Some months ago, I asked a prospective buyer of a business for sale transaction "What liquid cash do you have to invest in a business." The answer was, $200,000. The business for sale was priced well and likely eligible for financing with the right buyer. $200,000 would have been 1/3 down plus enough working capital. As time went on, the buyer spent his time and the time of the seller, gathering facts and [...]
Prospective business-for-sale buyers should be able to picture themselves as the owner. This can be different pictures for different buyers. Lets say the business is an engineering firm and the current owner is an engineer. The firm is large with plenty of engineers. One new owner could replace the owner as the lead engineer. Because of the size of the firm and the depth of engineering strength, another new owner might take an [...]
Your business is for sale and you are planning your next adventure. What is reasonable for a buyer to expect you to not do? In a boilerplate offer I have, the text reads "COVENANT NOT TO COMPETE. Seller hereby agrees not to engage in any business or activity anywhere in the United States, directly or indirectly, as an owner, employee, consultant, or otherwise, which competes with Purchaser’s operation of the Business for a [...]
Contracted valuation work
Excluding Companies Marketed for sale
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Selling twice or more the national average
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Service Work
When you need to know what your business is worth, to a known buyer or open market sale, rely on our confidential valuation and consultation. Our buyer clients understand a business’ value. Our sellers position their company for the best sale possible. We focus on Central and Northern New Mexico, and work across the country. We partner with trusted brokers for listing and sale. Contact us today.
