Since 2006 ABBG is a full-service professional business intermediary firm specializing in all aspects of the confidential sale, merger, acquisitions and valuation of privately held mid-market companies. Our primary focus is handling the sale of entrepreneurial and family held companies. American Business Brokers Group LLC consists of a professional team of business brokers with the experience and diversity required to provide our clients with outstanding results. We market your business effectively so that you get the best price in the shortest time. We offer the utmost in confidentiality, professional valuation services and maximum exposure through our comprehensive marketing and continued support through the transfer of ownership process by handling negotiations between all parties including accountants, attorneys, franchisors and other professionals. For Buyers our service includes conducting business searches through our extensive database and professional contacts to locate the ideal business that suits their requirements.
As your business broker, we analyze your operation, finances, market potential and trends. We take that information and generate a business profile that represents your company in the most attractive way possible.
We identify the best possible price range for your business. This is based on solid facts, the condition of the market, projected growth, sales potential and the sale of similar businesses within your industry. We apply sophisticated, time proven valuation techniques to ensure that your price is appropriate for the current market condition. The price must not be too high or too low. Yet, it must represent an attractive investment potential.
We utilize the latest technology to present your business to other business brokers and strategic buyers all over the world. This greatly multiplies the effort in your favor. With AMERICAN BUSINESS BROKER GROUP, you have literally thousands of industry professionals selling your business, yet your confidentiality is always respected.
Our aggressive marketing program ensures your confidentiality and provides maximum exposure for your business. Your listing is placed in various industry databases, internet sites, and publications which are constantly updated. We spend more money in advertising and marketing for buyers than anyone else in our industry.
We organize all necessary documentation and release information only as needed. We use limited information when advertising to maintain confidentiality. Then buyers are pre-qualified and required to execute a confidentiality agreement before receiving any sensitive information concerning the sale.
We attract thousands of buyers, creating competition for your business. Buyers are qualified for financial ability to meet the offer. We will then reduce that number to only the most qualified buyers. Once you meet the best of the buyers, we urge them to prepare and present all offers. Many times, a negotiation is doomed to fail because of lack of proper qualifying. As your business broker, we can also approach and continue to track potential buyers without weakening your position.
Appropriate negotiation is crucial to achieving your best price and terms. We have the expertise to establish sound and resourceful negotiating techniques on your behalf. American Business Broker Group has trained all of its agents in the art of negotiating through curriculum that we have created specifically for our industry. Never negotiate without planning, expertise, or from a position of weakness.
We take pride in our exceptional service. Only half of the job is finding the right buyer who will pay your price and meet your terms. The other half is getting that buyer to the closing table. We quarterback the deal, work with the accountants, lawyers, banks, landlords, and other third parties that could jeopardize the success of the transaction. We realize that you depend on us to guide you through the sale of your business. We make the transition simple and easy for you. We know when an opportunity for you may arise and are always there to take advantage of it. We also know when someone is trying to kill your deal or is being unreasonable and how to handle those situations.
We help manage all administrative procedures, licenses, inventory counts and lease assignments that may be required. We work closely with your advisors to ensure a smooth transition. Using the latest technology, we strive to be ready to work on your behalf to get the deal done!
Because we are in the business community, you may to consult us at any time after the sale. We will provide you with any assistance you may require after the closing. We always remain in your corner!
Finding The Right Business: ABBG Buying Process: Steps to Entrepreneurship
You have made the decision to control your financial future by purchasing a business. Owning a business is the greatest way to build wealth and take charge of your own destiny. Congratulations for contacting American Business Brokers Group, you’ve selected the right partner! Now the process begins to help find and acquire the right business for you.
All buyers should meet their American Business Brokers Group representative in person, however, if that is not possible due to distance, continuous communication by phone or email can be effective. We begin our process by gathering detailed information about you to establish your financial capabilities, your skills and experiences, and your personal life goals. This information helps us gain your commitment to the process and determine the best types of business to pursue. Once this is completed, we will start your search using American Business Brokers Group’s considerable market basket of resources.
You won’t feel comfortable making a decision until you understand what it takes to buy a business. We will explain the process and help you understand the realities of the current marketplace. You will learn how to use online forms, to search the Internet for businesses, to read Business Listing Information sheets, to understand basic valuation concepts, and to review our available opportunities.
Now the hard work begins. We will help you search for your business, aid you in signing confidentiality disclosures, get you detailed information on the business, and set up showings with the seller. We will refine your business search and visit opportunities until you decide on a business to purchase. If your search takes longer than a few months, you may need to return to the education step.
We will share with you our expertise in deal structure, by helping you draft a contingent offer on a business that you would like to buy. A purchase and sale agreement will be presented to the seller with a deposit of good faith held in escrow to demonstrate your seriousness. After any negotiations, you should be left with an executed contingent purchase agreement to buy a business.
This period is where you fully inspect the owner’s representations are accurate. We will coordinate the efforts of your legal and accounting professionals and strive to satisfy all contingencies. If there is financing involved your application must be approved by the lender, proving that you are qualified for repayment of the loan.
Final preparations will be made for lease assignments, utility transfers, financing, merchant service accounts, inventory counts and any other last minute preparations to make the transfer as seamless as possible. Your acquisition will usually be completed by an attorney with the signing of several documents and the payment of the balance of the purchase price.
Transitional training by the seller may include meetings with employees and clients, technical education, computer updating, and other essential knowledge transfer. We will be available to assist you with any questions or post closing requirements you may have. Remember what you have learned throughout this process, because when the time comes, American Business Brokers Group will still be here to help you sell your business.
Many additional questions may arise during the buying process. Please do not hesitate to have us explain in detail any portion of this process. You will discover that, with American Business Brokers Group’s assistance, you can have a successful experience purchasing and owning your own business.