Hiring a distribution business broker increases the success of selling your distribution business. You should, however, know that not every broker out there has your best interest at heart. Some are real estate agents doubling as business brokers while others lack the professional connections and experience needed to sell your business. With this understanding, So-Cal Business Brokers has brought together the best team of brokers to help with the sale of any distribution business. We only work with an in-house team that has been vetted carefully and well trained.
Away from hiring the right distribution business brokers, let’s take a look at some of the things buyers look for when considering the purchase of your business. Here are the key things we see buyers looking at.
Finances
Buyers want to invest in a business that is doing well. To check this they consider the financials of the business. They will check the gross margins for the last several years, the bank credit line of the business, monthly financial statements as well as the cash management policies. We know what buyers will be looking for when it comes to finances. Our team will get all your finances in order so that you don’t scare off the right buyer. We also help you gather, clean and organize all your financial records so as to win the confidence of buyers.
Management
Is the distribution business dependent on you for success? If yes then selling it will be very hard. Buyers want a business that can run successfully in the absence of the owner. Our distribution business broker will evaluate your management, remove you from the daily operations and train or hire a team to take over your responsibilities. What is more is that we will help you hire the right team prior to the sale and help you document all your processes and systems.
Marketing
How you market your business does matter. Buyers will want to know if your business is doing well or losing its market share. If you are not in a hurry to sell we can help improve your business by exploring viable opportunities that your distribution business has, helping with reputation management and more.
Don’t sell your distribution business for less than it is worth. So-Cal Business Brokers wants you to sell at maximum profit. Contact us today and take advantage of our free, no-obligation consultation. We are always happy to help.