sell a business
Business sales are often very complex transactions and can include inventory, assets, debt, real estate and industry ratios. As experienced business owners we understand how hard you’ve worked to build your company to its current revenues. Confidentiality is paramount in this process, and we will market your property based on your goals, market factors and confidentiality requirements.
EXPERTISE AND EXPERIENCE
CBS has the expertise and experience to navigate the complexities of selling a business. We understand the market dynamics, legal requirements, and negotiation strategies that can significantly impact the success of the sale.
ACCURATE BUSINESS VALUATION
Determining the right price for your business is crucial. CBS provides accurate and realistic valuations, ensuring you receive a fair and competitive price. Our expertise helps prevent underpricing or overpricing your business.
qualified buyer screening
CBS screens potential buyers to ensure they are serious and financially capable of purchasing your business. This saves you time and ensures you only deal with qualified prospects.
effective marketing
CBS advisors have access to extensive networks and marketing resources. They reach a broad audience of potential buyers through targeted marketing strategies, increasing the likelihood of finding the right buyer quickly.
CONFIDENTIALITY
Maintaining confidentiality during the sale process is vital to protect your business’s reputation and relationships with employees, customers, and suppliers. CBS implements strict confidentiality measures, marketing your business discreetly to qualified buyers.
skilled negotiation
Negotiating the terms of the sale can be challenging. Our advisors are skilled negotiators who work to secure the best possible terms for you. They handle the negotiation process with integrity and skill honed from decades of successfully negotiated transactions, and with the best interests of our clients as their guiding force.
legal and financial guidance
CBS advisors provide valuable direction and referrals on legal and financial matters related to the sale. They provide expert guidance to help ensure all necessary documentation is in order and help you navigate any regulatory requirements.
time savings
Selling a business can be time-consuming. A CBS advisor manages all the major components of the sales transaction while you continue to focus on running your business.
higher sales price
Studies have shown that businesses sold through business brokers or advisors typically achieve higher sale prices than those sold privately. Utilizing a CBS advisor in the sale of your business can significantly enhance the final sale price.
At Carolinas Business Sales, we provide distinct advantages to our clients that range from expert guidance and confidentiality to effective marketing and skilled negotiation. By leveraging our experience and resources, you can achieve a successful and profitable sale.
Once you have decided to sell, what comes next?
- Initial Consultation – When you meet with your CBS advisor, you will discuss your goals, timeline, and expectations and together we will prepare a strategy that meets those needs. Your advisor will also present their services and the selling process so you will know what to expect along the way.
- Business Valuation and Deal Structures-We want to make sure our clients get the best possible price for their hard work and investment. CBS will eliminate the guesswork by providing a thorough analysis with a detailed valuation report outlining the estimated marketing value of your business and any accompanying real estate. We will also walk you through the different options for deal structures.
- Prepare for sale – Your CBS advisor will help you identify and address any potential issues that could affect the sale, such as operation inefficiencies or outstanding liabilities. We understand what buyers want to see in a business and we will help you to get your business in a position where it will command the best price possible in the timeframe you’ve established.
- Prepare and launch your online and Confidential Marketing – The CBS team will create a customized marketing plan including Business Profiles, Confidential Business Reviews, and other documents necessary to attract potential buyers.
- Screen, qualify and meet with buyers – Our advisors will vet prospective buyers to ensure they are serious and financially capable. They will also facilitate the exchange of information, ensuring buyers have access to all necessary details to make an informed decision.
- Receive and Evaluate Offers- Your CBS advisor will present you with offers and provide guidance on the terms and conditions, as well as assist in negotiating the best possible terms.
- Facilitate Due Diligence – Your advisor will coordinate the due diligence process, delivering financials and operational information to buyers for their review and serving as the conduit for prospective buyer questions and answers.
- Finalize the sale – We will assist you with the exchange of information with any accountants, attorneys, and lenders, including closing documents and logistics, to facilitate a smooth transition.
- Close the deal – Your CBS advisor will oversee the closing process, ensuring all necessary steps are completed, including transferring ownership and settling any outstanding obligations. Once the sale is finalized, the advisor will ensure the seller receives payment according to the terms agreed upon.
- Post-sale Transition – Our advisors help facilitate a smooth transition, ensuring the new owner is introduced to key employees, customers, and suppliers.
Congratulations! A successful exit brings the opportunity to pursue your next horizon.
GET A PROFESSIONAL VALUATION
Get your 100% confidential and accurate valuation from our team today!