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 sales >> SELLERS
It’s our job to
facilitate the successful sale of your restaurant by helping to determine
it’s price, helping to structure terms that will be acceptable to both the
Seller and to the Buyer and, finally, coordinating the sale process until
the transaction has successfully closed.
We will:
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Prepare
a detailed offering package
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Prepare
a business valuation
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Implement
a plan & contact potential Buyers
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Negotiate
an offer to purchase or Letter of Intent
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Assist
Due Diligence
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Assist
the close and transfer
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At CRSS we understand
the importance of maintaining confidentiality, so information about your
business is shared with potential Buyers only as their level of interest
heightens. We do not disclose particulars with out a signed confidentiality
agreement.
Listing your business
is only the first step. We will be with you to guide and assist throughout
the entire sale process, including the close of escrow.
Valuation:
This is,
obviously, the Sellers primary concern when considering marketing his/her
business.
There are two ways to
arrive at the valuation of a small business. One method uses the business’
ability to generate sales, cash flow and/or profits. The second is to value
the business based on its’ assets. The method used depends on the condition
of both the business and its market. However, the bottom line is that your
business’ true worth is what a Buyer is willing to pay and what an Owner is
willing to accept.
The highest value the
SBA will place on a business is 3x the Seller’s annual cash flow.
Nationwide, the value averages 2.2x. We want to
achieve the highest possible sale price for our Client but your unique
circumstances are our primary concern.
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