New England Business Brokers for Vermont
If you own a company in Vermont and are considering how to sell it, you may want to consider Synergy Business Brokers. We focus on selling companies in healthcare, services, manufacturing, technology, transportation, distribution, and construction. If you own a company in one of these industries that has an owner's net income (including your salary and benefits) of $200,000 to $5 Million, we offer a confidential consultation.
Potential Buyers for Vermont Companies
We have buyers looking for profitable businesses in the industries that we serve throughout the US and Vermont including Burlington, Rutland, Bennington, Chittenden, Franklin, Windsor, and Windam. We have been selling businesses since 2002 and have built up a potential buyer database of 24,000.
Confidential Vt. Business Sales
With all of our clients, it's important to maintain confidentiality during the sales process. We don't advertise the name of your business or exact location. Potential buyers will need to sign a Non-Disclosure Agreement and give us their qualifications before we provide the details on your business. We'll gather some information about your business and develop a marketing document that positions it to attract the right buyers. We maximize your strengths and position the weaknesses as growth opportunities for a new buyer to improve the business.
Narrowing down the potential buyers
We generally need to speak with a large number of potential buyers in order to get a handful of buyers that are qualified and interested. We generally get the first one within 1-8 weeks and introduce them to you to see if there is a fit. On average its 1-6 buyers that we introduce in order to sell the company. Typically it takes 6-10 months but if everything goes quickly we've sold businesses in a couple of months.
Valuing a Business
Prior to beginning the process we'll review your financial information and give you an idea of a potential selling price. This way you know what to expect when the offers start coming in. The best way to maximize your price is through multiple offers and in most cases we're able to achieve that. The key is to price the business properly. You can leave some room for negotiation but in some cases, we're able to get the full asking price.
No Fee until your Vermont Business is sold
We are selective in taking on businesses which we think we can sell because we don't charge a fee unless we are successful. During our confidential consultation, we can give you a ballpark estimate of what your company might sell for and get more specific once we review the financial details.