Business brokers are intermediaries who facilitate the sale of small to medium size privately held businesses by working with both buyers and sellers. We will analyze your financial information and access a database of recently sold businesses that are similar to your business to help determine what would be a recommended selling price. We understand the need of :
- Confidentiality. Confidentiality is critical to the successful transfer of a business. If it becomes known that a business is for sale, several things start happening and none of them are beneficial for either the seller or buyer of the business. Business brokers are keenly aware of this and are experts at maintaining confidentiality.
- Valuation. The issue of valuation is of critical concern to both buyers and sellers of businesses. Business brokers are professionals in determining the most probable selling price of a business.
- Financing. Business acquisition loans were difficult to obtain in the recession of a few years ago. Currently, however, banks and the SBA are again loaning money for business acquisitions. Business brokers stay informed as to the type and source of loans that are available from various lenders and assist buyers in arranging financing.