A: Act when the business is "flying high." A desirable business will have a track record of at least three years of consistent or growing revenue. Another crucial variable is verifiable discretionary cashflow. Simply, the higher the adjusted net earnings, the higher the price, and the easier the financing. The professionals at BANBURY, INC. accentuate the true profit picture so buyers can 1) service the debt to buy the business, and, 2) earn a good living and create wealth.
Q: Why is Confidentiality A Big Deal?
A: Confidentiality is an integral part of every sale so to not alert competitors or worry employees. BANBURY, INC. requires prospective buyers to sign a non-disclosure agreement before they release the details of any business offering, and, they further qualify prospective buyers for their financial capability and business acumen. Legitimate buyers appreciate an opportunity to "walk in the owner's shoes" and will protect the owners and their business.
Q: What About Due Diligence and Other Acquisition Requirements?
A: Due dilegence is a critical part of any offer; buyers must thoroughly investigate the business and ascertain it's a good fit for them. BANBURY, INC. helps buyers examine subject business models for strength and potential. They also facilitate deal structure, asset allocation, financing, licensing, environmental assessment, title, U.C.C. lien search, inventory service, and other important transfer details right through to "win-win" closing.
Q: Why use Banbury, Inc.?
A: Whether manufacturing, wholesale, retail or service, BANBURY, INC. has managed the successful transfer of some of the finest businesses in the Northwest. Like certified/licensed professionals in other fields, our "Certified Business Intermediary - CBI" designation signifies years of education and experience specifically in business brokerage. Membership in the International Business Brokers Association demonstrates our commitment to a high standard of good business practices and ethics. BANBURY, INC. genuinely strives to "help entrepreneurs change their lives" through the purchase and sale of successful, thriving businesses.
