OUR 9 STEP
WE GET PAID WHEN YOU GET PAID!
CONSULTInitial free consultation
Initial free consultation – explanation of process / fees and understanding the business and determination if we are to work together... Collection of documents to access value.
VALUATEBroker opinion of business value
A team of professional accountants and analysts will review the submitted documents and prepare an assessment of the value for your business.
ENGAGESigning the Engagement (Listing) Agreement
When the listing price is agreed upon, both A R Business Brokers and the Seller then enter into an official relationship by signing the Engagement / Listing Agreement
COLLECTDetailed Business Documentation
A CIM Interview (if required) and further documents will be requested from the Seller including legal, financial, and tax documentation that will be required during Due Diligence. These documents will be organized and stored in a secure data room that is only available to A R Business Brokers so that the team can learn more about the business for sale and begin preparing the business marketing materials.
MARKETPrepare & implement marketing plan
Using the info above various marketing materials will be prepared and marketed to a database of over 40,000 interested Buyers and marketed on a variety of online and print platforms. A teaser is a brief, confidential write up of the business providing only basic information without identifying the name of the business or giving enough information for the public to identify the business for sale.
QUALIFYShortlist & Qualify Potential Buyers
Qualified Buyers interested in more information about the business for sale will be profiled and required o sign an NDA, which protects the Seller’s confidential business information and articulates that the business sale is to be kept confidential. After an NDA is signed, the team can engage in revealing more detailed information and provide information packages about the business for sale.
NEGOTIATERecieve & Negotiate Offers
Interested Buyers will send in a Letter of Intent(LOI) or an Engagement Letter. The LOI is the Buyer’s written proposal and it outlines a proposed price and terms. The purpose of this document is to lay out the fundamental terms and officially declare that the negotiations can begin. The LOI is non-binding, which means it does not actually legally commit the buyer to follow through with the terms. A R Business Brokers will facilitate negotiations between the Buyer and Seller and guide the process as the LOI/Engagement Letter is accepted by both parties.
FACILITATEAssist & Facilitate Due Diligence & Financing
At this stage, there are several key conditions that will be addressed, including but not limited to, financial/legal due diligence performed by the Buyer and his or her accountant and attorney. Due diligence is the process when the Buyer has the opportunity to examine all financial records and documents. If there is a lease involved, the buyer and his or her council will verify details including the measurements, insurance, market and lease agreement. Next, we move onto the lease agreement, franchisor approval (when applicable), and lawyer review/definitive purchase agreement where the lawyers for both the Buyer and Seller agree on final terms of the sale and closing.
CLOSEExecute the Sale Purchase Agreement
Closing is the most exciting and rewarding part of the entire process. This marks the completion of the sale process. Over the years, A R Business Brokers has helped hundreds of clients sell their business for top dollar. Check out what Business Owners who sold their business with A R Business Brokers have to say at https://www.aldrin.ca/testimonials
Looking to sell your business?
Reach out to us and one of our experts will get in touch with you: