Services
Selling a business
We understand that selling your business is a major decision in your life and Carmel Business Sales can assist you in the process. Carmel Business Sales aligns buyers and sellers.
Where to Start
Where to Start
- What is the value of my business?
- When is the best time to sell?
- Should I consider selling or are there other alternatives?
- How do I find buyers?
- Will my confidentiality be kept?
How much is my business worth?
How much is my business worth?
The value of your business depends on many factors, such as: cash flow, stability of earnings, value of tangible assets, location and lease.
Carmel Business Sales will provide you a free consultation in advising you on the proper pricing of your business.
Confidentiality
Confidentiality
Our number one priority is always your confidentiality. Through ongoing communication and regulated processes we maintain your confidentiality.
We prepare a detailed business presentation maximizing the value of your business.
Following in-depth preparation, when your business is ready to be marketed we carefully screen and qualify prospective buyers and have them conform to strict confidentiality processes.
When there is a fit that meets your approval we arrange a confidential meeting and assist in working through the negotiations.
When the contracts have been signed we work with you and all your professional advisors.
Sell or Expand?
Do I sell my business or do I expand?
This decision is often difficult because of the profound personal and financial impact.
Carmel Business Sales can assist you in addressing the multitude of questions that will influence that decision.
How do I expand my current business or add another location?
We have successfully served many local business owners in the pursuit of expansion or addition of location over the years, providing:
- Consulting and guidance in preparing a detailed business plan
- Finding and negotiating lease for space
- Facilitating and coordinating funding with lending institutions
My Business is stalled - What do I do?
My Business is stalled - What do I do?
You are not alone! Having recognized that many businesses face this same dilemma, we have recently expanded our consulting services.
Carmel Business Sales is proud to have on staff widely acclaimed business and turn-around strategists, who will quickly and comprehensively identify your challenges and guide you to greater success.
Buying a Business
At Carmel Business Sales we strongly recommended that you deeply analyze your reasoning for the pursuit of purchasing a business.
To ensure a sound fiscal investment and rewarding experience, your decision should not solely be based on a passion, but also on your experience and financial capabilities.
Where to Start
Where to Start
- How do I find the right business for me?
- What are the steps to the buying process?
- How do I value the business opportunity?
- How much money do I need?
- Do you assist me in working with lenders?
- Do I need Industry experience?
Considering buying a business?
Are you considering buying a business?
Carmel Business Sales professional advisors can assist you in finding the right business. We manage the entire buying process to ensure a successful transaction.
To assist you in finding the best business opportunity, we want to know your background, work experience, hobbies, current and former business holdings and your geographic preferences. We will then provide you with business opportunities that fit your needs.
Our experienced professionals will help you sort through the complex information involved in the business buying process. We are committed to successful win- win transactions.
Steps to Buying a Business through CBS
Are you considering buying a business?
1. Upon your initial inquiry regarding a business, Carmel Business Sales will email or fax you a Confidentiality and Non Disclosure Agreement, to be completed and returned.
2. A Carmel Business Sales agent will then contact you via phone or email to present you an overview of business opportunities and related basic financial performance.
3. Once interested in the business, an appointment is scheduled at our office. We maintain comprehensive files on each listing, which include copies of leases, financial statements, tax returns, asset list, and a wide variety of other data pertinent to that business or restaurant.
4. A personal visit and inspection of the selected business is then scheduled. The availability of the seller to meet with you in answering detailed questions is set aside if you so choose.
5. Once satisfied, your offer is written on a California Association Real Estate Business Purchase Agreement document (9 pages). It includes contingencies for your protection which may include:
- Financial due diligence and verification*
- Transferring of existing lease or negotiating a new lease
- Financing or loan, if required
- Inspection of fixtures and equipment
- Transfer of alcohol license if applicable
*It is strongly recommended by Carmel Business Sales that you retain a professional CPA and/or attorney to protect your interests during due diligence.
6. You will be required to submit the following upon making an offer:
- Earnest money – usually $10,000 to $25,000, based on price of business
- A personal financial statement and business resume for the seller to review
7. Carmel Business Sales presents the offer to the seller who then accepts, rejects, or counter offers.
8. Once the transaction is ratified the due diligence period begins.
9. Upon landlord approval and when the due diligence period satisfied, all contingencies are then removed. The escrow attorney then begins the bulk sale process, fictitious business name filing and tax clearances.
10. The balance of funds is deposited into escrow. Closing documents are reviewed by buyer and seller.Final documents are signed, final monies are dispersed, and the buyer is given the keys!
Confidential Buyer Profile
NDA - Confidentiality Agreement
Consulting Services
Challenging Times
Challenging Times
Today, business owners are facing some of the most unique and profound challenges they have ever experienced.
- Weak Sales and Shrinking Margins
- Cash Flow Shortfalls
- Poor Staff Performance
- Ineffective Advertising and Marketing
- Crushing Lease Expenses
- Diminished Profitability
- Difficulty in Getting Financing
- Outdated Business Model
We are Your Ally
We are Your Ally
Peninsula Consulting Group is a local resource for business owners. As part of the Monterey Bay Business Brokers (along with Carmel Business Sales and Santa Cruz Business Brokers) we’ve been helping businesses like yours for over three decades.
Not Your Typical Consultants
Not Your Typical Consultants
Peninsula Consulting Group is a local resource for business owners. As part of the Monterey Bay Business Brokers (along with Carmel Business Sales and Santa Cruz Business Brokers) we’ve been helping businesses like yours for over three decades.
Finding Answers to Critical Questions
Finding Answers to Critical Questions
Are you asking yourself questions like these?
- My business is stalled – what do I do?
- Should I sell my business – how much is it worth?
- How do I grow my business or add another location?
- Is it a good time to buy a business or expand?
- What are my options?
- How can I move from mere surviving to prospering?
If so, now might be the time to consider a partner in looking for new answers.
What We Can Do For You
What We Can Do For You
- Analyze your business financials for strengths and weaknesses
- Identify core business issues and create solutions
- Review your business model and update it to market
- Determine business valuation
- Develop strategies to improve sales and profitability
- Enhance employee training and productivity
- Build a viable cash flow model
- Facilitate a bank line of credit or SBA loan financing
- Facilitate obtaining or transferring licenses and permits
- Renegotiate your lease
- Other specialized transaction services for business buyers and sellers
- Identify and address your unique issues
With hundreds of business sales transactions and businesses assisted in the past four decades, we are the oldest, largest and most respected business brokerage and consulting group on the Central Coast.Peninsula Consulting Group takes pride in creating positive outcomes. Please contact us today to take the next step.