Whether buying or selling a business, a broker’s assistance can be very advantageous in helping you find a counterpart for the transaction.
Help Selling a Business
For sellers, Flagship gathers and analyzes market information to compile a short list of potential buyers as well as approach them to see if they are interested in potentially acquiring your business. We can also compile a list of the strengths and opportunities of your business that effectively appeal to purchasers. We also provide documentation for review by accountants and lawyers.
Help Buying a Business
For purchasers, we work to filter through available businesses for sale in your location or area of choice. We carefully review financials of each business to ensure they have good cash flow and profitability. We identify and examine businesses with the features you’re looking for, such as reputation, financial stability, and growth potential.
Negotiating on Your Behalf
We may also define and negotiate the terms of the transaction on behalf of the purchaser or seller (whoever engages us), which terms may not be readily apparent to the parties, such as:
- Is the purchase price and valuation reasonable?
- How much of the price should be paid on closing?
- What warranties will the purchaser or seller expect to give the counterpart and how long will they last after closing?
- Will there be liability from the owner?
- Will the purchaser have any covenants to adhere to?
Helping Acquire Financing
Flagship Business Brokers also works closely with lenders to facilitate credit for purchasers.
Whether looking to purchase or sell a business, Flagship can connect you with your counterparts to facilitate a smooth and efficient transaction.