Is everything in order regarding your Westchester County existing business for sale? Have you covered all of the details so that you can get as much as you possibly can for your existing business for sale in Westchester County NY? If you haven’t, you should seriously consider getting in touch with Brentwood Growth Corporation. We know how to sell a business – we’ve bought and sold our own businesses – and we’re ready to put that knowledge to work for you. We’ll handle the details so you can continue to focus on the everyday operations of your company.
How Do You Determine How Much Your Westchester County Existing Business for Sale is Worth?
The first step in the process is deciding what to ask for your Westchester County existing business for sale. There are a few ways we can help you determine the value of your existing business for sale in Westchester County NY.
- In order to be transparent with buyers, you’ll need to get together all the required documentation regarding your Westchester County existing business for sale. This means gathering records such as income statements, your balance sheet and more. A professional with Brentwood Growth can help you gather this information so that buyers have as clear an idea as possible of the value of your company.
- You’ll next need to estimate how much the tangible assets associated with your existing business for sale in Westchester County NY are worth. These assets include not only inventory, but also equipment, furnishings, fixtures and more. Buyers will want to see that list before deciding on whether or not to make an offer.
- You’ll also want to work with your accountant to put together what’s commonly referred to as an SDE, or a statement of seller’s discretionary earnings. This is also known as a cash flow statement. This will give buyers a good picture of how much your existing business for sale in Westchester County NY can be expected to earn in the near future.
This information just scratches the surface of what goes into determining the value of a Westchester County existing business for sale. Learn more by contacting Brentwood Growth online or by calling 908-377-7807.