Should You Use a Business Broker for Distribution Companies San Diego?

One of the hardest decisions business owners have to make is whether to sell on their own or through a business broker for distribution companies San Diego trusts. The main reason for this quagmire is the fact that working with a broker costs money. There is also the fact that the business owner understands their business best and are thus in the best position to sell it. If you are torn between selling on your own and using a business broker, the right move is to work with a business broker and here is why.

The sale of a business has so many moving parts. They range from getting your financials in order and determining the true value of your business to pitching the business to the right buyers while keeping everything confidential. Balancing between selling your business and running it can be hard. This is one of the main reasons why working with an experienced and dependable business broker for distribution companies San Diego is so important. Here are additional reasons why you should work with a broker.

Huge database of existing buyers

A full time business broker is involved in the sale of businesses on a daily basis. This means they interact a lot with potential buyers who are looking for all manner of businesses to buy. During their interactions, brokers retain contacts of potential buyers who are looking for specific businesses to buy. When you hire a broker, there is a good chance they already have someone in their database that might be interested in your distribution company. That will speed up the sale significantly.

Experience selling businesses like yours

Selling a business is never a walk in the park. There are many challenges that have to be overcome. A broker that specializes in the sale of distribution businesses in San Diego will most likely know how to deal with challenges and get you the best results at the end of the day. Their experience will play a crucial role in speeding up the sale.

Best position to maintain confidentiality

If you are the one reaching out to potential buyers, the buyers will know that you are selling your business. This makes it harder to maintain confidentiality. A business broker cannot be linked directly to your business. They will be able to use blind ads and keep the sale 100% confidential until the last minute. Business brokers are also able to draft foolproof confidentiality agreements and NDAs. They also prescreen potential buyers before letting them through the door.

Objective thus in the best position to negotiate the best deal

In the sale of your company, emotions will always get in the way. Emotions can cloud your judgement and cause you to miss the best deals. Working with a business broker for distribution companies in San Diego will help you keep your emotions at bay. The broker is in the best position to get you the best deal during negotiations.

Business Broker for Distribution Companies 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."

Huge database of existing buyers

Experience selling businesses like yours

Best position to maintain confidentiality

Objective thus in the best position to negotiate the best deal

The Sales Process