| FREEDOM BUSINESS AGENTS MIKE SHAKERI - AGENT |
BUSINESS OWNER
If you are considering selling your business you need the
assistance of a professional.
We advertise more businesses for sale in Southern California than
any other independent companies.
If you are serious about selling your business, I would like the
opportunity to discuss with you the services we provide. There
are no up-front fees for these services. We pay for all
advertising and marketing costs associated with the sale of your
business.
We don’t sell houses – warehouses – or vacant lots, only
businesses. And we sell more of them than any independent
business sales company in Southern California. Our agents are
ready to go to work selling your business.
_________________________________________________
Services Provided
For a prompt, professional response to your questions,
please contact me at Freedom Business Agents. All inquiries are
strictly confidential.
_______________________________________________
Frequently Asked Questions by Sellers:
_______________________________
What Happens When There is A Buyer For My Business?
First and foremost continue to run the business in an aggressive,
growth-oriented way. Do not let up on business operations during
the marketing period. You should make most decisions in the best
interest of the long-term objectives of the company.
Maintain up to date financial information. Work with your
accountant to provide monthly statements with year to date
numbers. Real buyers want real data, usually no more that 60
days old. Once an agreement is reached between buyer and
seller, buyers generally want to close as soon as possible. It is
important to keep all matters pertaining to the sale confidential
until the closing so that the business operations are not altered by
employees, competitors or clients.
_______________________________________________
Why is Seller Financing So Important?
In many cases, businesses listed for all cash simply do not sell. A
seller demanding all cash can expect offers with discounts of 10 to
30%. With reasonable terms, the chances of a sale increase
dramatically. Since very few lenders will finance the sale of a small
company, seller financing may be the only way to sell your
business. You will also receive interest from the note which can
greatly increase the total amount received. Most of all, seller
financing tells the buyer emphatically that the seller believes the
company can make the payments.
_______________________________________________
What Can I Do To Help Sell My Business?
We will assist in the preparation of an offer. Our Standard
Purchase Contract will spell out the buyer's offer in detail. The
offer may contain several contingencies and will specify due
diligence the buyer will perform. You can expect to be asked for
Tax Returns, Bank Statements, Sales Tax Reports and any other
documents necessary to prove the financial performance of the
business, usually for at least the past three years. Additionally, the
buyer will want to review the lease, franchise agreement or other
contracts that will effect the business after the sale.
All offers will be presented to you for your consideration. You
always have the right to accept an offer, issue a counter proposal
or reject the offer. It is important to know that if you don't accept
the offer, a buyer can withdraw at any time. Be prepared to do
some work at this point in the process. People from all over the
world are seeking business opportunities in our area. Different
nationalities and cultures approach negotiations in far different
ways. You should take the time to consider all offers carefully and
seriously. There may be some definite positives in the offer and
the negatives may be offset with careful negotiations. Often, the
first buyer turns out to be the best.
________________________________________________
How are businesses priced?
Although supply and demand will ultimately effect the price of a
business, there are "rules of thumb" or formulas used to arrive at
the proper market value. Your business broker will explain that a
review of financial information will be necessary before a price or
range of prices may be suggested. Most sellers have some idea
about what their business should sell for - and this is certainly
taken into consideration. However, the business broker is familiar
with market considerations and, by reviewing the financial
information, can make a recommendation of what he or she feels
the market will dictate. A range is normally set with a high and
low price.
Since a large number of business sales are seller-financed, the
down payment and terms of the sale are very important. In some
cases, how the sale of the business is structured is more important
than the actual selling price.
________________________________________________
If you are considering selling your business you need the
assistance of a professional.
We advertise more businesses for sale in Southern California than
any other independent companies.
If you are serious about selling your business, I would like the
opportunity to discuss with you the services we provide. There
are no up-front fees for these services. We pay for all
advertising and marketing costs associated with the sale of your
business.
We don’t sell houses – warehouses – or vacant lots, only
businesses. And we sell more of them than any independent
business sales company in Southern California. Our agents are
ready to go to work selling your business.
_________________________________________________
Services Provided
- Price Evaluation
- Marketing Plan
- Major Media Advertising
- Screening and Evaluating Buyers
- Franchise Transfers
- Lease Transfers
- New Leases
- Guidance through Escrow to Closing
For a prompt, professional response to your questions,
please contact me at Freedom Business Agents. All inquiries are
strictly confidential.
_______________________________________________
Frequently Asked Questions by Sellers:
_______________________________
What Happens When There is A Buyer For My Business?
First and foremost continue to run the business in an aggressive,
growth-oriented way. Do not let up on business operations during
the marketing period. You should make most decisions in the best
interest of the long-term objectives of the company.
Maintain up to date financial information. Work with your
accountant to provide monthly statements with year to date
numbers. Real buyers want real data, usually no more that 60
days old. Once an agreement is reached between buyer and
seller, buyers generally want to close as soon as possible. It is
important to keep all matters pertaining to the sale confidential
until the closing so that the business operations are not altered by
employees, competitors or clients.
_______________________________________________
Why is Seller Financing So Important?
In many cases, businesses listed for all cash simply do not sell. A
seller demanding all cash can expect offers with discounts of 10 to
30%. With reasonable terms, the chances of a sale increase
dramatically. Since very few lenders will finance the sale of a small
company, seller financing may be the only way to sell your
business. You will also receive interest from the note which can
greatly increase the total amount received. Most of all, seller
financing tells the buyer emphatically that the seller believes the
company can make the payments.
_______________________________________________
What Can I Do To Help Sell My Business?
We will assist in the preparation of an offer. Our Standard
Purchase Contract will spell out the buyer's offer in detail. The
offer may contain several contingencies and will specify due
diligence the buyer will perform. You can expect to be asked for
Tax Returns, Bank Statements, Sales Tax Reports and any other
documents necessary to prove the financial performance of the
business, usually for at least the past three years. Additionally, the
buyer will want to review the lease, franchise agreement or other
contracts that will effect the business after the sale.
All offers will be presented to you for your consideration. You
always have the right to accept an offer, issue a counter proposal
or reject the offer. It is important to know that if you don't accept
the offer, a buyer can withdraw at any time. Be prepared to do
some work at this point in the process. People from all over the
world are seeking business opportunities in our area. Different
nationalities and cultures approach negotiations in far different
ways. You should take the time to consider all offers carefully and
seriously. There may be some definite positives in the offer and
the negatives may be offset with careful negotiations. Often, the
first buyer turns out to be the best.
________________________________________________
How are businesses priced?
Although supply and demand will ultimately effect the price of a
business, there are "rules of thumb" or formulas used to arrive at
the proper market value. Your business broker will explain that a
review of financial information will be necessary before a price or
range of prices may be suggested. Most sellers have some idea
about what their business should sell for - and this is certainly
taken into consideration. However, the business broker is familiar
with market considerations and, by reviewing the financial
information, can make a recommendation of what he or she feels
the market will dictate. A range is normally set with a high and
low price.
Since a large number of business sales are seller-financed, the
down payment and terms of the sale are very important. In some
cases, how the sale of the business is structured is more important
than the actual selling price.
________________________________________________
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