5 Best Business Brokers To Sell a Business
Transferring a business to a new owner comes with a whole host of worries and oftentimes unfamiliar territory. Working with a business transfer broker can make the process so much easier on both the buyer and the seller. Someone working hard on their behalf, behind the scenes, can make or break the ease of your transaction.
Knowing all of the legalities of a business transfer can be tough, but working with a qualified business broker can take away your stress, knowing that everything is handled. From a seller’s standpoint, they will valuate your business, find you a qualified buyer, and get the deal closed. For buyers, they will find you ideal businesses that will work for what you are looking for, negotiate the best deal for you, and get you running your new business in no time.
Much like anything else, though, not all business brokers are created equal. You want one with a proven track record of completed, quick sales and happy customers. Below is a list of the best business transfer brokers to work with.
If you are a business bringing in revenue of over $2 Million to $25 Million a year, Business Exits is the top choice for selling your business. They closed 91% of all business they brought to market in 2019 across many different industries. They work with buyers both nationally and internationally, which ensures you get the perfect buyer for your business.
Digital Exits is another top choice for business brokers. They specialize in the smaller revenue range beginning at just $250k, which opens them up to a lot of potential buyers looking to grow an already successful business. Digital Exits is for entrepreneurs by entrepreneurs. This is especially important because they are able to convey to buyers exactly what goes into starting a business, because they’ve been there.
In the larger revenue bracket is Woodbridge. Working with large businesses with revenue ranging from $5M to $250 million, they have 19 worldwide locations. Offering 27 years of successful service, they operate on a team approach instead of only one agent, ensuring that each sale has extensive experience behind it. Servicing a multitude of industries, for your large revenue sales, they are the team to go with.
Houlihan Lokey is a middle market global investment bank who specializes in mergers and acquisitions. They operate on the understanding that in today’s market you must move quickly and diligently to get the sale done. Having the bank behind them means they are able to qualify buyers and offer smooth and quick sales to businesses.
Transferring your business to new ownership in a sale can be an exciting time as you look to your new possibilities. Using a top business transfer broker can make the process easy for both the buyer and seller.