Charlotte’s Top Business Brokers / Brokerage Services
Specializing in selling businesses valued in the $1mm to $20mm+ range
Are you considering the idea of selling your business? If so, you’re not alone! On average, businesses in the U.S. change hands every 7-10 years.
Since our founding in 1996, Viking Mergers & Acquisitions has sold over 500 businesses – and the majority of those by volume were in the $1,000,000 to $20,000,000 sales price range. Most businesses that are valued in this range are run by the original founder, who may be looking to sell for a variety of different reasons. Whatever the reason, successfully selling your business for fair market value can bring to you a tremendous relief of stress, a chance to rest and renew, and certainly a financial improvement in helping to “take some chips off the table” and turn the theoretical book value of your business into actual cash.
Relationships With 2,500 Qualified Buyers
Most businesses that sell in the $1mm to $15mm range are bought by either financial buyers or individuals who plan to own and operate the business themselves. At Viking, we have built relationships with over 2,500 prospective individual buyers who are actively seeking the right business opportunity. One of the many benefits of working with us as your business broker is that you will immediately have access to this large and highly-qualified buyer pool that we have spent the last 18 years building. It is common that when we list a new business we draw attention from this existing buyer pool, even before beginning our advertising programs to reach buyers outside of our network.
Selling Your Business: How It Works
At Viking, we don’t just list your business and generate offers. Our team believes in a full-service approach. This starts with your initial consultation and free business valuation, where we’ll create an estimate of your business’ value. We then list and market your business to generate interest, and carefully screen the prospective buyers who contact us. All of this is done confidentiality, without mentioning the name of your business or other sensitive details. Qualified prospective buyers then sign and NDA agreement and allowed access to additional information, with your approval. Should the buyer request a meeting with you, we’ll assist you before and during the meeting. Once an offer letter is received, our intermediary will explain the various terms of the offer to you, and counsel you about accepting, rejecting, or issuing a counter-offer. Once an accepted offer is in place, we’ll then assist you during the due diligence phase, and recommend any outside professional assistance that you may need such as accountants or lawyers. Finally, when due diligence is completed it is then time for closing, at which point all of the final papers are signed and the funds are transferred. At this point you’ve now successfully sold your business.
Sound too good to be true? It’s not! Based in Charlotte, NC, Viking is the Southeast’s most successful small business broker. We’ve sold more than 500 businesses to date, and have nearly an 80% success rate in selling businesses that we list. Join the others and get started on the path to selling your business by contacting us for a free consultation and business valuation.