Whitehurst offers you 20 years broker’s experience and more than 110 successful sales.
Selling Retail Business with the experience it takes to put all of the pieces together to get you, the seller, to a successful closing of your business sale.
Many first time buyers for companies coming out of Corporate America will shy away from retail businesses. The reason for this is simple: Retail firms are often perceived as a “ball and chain” type operation to run. Buyers do not like the idea of having to “mind the store” 6 to 7 days a week or work long hours which retail generally requires. For this reason, retail is not given its just due from buyers.
Here is how Whitehurst will many times position and marketing the sale of your retail business to close the deal for you and sell your business:
Retail companies provide a more even cash flow on a daily and weekly basis than manufacturing or wholesale/distribution. Many buyers overlook the benefits of owning an all cash business and the resulting cash flow benefits that the retail business provides. There is no cash requirement for A/R as in the other types of business firms, as cash is paid immediately for the product being sold. Additionally, after the initial investment of leasehold improvement to get the location ready for occupancy/ market, there is very little money required in annual capital expenditures as in the other types of business entities.
Selling your business with the Whitehurst advantage
Many business owners do not know how to get their business ready to sell. The event (business sale) could be years off, and you, the owner, may need to make changes or additions to get the business ready to obtain the highest justifiable price in the sale.
Bill Whitehurst has more than 45 years of entrepreneurial experience as both a business owner and a successful business broker selling retail business. This combination of having been in your shoes, coupled with years of experience in selling businesses, gives Whitehurst the knowledge to be able to assist you in preparing your business to sell.
Whitehurst has the experience to understand how certain factors can determine whether or not you sell your business at the most advantageous price or if you sell your business at all. As in any business endeavor their are right and wrong ways to handle a business owner’s sale. Knowing the steps and handling the protocols necessary are part of an experienced business broker’s value to you.
These are just some of the advantages of selling your business through Whitehurst Mergers & Acquisitions
Our position is that no resource is spared in the process of successfully selling your business.
Whitehurst’s network of experts, each with specific deal-making expertise may be retained to make sure the sale of your business goes smoothly and that the maximum sale price is achieved.