Are You ready to sell Your Business?
We are the safe pair of hands you can trust with your legacy
Are You ready to sell Your Business?
We are the safe pair of hands you can trust with your legacy
here are The statistics
Why 1 in 11? Simply put, there aren't enough buyers to acquire all the businesses that are available.
The other main reason businesses don't sell is that few are properly groomed to sell. This points back to the "before you sell" questions I mentioned earlier.
Here's How To Sell Your Business The Right Way
Many entrepreneurs have never sold a business before, so like most, they employ the assistance of a Broker. Logically, this makes sense, but you must keep in mind that not every broker is created equal. There are some who have never bought a business before and don't understand how to accurately evaluate a company. Often, they include invalid add-backs in conjunction with over-inflated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) multiples. Once calculated this figure has a strong influence over it's value. If the value doesn't support the listed price, the business will more than likely not sell.
The chart above proves that a broker is not always the way to go. The number of businesses that were listed by brokers was a staggering 2,250,000 roughly. If these people are the best option for selling your business, how is it that they only helped 206,204 business owners? If only 9% of the people who came to you for the help received assistance, that's a problem.
We want you to know that there's another way to sell your business in an orderly and controlled way that avoids the broker pitfall. Directly working together would allow us to establish an open dialogue. Our communication would stay strong, so no question goes unanswered. You don't have to be exclusive with us until we reach a win-win scenario. You also will save yourself tens, or possibly hundreds of thousands of dollars in broker commissions.
Who Are We??
We are a group of investors, a part of a global network that has been buying businesses for over 25 years. We specialize in evaluating and growing companies to new heights.
We have bought many businesses across a diverse spectrum, so we're open to most sectors. As an experienced buyer, our team can take the lead in preparing all the closing documents, which saves time and money. We'll help you go from selling your business in 2 to 3 years to 6 months or less.
Since we're business owners, too, we understand how sensitive this transition period can be. We will create an environment that will allow you to bow out gracefully while protecting your legacy. Upon our initial contact, we will execute a confidentiality agreement, so our conversations remain secure and private.
Our Growth Strategy
We believe in rewarding devoted employees who are already in a position to take the next step. During the due diligence period, we will work closely with you to find a suitable manager that can replace your daily duties. We'll then analyze the functions of the business to uncover efficiency opportunities. With growth being our number mission, we will achieve it by attaching other complimentary sectors to increase the top line. Ultimately the complimenting factors will allow us to decrease our costs, so our bottom line grows as well.
Our Criteria
We focus on businesses with EBITDAs between $500,000-$5,000,000. Even though small businesses are the lifeline that keeps our economy moving, they are always overlooked. Trade buyers (publicly traded companies) don't even consider businesses under $10,000,000 in revenue. To them, your business is too small to be worth their time, leaving you with few options to sell your business, potentially, for years. This is where we step in so you can sell your business in 6 months or less and move on to the next chapter of your life.
Our Buying Process
Step 1: Introduction
Step 2: Confidentially Agreement
Step 2: Confidentially Agreement
You can reach out to us via phone call or by email to get things started. We will ask you about your business, goals, and timeline as we get to know each other.
Step 2: Confidentially Agreement
Step 2: Confidentially Agreement
Step 2: Confidentially Agreement
If we're a good fit for each other we will send you a simple NDA (non-disclosure agreement) that guarantees our commitment to your privacy.
Step 3: Information Request
Step 2: Confidentially Agreement
Step 3: Information Request
Once we receive the NDA back from you we will request your statement for the current year & 3 years prior. We will also need the most current balance sheet.
Step 4: Business Valuation
Step 4: Business Valuation
Step 3: Information Request
Once we have the requested information we will quickly get to work analyzing the value of your company.
Step 5: Written Offer
Step 4: Business Valuation
Step 6: Negotiating Terms
We will generate an offer that you can review with your trusted advisors.
Step 6: Negotiating Terms
Step 4: Business Valuation
Step 6: Negotiating Terms
We negotiate the terms of the initial offer until a win-win scenario is agreed upon.
Step 7: L.O.I (Letter of Intent)
Step 7: L.O.I (Letter of Intent)
Step 7: L.O.I (Letter of Intent)
Once we reach a consensus on the terms we'll send over a letter of intent which officially restates the agreed upon terms.
Step 8: Due Diligence
Step 7: L.O.I (Letter of Intent)
Step 7: L.O.I (Letter of Intent)
We will complete our due diligence as quickly as possible.
Step 8: Close
Step 7: L.O.I (Letter of Intent)
Step 8: Close
Congratulations! You have successfully sold your company. It's time to travel or spend more time with loved ones.