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Service Plan Highlights
Discount Broker Service Plan Full Broker Service Plan
1. Non-exclusive listing. Seller is free to work with buyers they introduce or other brokers and agents. 1. Exclusive listing - commission due Broker no matter who introduces buyer to business.
2. Limited market analysis based on information provided by client to determine range of suggested values. 2. Full market analysis based on information provided by client.
3. Information package and advice on preparing your business for sale and items needed for a successful sale. 3. Assistance on preparing your business for sale and items needed for a successful sale.
4. Advertising copy review and suggestions. 4. Preparation of advertising copy.
5. Confidential Business Memorandum template for marketing your business. 5. Preparation of Confidential Business Memorandum.
6. Internet advertising w/ monthly stats. 6. Internet Advertising with monthly stats.
7. Business “Virtual Tour” on password-protected Broker website from digital pictures supplied by Seller. 7. Prepare (on-site visit, take digital pictures) Business “Virtual Tour” on password-protected Broker website.
8. Internal buyer database exposure. 8. Internal buyer database exposure.
9. Buyer Screening
a. Maintain confidentiality. (Buyers are not contacting your store directly.)
b. Buyers must execute confidentiality agreement before being introduced to the business.
c. Qualify buyers - buyers will provide financial statement.
d. Screened buyers will be given to seller for contact and showing.
9. Buyer Screening and Showings
a. Maintain confidentiality. (Our office handles all buyer contact.)
b. Buyers must execute confidentiality agreement before being introduced to the business.
c. Qualify buyers - buyers will provide financial statement.
d. Broker will attend showings with potential buyers.
10. Professional advice via telephone or email from Brokers. 10. Negotiations. Broker will handle all negotiations with buyer.
11. Referrals to other professional services as needed:
a. Business appraisers.
b. Bankers.
c. Lawyers.
d. Accountants.
11. Financing. Broker will work with buyer to obtain outside (SBA) financing when needed.
12. Other service may be purchased if needed:
a. Showings.
b. Negotiations.
c. Closing/Escrow set-up and follow-through.
d. SBA loan packaging.
12. Closing. Broker will arrange closing and escrow; provide general sales and purchase forms, and work with buyer through due diligence and other contingencies.
13. Post-closing telephone consultation and other services by request. 13. Post-closing. Broker will work with buyer and seller to insure a successful post-closing business transfer.