Before you decide to sell your business, you owe it to yourself to call Wayne.
Our highly professional staff is your guarantee that Metro Boston Business Alliance will get you the best possible deal when selling your business.
The selling of a business is a very complex process. It involves many aspects that most successful business people are not exposed to in the day-to-day operation of a company. Business owners in general do not have the time or knowledge to recognize and understand the complexities of selling their own business. Most businesses do not have the personnel capable of handling the sale of a business. Selling a business involves much more than just placing an ad in a newspaper. You should rely on experts trained in the sale of businesses. Someone familiar with the nuances of selling a business will prove an invaluable asset.
Confidentiality, as well as establishing the right selling price, is crucial to the success of the deal. As a business advisor, Metro Boston Business Alliance has the ability to maintain your confidentiality, properly research highly qualified buyers, utilize a worldwide network to advertise your business and establish the right selling price. Transactions handled by Metro Boston Business Alliance Brokers are held parties. We require that a prospective Buyer review and sign a non-disclosure statement outlining his responsibility in having access to a Seller’s confidential information. This occurs before any detailed information concerning a specific opportunity is released. We are committed to protecting the confidentiality of the business sale. We understand that public knowledge of a potential sale can affect the attitudes and actions of customers, employees, competitors, lenders, suppliers, or investors, and thus the value of the company. We also want to safeguard the employment status of a potential Buyer while he considers a very important change for his future.
Let Metro Boston Business Alliance Brokers do the work for you. We’ll maximize the selling price of your business. Our goal is always to obtain the best deal for each client.
Metro Boston Business Alliance has been a mainstay in the business brokerage industry for over 25 years. Metro Boston Business Alliance specializes only in selling businesses. We focus on your specific industry to find the right buyer. This means faster results for you.
Our staff is one of the most sophisticated and experienced in the industry. Many have owned businesses and can relate to your specific needs.
Our service, dedication and drive is your guarantee that if you are prepared to sell your business, we are ready to sell it for you.
Most businesses sell for 50% to 75% down. The remainder is financed by the Seller, by a bank or through family resources. Sellers generally prefer to receive all cash at closing and some Buyers are able and willing to accommodate them. However, Buyers are usually trying to get the most bang for their buck and will want to leverage their down payment into the largest business they can buy. Although, Buyers may want to make a no-money or low-money down offer, it is very rare that they will succeed. Usually a business cannot earn enough to pay salary to the owner and service such a level of debt. In addition, the lender, whether it is the seller or a bank, wants the Buyer to show his commitment to the business by having vested financial interest in its success.
It also tells the Buyer that the seller has confidence in the business.
Seller notes make up the majority of Buyer financing. Banks will loan money on businesses that show a strong earnings history on the tax returns. They require a lot of documentation and the payment of upfront fees. In recent years, bank loans, which are guaranteed by the Small Business Administration, have become very popular and more readily available. If all else fails, family or friends will sometimes offer to help out. They can either provide funds or sign a guarantee for a bank loan.
It usually takes longer to sell a business than a house or a commercial building. Because of the confidential nature of a business sale, a business broker cannot put a For Sale sign on the window. The average time to sell a business is usually between six to eighteen months. However, there are exceptions. Some businesses may sell within a month of being put on the market. Others may take several years to attract the right Buyer. A business broker seeks out and talks to Buyers everyday. The next one may be just right for a particular business.
We advertise on the Internet using 15 different sites. We have also optimized this site to target and attrack buyers for your business as they search for businesses for sale online.
We strive to stay in communication with our clients. Have a question about how we can match your specific needs? Send us a message, or give us a call. We're always happy to meet new customers!
704 Washington Street Suite #135 South Easton, Massachusetts 02375, United States
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