M&A Business Brokers for Michigan
Sell a Business in Michigan
If you are considering selling a business in Michigan, you may want to consider Synergy Business Brokers. We sell companies in technology, healthcare, services, manufacturing, construction, distribution, contractors, engineering, transportation, and Education. If your company is in one of these industries and you have a net income (including your salary) of $200,000 to $5 Million, we offer a confidential consultation. We don't charge a fee unless we sell your business so we'll let you know if we don't think we can meet your goals. To start the conversation, please fill out our form below. We look forward to speaking with you.
Buyers for Michigan Companies
We have potential buyers for companies in the industries that we focus on throughout MI including Detroit, Lansing, Grand Rapids, Troy, Farmington Hills, Lansing, Flint, Dearborn, Warren, Sterling Heights, and Anne Arbor. Detroit and Michigan are on the rise, and many potential buyers want to be part of this. Our prospective buyers including companies in the industries that we focus on that want to expand into Michigan, as well as private equity groups and wealthy investors. We've been established since 2002, and have a database of 24,000 potential buyers that we are in constant contact with regarding our new opportunities.
Motivation to Sell a Michigan Company
Most of our sellers have built up a profitable business over many years and are now ready to retire. We guide them through the process and maintain their confidentiality. We'll screen and pre-qualify potential buyers so that we only introduce the best ones to you. We don't advertise the name of your company. Buyers will sign an NDA before we release the details. This allows you to maintain your focus on running the business and keeping it profitable during the sales process.
Sales Process for MI Businesses
It typically takes 6 - 10 months to sell a company. However, in some cases, it takes a couple of months, and sometimes it takes a year or more. That's why it is important to price it correctly from the start. It's OK to leave some room for negotiation, but you don't want to price yourself out of the market.
Reviewing Financial Information
To give you an idea of a potential selling price we'll review your last three years tax returns and a current year to date profit and loss statement. It's essential that the buyer can clearly see your income so we'll want to identify any perks and benefits that you get from the business to be added into the owner's cash flow.
Our marketing campaign includes internet ads, social media, email marketing, our network of contacts, and more. Our job is to identify the best candidates to purchase your company. This is typically a company that can leverage what you have to take it to the next level. It is important to keep an open mind though because you're never sure who is going to make the best offer. We'll negotiate the terms with you and form a collaborative relationship to maximize the value of your company.