Sellers

Sell My business

Home - Sell My business

SIMPLE YET VERY IMPORTANT PROCESS FOR SELLERS

Purchase and Sale Agreements

We find the perfect match for your business; we make sure they understand the value and the potential value of your business. I make sure they are the right fit, financially and professionally. They must sign a detailed Non-Disclosure Agreement before they know much about your business. Then the fun begins. We PROFESSIONALLY negotiate to get you the absolute highest and best price for your business. We do this based on our years of negotiating every conceivable business with every conceivable character, with every conceivable outcome.

Determine your business value

Do you know how much your business is worth? Do you really know? In this new social and political environment, you may be surprised at what your business is worth. We know the value because we are selling businesses full time, every day, and every night, without stopping from 2008 to this pandemic. We have a database of what other businesses such as yours have sold for and when. We know the details. If sold by a GOOD BROKER, on average, businesses sell for 20 to 30% more than if the owner goes it alone.

Closing the transaction

We try to use the same Attorney for all closings to get the best rates for our Clients. There are so many tiny details, it is mind boggling, especially in today’s world of lawsuits, repercussions, and regulations. The closing will be seamless with our teams in place. Included but not limited to CPA’s, Lenders, SBA Affiliates, Retirement Fund Counselors, Hedge fund Attorneys, Fixers and more. In other words, we have the experience and support to get creative and innovative on all levels of business sales transactions or Mergers.

Preparing Marketing Package for the Perfect Buyer

Do you really want to deal with everyone who thinks it would be fun to “own your business?” And pay you $1 down and $1 a week?
This Third Step is what separates the laypersons (and inexperienced Brokers) from the professionals. This is where we go deep into our network and peers (40 years’ worth) to find the perfect MATCH. WE will know who the Suitor is and how much they are worth before they know you are for sale. Think about the most perfect Matchmaker you could ever imagine and then think about him or her coming right to your door, ready to tie the knot.

Let us start planning now! It will cost you nothing…. And you just might get some peace of mind for a change.

Two years ago, who would have thought a pandemic could ruin thousands of businesses, killed people and ruined so many lives? Who knew our Capitol Building would be attacked by angry people? Who knew how divided we have become. Life is too short to look back and say, “I wish I had sold my business sooner, or worse

I wish I had talked to someone before shutting it down.” Call me; 904-874-1059 I get it, I have been in your shoes, and sometimes wonderful thing happen working together.

Sell my automotive business

Sell my Food Business

Sell my consultancy business

sell my healthcare business

Sell my construction business

sell my animal business

sell my art business

Sell my cleaning business

ESSENTIAL BUSINESSES THAT ARE SELLING

Grocery stores
Pharmacies
Medical offices
Big box stores
Convenience stores
Banks
Mail and shipping businesses
Hardware and home supply stores
Pet supply stores
Laundromats

Gas stations
Home service professionals (like plumbers, electricians, and HVAC techs)
Bike stores, golf cart stores, outdoor recreation
Landscaping and Lawn Maintenance
Tree Companies
Trucking Companies
Heavy Hauling
Construction Companies
Multi – Family (Apartments, blocks of residential rental homes)

SELLERS QUESTION

How Can I Prevent My Employees, My Customers And My Vendors From Knowing I'm Considering Selling?

Confidentiality is, perhaps, the most critical issue for a business broker. Virtually every business seller does not want his employees, customers or vendors to know that his business is for sale. Transworld is very cognizant of this fact and in every step that we take we emphasize confidentiality.

How Long Will It Take To Sell My Company?

There is a great deal of variation in the time frame, but, if we had to pick an average time, eight to nine months may be close. While this may sound like a long time, all of the facets of selling a company, including listing the business, finding buyers, interviewing buyers, writing contracts, due diligence and finally the closing process are all time consuming. That is not to say businesses have not closed in 30 days. Some do.

I Have A Long Term Lease With My Landlord. Am I Going To Be Able To Transfer That?

Transfer of the lease is crucial to the success of the transaction. It will be almost impossible to consummate a deal unless the lease can be transferred. Leases will have a clause that defines the landlord’s rights regarding transfer. Frequently the seller will be required to remain as a guarantor of the lease and often there may be a charge by the landlord for the transfer. Most leases are assumable but the Landlord must okay the new buyer.

I've Taken A Good Bit Of Cash Out Of My Company And Not Recorded It, In Valuing My Business Do I Get Credit For That?

This is a difficult one, it is very, very difficult to prove to a prospective buyer that you have earned income that has not been reported. The only suggestion here is if you are not reporting income stop right now and maintain accurate records including all income. There are some businesses that do sell in spite of this fact.

What's Selling My Business Going To Cost Me?

Transworld has no upfront fees. We will analyze your company and go through the entire process with no cost to you. Your only obligation is when we find a buyer for your business. We traditionally receive our payment at closing.

How Do I Determine What My Business Is Worth?

The analysis of your business’ value or worth is another crucial function of the business intermediary. “The Market” makes the final determination of value. At Transworld, we have tremendous experience in valuing almost any business. Our estimates of value are not “certified business valuations” although we can provide this service for a fee. However, our experience and volume of comparable businesses allows us to give the business owner a very good estimate of value.

I Own The Property Where My Company Is Located, Do I Have To Sell That As Well?

This can be handled in many ways. Often the property is sold as a separate listing. However, the company owner will frequently retain the property, obtain a long term lease and earn an ongoing cash flow stream. Also, the property can aid a buyer’s ability to finance the business.

I Keep A Lot Of Cash, Inventory, And Receivables In My Business, What Generally Happens To Those Items?

Most small businesses are sold with the seller retaining cash and accounts receivable. A working level of inventory is generally granted to the new owner.

I Owe A Lot Of Money For Various Things That My Company Acquired Over The Years. What Happens To That Debt?

Most often, the company is sold free of all debt. This means that the former owner will be responsible for accounts payable as well as all long-term debt.

What Records Are You Going To Need From Me To Help Sell My Business?

The lack of good business records is the single most common reason for a business sales deal to fall apart. We can’t emphasize enough the importance of maintaining good books and records before selling. This includes accurate financial statements, cash register receipts or whatever records are necessary to prove income and expenses. Of course, current tax returns are a must. We can and do sell businesses that may have less than adequate records, but the better the record keeping the higher the sales price of the business.

What Are The Most Important Things That I Can Do To Get My Business Ready To Sell?

We have a list of the ten most important things that you can do to improve your business before selling, and you can review them on our website.

How Far In Advance Should I Start Planning My Exit Strategy?

Today, no later. Even if you think you are not ready to sell your company right now you can’t start preparing too early. One of our experienced agents will be more than happy to meet with you to help you to start thinking about your exit strategy.

Do I Need An Attorney And An Accountant To Sell A Company?

Buying or selling a company can be a complicated venture. While some companies are sold without the help of accountants and attorneys, we strongly recommend that both the buyer and seller engage professionals.

SOME SOLD BUSINESSES

Transworld and Julie Brigman sell many businesses a year. You can view a sample of our recently sold “Good Deals for Good People” in the list below. From Main Street to Middle Market to large acquisitions, we can handle it.