The District of Columbia is a promising market for businesses. While the region is associated with the government, its economic environment is suitable for industries like services, transportation, technology and more. Profitable companies can find success in the District of Columbia and nearby cities like Silver Spring in Maryland and Tysons and Rosslyn in Virginia.
If you want to sell your business in Washington, D.C., partner with Synergy Business Brokers. We started selling companies in 2002 and now have over 40,000 potential buyers seeking businesses with annual revenue between $600,000 and $20 million.
It is beneficial to sell your DC company when it sees success because that is when it is most profitable to sell a business. Due to the increased revenue and the likely potential for your business to continue growing, buyers will be interested in buying your company.
When you are trying to sell your company, you need to organize your financial information for potential buyers. You will also need a business valuation. A professional business broker will provide an accurate business valuation if you have all the financial information prepared. Contact Synergy Business Brokers to sell your DC business.
During our confidential consultation, we’ll learn more about your company and how to best position it for an acquisition. We’ll discuss your goals and what is important to you. We must establish a collaborative relationship. You are an expert at your business, and we’re experts at the Mergers and acquisitions process. Next, we’ll review your financial information and provide you with a potential price for your business. If that is within the ballpark of your expectations, we’ll start the marketing process.
We’ll develop a marketing document that provides information to get potential buyers interested. However, we won’t provide the name and location until a potential acquirer signs a Non-Disclosure Agreement and provides more information about their qualifications. For a sample of some of the overviews, you can visit Businesses for sale. Once the buyer signs the NDA, we’ll provide them with more specific details on your business. We generally have to speak with many potential buyers before we get one that is qualified and interested enough to introduce to you.
Our goal is always to get you multiple offers. This provides the best leverage to obtain an excellent price for your business. We combine the best practices of an M&A firm and a Business Brokerage. We have experienced M&A professionals, and our fee structure aligns our goals with yours.
Confidentiality is essential to our clients. You don’t want your customers, competitors, and employees to know that you are selling your company. This is where an experienced M&A advisor can help. It’s essential to have an experienced third party that keeps you insulated from working with qualified potential buyers that have signed a confidentiality agreement. We only introduce the buyers who are qualified and interested. The sales process can take 6 to 12 months, but we have sold businesses in a few months if everything moves quickly.
Sell your business with Synergy Business Brokers. We have potential buyers in Washington, D.C. and all 50 states. Email info@synergybb.com or complete our online form for a confidential conversation with our team today. Our brokers will determine a potential timeline for selling your company and answer any questions you have about selling specific types of businesses.