A question we get asked often when speaking with business owners is “When is the right time to sell my business?” And…..Right behind that is “What do you think my business is worth?”
Here at Legacy Mergers & Acquisitions we have the experience and tools to answer both of those questions and many more. The process of selling a business if structured and managed right has one main goal and purpose and that is to get you the owner the highest and best price from a buyer you approve of and believe will carry on your Legacy. Every transaction is strictly confidential including all conversations and documents related to the process. All buyers are financially qualified and sign a Non-Disclosure Agreement before any confidential information about the business is revealed.
Though there are numerous logical reasons to sell or not sell a business, at the end of the day logically, the right time to sell most businesses is when multiple buyers are interested and the highest price can be commanded. This perfect storm occurs when the following elements are in place: 1) there is a history of financial improvement in the business over the last few years, both in revenues and earnings. 2) There is strong evidence that revenues and earnings will continue to increase in future years. 3) A management team is in place. 4) Market conditions are such that the investment community (Business Buyers) believes there is good upside ahead for the industry segment your company serves.
When you work with Legacy Mergers & Acquisitions you are working with a business owner who has been in your shoes. Every member of the Legacy team has been or is currently a business owner. We know how it feels to sell a business and we understand how important it is to you “To get it right the first time”. We focus on the details, big and small and make sure you are kept fully informed throughout the entire process from start to finish.
As M&A professionals we understand the sacrifices and risks every owner has taken to accomplish the level of success they have achieved. Our goal is to help any business owner who is ready to exit their business position and present themselves in the best way possible to achieve the highest and best offer for the business.
Thank you for your interest in our firm. If you are considering selling your business now or in the future we would appreciate the chance to answer any questions you may have about the services we offer. Our office is in Kansas City Missouri and we work with clients throughout the Midwest including the states of Nebraska, Iowa, Kansas, Missouri, Oklahoma and Arkansas.
For more information or to have a direct discussion with one of our brokers please contact us today.