How Do I Sell a Transportation Business?
If you are considering selling your transportation business you probably have a lot of questions about the best way to go about it. You may be wondering should I sell my trucking company, or you may have a Limo Business for sale, or perhaps you are considering selling a Medical Transportation Business. There are many factors to consider in selling your business and we have the strategy to help you succeed. If you own a transportation business that has annual revenues of $600,000 to $30 Million then we have a number of potential buyers and can provide a free valuation and confidential consultation. Below are some of the steps to take when considering selling your transportation business.
Contact a Transportation Business Broker
Synergy Business Brokers has a database of over 20,000 potential buyers and we have a number of potential buyers for businesses in the transportation industry. We can discuss the process of selling your transportation business. We will discuss the advantages of your business and some of the challenges that you might face. Our goals are to learn about your business so that we can position it correctly and get the right potential buyers for your business.
Free Valuation & Consultation
One of the first steps is providing you with a potential asking price for your transportation business. We will review your financial information and with your assistance determine what your salary, perks, and benefits are to come up with your owner's net cash flow. We will also look at the trends in your revenue to see whether your business has been trending up, going down or stable. We focus on selling transportation businesses that have net owner's cash flow (including salary, perks, and benefits) of $200,000 to $4Million+.
When you have provided us with the last three years profit and loss information and a current year to date profit and loss we can provide you with a potential asking price for your business. We don't charge a fee for these services until we sell your transportation company.
Marketing & Maintaining Confidentiality
With your input, we will develop a marketing document for your transportation business that we will use to get people interested while at the same time protecting the confidentiality of your business. Potential buyers will need to sign a non-disclosure agreement and provide information about their financial qualifications before we will provide the specific details on your business. From there we usually need to speak with a number of potential buyers in order to get someone that is interested in making an offer on your business.
Negotiating offers for your Transportation Business
The goal is always to get multiple offers which would give us the best opportunity to get you the highest price for your business. Synergy Business Brokers has won a number of awards in our Business Brokerage Practice. We have a team of brokers in CT, NY, NJ, and MA that can meet with you for a confidential consultation.