What does the process of selling a business include?
Appraisal: An analysis is done to determine the true cash flow to a prospective buyer and a totaling of all assets including goodwill and future business potential.
Marketing: Our best source of buyers are local, regional, and national operators and investors contained in our data base who have specified that “just right” opportunity. These buyers are not usually active but need to be contacted. We will sit down with you and design a complete marketing plan with the goal of selling your business quickly and at a higher price than you could achieve on your own. We are accountable to you for time spent and specific action taken, from advertising on up, to achieve the goal of selling your business.
For a complete summary of our marketing system CLICK HERE
Qualifying: We understand how important confidentiality is in selling a restaurant. In fact, this is one of the important reasons owners prefer not to contact potential buyers on their own. We are in a position to find out the interest level, financial ability, and motivation of a prospective buyer before they learn any details about your restaurant.
Closing: We have attorneys available who specialize in business brokerage transactions. We will eliminate the red tape which can cause a sale to fall through at the last minute.
Financing: Sometimes the best choice is not to sell your business at all. Other options include leasing the business, investors, partnerships, sale and lease back of land, buildings, and businesses, expansion capital, or equipment leasing.