Business Selling Process

v  Initial Interest – Contact and in-person confidential meeting with SouthStar representative.  Identify needs, goals & objectives of the business owner.

v  Review And Tour Of Business – A key element in our representation of your business.

v  Opinion Of Value & Listing Agreement – We work with you to provide an opinion on the value of your business, and complete a listing agreement allowing us to assist in the sale.

v  Financial, Legal And Other Data Collection – We work with you to gather all of the appropriate information for use with qualified prospects.

v  Marketing Package – A presentation of your business for potential buyers.

v  Confidential Business Marketing – Several methods are used to confidentially market your business, including business for sale web listings, newspaper, exposure to our affiliates around the country, as well as others as appropriate.

v  Pre-Screened Buyer / Seller Confidential Meeting(s) – We secure a confidential non-disclosure agreement and prescreen all potential buyers of your business.  After they have been qualified as a legitimate prospect arrangements are made for buyer and seller to meet.

v  Initial Due Diligence – During this period buyers typically will review financials, leases, etc., as well as consider their findings from the meeting with the seller.

v  Offer To Purchase & Negotiation – Your SouthStar representative assists the buyer in preparing an Offer to Purchase which is presented to you promptly.  We represent you the seller as your fiduciary in negotiations.

v  Contracts Finalized And Financial Consideration – This is when the change in ownership occurs.

v  Transition To New Owner – Typically negotiated during contract period with buyer.  Time varies, however the goal is to train and transition personal goodwill to new owner.