Selling A Business

Buy Sell Lease will perform a free, no obligation preliminary market valuation to estimate the fair market value of your business based on industry standards for similar businesses.

Comprehensive Valuations

Buy Sell Lease uses a combination of widely accepted methods, comparable selling price ratios obtained through proprietary databases, and application of specific industry standards. Our valuations are comprehensive and reliable, and depending on daily economic events.

Marketing Strategies

We market each business through direct mail, trade advertising, Internet advertising and direct contact with the appropriate job-seeking, financial and strategic buyers, networking with attorneys, accountants, and other business brokers, etc.

What else do we do?

"What Else Do We Do?" We coordinate all buyer questions, meetings and visits. You will not meet a buyer until we are convinced they are a committed purchaser. Our job continues through the coordination of offers, financing, due diligence and the closing. Our goal is to protect you, your employees, clients and suppliers from the process. Every step of the way, we keep you informed and involved to the extent you desire.

How long will it take?

"How long will it take to sell my business or company?" This obviously depends on how fast the Seller responds to our initial request for information. Finding the right buyer for a certain type of business can take time, so you should not be misled by promises of quick sales.

Why does it take so long?

"Why Does It Take So Long?" Our thorough research and attention to detail reduces the overall selling time by reducing the number of buyer/seller meetings required, the due diligence process, and the time necessary to gather documentation for lenders. When sold to a strategic buyer or investment fund, the process is generally completed within 180 days. If we sell to a private individual, it may take longer to find a qualified buyer. Due to legal complexity, stock transactions can take longer to finalize than asset transactions. Using our contact/project management software, we generate a monthly report for the Seller. You are kept totally informed.

What about Real Estate?

"What about Real Estate?" Buy Sell Lease will handle the real estate portion of the transaction in a seamless manner.

Structured & Proven Process

When selling a company through Buy Sell Lease is, mid-market business owners follow a structured and proven process. It begins with the assessment meeting to review your goals and objectives, market value, the selling process, and the costs involved. The purpose is to determine if there is agreement to proceed to the next step. A business valuation is performed. We also analyze market comparable, competition, industry changes, risk, locations and growth potential. Should you elect to proceed, an exclusive representation agreement is executed. Buy Sell Lease is committed to take your company to market once there is an agreement on the pricing strategy, possible terms and conditions. Now the marketing strategy is put in place. First a synopsis will be given to a prospective purchaser, which does not include identifying information on your company. If true interest is expressed in the opportunity, a business profile is then presented to financially qualified buyers who have signed a non-disclosure agreement.

Bigger isn't always better

Bigger isn't always better. We like to think we are more successful because we are smaller. With large firms you can get lost in the shuffle and become just another client, not enjoying the personalized service needed to produce a sale.

Tips for Sellers

• Have an inventory list together

• A timetable for negotiations and due diligences

• Have a list of assets included in the sale

• Have a profit and loss statement going back two years if possible.

• You might want to update your minutes

• A timetable, removing special stipulations and contingencies

 

Buy Sell Lease looks forward to serving you!