Business Brokering

Business Broker 2024

The business broker team at Trak Financial Services is determined to sell your company confidentially, efficiently and for the right price and terms for you. Our team is determined to help you have full confidence that you have made the right decision to buy or sell your company with our business broker team. We routinely go the extra mile for our clients. Our team finds innovative solutions and keeps you well informed. Your long term success is our success.

Why do businesses sell via a business broker?

You avoid the hassle of selling your business by leaving it to business experts. Our expert brokers have great experience in selling businesses. You focus on the continuing operations of the company, to keep or further increase its value. Have confidence that your business is sold at the right price and with the right terms.

What do we do for you?

1. Professional and accurate business valuation, not just a Broker Opinion that most other business brokers provide.
2. Comprehensive marketing of the business for business brokering success.
3. Customized marketing materials, a high-quality report on your business.
4. Market to thousands of potential buyers and hundreds of brokers. We get the maximum interest and competition for your business to find the most qualified buyer for your business.
5. Screening of potential buyers to assure they have practical skills and financial capacity.
6. Due diligence support package.
7. Negotiation of the pricing and terms of the deal on your behalf. We are the one to negotiate the sale of your business. This allows you to retain your bargaining power and play your cards right. If you are the one checking up on the buyer’s interest, then you will be the one lowering your sale price! Let us maximize the worth of your business.
8. Assistance in securing financing and coordination of the closing of the transaction with both the buyers and sellers, attorneys, CPA’s, financial planners, lenders and landlords.

Integrity

Excellence

Relationships

Good Life

Top 10 reasons why we excel as a business broker:

(1) Price Accuracy. A huge differentiator for our company is that we only broker companies that a business valuation has been completed for. Business valuations are much more costly and involved than any broker opinion. Nearly all other business brokers use broker opinions instead of business valuations. Business valuations provide a solid price, to minimize wasted time in buying or selling a company.
(2) Terms. We provide the most fair terms of any broker. IF we don't sell your company, we don’t have unfair terms that bind our relationship. We don't have terms that increase our commissions.
(3) Price. Reasonable commission for excellent service. We do not charge over 10% commissions. No onerous terms.
(4) Fast. Because we know the right price and terms, and we know your market, we can sell or buy fast.

(5) Experience. We have been buying and selling businesses for over 25 years, in many different industries. We know business.
(6) Market Knowledge. You get a 40-page market analysis of your industry, no more than 6 months old. Also, we have access to the largest databases of sold businesses in the US. We know your market very well.
(7) Negotiations. We provide very successful buyer and seller negotiating. We try to keep if fun and win-win for all parties.
(8) Fiduciary Duty. Our team coaches you through all aspects of the sale/purchase through startup: due diligence, market analysis, negotiations, letter of intent, contract, accounting, taxes, startup, etc.

Why is a Business Valuation so critical?

Trak Financial Services provides a business valuation to its business brokering clients. This high-quality report provides a comprehensive quantitative and qualitative review of the business. The benefits are:

Our team gets to know your business and industry very well
Better price. A professional valuation is the best tool to determine price.
Better terms
A more efficient process
Less time of you answering questions, more time of us answering questions
Fewer time-wasting meetings with inappropriate buyers due to better screening
Fewer deals renegotiated after due diligence
Greater probability of a deal surviving from Letter of Intent to closing
Lower levels of seller financing
Know the price of your business compared to other similar businesses actually sold. We provide in-depth information of similar businesses sold.
Know how your business compares to industry benchmarks
You and the buyer can see opportunities for business improvements
The buyer knows the expected growth of the business, via a 5-year forecast. Our forecasts are calculated, not just estimated.

Recent Business Broker Blogs

Tell your Great Story

When we start preparing to sell your business, we prepare a professional and thorough marketing flyer for potential buyers to review. The idea is to maximize buyer interest. You have a good story and we want to tell the world about it. The flyer is honest and true, but it also needs to be compelling, so that the buyer is drawn

How Buyers Can be Competitive in a Seller’s Market

The market for good businesses has never been hotter than it is right now. For a buyer, the SBA is offering some great incentives on loans that close before the end September (if funds remain available), so it is the perfect time to think about purchasing a business.

How to Keep Strong During your Business Sale

There are inevitably challenges along the way in selling your company. So, both buyer and seller need to be prepared for those bumps. Remaining calm and flexible as we smooth things is key. Here are some things that we can all do to minimize the bumps in the selling proce