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Sell a Business in Austin TX
What we do for You

When it comes time to sell your business, you want to put it in the very best hands. At CTX Business Brokers, we have the expertise and resources to sell your business quickly, efficiently and for the best possible price. We appreciate the hard work and sacrifice you have put into your owning and operating your business. We can help you make that dedication count by finding a suitable buyer who will carry on your dream.

The following is an outline of the
steps taken to sell your business.

1) CTX Business Brokers will consult with you to determine your motives for selling, learn about the unique qualities of your business, and help you decide if selling your business is the best means of getting what you want.

2) The next step will be to determine the best listing price for your business. We will need you to gather the following:

• Three year’s profit and loss statements.
• Federal income tax returns for the business.
• List of fixtures and equipment.
• Lease and lease-related documents.
• Copy of the franchise agreement (if applicable).
• List of any loans against the business, with amounts and payment schedule.
• Copies of any equipment leases.
• Approximate amount of inventory on hand.
• Names of any outside advisors (accountant, attorney, etc.).

Pricing your business starts with trying to ascertain the true and actual cash flow that will be available for the new owner - what we call "Seller's Discretionary Earnings". Other factors will then be considered, such as the terms and conditions of your lease, time remaining on the lease, business location, property condition, age of equipment, inventory, how long you've owned the business, industry trends, your businesses sales trends, etc. We will help you view your business through the eyes of a potential buyer so that it can be priced correctly.

Click here to view a sample of the detailed Pricing Analysis Report that will be generated as part of the pricing assessment for your business.

3) Once a price is set and your business is listed, we will develop and implement a customized marketing plan. This will achieve the delicate balancing act of exposing your business to as many qualified prospects as possible, while at the same time protecting your confidentiality and making sure your time is not wasted by unprepared buyers.

4) We will arrange the showing of your business to qualified buyers and will escort buyer prospects on the initial and subsequent visits. CTX Business Brokers will coordinate all meetings between you and qualified buyers and will be present at these meetings to ensure you are properly represented.

5) After a buyer is found, we will prepare and present a Purchase Offer, to be reviewed and approved by you. CTX will negotiate any counter-offers on your behalf and work with the buyer toward obtaining an offer that meets your needs.

6) Following the acceptance of an offer, we will coordinate due diligence inspections by the buyer and will guide the buyer through the evaluation process, seeing that all of the buyer’s questions and concerns are addressed in a professional and timely manner.

7) Prior to closing, we will consult with the buyer, you, and any outside advisors regarding transfers of the lease, utilities, licenses, equipment leases, etc.

8) CTX will attend the closing of the sale to assist in seeing the sale to a successful conclusion.

Of course, a lot happens in the course of completing the above. Strong emotions are likely to arise for both you and the buyer. Doubts and second thoughts begin creeping in on both sides of the deal. Selling a business is no easy task. Buying a business is equally challenging and emotional. One of the important and overlooked functions we bring as your Business Broker is being the glue that holds you and the buyer together through closing. When both you and the buyer leave the closing table knowing you received what you needed from the deal, our job will have been accomplished.

If you are ready to sell your business, Contact Us today for a free consultation.