Selling A Business Or Franchise?

WHY TRANSWORLD?

Unlike many other firms, Transworld Business Advisors’ main focus is selling and buying businesses.

We’ve perfected our craft over our 40+ years in service and in the process, have developed a proven methodology to help sell over 10,000 businesses for business owners.

Our Services Include:

Tell us more about your business.
An advisor will be in touch!

WHY HIRE A BUSINESS BROKER?

The idea of going into business for yourself might have been one of your life-long goals. But now, the time may have come to sell your business because you’re ready to move on to something else or maybe you’re thinking of retiring.

Either way, selling a business can be extremely stressful. What can make this process smoother? Hiring a business broker!

Transworld Business Advisors understand that hiring a business broker can be confusing. Our professional advisors will use their years of experience to offer you sound advice.

You should look for a business broker who:

Keeps the sale confidential
Gets you the best price for your business
Gives you the quality representation you deserve
Understands the complex process of selling a business
Dedicated the necessary time to the process

With over 40 years of experience, we are a world leader in the marketing and sales of businesses and franchises.

DID YOU KNOW?

Over 50% of business owners will try to sell their business themselves. However, with juggling the operations and trying to learn the selling process with their largest investment, many fail.

We are here to make sure you don’t fail.

GETTING YOUR BUSINESS READY TO SELL

THREE SELLING TIPS FROM OUR EXPERTS

Keep Your Decision To Sell Confidential

Announcing the decision to sell may make it difficult to retain customers, employees, and vendors. An experienced broker can explain when and how this information should be shared.

Continue To Maximize Your Profitability

It goes without saying you worked hard to make a profit as you built your company. That shouldn’t change now. Keep working to pursue new leads and focus on the quality of your products and services. This is more important than ever before!

Organize And Update Your Records

Prospective buyers will want to see business records to get a full understanding of the businesses’ value. Ensuring everything is organized and ready to share is critical! We wouldn’t want your inability to locate tax documents or sales reports to hinder your sale.

PROFESSIONAL GUIDANCE

We know that this is a huge decision that could be life-changing for you and your buyer.

Contact Transworld Business Advisors to discuss other steps we can take together to make sure your sale goes off without a hitch.

VALUING YOUR COMPANY

If you’re in the market to sell a business, you certainly want to know how much it is worth. Transworld Business Advisors has business valuation experts that can help you determine that. Valuation is the number one question from all buyers and sellers.

A businesses’ value can be determined in several ways:

Fair Market Value: The sale price between a willing buyer and a willing seller with reasonable knowledge of the facts.
Intrinsic Value: Stock values that investors would consider
Fair Value: Represents the legal standards to value. This is often used in divorce.
Investment/Strategic Value: The value of a company to specific buyers. This could exceed Fair Market Value.

The bottom line is that valuations are subject to the appraiser’s skill, judgment, and quality of methodology. Knowing the value of the company is important!

SELLER FAQ'S

How Long Will It Take To Sell My Company?

There is a great deal of variation in the time frame, but, if we had to pick an average time, eight to nine months may be close. While this may sound like a long time, all of the facets of selling a company, including listing the business, finding buyers, interviewing buyers, writing contracts, due diligence and finally the closing process are all time consuming.

What's Selling My Business Going To Cost Me?

Transworld has no upfront fees. We will analyze your company and go through the entire process with no cost to you. Your only obligation is when we find a buyer for your business. We traditionally receive our payment at closing.

How Do I Determine What My Business Is Worth?

The analysis of your business’ value or worth is another crucial function of the business intermediary. “The Market” makes the final determination of value. At Transworld, we have tremendous experience in valuing almost any business. Our estimates of value are not “certified business valuations” although we can provide this service for a fee. However, our experience and volume of comparable businesses allows us to give the business owner a very good estimate of value.

What Records Are You Going To Need From Me To Help Sell My Business?

The lack of good business records is the single most common reason for a business sales deal to fall apart. We can’t emphasize enough the importance of maintaining good books and records before selling. This includes accurate financial statements, cash register receipts or whatever records are necessary to prove income and expenses. Of course, current tax returns are a must. However, we are used to selling businesses that may have less than adequate records.

Do I Need An Attorney And An Accountant To Sell A Company?

Buying or selling a company can be a complicated venture. While some companies are sold without the help of accountants and attorneys, we strongly recommend that both the buyer and seller engage professionals.

Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial real estate. Whether you represent an acquisition-minded corporation, or are personally interested in owning your own company, Transworld offers the professional services that successfully bring buyers and sellers together.