Ready to take the next step? Give us a call to discuss buying or selling a business with one of our experienced brokers.
4630 50th St, Ste 600
Lubbock, TX 79414
M-F: 8AM - 5PM
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Google Map API Key TutorialA business broker helps business owners sell their business and assists buyers in finding the right business to purchase by handling valuation, marketing, negotiations, and the closing process.
Your business is valued based on several factors including financial performance, industry trends, market conditions, and comparable sales. Brokers often use methods like Seller’s Discretionary Earnings (SDE) or EBITDA multiples, adjusted for your specific sector. A detailed analysis helps arrive at a realistic asking price that attracts qualified buyers.
On average, it takes 6 to 12 months to sell a business, but this can vary depending on the industry, business size, and market demand. Proper preparation, realistic pricing, and organized financials can help speed up the process.
Business brokers typically work on a success-fee basis, meaning they are paid a commission when your business sells. This fee is usually a percentage of the final sale price. Some brokers may also charge an upfront marketing or listing fee, which should be clearly explained before engagement.
Yes. Full disclosure is essential to ensure a smooth sale and protect all parties legally. Buyers conduct due diligence to verify details, so any undisclosed issues could jeopardize the deal. Transparency builds trust and reduces the risk of disputes later in the process.
Once a buyer is identified and terms are agreed upon, the deal enters the due diligence phase. During this time, the buyer reviews your business's financials, operations, and legal standing. After successful due diligence, contracts are finalized, financing is secured if needed, and the deal closes.
We work with a wide range of small to mid-sized businesses across various industries, including retail, manufacturing, professional services, hospitality, and e-commerce. If you're unsure whether your business qualifies, reach out and we’ll let you know how we can help.
Yes, we offer a complimentary business valuation. This provides a market-based estimate of your business's value based on current financials, industry data, and comparable sales. It’s a great first step to understand your options before listing.
To get started, you’ll need recent financial statements (ideally 3 years), a list of assets, lease agreements, business licenses, and a basic overview of operations. Once we review your information, we’ll guide you through the process from valuation to closing.
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