Buying a Business
Acquiring or buying a viable business is a complex feat that requires extensive research and forging smart relationships. Allow our team of professional Business Brokers to help your business find the right match and formalize your purchase and acquisition. To aid you in this vital process:
We Offer the Following Services
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Qualifying to buy a business
- Work with buyers to help target the type of businesses that best fit their strengths
- Determine a list of acquisition criteria based on input from the buyer
- Compare and contrast different industry types
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Business Purchase Search. “See Our Nationwide Business Listings”
- Inquire from our contacts and network of business owners for businesses available for sale
- Contact all brokerage firms in the area to identify businesses for sale
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Advanced Buyer Search
- Generate a list of companies using internal technology suite and from the buyer that fit the buyer’s criteria
- Send out a mailer to the list of companies that we identify
- Provide a list of potential targets to buyer
- Follow up with personal phone calls to the identified companies
- Follow up on those companies with an interest and make a site visit to ensure there is a match. (if applicable)
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Business Valuation and Appraisal
- Perform a business analysis of all opportunities that have been identified as potential business acquisition targets. Our business analysis uses standard financial modeling formulas.
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Business Offer Preparations
- Upon selection of a suitable business acquisition target, we will help prepare preliminary offers on the business. A successful transaction is not only measured by the sale price but more importantly the deal structure. We can save buyers thousands of dollars by creating the most beneficial offer in terms of financing, deal structure, tax implications, etc.
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Negotiations
- Throughout the sale process, there will be ongoing negotiations that may not be covered in the preliminary offer such as training, an assumption of liabilities, office leases, payment terms, etc.
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Due Diligence
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Once a deal is close to being consummated if needed Murphy will introduce the buyer to professional services firms that are experts in the area of business transactions which are also cost-effective. The areas of services include, but are not limited to:
- CPA
- Attorney
- Banker
- Insurance
- Human Resources
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Bank Financing
- As part of this service, we will introduce buyers to bankers and take them from the initial bank application to the ultimate closing and funding of the transaction. Obtaining bank financing can be more difficult than the actual business buying process itself, we can assist.