Do you need help buying or selling a business in the West Texas and New Mexico area? We can help you find the right business for your needs and budget. The professional business brokers at The Powell Group have brokered millions of dollars in business sales during our 15 years in business. We have experience helping people just like you buy and sell businesses in West Texas, with an impressive track record that has led us to become one of the leading business brokerage firms in the Texas Panhandle.
Did you know that there are over 30 million businesses in the United States and Canada on any given day? On average, forty percent of business owners expect to sell their business within the next three years.
We work with you to understand your goals and then use our vast resources to find businesses that match your criteria. Once we’ve found a few businesses that fit what you’re looking for, we’ll help you evaluate them to determine which one would be the best fit for you. There are a lot of factors to consider when buying or selling a business, and we’ll help you make sure that you have all the information you need to make an informed decision.
8 Basic Steps to Selling a Business
Execute a Non-Disclosure Agreement from Murphy Business Sales Business brokerage firm to the owner
Gather and examine company historical and financial data
Determine fair market value and terms
Enter into an engagement agreement with the owner
Execute marketing plan
If you’re selling your business, the professional Business Brokers at Murphy Business Sales will design a custom plan to promote your business to likely buyers. We directly market your business through global networks and on multiple websites, which means that you have a powerful network of business brokers working with us to find the perfect buyer.
We also offer professional appraisals and valuations if you’re just looking for information or want to know the fair market value of your business.
For business owners considering the sale of their company, Murphy Business Sales’ experienced business brokers will provide the following services:
Determine the market value of the business to be sold
Prepare an informational package describing the business to be sold
Market to prospective buyers on behalf of the seller on a confidential basis
Qualify prospective buyers on their financial capability and their sincerity in buying
Assist the seller in evaluating offers and negotiating terms of the transaction
Facilitate the consummation of the transaction in conjunction with the seller’s tax and legal advisors
Helping You Find & Identify Potential Buyers for Your Business
At The Powell Group, we understand how to identify buyers for your business. Our network provides access to groups like:
Small Group Buyers
Private Equity Groups
High Net Worth Buyers
The sale of an active business is more effectively managed by a professional business broker who is experienced in all aspects of the transaction. Buying and selling a business demands a level of expertise that you only get from seasoned Business Brokers, who can help you save thousands of dollars in the sale.
The professional Business Brokers at Murphy Business Sales design a custom plan to promote your business to likely buyers. We directly market your business through global networks and on multiple websites, which means that you have a powerful network of business brokers working with us to find the perfect buyer.
We understand the importance of maintaining confidentiality, so information about your business is shared with potential buyers in stages as their level of interest heightens. Our brokerage firm does not disclose confidential information without a signed Confidentiality Agreement and a buyer application. We work toward a full disclosure with either an Offer to Purchase or a Letter of Intent to Purchase.
That’s not all! We use our numerous banking and financing contacts to assist the buyer and arrange favorable financing. This includes traditional financing, small business loans (SBA), or the use of non-traditional lenders. By doing this, we can also help minimize the amount of seller financing.