1. No Obligation Meeting with John and his Team
- Exchange information so we can become acquainted with each other and the respective business.
- Determine the strengths, weakness, opportunities, and threats.
2. Determine the Value of Your Business
- Review financial performance, industry trends, and comparable sales. An opinion of value is preformed to provide seller with a recommended price.
3. Create and Write a Selling Strategy
- We will work together with the seller to develop a marketing plan unique to the business.
4. Market Your Business
- The marketing plan is implemented in numerous venues including our global network, many business-related online sites, print and direct mail.
5. Find and Vetting of Potential Buyers
- We will screen and educate all prospective buyers and ensure the buyers can financially afford the business.
- Non-Disclosure Agreement, Buyer Profile, Financial Statement
- We will minimize unnecessary exposure and disruptions of your business
6. Negotiate the Terms
- Negotiate with potential buyers on the terms of the sale.
7. Purchase Agreement
- Work with legal professionals to review and draft a purchase agreement with the terms and conditions of the sale.
8. Due Diligence
- Buyers will verify the accuracy of information provided. Be prepared to provide detailed documents and have the discussions with the buyer. We keep the deal moving by helping to navigate the deal.
9. Contingency Removal
- Remove all contingencies in the agreement. It is now a binding agreement.
10. Lease Assignment
- We work with the landlord to obtain an assignment of the current lease for the buyer. (If not purchasing the property and building)
11. Close & Get Paid
- We will provide all documents to the transferring agent or attorney so they can prepare the closing documents.
- Final preparations are made for the lease assignments, utility transfers, financing and merchant service accounts.
- Inventory counts to make the transfer as seamless as possible.
- Your sale will usually be completed by an attorney with the signing of several documents and the payment of the balance to purchase.
12. Post Closing
- Transitional training by the seller may include meeting with employees, clients, technical training, computer updating, knowledge transfer. We will assist you with any questions you have.
FOR MORE INFORMATION, CALL JOHN!
Phone: (844) 456-4647
Email: john@kwbusinesssales.com
Websites:
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