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SPECIALISTS IN BUSINESS
SALES AND RELOCATION

SELL  MY  BUSINESS

BUSINESS  FOR  SALE

Corporate

It is never too early to start planning for the sale of a business. Most businesses are sold when the owner wants to retire, but this is not always the optimum time to sell, as its value may have peaked several years before.

Sovereign Corporate provides a consultancy programme to assist owners to prepare their businesses for sale. We recommend that this programme should ideally be commenced three years before any anticipated sale.

What the Sovereign Corporate ‘Exit Programme’ covers:

  • A successful and proven track record
  • Review and develop an action plan
  • Identification of non-core activities
  • Review post-sale management structure
  • Review ownership of property assets
  • Profit maximisation
  • Timetable

We have a proven sales process, which commences with preparing a comprehensive Information Memorandum, so as to engage with appropriately targeted purchasers. This is followed by a focused advertising campaign, including notifying all our registered corporate buyers. We then organise and attend meetings, with potential purchasers and finally negotiate the Heads of Terms.

Sovereign Corporate recommends that all business owners should obtain an independent valuation from a specialist Chartered Accountancy practice, before commencing the sales process. Too many business sales fail because the difference between buyer’s and seller’s valuations is too great and cannot be closed. Therefore, we recommend that an independent firm of accountants, not associated in any way with the business, should conduct a valuation using the same data as supplied to the potential purchasers.

Testimonial – Retail Store, Greater Manchester

“We began looking for a business transfer agent who could professionally handle the sale of our business. The appraisal and fees seemed reasonable (less than we were quoted from a few similar companies) and everyone at your organisation were very friendly and knowledgeable. We were delighted with Matthew’s professionalism, courtesy and the end result”

Mrs J Berry

Testimonial – Purchaser of Newsagents, South Yorkshire

“My sincere thanks to everyone for all your exceptionally professional and helpful advice when purchasing my business through Sovereign”

Mrs R Czudek