Business Broker for Assembly Companies Orange County – How to Promote a Successful Business Sale

After working hard to get your assembly business to the level it is right now, you want to get the best return on your investment when selling it. This is why you need to involve the services of the best business broker for assembly companies Orange County. In this post, we shall be looking at the key things your business broker will insist you provide in order to sell for maximum profit.

Books and records

Just like in court, when selling your business, buyers pay attention to what you can prove and not what you claim. This is why when getting your business ready for sale, your business broker for assembly companies Orange County will insist that you provide them with all your financial books and records. Doing so helps increase the number of potential buyers since buyers want proof of sales and profits that your business has attained over the years.

Reasonable price and terms

Having built a business from the ground up often brings a lot of emotions. These emotions can cloud your judgement. Some business owners end up being convinced that their business is worth more than it actually is. As a result, the unrealistic prices they set end up pushing buyers away. To guarantee a successful sale, you must be objective. Your business broker in Orange County will ensure that your business is competitively priced.

List of assets

Buyers want to know what they are buying. That is why you must include a complete list of assets in your sales packet. This should include the fixtures, furniture and equipment. These assets must be available for inspection by potential buyers.

Favorable leases and contracts
One of the reasons your business is so successful is because of where it is located. Buyers know this. As a result, buyers want to be certain the lease can be transferred to them. The case is the same when it comes to the contracts. Buyers want to see all the existing contracts with employees, suppliers, distributors and other important parties.

Covenant not to compete

It would be detrimental to a buyer if they purchase your business only for you to setup a similar business across the street. Some buyers will want a non-compete agreement drafted and signed.

Transparency

There is nothing that turns buyers off more than betrayal. This happens when you are not being honest. If a buyer finds you were hiding issues like pending legal issues, bad equipment leases or tax bills, you may lose their trust. When this happens, buyers pull away and never come back. Your business broker for assembly companies in Orange County will ensure there is complete transparency without over-sharing.

Business Broker for Assembly Companies Orange County

What Client’s Say

We Couldn’t Be Happier

"When we thought about selling we had no idea what our business was worth or how to go about selling. What you were able to do was to cut through the fog so that we understood the valuation issue and had a comfort level with the process. As you know we ended up selling for somewhat more than the original valuation and we got all cash and our CPA loved the way our tax liability was minimized. We couldn’t be happier!"

Over $250,000 More

"Our first contact with you shocked us when you suggested that we wait 18 months before selling because you believed that if we hit our projections that the value would be significantly greater. As it turned out we not only followed your advice but also got slightly over $250,000 more than we originally had hoped for. It is seldom that we have had the opportunity to deal with a firm that doesn’t want both money and a commitment NOW. It was clear and obvious that you had our best interests at heart."

You Got the Valuation We Agreed On

"You did a great job on the sale of our business in really beating the bushes for buyers, including a UK company that was an active suitor. You managed to get the valuation that we had all agreed upon and got it substantially all in cash and got the transaction closed with little to no problems or expensive lawyers involved."

Thank You for Handling Our Business

"Our business was smaller than what your firm normally handles but it was a BIG part of our net worth and savings. Thank you for handling our business and we were very pleased and delighted with the results."

More Than Anticipated

"Our transaction was involved as we had different corporate entities located in different states. Our only regret is that we didn’t retain your services before 2012 when we paid $25,000 to a firm in Texas that did a valuation and market analysis for us before then failing to do anything in the way of trying to sell our business. You got it sold for more than anticipated."

Books and records

Reasonable price and terms

List of assets

Covenant not to compete

Transparency

The Sales Process