SELLING YOUR BUSINESS

Is your business prepared for a future transition?
Explore the Exitonomy™ Readiness Scorecard to find out.

Is It Time To Think About Selling?

You’ve invested years of time, capital, and energy into building something meaningful. But every business journey eventually leads to a transition point. Whether you’re planning ahead or facing a life event that requires a change, having the right exit strategy and the right guidance is essential.

At Metroport Advisors, we help you position your business for a successful exit under the most favorable terms. You may be surprised to learn there are qualified buyers actively seeking businesses like yours. Our proven process helps you identify opportunities, improve salability, and take the steps needed to achieve a smooth, profitable transition.

NOW, LET'S WALK THROUGH THE PROCESS

HELPFUL INFORMATION

During this phase, we’ll review critical documents that tell the story of your business, including:

  • Three years of Profit and Loss (P&L) Statements.
  • Corresponding Balance Sheets.
  • Three years of Tax Returns for the business.
  • Statements of Cash Flow (if available).
  • Operating and Policy Manuals.
  • A list of both owned and leased assets, including equipment and inventory.
  • A list of loans in the business’s name.
  • Copies of all management or franchise agreements.
  • Copies of all equipment and property leases.
BUSINESS VALUATION

This step involves establishing a reasonable asking price for your business as you prepare to enter the market. Most buyers are willing to pay a fair price for a sound return. We will assess:

  • Historical financial performance.
  • Restated income.
  • Risks and opportunities.
PERFORMANCE EVALUATION AND COACHING

Think of this as the fiscal housekeeping crew. We’ll assess aspects of your business that can be improved to boost performance and develop a plan and timeline to execute these improvements effectively.

EXIT PLANNING

This phase is all about mapping out the future of your exit strategy. We’ll work together to develop a plan and timeline for bringing your business to market.

REAL ESTATE STRATEGY

Here, we’ll evaluate your real estate assets and obligations to create a win-win situation for both buyers and sellers. This includes assessing the real estate factors in your business and developing a plan to enhance your real estate position, which could involve a potential sale and leaseback or negotiating longer-term arrangements with your landlord.

SELLING YOUR BUSINESS

Finally, it’s time to hit the road and put your business on the market. We’ll help you develop a comprehensive sales strategy, create an advertising and marketing channel plan, screen inquiries from potential buyers, facilitate negotiations with vetted buyers, and oversee the due diligence process. We’ll also coordinate the closing activities involving the buyer, seller, and respective advisors to ensure a seamless transition.

With our support and guidance, you can navigate the process of selling your business with confidence and optimize your chances of achieving the best possible outcome.