Most business owners don’t have a good understanding of what their company is worth. By not knowing, owners often prince the business too high or accept offers that are far less than what the company is worth. An unrealistically high price discourages acquirers and can create a perception that you’re not serious about selling.

For most owners, a business represents years of work and your most valuable asset. When the time comes to sell, the primary goal is to realize the maximum selling price. You will generally have one opportunity to do it, so let’s do it right together.

We are licensed to buy and sell in Minnesota and Wisconsin. One of the key objectives in the selling process is to attract the highest number of qualified buyers. These may be companies in or out of your industry, foreign buyers, strategic buyers, or private investors. Having several interested acquirers helps to maximize the selling price. After many years, we have cultivated a network of connections to qualified buyers.

Private sales can take six months to a year, or longer. There is no guarantee that the transaction will ever be consummated. Less than 30% of all businesses for sale sell. Therefore, it’s important that you continue to manage your business effectively throughout the sales process. While the operations should not be sacrificed, neither should the sales process. The confidentiality of the seller and your business is very important to us; we identify and screen all potential buyers.

We don’t want to waste your time or ours. We qualify and screen all potential buyers so that we’re only dealing with people who have the available funds and are serious about your business.

There are many documents that need to be prepared, reviewed, signed, and filed throughout the sales process, including the Confidentiality Agreement, Letter of Intent, Purchase Agreement, and regulatory documents. HSC Business Brokers ensures that all documents are written and executed correctly.

We are members of Minnesota restaurant, lodging and resort associations. We are members of several industry trade associations, and advertise in hospitality trade publications. We’ve learned how to maximize your exposure to thousands of buyers while maintaining confidentiality.