Preparing your Business for Sale Using a Business Broker
To successfully sell your business you must first make a plan. By using our approach you will gain a better insight into when you should sell your business and for how much.
When to sell a business?
The very first question you need to consider is this: How marketable is my business? We will be able to give you knowledgeable advice based on past experiences. If your business needs to be improved in any way you may be told to wait until these issues are resolved before putting it on the market. The primary reason for this is to increase the worth of your business.
Our introductory meeting will instruct you on the steps that need to be taken in order to sell your business. Potential buyers will need to be provided with accurate information about your business that will draw them in and make them interested in what you are offering.
Should I use a business broker?
Making use of a business brokerage can often be advantageous to your business but it is important to consider the following questions:
1.What kind of sales is the company specialised in? Do they only sell businesses or is their main priority real-estate with businesses on the side?
2.Has the company received recognition for the work it has done? Will you be provided with a broker who has experience in your industry?
3.Have they had success in selling businesses?
4.How professional and ethical are they in their work environment?
There are many advantages of using a business broker. You will be able to hand off extra responsibilities such as taking phone calls, handling potential buyers, and dealing with finances. Also, the sale will be more private as you will not be discussing it publicly in the workplace. Your broker will try to ensure that staff, customers, and suppliers are not made aware of this new development.
Using LINK as your business broker.
Our ever-growing database of qualified buyers ensures that your business will be sold to someone who is professional and interested in your business. Another advantage of our service is that, with our large database of qualified buyers, we can find buyers before you even have to put your business on the market. This dramatically cuts your marketing cost, thereby increasing your returns.
We have SMEs & Companies for Sale
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Location : NCR
Asking Price: ₱15,000.00
Industry : Food/Beverage
Listing # : OR00647
Broker : Princess Moratin
Location : Metro Angeles
Asking Price: ₱250,000.00
IndustryIndustrial/Manufacturing
Listing # : OR00646
Broker : Kurt Soliman
Location : Quezon City
Asking Price: ₱8,000,000
Industry : Homeware/Hardware
Listing # : OR00633
Broker : Ricky Gumaru
Location : Makati
Asking Price: ₱95,000,000 $Neg
Industry : Health and Beauty
Listing # : OR00641
Broker : Nando De Leon
Location : Makati
Asking Price: ₱6,000,000
Industry : Courier Service
Listing # : OR00635
Broker # : Joji Upano
Location : Metro Manila
Asking Price: ₱800,000
Industry : Services Business
Listing # : OR00632
Broker : Vina Sison
Location : NCR
Asking Price: ₱4,700,000
Industry : Franchise Business
Listing # : OR00628
Broker : Kurt Soliman
Location : NCR
Asking Price: ₱670,000,000
Industry : Building/Construction
Listing # : OR00525
Broker : Jard Gerona
Location : NCR
Asking Price: ₱5,000,000
Industry : Franchise Business
Listing # : OR00587
Broker : Matt Maypa
Location : Calabarzon
Asking Price:₱115,000,000
Industry : Construction
Listing # : OR00617
Broker : Dan Francisco
Location : Mandaluyong
Asking Price: ₱1,500,000
Industry : Retail
Listing # : OR00610
Broker : Max Po
Location : Calabarzon
Asking Price: ₱ 110,000,000
Industry :Beauty&Health Medical
Listing # : OR00612
Broker : Alvin Deborjan
Location : Metro Manila
Asking Price: ₱29,000,000
Industry : Printing Service
Listing # : OR00598
Broker :Max Po
Location : NCR
Asking Price: ₱14,500,000
Industry : Cleaning/Service
Listing # : OR00601
Broker : Max Po
Location : NCR
Asking Price:₱26,500,000
Industry : Food & Beverage
Listing # : OR00576
Broker : Maria Morris
Location : Calabarzon
Asking Price: ₱118,000,000
Industry : Rural Bank
Listing # : OR00560
Broker : Eduardo Dayrit
Location : Calabarzon
Asking Price: ₱ 1,500,000
Industry : Franchise Businessl
Listing # : OR00543
Broker : Roberto Narciso
Location : Central Visayas
Asking Price: ₱100,000,000
Industry : Services Business
Listing # : OR00541
Broker : Bobby Pacana
Location : NCR
Asking Price: ₱21,000.000
Industry : Services Business
Listing # : OR00517
Broker : Romar Borra
Location : NCR
Asking Price:₱26,500,000
Industry : Food & Beverage
Listing # : OR00576
Broker : Maria Morris
Location : NCR
Asking Price: ₱ 200,000,000
Industry : Retail General Bus
Listing # : OR00650
Broker : Princess Moratin
Location : Taguig
Asking Price: ₱ 7,200,000
Industry : Food & Beverage
Listing # : OR00645
Broker : PRincess Moratin
Location : NCR
Asking Price: ₱
Industry : Wholesale & Distribution
Listing # : OR00643
Broker : Maria Morris
Location : NCR
Asking Price: ₱12,000.000
Industry : Food & Beverage s
Listing # : OR00538
Broker : Kurt Soliman
Location : NCR
Asking Price: ₱9,800,000 $Neg
Industry : Retail General
Listing # : OR00615
Broker : Dan Francisco
Location : NCR
Asking Price: ₱ 3,500,000
Industry : Food & Beverage
Listing # : OR00580
Broker : Kurt Soliman
Location : Calabarzon
Asking Price: ₱65,000,000
Industry : Education/ Training
Listing # : OR00577
Broker : Joji Upano
Location : Pasig
Asking Price: ₱ 4,500,000
Industry : Food & Beverage
Listing # : OR00578
Broker : Joji Upano
Location : Quezon City
Asking Price: ₱3,600.000
Industry : Food & Beverage s
Listing # : OR00570
Broker : Princess Moratin
Location : NCR
Asking Price: ₱10,000,000 $Neg
Industry : Food & Beverage
Listing # : OR00564
Broker : Princess Moratin
Location : NCR
Asking Price: ₱ 20,000,000
Industry : industrial/Manufacturing
Listing # : OR00555
Broker : Raffy Salaveria
Location : Calabarzon
Asking Price: ₱65,000,000
Industry : Education/ Training
Listing # : OR00577
Broker : Joji Upano
Location : NCR
Asking Price: ₱ 25,000,000
Industry : Transport
Listing # : OR00537
Broker : Joji Upano
Location : Paranaque City
Asking Price: ₱550,000.000
Industry :Manufacturing
Listing # : OR00533
Broker : Raffy Salaveria
Location : NCR
Asking Price: ₱35,000,000 $Neg
Industry : Industrial anufacturing
Listing # : OR00527
Broker : Princess Moratin
Location : Metro Manila
Asking Price: ₱ 460,000,000
Industry : Import Export
Listing # : OR00513
Broker : Joji Upano
Location : NCR
Asking Price: ₱15,000,000
Industry : Transport
Listing # : OR00485
Broker : Joji Upano
Location : Pasig
Asking Price: ₱ 6,000,000
Industry : Services
Listing # : OR00480
Broker : Kurt Soliman
Location : Calabarzon
Asking Price: ₱26,000,000
Industry : Services
Listing # : OR00477
Broker : Jovi Sison
Location : Metro Manila
Asking Price: ₱10,000,000 $Neg
Industry : Import Export
Listing # : OR00439
Broker : Augie Soliman
Location : NCR
Asking Price: ₱ 20,000,000
Industry : Franchise Business
Listing # : OR00346
Broker : Augusto Solimano
Location : NCR
Asking Price: US$ 1,500,000
Industry : IT/Computer/Apps
Listing # : OR00627
Broker : Roberto Narciso
Location : NCR
Asking Price: ₱ 11,000,000
Industry : Food & Beverage
Listing # : OR00625
Broker : Princess Moratin
Location : NCR
Asking Price: ₱800,000
Industry : Franchise Business
Listing # : OR00585
Broker : Matt Maypa
Location : Calabarzon
Asking Price: ₱6,000,000 $Neg
Industry : Food & Beveraget
Listing # : OR00589
Broker : Matt Maypa
Location : Calabarzon
Asking Price: ₱ 15,000,000
Industry : Food & Beverage
Listing # : OR00584
Broker : Matt Maypa
Location : NCR
Asking Price: ₱ 30,000,000
Industry : Professional Business
Listing # : OR00582
Broker : Matt Maypa
Location : Calabarzon
Asking Price: ₱3M -15% Share
Industry : Accomodation
Listing # : OR00625
Broker : Max Po
Location : Metro Angeles
Asking Price: ₱5,200,000
Industry : Franchise Business
Listing # : OR00592
Broker : Max Po
Location : Metro Manila
Asking Price: ₱ 5,500,000 $Neg
Industry : Agriculture
Listing # : OR00603
Broker : Max Po
Location : Metro Manila
Asking Price: ₱ 49,000,000
Industry : Services Business
Listing # : OR00593
Broker : Max Po
Location : Metro Manila
Asking Price: ₱ 4,000,000
Industry : Beauty / Health
Listing # : OR00595
Broker : Max Po
Location : Calabarzon
Asking Price:
Industry : Retail /General
Listing # : OR00597
Broker : Max Po
Location : Calabarzon
Asking Price: ₱80,000,000
Industry : Distribution Food
Listing # : OR00596
Broker : Max Po
Location : Metro Olongapo
Asking Price: ₱ 150,000,000
Industry : Education/ Training
Listing # : OR00599
Broker : Max Po
Sale of master Franchise
Location : Metro Manila
Asking Price: ₱ 100,000,000
Industry : Franchise Business
Listing # : OR00609
Broker : Max Po
Location : Metro Manila
Asking Price: ₱ 200,000,000
Industry : Accomodations
Listing # : OR00613
Broker : Max Po
Location : Paranaque
Asking Price:500,000,000
Industry: Construction
Listing # : OR00602
Broker : Max Po
Location : NCR
Asking Price: ₱3,000,000
Industry : Education
Listing # : OR00611
Broker : Max Po
Location : Metro Olongapo
Asking Price: ₱ 5,000,000
Industry : Sports
Listing # : OR00608
Broker : Max Po
Location : Calabarzon
Asking Price: ₱ 85,000,000
Industry : Construction
Listing # : OR00607
Broker : Max Po
Location : NCR
Asking Price: ₱ 2,000,000
Industry : Retail/General
Listing # : OR00594
Broker : Max Po
Location : NCR
Asking Price:45,000,000
Industry: Transport
Listing # : OR00605
Broker : Max Po
Location : NCR
Asking Price: ₱70,000,000
Industry : Transport
Listing # : OR00606
Broker : Max Po
Location : NCR
Asking Price: ₱7,800,000
Industry : Wholesale
Listing # : OR00562
Broker : Gerard Gerona
Location : NCR
Asking Price: ₱ 15,000,000
Industry : Manufacturing
Listing # : OR00566
Broker : Gerard Gerona
Location :
Asking Price: ₱ 60,000,000
Industry : Services
Listing # : OR00544
Broker : Gerard Gerona
Location : NCR
Asking Price:2,000,000
Industry: Food & Beverage
Listing # : OR00549
Broker : Princess Moratin
Location : NCR
Asking Price: ₱9,500,000
Industry : Food & Beverage
Listing # : OR00545
Broker : Maria Morris
Location : NCR
Asking Price: ₱45,000,000
Industry : Import/export
Listing # : OR00536
Broker : Joji Upano
Location : Quezon City
Asking Price: ₱ 35,000,000
Industry : Franchise Business
Listing # : OR00531
Broker : Joji Upano
Location : Metro Manila
Asking Price: ₱ 4,500,000
Industry : REtail General
Listing # : OR00525
Broker : Gerard Gerona
Location : Quezon City
Asking Price:9,000,000
Industry: Food & Beverage
Listing # : OR00526
Broker : Ricky Gumaru
Location : NCR
Asking Price: ₱2,900,000
Industry : Home & Garden
Listing # : OR00522
Broker : Dan Francisco
Location : NCR
Asking Price: ₱1,500,000
Industry :Building/Construction
Listing # : OR00523
Broker : Roberto Narciso
How does the negotiation process work?
When a buyer indicates they want to make an offer, this needs to be in writing and in the correct format. Any verbal offers can become complicated, as they do not detail the terms and conditions of the offer. As part of our service we prepare a Business Sale Agreement, which details the offer being made, and the terms and conditions. We will liaise between both parties in the process of negotiation to facilitate agreement between both parties. In many situations we can recomm
How long is the business marketed for sale?
end solutions to issues that may be of concern to either party. As a business owner you need to ensure you are protected by having the right clauses in the agreement and it is advisable to seek professional advice.
How long is the business marketed for sale?
Most business owners want the sale of their business handled confidentially. For commercial reasons they don't want their competitors and suppliers to know they are selling. Once again this is the advantage of using a specialist Business Broker. We work with potential buyers through the various stages and you only meet with them at the final stages of the process. This leaves you to get on with business and keeps buyers away from calling or visiting you at work.
We will prepare a comprehensive marketing plan for your business incorporating notes on how to present the business, a detailed Information Memorandum prepared by us, advertising schedule and website and database marketing. In many cases we find buyers from our database of qualified buyers. If confidentiality is required, any advertising is of a generic nature and never identifies the particular business.
What does an Information Memorandum include?
We prepare a comprehensive Information Memorandum on your business. This will typically include:
Background of the business, highlighting opportunities for a buyer and the reasons for the sale.The sale process and description of assets etc.The historical financials, trading to date and comment.The asking price.Operational matters.Information on premises, including details of lease.Appendices including marketing material, plant and equipment schedule, etc.
This is prepared in draft format first for approval by the vendor.
What information do I need to prepare my business for sale?
It is important that you have all the right information and details available before you start to market the business. A business well prepared for sale will sell more quickly.
As part of our service we will assist you in the preparation of this information and once again it needs to be presented in the right way with the right information. This information is also required to establish the selling price for the business and certain calculations need to be made to work out the true net profit of the business. Items you should have available are:
Profit and Loss accounts from the previous 2 to 4 years.Identify and quantify abnormal and/or non-recurring costs in accounts.Identify all items of personal and drawings nature.Copies of internal accounting reports for year to date and/or tax returns if available.Copy of the Lease.Brochures or information on your product or service.Background on the business.Staff details.List of plant and equipment and any equipment leases.Copy of franchise agreement if a franchise business.
Like many small business owners you will probably have to search out these items and some may need to be updated. Make sure the financial information is current and accurate. If you're selling half way through the year you could get your accountant to prepare half-year accounts for the purpose of selling.
What is my business worth?
This is a very important aspect of selling your business and probably the most contentious. There will be many views on what constitutes value. Sellers will have one view, buyers another, accountants another, etc. There are multitudes of formulations, all of which produce different figures depending on who you're talking to.
It is important to recognize the price range your business is likely to sell in. If you're unrealistic it won't sell and you and likely buyers will become very frustrated. You could also be harming the prospects of a sale sometime in the future. If you're too low, then obviously you miss out or create suspicion.Businesses sell in an open market that is with a willing buyer and a willing seller. The market determines the price – the true value.
When we meet with you we will gather detailed information on your business and then present you with a Broker's Opinion of Value. This gives you the price range we expect your business to sell for on the open market. This is not a valuation and cannot be used for that purpose.
For a more formal and opinion, many business owners use LINK to have a written opinion prepared on their business and establish the price range. This is useful in the case of one partner wanting to buy out the other partners, a management buyout or valuation for family estate planning.
When is the best time to sell my business?
We will schedule a meeting to discuss the specifics of your business and your personal plans for exiting from it. With our experience in business sales we can prepare an exit strategy for you, taking into account factors that will be instrumental in finding the right buyer at the right price for your business.
After we have an understanding of your business we will make suggestions on strategies that may be of benefit to you in the preparation of your business for sale. Buyers will be looking for certain things when considering your business and our recommendations can make the difference in effecting a quicker sale at a better price.
What happens when I find a business for sale I intend to buy?
Using a broker when buying a business is beneficial. The broker will explain and assist you throughout the process. They will prepare the Purchase Agreement, which is crucial for making an offer and ensuring your protection. The agreement, an internationally recognized document, outlines details about the business, your offer price, and special conditions.
Typically, a deposit of 10% to 20% of the purchase price is required at this stage, held in escrow until conditions are met. If conditions aren't met, the deposit is refunded in full. It's wise to have a lawyer review the agreement before signing, ensuring it's suitable for both parties. Negotiations may occur until both parties agree, with the broker facilitating communication and solutions.
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