M&A Business Brokers for Tennessee
Sell a Company in Tennessee with Synergy Business Brokers
If you have a business in Tennessee that you are considering selling, Synergy Business Brokers sells TN businesses in healthcare, services, manufacturing, technology, transportation, distribution, and construction. We have experience selling Tennessee companies with an owner's net income of $200,000 to $5 Million, so hopefully, your business falls within that range. If so we offer a confidential consultation.
Potential Buyers throughout Tennessee
We have buyers looking for profitable businesses in the industries that we serve throughout Tennessee including Nashville, Memphis, Knoxville, Chattanooga, Clarksville, and Murfreesboro. With most of the businesses, we sell the owner has worked in the business for many years and is now ready to retire. We assist the business owner in finding the right buyer and negotiate terms that will satisfy both parties. Of course, it usually takes some work to get there. We allow you to focus on running the business while we are qualifying buyers and only introducing the ones that are both qualified and interested.
Maintaining confidentiality while selling a Tennesse Business
It's important to maintain confidentiality during the sales process so we won't advertise the name of your business or exact location. We'll require potential buyers to sign a Non-Disclosure Agreement and give us their qualifications before releasing information to them. We'll develop a write up about your business that positions it to attract the right buyers. You want to maximize your strengths and position the weaknesses as growth opportunities for a new buyer to improve the business.
It's important to have clear financial information. We'll assist with this process and help to identify what the true owner's net income is, including your salary, perks, and benefits. Once we have your financials we can provide you with a potential asking price. You want to maximize your price but also be realistic. With over 15 years of experience, we can tell you what similar businesses sell for. Usually, we recommend leaving some room for negotiation in the asking price but we've also sold plenty of businesses for the full asking price. It helps to have multiple buyers to increase your negotiating leverage.
We have a database of over 25,000 potential buyers and we'll narrow down the right ones for your business. It's a process that unfolds over time. Generally, we can introduce a qualified buyer to you within 1-8 weeks. It's normally 1-6 buyers that we introduce in order to close a deal. On average it takes 6 to 12 months to sell a business. But we have sold a number of businesses in a couple of months if all goes quickly.
No Fee until your Tennessee Business is sold
We are selective in taking on TN businesses which we feel comfortable that we can sell. Because we only get paid if we sell the business. This ensures that our goals are aligned and we're working together to maximize your price and get the deal done. Usually, you will stay on after the sale and provide a transition so it's important you get along with the buyer. We look for buyers that are easy to work with as well as financially qualified.
Contact us to sell a TN Business
During our confidential consultation, we'll find out more about your business and discuss your goals. We'll let you know if we are a good fit to help you meet them. To get started please fill out our form online to contact us, email [email protected] or call (888) 750-5950. We can help:
- Sell your Tennessee Healthcare Business
- Selling Manufacturing Businesses in TN
- Sell a Tech company in TN
- M&A for Service Businesses in TN
- Mergers & Acquisitions for Construction companies based in TN
- Selling Wholesale Distribution Companies in Tennessee
- Acquire a Tennessee Business. Please view our TN Companies for sale.