A Business Broker is a professional who assists in the buying and selling of businesses. They help value your business, market it, and navigate the complex process of selling. If you’re looking to buy a business, a Business Broker can help you find the right opportunity and negotiate the best deal.

If you have any questions, please don’t hesitate to call one of our local Business Brokers or read our posts, “Benefits of Using A Business Broker” and “Finding the Right Business Broker” to learn more. 

Yes. The entire process is kept confidential. If you decide to list the business, we require all potential buyers to complete a Non-Disclosure Agreement, Buyer Qualification Form, and Disclosure Notice before releasing any confidential information.

We sell a wide variety of businesses, ranging from small local enterprises to large-scale operations. Our listings include everything from retail stores, restaurants, service businesses, e-commerce, to manufacturing companies and tech startups. No matter the industry, we have the expertise to help you sell your business. Our experienced team of Business Brokers are very diverse. Odds are one of us have owned or sold a business similar to yours.

At Texas Business Brokers, we primarily specialize in sell-side representation. However, to benefit our sellers, we also provide comprehensive assistance to buyers throughout the process, ensuring they receive exceptional service and support. We educate buyers on the business acquisition process, offer referrals, answer questions, and provide additional guidance to facilitate a smooth transaction.

If your thinking about selling your business, talk to one of our experienced local Business Brokers today to learn more about the entire process and how our Sell-Side representation can benefit you.

The time it takes to sell a business can vary greatly from business to business. On average, it can take anywhere from 3 months to a year to sell a business, but this timeline can be influenced by:

• Business Valuation: Properly valuing the business is crucial. Overpriced businesses tend to stay on the market longer.
• Type of the Business: Businesses in niche markets may take longer to sell than more general businesses.
• Market Conditions: Economic conditions, industry trends, and market demand can all impact the time it takes to find a buyer.
• Preparation: How well-prepared the business is for sale (e.g., having all financial documents in order, a solid business plan, etc.) can speed up the process.
• Marketing and Exposure: The effectiveness of the marketing strategy and the exposure the business gets can also impact the sale timeline.
• Negotiation Process: The length of negotiations and due diligence can add time to the sale process.
• Buyer Financing: If a Buyer chooses to finance the transaction rather than pay cash increases the timeline by 1-3 months depending on the bank, loan type, and Buyer responsiveness. 

One of the first steps in the process of selling your business is performing a business valuation. Depending on the results, our experienced and local Texas based business brokers can create several custom marketing strategies so you can compare them and determine the best marketing approach that meets your needs.

If your considering selling your business, don’t hesitate to contact us for a free business valuation or use our business valuation calculator. Knowing what your business is worth can help you decide the best path forward. 

When you’re selling a business, having the right documents and information on hand is crucial for a smooth transaction. We have a document called our “Seller Item Checklist“ that lists all the typical documents needed to sell a business. 

We earn a commission only if you decide to list your business for sale with us and we sell it for an amount you are satisfied with. Our Business Brokerage services are 100% performance-based and we never take any money upfront. We only win if you win.

Yes, you can sell your business with outstanding debts or liabilities, but buyers typically account for debts in their offer, and usually require all debts or liabilities that are not being transferred to be settled at closing. In most cases, a seller can use the funds of the business sale to satisfy these debts or liabilities. This usually occurs on the closing Settlement Statement. Contact one of our local Business Brokers to learn more. We are here to help and answer any questions you may have.

Valuing a company for sale is a complex process that requires careful consideration of many factors. The most common and accurate valuation strategy we use is the Income Approach.

To calculate the business valuation using the Income Approach, we first determine the Seller’s Discretionary Earnings, which is net income plus any expenses that will not transfer with the business and won’t be present for the new owner. From there, we analyze the business and market to determine a multiple. Then, it is: SDE * Mulitple = Value.

Once a value is determined, we use our “Test of Reasonableness,” a calculation that examines the asking price through the eyes of a buyer and estimate what a new buyer can expect to earn after debt service. We do this to ensure the risk/reward balance makes sense to the buyer and to try and avoid any issues with bank funding during the valuation and underwriting process. If you have any questions, contact one of our local Business Brokers today to learn more.

Yes, our Austin-based Business Brokers service the Austin market along with all the other major Texas Cities.

Selling a business involves several steps including business valuation, preparing your business for sale, marketing, negotiating with buyers, and closing the deal. Our Business Brokers will guide you through each step to ensure a smooth and successful sale.