Will you keep my people?
Yes. The crew is most of what we are buying. We do not buy a business to gut it. If someone on your team is the reason the business works, we want them to stay and we will pay to keep them.
Do I have to carry a note?
No, but we will offer it. A seller note of 10 to 20 percent usually gets you a higher total price, because it tells us you believe in the numbers. If you want all cash and a clean break, say so on the first call and we will price it that way.
Can I stay on for a while?
Yes. A three to twelve month transition is normal, and it can be part time. Some sellers want to hand over the keys and leave. Some want to stay a year. Both work.
How long does it take?
Forty-five to sixty days from signed letter of intent to closing, assuming clean books and a landlord who cooperates. The offer itself typically comes within ten business days of us seeing real numbers.
What if I’m not ready to sell?
Then grow first. We can run the same marketing engine we use on our own companies on yours today. You build what the business is worth, and when you are ready to sell, you already know the buyer.
What do you need to make an offer?
Three years of business tax returns, a year-to-date profit and loss, a list of your top customers with percentages, and a rough headcount. That is enough to put a number on paper.
Will you ever sell my business?
That is not the plan. We buy to hold, and we intend to be the last owner your business needs. Every deal is its own written agreement, and anything you want promised should be in it.
What happens to the name?
It stays. The sign, the trucks, the Google listing, the phone number, the reputation. An elephant does not forget a name. We buy businesses with a name worth keeping, and changing it would throw away the thing we paid for.