Thinking Seriously about Selling your Business?
Don’t think about doing it alone. The sale of business without a qualified team working with you can be very complicated, often wasting your time, energy and money, without producing any results. When you work with Kyle Griffith you will feel at ease knowing that your business is in the best of hands as his main goal is get you “Top Dollar” for your business in the “Shortest Period of Time” possible, while maintaining the utmost highest level of professionalism, integrity and confidentiality.
Kyle Griffith is a Certified Business Intermediary with Strategic Merger & Acquisitions Advisors (SMAA) a premium service mergers and acquisitions firm specializing in the confidential sale, acquisition and valuation of small to mid-sized privately held businesses.
If you are thinking about selling your business, Kyle in conjunction with SMAA can confidentially and professionally manage all phases of your business transfer. He and his team can help determine your business’s value, create a comprehensive marketing plan to attract qualified buyers, and negotiate on your behalf to maximize the price and terms of your transaction.
What do we do
■ Initial Consultation
During the initial consultation, we will:
• Determine your goals, objectives and reasons for selling
• Explain our services/capabilities and the details of our representation
• Gather information to provide you with a formal proposal, engagement letter or listing agreement
■ Business Valuation and Operational Analysis
We start by analyzing and recasting your financial statements and then use our years of experience and valuation training to provide you with a highly credible Broker Opinion of Value (BOV) and Most Probable Selling Price (MPSP). Next, we perform a detailed operational analysis that will provide buyers with an accurate description of the benefits and advantages of your business.
■ Comprehensive Marketing Plans
Your business will receive maximum exposure to a targeted audience across media platforms:
• Online: We will actively promote your business on multiple high-profile internet websites
• Print: Includes high-impact blind advertisements in newspapers, magazines and trade journals
• Direct mail: Large scale, targeted direct mail programs used to reach a qualified pool of buyers
• Buyer Database Marketing: Buyer database searches are performed on in-house and industry databases
• Cooperative Brokering: Access to a large network of brokers and intermediaries via the International Business Brokerage Association (IBBA) and the New York Association Business Brokers (NYABB)
■ Customized Marketing Materials
We develop a general business summary that is custom designed to generate interest in your business through our online, print, direct mail, and database marketing programs. In addition, we produce a Confidential Business Review (CBR) that provides screened and qualified buyers with the financial and operational details of your business. The CBR is a source document for your business and is relied upon by purchasers and their advisors to substantiate and support the rational for acquiring your business.
■ Buyer Screening and Qualification
We require all prospective buyers to sign our Confidentiality/Non-Disclosure Agreement. This agreement prohibits them from contacting anyone associated with your business and from releasing information about your company to anyone other than their professional advisors, who are also bound by the agreement. Buyers are also required to fill out our Business and Financial Profile. This profile provides information on the buyer’s employment history, financial status and the type of business they are seeking.
■ Facilitation and Close Of Sale
We will work on your behalf with buyers and their advisors to clarify their understanding of your business’s financial and operational issues. We will oversee the due diligence process and provide on-going negotiation services to arrive at desired pricing and terms of sale. To keep the transaction on track, we will document the satisfaction of all contingencies. We will ensure that you have a smooth closing by coordinating closing responsibilities with all parties involved including buyers, sellers, attorneys, accountants, lenders, financial planners and landlords.
Strategic Merger & Acquisitions Advisors has the distinction of being one of the few companies in the state of New York that is actively managed by owners that are Certified Business Intermediaries and Certified Valuation Analysts who have a proven track record of success and combine technical expertise with real world experience doing business transactions. SMAA is also very active and well known in the business brokerage Industry with principal Tony Calvacca, currently acting as President for the New York Association of Business Brokers and Anthony Citrolo who is often quoted, as an expert source in a number of financial publications, websites and newspapers including the Wall Street Journal, Smart Money, Long Island Business News, The Business Brokerage Press, Newsday and Businessesforsale.com and the National Association of Certified Public Accounts. Both principals are also active in their local communities regularly speaking on business acquisition and sales issues at Chambers of Commerce, Rotary Clubs and local business Trade associations.
SMAA operate primarily in the down state NY area and serve all industries and business types.
Contact Kyle Griffith today to discuss the potential sale of your company.
1 (631) 339-0249 to schedule a courtesy, no obligation consultation.
Please be assured that all communications will be held in strict confidence.