The hospitality and restaurant industry is buzzing with buyer interest, making it a prime time to sell.
Most people will only sell a business once in their lifetime. Business Brokers and M&A Advisors do it every day! That experience is invaluable for avoiding common mistakes and maximizing net proceeds in a sale.
Most business owners don’t realize they are leaving money on the table. For example, what level of inventory is fair to include in the price and what happens if it increases significantly between when the offer is signed and the deal closes? Will the buyer assume current liabilities as part of the price? How will the purchase price be allocated and what are the tax consequences to each party? These items will have a major impact on a seller’s NET proceeds.
Let us guide you through the selling process with expertise and a vast network of eager buyers.
Get a No-Cost, Confidential Business Value Range Assessment Today
Fill out the form below and a Sunbelt Business Advisor will get in touch with you.
All your information is kept 100% confidential.
CONTACT A SUNBELT BUSINESS ADVISOR INDUSTRY EXPERT
Mike Slater Licensed Business Broker
Mike has over 25 years of experience in Business Ownership, Business Management and Business Consulting.
LOOKING FOR AN EXIT STRATEGY THAT MAXIMIZES VALUE?
As Minnesota’s largest seller of companies, our team assists hundreds of business owners each week with various parts of the exit process.
We’ve created a video series called 24 Rules to a Successful Business Exit, showcasing the rules which must be followed to maximize your odds of a successful exit.
I was looking to sell my business and interviewed three candidates to manage my sale. After considering all three, I was most comfortable with Mike Slater at Sunbelt. Mike was very helpful in and understood the complexities of selling a healthcare business.Her worked with both myself, and the buyer to educate us of the process and what we should expect as the transaction progressed. Both the buyer, and I were very impressed with the communication throughout the transaction.Mike assisted the buyer in obtaining necessary fund needed to facilitate our deal. All around, I would rate Mike Slater and Sunbelt a solid #10!James MileyFormer PresidentSymphony Senior Services, Inc
Sunbelt and Brad Peterson did an incredible job in helping me with the purchase of a new company to expand my existing one. There are so many details in many departments and Sunbelt was fully equipped to handle everything in a seamless process. Brad is an awesome communicator and an excellent professional Broker. I look forward to woking with Brad Peterson and Sunbelt with all of my future endeavors. Thank you for everything you did to get this deal done! I would highly recommend Sunbelt Business Advisors and Brad Peterson.
Randy Krivo is the consummate professional. His dedication and attention to detail are second to none. He is very organized and has a calm yet motivating demeanor. He worked closely with us through the entire transaction and was always available including evenings and weekends. From the evaluation process to the closing of the sale we knew Randy’s expertise in the optometric industry made him the right person for the job. His ability to collect, analyze and present our financial data was instrumental in creating value and interest in potential buyers and bankers. We actually had 3 interested parties within a month of listing our business which resulted in a full price offer. Highly recommended!
Selling a business can be a daunting task. Keith did a wonderful job establishing an asking price for the business, qualifying potential buyers, setting ground rules for professional communication and ensuring the deal made it to the finish line. We appreciate Sunbelt's professionalism and willingness to keep goodwill even when we backed out of a couple deals that weren't quite right.
Recently worked with Peggy Demuse to sell the company I had held for 30 years. At first I was simply impressed. Then a glitch came along at closing, as they often do. The way in which Sunbelt took care of me is simply not heard of now days. I found myself going from impressed to OVER THE MOON AMAZED. If you are the President of a company, spinning in your chair, wondering "what's next", call her. Thank you team Sunbelt
Sunbelt and Lisa Meyer did a great job helping me buy my new business. Lisa's expertise in guiding me through the process was instrumental in a smooth transition. Their finance department made the process simple of getting a loan. If you are looking to buy or sell a business in the future, I would strongly recommend Lisa and Sunbelt.
Have been working with Sunbelt and Mike Wheelock for last 9 years. Mike has helped us in all aspects of multiple business transaction (both as Buyer and Seller). From lenders to accountants to giving advice on new small business operational issues and advise, he is a WEALTH of knowledge. Always responsive and knows how to bring these transactions to a finish line... I highly recommend Mike to all future buyers and sellers...
Trustworthy, dependable, reliable, determined, knowledgeable, confident and effective. The successful decision to sell my unique family business was only possible with help from the most incredible team I could have ever asked to know. Matt Schroder and Jeff Mills changed my life. Finding an ethical broker team to guide me through unknown waters was an experience I will never forget. Worry-free retirement here I come. My deepest thanks for always going above and beyond, because that's just how you two do.
Sunbelt is by far one of the best in the industry! Their brokers are on point and they get the deal done. I was looking for a new business and closed the deal within 4 months. I recommend talking to Brad Peterson if you are looking to buy or sell a business!
Keith Payne did a phenomenal job in managing our acquisition deal. He kept us updated and handled the details and changes we encountered in a timely and professional manner. I would highly recommend Keith and his office!
My wife and I read about Sunbelt Business Advisors in the May issue of Insurance Minnesota and decided to give Keith Payne a call. After meeting Keith and deciding the time was right, we listed our agency for sale with Sunbelt. We have been happy with that decision.Sunbelt and Keith assisted us every step of the way from valuing our agency, advertising the prospective sale, helping us interview interested prospects and working through all details of the final sale. At the end of the day, we felt that Sunbelt offered us the expertise we needed in order to market and sell our agency to the right buyer at the right price. Our experience was very positive and we are comfortable giving Sunbelt, and Keith, our highest recommendation.
‹
›
Call Sunbelt Business Advisors Today at 612-455-0880
Everything we discuss is 100% confidential with no cost or obligation.
