Do you want to sell your business in Detroit?
An experienced Sunbelt broker can help you prepare to sell your business in Detroit, guiding you from listing to closing. At Sunbelt, we work with middle market companies as well as smaller main street businesses to achieve maximum value and ensure a smooth transition.
If you’re contemplating the sale of your business, there are many important aspects to consider as this will be one of the most impactful decisions of your life. A Sunbelt broker will be invaluable to help you achieve your goals, maximize the value of your business, and guide your deal to the closing table.
Key Factors in a Successful Business Sale in Detroit
When partnering with Sunbelt business brokers, there are key factors to consider in every successful sale. For additional information or to speak to a Sunbelt professional from our Detroit office, contact us directly.
Be Prepared: You put countless hours of effort into building your business, so it would be a shame to lose value by not properly preparing for a sale. To learn more on what you can do to prepare your business for sale, click here.
Know the Value: Understanding the value of your business is critical when determining a price point, and there are several ways to determine what another party would be willing to pay for a business; a formal business valuation and a brokers professional opinion of value are the most common.
Confidentiality: Keeping the sale of your business confidential is very important. You don’t want customers, employees, vendors, and others knowing your business is for sale. Read more on how a Sunbelt Broker can help you safely and confidentially sell your business.
Maximize Number of Buyers: Sunbelt has the resources to develop customized marketing programs that reach a vast amount of potential buyers. Having a large, robust marketing footprint increases the likelihood of being recognized. More interest means more opportunity for better terms and higher selling prices. Sunbelt is the largest business brokerage in the world with more than 150 offices in the U.S. We receive over two million buyer inquiries a year and earn more engagements than all of our competitors combined.
Maximize Selling Price: Having your business prepared and presented in the best possible light helps achieve the highest value in the marketplace. Having an experienced broker can positively affect your selling experience.
Maximize Terms: Finding the right buyer and preparing your business for sale will maximize the best terms. It’s not just the sales price to consider, but also understanding how much of the sale will be from cash, loans, earn-outs’ and consulting agreements. Sunbelt also has tremendous lending contacts to help buyers secure financing to increase the odds of more cash or all cash at closing.
Selling a Middle Market Business in Detroit
If your company is valued between $1M and $50M, you’ll require a team of expert brokers who are experienced with middle market business sales. As one of the nations leading brokerage firms we list more businesses for sale over $1M than any other brokerage. Our team will ensure you market confidentially, will evaluate all offers, and will close with an exit strategy in place.
Selling a Main Street Business in Detroit
As a business owner you have invested a lot of time and money into your business and you don’t have hours to dedicate solely on your sale. At Sunbelt we understand that you want to maximize your return on all investments while taking care of your employees and their well-being. Our business brokers will assist and guide you through all of the details so that you can sell your business with confidence.
Our expert brokers are here to assist and guide you through successfully selling your business in Detroit. If you have any questions or need assistance, please don’t hesitate to contact us. We are happy to walk you through the process and address any concerns or questions you may have along the way. Our brokers have helped thousands of business owners and we would love to help you sell your business today.