Xpert Business Brokers
Selling a Business

Xpert Business Brokers is the UK's premier Business Brokerage Consulting firm. We assist business owners in the complex and specific area of selling their business.

Whether your business is worth £150,000 or £10,000,000, our unique and specialised services can help you to sell your business.

Through our UK network of professional Xpert Business Brokerage Franchises, we offer the most unique and effective service in business brokerage. As part of our services, we provide the following:

  1. "Confidential Business Profile" on your business.
  2. A thorough valuation of your business to determine what price you should be asking for and why your price is justified.
  3. Marketing your business to thousands of nationwide business buyers.
  4. Qualifying of these potential buyers.
  5. Assistance on letters of intent, forms, pricing, terms and much more.

Xpert Business Brokers is a national Business Brokerage franchise. We have developed the most effective and comprehensive approach to selling businesses in the UK. Xpert's selling system has been developed as an approach to get you the results you need. You pay for specific services and RESULTS. Do you have a quality business? Are you ready to sell? Xpert Business Brokers can help.

Please contact us today to see how we will save you a great deal of time, money and help you sell your business in record time.

Valuations

What is your business worth? For most business owners, this is a very tough question to answer. Many of you have not had to think much about this in the past. Since it is now time to sell your business, this question takes on a more serious meaning. It is time to determine an accurate selling price.

Xpert Business Brokers is a UK Business Brokerage Consulting Franchise and we understand what a UK business needs to address when selling. Such things as which valuation method to use, what taxation regimes apply to sellers, what is the financing market like to help buyers, and what certain rules of thumb exist for various businesses, are all very important things to know. Xpert Business Brokers has the answers to these questions and we will help you make the right decisions when selling your business.

Steps in Selling a Business

Selling a business can be a complex process. There is no standard method and every business has its unique aspects and challenges. However, for many, the following steps generally take place:

  1. A business owner has made the decision to sell their business for the right reasons and is properly motivated.
  2. The seller contacts a business broker to discuss how the process works and how their skills may help them in the process.
  3. Seller meets with a business broker to discuss the specifics of their business and whether or not this is the right time to sell.
  4. If the business broker and seller decide now is the time to proceed with the sale, a listing agreement is signed and the seller provides all the necessary documentation and financial statements to the business broker.
  5. The business broker prepares the confidential marketing package and valuation on the business and presents to the seller for final approval.
  6. The business broker begins to market the business.
  7. Buyers are qualified by the business broker.
  8. When serious and qualified buyers are identified, they are presented with the confidential marketing package on the business.
  9. Buyers review material and consult their advisors.
  10. Buyers present questions to the business broker.
  11. Business broker arranges for an appointment to view the business with the buyer.
  12. Buyer meets the seller to confirm statements in the package and details provided by the business broker.
  13. If the buyer is satisfied with the progress so far, they will ask the business broker to prepare a letter of intent(LOI) to present to the seller.
  14. Seller and business broker review letter of intent and make any appropriate changes or add conditions to suit the seller's needs or they accept the LOI.
  15. Buyer accepts current or revised LOI.
  16. Business broker assists in the buyer due diligence process to expedite the process for the seller.
  17. Business broker contacts the lawyers for the buyer and seller and provides them with the accepted LOI's.
  18. Lawyer prepares a purchase and sale agreement based on the conditions outlined in the LOI which was drafted by the business broker.
  19. Due diligence is completed, conditions have been met and final adjustments are made prior to or at closing.
  20. Closing at the lawyer's office.
  21. Business is sold and it is now time to relax and enjoy the rewards of your efforts!

 
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Interested in selling your business.
Contact an Xpert Business Broker today about selling your business.

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Featured Listing
Tax Assist Accountants (franchise)
Asking: £29,450 +VAT
Category: Professional Services
Location: Yorkshire and Humberside

This well established franchise exclusively services the needs of the growing small business sector i.e. those businesses with a turnover of up to £1 million. Core services are accounting and taxation though additional services such as asset finance, insurance, will writing, and telephone answering, together with others also supplied by strategic partners are available. Tax Assist operate a successful 'shop-front' strategy designed to ease access to accountancy and related services. There are now over 50 such outlets and there is a track record of growth in both client numbers and average fees.

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