Frequently Asked Questions
Will everyone know my business is for sale?
With most business owners, privacy is the most cherished aspect of selling their business. We ensure your privacy by not telling anyone publicly it is for sale. If we do our jobs right, and you do not tell anyone it is up for sale, your employees will find out the business was sold on the day of the sale.
How do I determine what my business is worth?
Business Valuation is the number one question sellers and most buyers have regarding the sale or purchase of a business. At Endeavor Business Brokers, LLC we are experienced at helping determine the fair value of a business.
It is an art mixed with process and data. We look at things like Fair Market Value, Intrinsic Value, Future Investment Value, and Fair Value.
Each transaction is unique and we are here to help buyers and sellers arrive at a fair transaction for both parties.
Can you recommend a .....?
There are many things involved when preparing to buy or sell a business. You may need a good business or real estate attorney, CPA, Banker, Marketing Agency, or Web Developer for instance, or even a good professional cleaning service as part of the transaction.
We have a large network of trusted and vetted professionals that we are happy to introduce you to so that the process goes as smoothly as possible.
How long does it take to buy or sell a business?
Although each sale is unique, the average time from start to transfer is around 8 to 9 months. This is an average and some transactions go faster and some go much slower depending on the complexities and number of parties involved.
I have a long term lease, can I transfer it?
We can help with lease transfers between your landlord and the new owners. We are experienced, licensed realtors.
I own the property the business is located in, should I keep or sell it?
There are pros and cons to both options. We are glad to help you understand your options.
We are licensed commercial real estate agents and can help you set up a new commercial lease or facilitate the sale of your property.
Endeavor Business Brokers
635 E High St
Pottstown, PA 19464
M-F: 9am - 6pm
Sat: By Appointment