Why should I choose Summit Business Advisors to sell my business?
How much is my business worth? >>How can Summit Business Advisors help me sell my business? >>
Note on Franchising >>
Selling a business is likely the most important financial event in your life. It is an opportunity that rarely comes along, which is why every step of the process requires careful planning - and the expertise of a Summit Business Advisor you can trust. Working with Summit Business Advisors will help you obtain the full and fair value when your company is sold. Also, if you're not quite ready to sell, we can help you develop your exit strategy to plan for the eventual sale or transfer of your business.
Have you thought that it's time to sell your business? We understand that business owners have varying reasons for selling, including, among others:
- Ready to retire
- Looking for a lifestyle change
- Need to relocate for family or personal reasons
- Divorce or dissolution of partnership
- Desire to pursue other business interests which may be either more challenging or less stressful
- Tired of, or bored with the business
- Health issues preventing you from operating the business efficiently
- The business isn't making any (or enough) money
- Lack of sufficient working capital
- A need within the business for new skills, new resources, or a new philosophy to cope with ever-changing economic conditions
- Worrisome exposure to business risks, possibly aggravated by personally guaranteed loans
How much is my Business worth?
A business enterprise, like any asset, is worth what a seller will accept and a buyer is willing to pay. As experienced business brokers, we know how to value your business based on key market factors, such as comparative sales, growth trends, size, age, location, and financial results. Just like the real estate market for homes, your business will be competing with other businesses for buyers who are willing to pay the market rate for the right business for them. We keep in touch with the pulse of the market to insure that you ask for and get a good and fair price for your business.
How can Summit Business Advisors help me sell my business?
We get results for our Sellers with NO UP FRONT FEES.
We sell your business on a CONFIDENTIAL BASIS. We conduct the sale so that no employees, competitors or customers know about the sale until after the sale has closed.
Our business is selling your business. Your business will have our full attention.
We write and pay for the advertising, which is done to highlight the business without revealing its identity. We screen all inquirers to insure that they have the financial ability to buy your business, and we require them to sign a binding non-disclosure agreement to insure that they will keep your business information, including the fact your business is for sale, confidential. We answer their questions so that you can focus on the important role of managing your business so that it continues to be attractive to potential buyers. We will not waste your time bringing unqualified buyers to you.
The following is a partial list of services we provide to help you successfully sell your business:
- We perform a market-based value analysis to determine the best possible price and strategy for selling your business. Our professional and realistic valuation will expedite the loan process, increase the chance of bank approval, and result in a faster closing.
- We prepare an offering package on your business, which presents your business in an organized, easy-to-understand document and which gives potential buyers the information which they need to decide if they want to take the next step—meeting with you and touring the business. For that, we will arrange a time and place that is convenient for you to meet with the buyer. We will be present at the meeting to facilitate and to make sure that both sides achieve their goals for the meeting.
- We market your business discreetly, on a confidential basis, and we effectively present the key points to buyers in order to promote a faster sale. We cast a wide net to reach regional, national and international audiences of buyers through a variety of communications channels.
- We expose your business to QUALIFIED BUYERS ONLY, whom we require to sign a binding non-disclosure agreement to keep all of your confidential business information within their close circle of business advisors.
- We keep you informed as to the progress on the sale of your business.
- We facilitate the negotiations when an Offer to Purchase has been written and we work closely with lawyers and accountants on both sides to see the transaction through to the final close.
- We work closely with the financial community to assist buyers to find the financing that will allow them to pay you cash at closing.
Again, we do not charge any up front fees, unlike many other brokerage firms. We work strictly on PAYMENT BASED UPON PERFORMANCE ONLY. And, we Co-Broker with any other broker who brings a buyer to the table.
Should you wish to sell your business at this time, or if you simply would like to discuss planning the sale for the future, we would like to visit with you. Just call us at 970-232-3116 or e-mail us. You will be under no obligation and your inquiry will be kept completely confidential.
Note on Franchising
If you have a unique business that you believe could become a successful franchise, please talk with us. We can help you through the franchising process and we can help you get started on the road to selling franchises on a regional, national, or even international scale.