What is a Business Broker
Business brokers, assist buyers and sellers of privately held small businesses in the buying and selling process.The selling process generally follows the following steps: We...
- Estimate the value of the business - a no charge service
- Complete a Business Listing Agreement with the Seller.
- Advertise the business for sale without disclosing its identity
- Handle all buyer inquiries and require ALL inquirers to complete a Confidentiality Agreement BEFORE ANY information is disclosed about the business.
- Handle qualified potential buyer interviews, discussions, and negotiations;
- Aid the buyer in the due diligence investigation.
- Can suggest financing options for the buyer - (if required)
- Help the buyer secure approval from the landlord - (if applicable)
- Complete the necessary documentation for making an Offer To Purchase the Business and generally assist with the business sale in preparation for lawyer review.
- Support the Buyer & Seller, on the possession date, in the final “Walk around”. This would include checking inventory & equipment operation if applicable.