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