Business Broker for Engineers San Diego – Who is the Best Buyer for a Company

During the sale of your engineering company, you will mitigate a lot of risks by working with a business broker for engineers San Diego trusts. The broker has more experience selling businesses like yours. As a result, they will be able to help sell fast and for maximum profit.

One of the biggest roles played by a business broker for engineers San Diego counts on is finding the right buyer for your business. Once your business is listed, you will get all manner of calls. The issue is not every buyer that calls will have the means to buy your business. Others will only want to snoop around to learn your secrets. Your business broker will let you know that the best buyer is not always the most apparent. The broker will, however, cushion you by prescreening buyers. Here are some of the best buyers for an engineering company.

Suppliers

At times, your supplier might be the most ideal buyer. A supplier may buy your business in order to vertically integrate into the sector as well as have direct access to relevant clients. It is, thus, not uncommon for your broker to start by reaching out to your suppliers when searching for a buyer.

Clients

A client might be interested in buying your engineering company in order to secure supply and get the ability to control prices. One of your main clients might, therefore, become a potential buyer.

Foreign company

The ideal buyer might not be someone you have worked with. That is why when selling a company, you have to market far and wide. At times, the perfect buyer is found abroad. There are so many multi-international companies that are looking for ways to expand by entering new geographic markets. Rather than starting from scratch, these companies buy established companies in their target market.

Private equity

Private equity that is looking to grow by getting into a new sector or industry might be interested in your company. Often, private equities buy companies that have the platform they need. As such, it is common for your business broker to reach out to private equity entities that have invested in a competitor locally or internationally. In some countries, close to 25% of company acquisitions depend on private equity participation.

Competitor

Did you know your competitor can be the one that ends up buying your engineering company? Companies buy other companies in the same market in order to eliminate competition and expand their client base.

These are the best buyers you can reach out to when selling your engineering company. Involving a business broker for engineers will help avoid mistakes and speed up the process. Don’t be tempted to sell on your own.

Business Broker for Engineers San Diego

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."

Suppliers

Clients

Foreign company

Private equity

Competitor

The Sales Process