Why should I use a Business Brokerage to sell my business?
Baltimore Washington Business Brokerage has a staff of experienced professional brokers who can help you maximize the selling price of your business. A professional business broker knows how to accurately figure out what your particular business is worth when it comes time to sell. If you do not have the knowledge and experience that comes from years of selling businesses, you may over or under price your business, leading to lost money or lost time when trying to sell.
Aren’t Real Estate Agents able to sell my business?
While many Real Estate Agents will list your business for sale, if they do not specialize in selling businesses (in which case they would most likely be a Business Broker and NOT a Real Estate Agent) they will be unable to provide the guidance and tools required to successfully sell a business and its assets. Here at BW Brokerage, we are able to sell your business and any associated real estate as required by the transaction. We DO NOT handle real estate only deals, so our focus stays on selling your business.
Why should I use a business broker to purchase a business?
Here at BW Brokerage we can help match your financial means and business goals with the right business for you, in the right location. We maintain a listing database and contacts with other Business Brokerages that enable us to find the type of business that you are looking for, at the price you can afford, in the area that you want.
What makes Baltimore Washington Business Brokerage different from other business brokerages?
We are a local, detail oriented, customer driven business. All of our brokers have experience with both the local Baltimore-Washington-Annapolis corridor and the best ways to sell your business or find the one you want. We specialize in listening to your needs first, before we will even show you a business. Our first step in the buying or selling process is a detailed interview to determine if our services are right for you. We want to make sure that you are fully informed and have realistic expectations for the buying/selling process, and how we can assist you with it.
Why do you require an appointment before visiting one of our offices?
Because the vast majority of the time our Brokers are out on the road meeting clients and conducting face to face interviews with prospective business sellers and purchasers. If you want to come by for a visit, please call first and we will make sure one of our Brokers is available to meet with you. We like to make sure that one of our Brokers is available because we want to have someone available to answer all of your questions about BW Brokerage and the businesses we have for sale.
How long does it take to sell a business?
The average time it takes to sell a business is usually between 4 and 9 months. It can take substantially longer, or happen almost immediately (though this is less common) depending on outside circumstances. A number of factors will influence the time it takes to sell a business, from the type of business, the time of year, the price, federal, state, and local laws, financing and many others. For these reasons, we advise sellers to be patient and not be surprised if your business does not sell quickly, very few do.