“It’s an enormous task to buy a business and you made it easier for us. We love our new business and it has exceeded
our expectations!”
- Bruce Sepielli
Key Factors to be Considered in Selling Your Business
• Setting the selling price:
• Confidentiality:
• Qualified buyers:
• Books and records:
• Financing:
• Closing documents:
• Due Diligence:
ο Too high and the business doesn’t sell and too low and you leave money on the table. Mill Creek Partners has the in-house expertise to develop a valuation for your business.
• Confidentiality:
ο An intermediary must have the ability to find buyers without compromising your business.
• Qualified buyers:
ο We estimate that 4 out of 5 buyers are not qualified either financially or in terms of past experience. We will only bring qualified buyers to a seller.
ο Mill Creek markets widely to find qualified buyers – individuals, private equity and strategic buyers. We can bring dozens of qualified buyers for a well-positioned business.
ο Mill Creek markets widely to find qualified buyers – individuals, private equity and strategic buyers. We can bring dozens of qualified buyers for a well-positioned business.
• Books and records:
ο Ron Hoxter, the president of Mill Creek Partners is a NY State CPA. Mill Creek Partners business intermediaries are experts in the financial and tax issues incident to business sales.
• Financing:
ο Mill Creek is expert in arranging financing for buyers, critical to obtaining maximum cash up front for your business.
• Closing documents:
ο Mill Creek often drafts the closing documents for the buyers, subject to legal review, saving time and money for both buyers and sellers.
• Due Diligence:
ο Buyer verification of financials, contracts and other key aspects of a business is critical to a successful close.
Listen to Mill Creek's president Ron Hoxter on 1210AM's 'The Big Talker'.
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Schedule your free consultation now. Mill Creek Partners makes selling your business simple and gets you what you have earned.
