Expert Realtors in Chelmsford

Of course you can. You may have customers, suppliers, contacts that have expressed an interest in buying your business previously and these might be a good starting point however we would always recommend using an agent to market the business, find the right buyer and stay in control of the buying process.

Absolutely. We often work with business owners that initially do not want their staff or customers to know that the business is for sale as it could affect their trade levels. Over a long period of time, poor trade levels can impact on the value of the business. When the business is confidentially for sale we ask all applicants to sign Non Disclosure Agreements before we release detailed information.

There are many different factors involved in how we value a business depending on whether it is freehold or leasehold, the sector it is in, location, accounting records, length of trading history, property value etc, etc. Valuing a business is not as straight forward exercise and usually we would come away from the valuation meeting and conduct further research before coming back to you with our written valuation report.

We prefer to provide you with contact details of solicitors we have worked with before on behalf of other clients rather than to provide specific recommendations. It is important to have a good solicitor acting for you that is experienced with business sales and purchases rather than just a normal conveyancing solicitor.

No. In this circumstance, you would be selling the actual business entity and not the building. You will normally be assigning the lease that you have to occupy the premises and that assignment will need the approval of your landlord. It may be possible for the landlord to offer the buyer a new lease as part of the deal and this is a point that can be considered when necessary..