The Business House is a leading business brokerage that specializes in selling businesses. With our help, you can do more than simply sell your business. We offer targeted marketing plans, business valuation advice, experienced negotiation support, and the expertise of a successful brokerage team to ensure the best outcome for your business sale. Whether you’re a first-time seller or a seasoned veteran on the market, we understand that every sale is unique and we have the tools and knowledge to help you successfully sell your business. We’ll also work with you every step of the way to optimize the value of your business. From start to finish, you can trust the experts at The Business House to guide you through the selling process.
Take Our 54 Value Factors Assessment
Taking the free 54 value factors assessment offered by The Business House can help your business identify its current strengths, weaknesses, and potential growth opportunities. The assessment provides an in-depth analysis of various aspects of your business that can be used to strengthen your business or prepare it for a sale. If you’re looking to properly price your business for an upcoming sale, The Business House can help with that. Some of our notable details include:
- We sell 95% of the firms we take to market
- You receive 98% of the asking price
- You receive 90% cash at closing
- We have a short sell cycle of 9 months to 1 year
Our Business Brokerage Selling Process
The Business House follows a simple, but effective process when it comes to selling a business. Our dedicated team will also work with you every step of the way to ensure you’re involved with every step of the process. Here’s how it works:
Initial Meeting – A confidential meeting to discuss the seller’s goals and objectives.
Our Agreement – Execute a letter of engagement between The Business House and the seller
Valuation of business – Identify the value of the business and agree on the selling price
Buyer Identification Process – Identify the best possible buyers
Buyer qualification – Pre-qualify the buyers (resume, confidentiality agreement, and financial investigation)
Financing – Source 3rd party financing to help the seller receive 90% cash at closing
Due diligence – Verify the prospective buyer’s cash flow & revenue
Closing transaction – Complete final paperwork and ownership transfer
Post-closing transition – Manage an effective transition of the business to the new owner
Frequently Asked Questions About Selling a Business
What factors affect the sale price of my business?
The sale price of your business is determined by a variety of factors including the size and nature of your business, market conditions, industry outlooks, and more. At The Business House, we offer a free 54 value factors assessment that will help you determine the true value of your business.
How long will it take to sell my business?
Every business is unique and there are several conditions that can affect the time it takes to sell your business including market conditions, industry trends, the value of your assets, cash flow, and more. Even with these factors, The Business House typically has a short sale cycle ranging from nine months to one year.