OUR SERVICES & PROCESS

We make the process of selling your business as simple for you as possible:

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1.  Opinion of Value

We start with an evaluation of your business to determine the top price a buyer might pay in today's market. There are no up-front costs for this service for those in our market area. Even if you decide not to proceed, we are confident you will call us when you are ready in the future.

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2.  Listing Agreement

When you decide to hire us you will sign an exclusive listing agreement that gives us the right to represent you in the sale of your business. All information provided to us is held in the strictest confidence, and only communicated to qualified buyers who have signed confidentiality agreements, along with their lenders and professional advisors.

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3. Presentation Package

New Biz Brokers develops, with your approval, an Executive Summary package for presenting your business to qualified buyers. This package contains a detailed description of your business including, financial information, business specifics (location, assets, lease information, etc.), and pictures if appropriate.

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4. Confidentiality

Executive Summary packages are only shown to pre-qualified buyers who have executed non-disclosure agreements. Since New Biz Brokers will be your sole and exclusive business broker we are diligent in protecting your vital business relationships with customers, employees, suppliers, banks, creditors, etc.

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5.  Communication

New Biz Brokers will keep in close contact with you regarding buyers interested in your business and facilitate buyer questions and offers. Tours are scheduled with your approval and at a time convenient for you. Buyers are consistently advised of the importance confidentiality.

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6.  Advertising Your Business for Sale

After you have approved the Executive Summary package, your business will be professionally and confidentially marketed to potential buyers. Your business listing will be posted on this website along with other major business opportunity web sites, without divulging your specific name or location.

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7.  Negotiating an Offer

New Biz Brokers will facilitate all buyer negotiations. Our goal is to minimize disruption of your daily business operations and support you in evaluating offers from buyers. Some of the services we offer include:

• Working with the attorneys and accountants for both buyer and seller to ensure both parties receive relevant information.

• Coordinating and managing the due diligence process so all parties move through this process in an orderly manner.

• Managing the preparations leading to closing the sale, including the creation of closing statements, proration calculations, working with attorneys to produce final documents in a timely manner, and ensuring all other details (inspections, loan contingencies, etc.) are being addressed.

• Serving as liaison with the buyer's lender to ensure that the funding is handled professionally and with low risk for all parties.

The Business Brokers in our Firm have managed the closings on hundreds of business acquisitions in the Myrtle Beach area. We are prepared and happy to assist with the important elements needed for a clean conveyance.  If you're thinking about selling your business, contact us today to have a confidential and discrete discussion with one of our business brokers.