Our Services
PMJs experience and expertise lies in the start to finish process of selling a business. We maximize our clients’ value, while structuring a bank-financeable transaction and maintaining confidentiality on both sides.
Preparation of Business for Sale
- Consolidation of financial reports
- Preparation of “Offering of Sale” Business Summary and other marketing materials
- Seller’s Discretionary Earnings (SDE)/Cash Flow/EBITDA Analysis
Virtual Tour
- Virtual Tour filmed of business and property (where applicable)
- Confidential: Web-based and Password Protected
Advertising/Marketing
- PMJ buyer database
- PMJ website
- Other national/international websites linked to PMJ
- BizBuySell.com
- BusinessesforSale.com
- BizQuest.com
- IBBA.com (International Business Brokers’ Association)
- PennBBA.com (Pennsylvania Business Brokers Association)
- MASource.org (M&A Source)
- Direct Mail/Industry Contact
- Print: local newspapers and trade magazines where applicable
Confidentiality Agreement/Non-Disclosure Agreements (NDAs)
- NDAs required to be signed by all prospective buyers
- No confidential information disclosed without signed NDA
Financial Screening and Bank Qualifications of Prospective Buyers
- Personal Financial Statement or other company information required
- Bank Approval Letter required, where applicable
Negotiate Terms of Sale for Acceptance by Seller
- No Seller Financing included, unless reasonable amount acceptable to Seller
Preparation and Execution of Letter of Intent (LOI)
- Specifies material terms of transaction
- 10% (up to $100,000) refundable deposit required from buyer upon acceptance by both parties
- Serves as foundation of Purchase Agreement to be drafted by the attorneys
Due Diligence
- Exchange of information among parties
- Coordinate meetings on site between seller and buyer
- Navigate Bank financing process
Closing
- Manage several parties during process:
- (1) Seller
- (1) Buyer
- (2) Lawyers
- (2) Accountants
- (1) Bank
- Coordinate the drafting of the Agreement of Sale with lawyers and accountants
- Lawyer/Accountant referral (if necessary)
- Buyer’s Bank referral (if necessary)
- Meeting with Employees (if necessary)
- Guide all parties through closing process
PMJ HQ located in Clarks Summit, PA