Spank! Hair Studio

Want more playtime for yourself?

Want more playtime for yourself?
Selling Your Business

STEPS TO A SUCCESSFUL BUSINESS SALE

We can represent your kennel, daycare, training facility or grooming salon anywhere in the US, with or without Real Estate involved. As a Seller’s Representative, we will provide you with industry expertise, and local representation, no matter where your business is located. We market nationwide and have Buyers from across the country looking. Give Teija a call or send an email and she’ll explain our process in detail.

Selling a business can be a confusing and overwhelming task. That is why over 90% of ‘For Sale By Owner’ deals never go through. As a licensed Business Broker, Teija can take you through the process painlessly and let you focus on running your business while she sells it.

The process of selling your business includes:

COLLECT INFORMATION

We gather general information, as well as financial, on all aspects of your business. We learn about the services you provide, your facility, staff, occupancy rates, history, etc. Proper preparation is crucial for the best presentation of your business and is also the first step in establishing the confidence of a Buyer.

FINANCIAL PRESENTATION

We will ‘recast’ your financial statement to accurately recognize your company’s true worth. Determining the fair market value of your business is an involved procedure, which considers many variables. Proper consideration must be given to your company’s strengths, assets, historical financial performance and projections, along with the many intangibles inherent in your business. Price comparisons are made with like companies that have sold within the pet industry. By determining the highest price a fully informed Buyer is willing to pay for your business, you will avoid the risk of losing a sale by overpricing your company, or “leaving money on the table” by undervaluing your business.

PREPARE A PRESENTATION PACKET

We will prepare a full presentation packet to highlight your facility in it’s most favorable light, while providing the potential Buyer with a concrete document to follow and review. This packet will include details of the operation, information on staffing, property and/or leasehold specifics, expansion possibilities, etc. We will also prepare a digital movie clip with music to present a slideshow of your facility to give a potential Buyer a ‘feel’ for the place.

MARKETING

We will heavily market your business while maintaining confidentiality and guard you against competitors, employees and customers from finding out about the pending sale. This marketing includes extensive Internet advertising in pet industry and ‘businesses for sale’ sites. Due to the on-going marketing we do, we might already have a potential buyer in our database who is looking for a kennel in your area.

QUALIFICATION

A highly important part of the sale process is qualifying potential buyers as to their interest level, management skills and their ability to meet financial requirements for the transaction. Teija will pre-qualify all potential buyers while maintaining confidentiality. All potential buyers sign a Non Disclosure Agreement and a Buyer’s Profile prior to receiving detailed information about your business.

MANAGING THE SALE

Teija will manage the negotiations, due diligence, and all processes that lead to a successful closing. After that we all celebrate!

The benefits of using Teija:

  • Pet Industry Expert (20 yrs experience)
  • Licensed Business Broker
  • Complete Confidentiality
  • Heavy Exposure to Potential Buyers
  • Highly Professional
  • Ethical Representation
  • Less Hassle, More Results