seller financing can be a key factor in a quick sale. Generally, a lower down payment—typically 65% of the asking price or less—can lead to a faster transaction. A reasonable down payment signals to buyers that the seller is confident in their ability to make timely payments, making the offer more attractive and facilitating a smoother sale.