Selling a Business.
Selling a Business can be a Time-Consuming Process Packed with Obstacles.
Deciding to sell your business is the easy part. How to go about it is entirely different! Setting a price, advertising, negotiating with a prospective buyer, and a sea of legal and financial details need to be addressed. Also, most accounting in a privately held company is done to minimize tax obligations and may not portray the company’s full financial potential.
We can market your business without employees, customers, or competitors knowing it is for sale. This is important for a smooth business continuation during the selling process.
We can save you time and frustration when selling your business. We’re the small business experts who can guide you through every aspect of the selling process – from arriving at a fair market price to handling financial arrangements and closing the transaction. That’s why so many of our clients come back.
We have successfully sold over 300 businesses with a 95% success rate.
Blue Coral Sport Fishing Manufacturing
Built Rite Sign Manufacturing
Graffiti Restaurant & Bar
Don Alans Fine Men’s Clothing
Powerhouse Fitness Center
Because so many small businesses go on the market each year, selling a small business is a competitive ordeal. We can expose your business to qualified prospective buyers not only in your local area but throughout the United States, thus securing qualified prospects. A good business broker is invaluable to the process.
In addition, we screen buyers to determine their financial qualifications. Because we work with each potential buyer to find the right business for their needs, the prospects we bring to you are genuinely interested in the type of business they inquire about and financially capable of making a purchase.
Did you know that only one out of 10 buyers ever buys the kind of business they called about? Only one out of 400 buyers buy the specific business advertised!
Analysis & Negotiations.
Determining the right price is crucial. PBB arrives at a fair market price that you can feel good about. We can do this because we know business comparisons in your area and market.
We screen all inquiries then schedule buyer-seller meetings only with serious prospects at a time convenient to you; thus, you receive the combined benefits of convenience and absolute confidentiality.
We handle negotiations in a patient and professional manner, focusing on the business issues undistracted by possible emotional and personality conflicts.
Selling a Business FAQs.
Of course, the time it takes to sell a business depends on several factors, such as market conditions, type of business, industry, and price. A smaller company can take 2-5 months, a larger company 6-12 months.
There are several ways to purchase a business:
- SBA Loan.
- Seller financing.
- A combination of all three.
The loan process via bank/SBA is frankly a nightmare and extremely difficult to navigate. PBB has long-standing relationships with private and conventional, which help our buyers to obtain successful loan approval from lenders.
We understand the importance of strict confidentiality. ALL interested buyers must complete an NDA, personal profile, and financial statement before we release any information. Then we’re cautious about the number of initial details released.