Sunbelt of Philadelphia is a branch of Sunbelt networks serving people of Philadelphia. Sunbelt networks are the world largest brokerage business operation. They are there to help you in selling a business or buying a new one. With more than 30 years of experience in the field of brokerage business industry, the company has the expertise to help you make Profitable choice in business.
Morgan and Westfield was founded in 2009, the company specializes in selling small and midsized businesses with revenues up to $50million. Some of their clientslude franchised businesses, online business as well as Privately owned business and emerging growth company. Morgan Westfield has successfully sold hundreds of industries across United States and Canada. The company can help you sell urgently or help you Prepare for the sale in coming years.
Murphy business sales are among the largest and more successful business brokerage companies in North America. They have more than 180 offices across United States and Canada with Conshohocken (PA) business brokers being one of them. Murphy business sales holds experienced business brokers with intensive business experience in many type of businesses.
The bridle brook group is the Philadelphia leading business brokers and intermediary, for years now the company has been at the forefront of the market for confidential business sales as well as merger and acquisition for Profitable companies. They rePresent well run companies and their owners, because they have broad base of knowledge experienced Professionals.
Benjamin Ross Group rePresents owners of businesses who wish to sell their businesses and leave their customers and employees in more capable hands. The firm sells 95% of the businesses they rePresent compared to national average of 20%. Benjamin Ross Group sells five times more businesses than the national average. Their business brokerage firm offers Professionalism and huge networks of qualified buyers.
Transworld Business Advisors was established in 1979, founded in South Florida by (a 30 year IBM executive) Don and his wife Bonnie Parrish. It rapidly grew to the largest business brokerage in United States. For 49 years the firm has specialized in the sale of businesses and commercial real estate. The global company offers solutions to those who want to build solid businesses and future while maintaining a balanced quality of life.
BMI Mergers & Acquisitions are experienced merger and acquisition advisors, business brokers and M&A investment bankers that specialize in the sale of Privately held businesses Primarily with revenues between $1 million and $100 million. When it is time to sell your business, our Process is designed to be thorough, confidential and attract a large pool of qualified buyers. Our buyers are regional, national and international. The end result: Maximum Value for business owners.
Stony Hill Advisors are a merger and acquisition advisory firm that specializes in Providing intermediary services for lower middle market companies and small business entrePreneurs. We have assisted clients across a wide variety of industries throughout New Jersey, Eastern Pennsylvania, Delaware, and New York City. We offer various Professional servicesluding mergers, acquisitions, divestitures, exit value planning, business valuations, and transaction consulting.
Synergy Business Brokers has been selling businesses since 2002. We have potential buyers for Profitable companies in Pennsylvania in technology, distribution, construction, manufacturing, healthcare, services, contractors, engineering, and transportation. Please fill out our form for a confidential consultation. We don’t charge a fee until your PA Company is sold.
Business Exchange Network, with over 70 years combined experience, The Business Exchange Network has confidentially rePresented business owners and buyers throughout the Delaware Valley and Philadelphia region. As one of the first business brokers in the area, we have invaluable experience in the buying and selling Process. No seller is too small, as we rePresent business owners with revenues ranging from $50,000 to $20 Million.
MT Consulting is a full-service business broker, specializing in the sale of healthcare Practicesluding Physical Therapy, Dermatology, Pediatric Therapy, Urgent Care, Physician Services, Orthotics & Prosthetics and Dentistry – with more than 300 sales transactions and counting. Benefit from our experience.
Plymouth Financial Groups is focused on what are known as lower middle market business with a special emphasis on businesses operating in the commercial/B2B arena.
Gulfstream Mergers & Acquisitions, the top Philadelphia Business Broker, we utilize a Proven Process designed from over 20 years of experience in successfully completed deals to enhance the market value of our clientâ€™s businesses, and work with our selling clients every step of the way to get their businessâ€™ sold in a timely fashion, while generating the maximum dollar amount for the sale. We also understand and apPreciate the challenges in exploring options relating to the sale of a business. We understand what both the business owner and the investor are seeking to make a positive informed decision. Our Process has been designed to allow the client to best understand the options and opportunities that await in a step-by-step, systematic manner. Our Process accomplishes the goal of educating the client without burdening the client.
Woodbridge has developed a ProPrietary database of 4,500 Private equity groups and 350,000 strategic companies that quickly identifies the greatest number of buyers. We develop a buyer list that contains 7,000 â€“ 10,000 strategic and financial buyers globally. Having a limited list of buyers could eliminate those who could be attracted to your companyâ€™s set of competitive advantages, growing market share or valuable backlog. We found that 75% of our clientâ€™s buyers were unknown to them at the time we marketed their company.
Bridlebrook Group has been at the forefront of the market for confidential business sales and mergers & acquisitions for Profitable companies. As the Philadelphia areaâ€™s leading business intermediary, we selectively rePresent well run companies and their owners who expect the highest degree of Professional rePresentation. The broad base of knowledge and experience of our seasoned Professionals enables us to Provide you a competitive edge when it comes to confidentially marketing and selling your business for maximum value.
Lighthouse Business Brokers has established a powerful buyer network with thoUSAnds of qualified buyers that covers almost every industry. Our buyer’s database is comPrised of active Professional investors and Private equity firms that have been through the acquisition Process Previously and ensures we get your business in front of thoUSAnds of qualified buyers on the first day.
Smith Holland is a different type of middle market mergers and acquisitions firm. Based out of Chicago, we believe results should come before fees and maximizing shareholder value for clients is at the core of everything we do. Every Smith Holland advisor knows how stressful and unPredictable the M&A Process can be because we have all personally started, operated and sold businesses of our own, which gives us an added layer of transactional insight that canâ€™t be learned in the classroom. The risks are always higher on the sell-side of the deal and thatâ€™s why every Smith Holland M&A transaction is led by a team of seasoned M&A advisors that work together to deliver superior value.
Mill Creek Partners was founded in 1998; the company is a business intermediary and business brokerage that Provides guidance as well as expertise to buyers and sellers of businesses around Philadelphia. Under the leadership of Ronald Hoxter who is the President; the company has completed over 100 transactions, Predominantly services, distribution and manufacturing businesses located in Delaware valley.
Paragon Venture is among the leading specialists in acquisition, merger, and divestiture of Private mid-market companies. Paragon Venture is an intermediary with expertise and experience which facilitate the whole Process of buying or selling a business. The firm specializes in healthcare and life sciences industries whichludes pharmacy distribution, home healthcare among others.
The majority of buyers always want to know what the business’s asking price is. If the price is too high then it is unlikely the business will sell and should it be too low, then the seller did not receive sufficient remuneration for the business. That being said, it isn’t all businesses that come with an asking price. In certain markets, the lack of an asking price can begin a bidding war. Nevertheless, buyers are always aware of the market value before engaging in their bidding war.
Perhaps the most efficient way to ensure that the sale of your business is kept confidential is to enlist the services of a business brokerage which acts as a third party. Prospective buyers are screened by the business broker and they could sign a confidentiality agreement before they are told which business is up for sale.
Using a business broker helps you get the very best price for your business
The sale of your business is completely confidential
Using a business broker can ensure you keep concentrating on running your business
Business brokers are more adept at finding prospective buyers and successfully marketing your business to them
The sale of a business is not always as straightforward as most people believe. Enlisting the services of a business broker can help you handle the paperwork and the details.
The chances of you actually selling your business dramatically improve when you enlist the services of a business broker.
The short answer is yes, you do need a business broker to buy a business. This is for a host of reasons, for one, you gain protection from legal issues when you use a business broker to purchase a business. Additionally, should you have very strict requests on the type of business you want to purchase, a business broker can scour their network to find such a business for you, freeing you from doing tedious work like that.
A good business broker should be the following:
Given that the business broker will be dealing with quite a lot of confidential information, it makes perfect sense that the one you go with does not reveal any of this information to unauthorised persons. Additionally, it is also important that the conflict of interest between buyer and seller is handled in a prudent manner. This can be done by not revealing what the seller’s bottom line is to potential buyers.
It is the duty of a business broker to locate the right business or the right buyer that matches their client’s criteria. A well-connected broker is able to find numerous opportunities from a large pool. It is important to search for brokers that are part of local networking groups, broker associations, chamber of commerce, and more.
A great broker particularly one selling has to be a great marketer, given that they have to be able to market and sell a business to prospective buyers. Being market savvy means being able to have an online presence and actively brand participating in viable social media platforms. They should also be able to develop great marketing materials which can then be presented to potential buyers.
Given that a business broker by design wears numerous hats and simultaneously works on various projects, it is important that the one you select is extremely organised. They have to be able to maintain a record of appointments and information ensuring that there is no disappointment when important tasks are handled.
Basic financial and legal knowledge
While you do not expect a business broker to usurp the responsibilities of a financial analyst or a lawyer, they should have at least a basic understanding of financial and legal issues. selling and buying businesses involves being able to understand and address the key issues in these fields. As a minimum, a good business broker has access to individuals with good financial and legal knowledge within their networking cycle.
A business broker typically gets paid by earning commissions from completed sales which they facilitate. Apart from that commission they earn, they are also able to work for a retainer’s fee or have an hourly rate. This tends to depend on the brokerage and contract between the client and the broker. The payment could either be a lump sum or installments.
An exclusive agreement means that you only work with a certain business brokerage for a short amount of time, while a nonexclusive agreement means that there is room for competition which could be seen as a motivating tool for the business brokerage. The agreement you choose simply depends on how quickly you are looking to sell your business.
A business broker can be defined as a trained professional enlisted by people looking to buy or sell businesses. A business broker might have a licence to broker; however, this depends on the jurisdiction they practice and operate in. Business brokers are in the business of estimating the value of a business, advertising it, and also conducting interviews with prospective buyers.