What are the different factors to consider when selling a business?
If you are a business owner looking to sell your business then it is strongly recommended that you hire the services of a professional business broker for the best results. If you try and complete this process by yourself then the chances are you will end up with a loss and might fetch far less money than you would otherwise. Besides that, handling or managing all the different factors such as legal documentation, logistics, negotiation, marketing, and other related aspects can be quite exhausting.
There are numerous professional San Diego business brokers in the market that provide excellent service to the clients. It makes sense to compare the different options before you proceed to hire the services of one of the brokers. You must do a bit of research to identify the reliable service providers. The customer feedback is an important metric in that regard.
So-Cal business brokers is one such experienced company providing this service. Their team works relentlessly in order to find a buyer that will suit your business requirements. The company has a database of potential buyers which is updated regularly. In this database there is detailed information about potential buyers such as financial capabilities, type of business they are interested in, their preferred geographic location, their business background and their contact information. This also helps in marketing with targeted searches as most cases, they start the buyer search by determining who the most logical buyers might be that statistically should be willing to pay the best value for a given company in a given industry and in a given market area.
Getting to know types of business So-Cal business brokers are interested in.
It is important communicate well with your business brokers in San Diego so they understand your business requirements and find the buyers accordingly. This is the reason So-Cal business broker team has made their criteria very clear. They do not accept restaurants, hotels, gaming sites, marijuana dispensaries, single retail stores, taverns, startups, turnarounds and companies looking for financing.
The list of clients they do take is a long one and it includes manufacturing, distribution, service, Hi-tech and E-commerce. These businesses represent about 95% of the 400+ closed transactions that they have been involved with over the years. The service category covers various businesses like medical/dental practices, engineering, testing, investment advisory firms, spas, molding, assembly, and other types of services.
In addition to that they measure the Fair Market Value of the business that is what it can be sold for. Over the 20 years of company's operations there have been many different types of transactions and the largest one was $27 million and the smallest one was under $300,000. About 70% of the transactions have been between $1 million and $5 million in market value. They cover Los Angeles, San Diego, and Orange Counties. In addition, via referral, over the years the company has also handled transactions in Northern California, Alaska, Idaho, South Dakota, the Pacific Northwest, and a few on the East Coast.
There are numerous professional San Diego business brokers in the market that provide excellent service to the clients. It makes sense to compare the different options before you proceed to hire the services of one of the brokers. You must do a bit of research to identify the reliable service providers. The customer feedback is an important metric in that regard.
So-Cal business brokers is one such experienced company providing this service. Their team works relentlessly in order to find a buyer that will suit your business requirements. The company has a database of potential buyers which is updated regularly. In this database there is detailed information about potential buyers such as financial capabilities, type of business they are interested in, their preferred geographic location, their business background and their contact information. This also helps in marketing with targeted searches as most cases, they start the buyer search by determining who the most logical buyers might be that statistically should be willing to pay the best value for a given company in a given industry and in a given market area.
Getting to know types of business So-Cal business brokers are interested in.
It is important communicate well with your business brokers in San Diego so they understand your business requirements and find the buyers accordingly. This is the reason So-Cal business broker team has made their criteria very clear. They do not accept restaurants, hotels, gaming sites, marijuana dispensaries, single retail stores, taverns, startups, turnarounds and companies looking for financing.
The list of clients they do take is a long one and it includes manufacturing, distribution, service, Hi-tech and E-commerce. These businesses represent about 95% of the 400+ closed transactions that they have been involved with over the years. The service category covers various businesses like medical/dental practices, engineering, testing, investment advisory firms, spas, molding, assembly, and other types of services.
In addition to that they measure the Fair Market Value of the business that is what it can be sold for. Over the 20 years of company's operations there have been many different types of transactions and the largest one was $27 million and the smallest one was under $300,000. About 70% of the transactions have been between $1 million and $5 million in market value. They cover Los Angeles, San Diego, and Orange Counties. In addition, via referral, over the years the company has also handled transactions in Northern California, Alaska, Idaho, South Dakota, the Pacific Northwest, and a few on the East Coast.