The mileposts for a Seller are as follows:
1) North American Business Brokers, LLC. (NABB) reviews and discusses with you your financial statements and market comparables at no cost or obligation.
2) Both parties sign a Listing Agreement A minimum non-refundable fee is required but it is applied towards the commission at closing. In addition our seller's benefit from a discounted commission fee structure.
3) NABB developes a confidential Business Summary report
4) NABB markets your business confidentially using one or more of the following approaches:
a. Contacting active North American Business Brokers buyers.
b. Meeting with other select local business brokers to co-broker.
c. Contacting other key business brokers outside of Minnesota.
d. Listing sale on several top rated web-sites.
e. Contacting potential strategic buyers directly.
5) NABB screens potential buyers.
6) NABB sets up and leads Buyer-Seller meetings.
7) NABB solicits letters of intent.
8) NABB coordinates Due Diligence process with the buyers and accountants.
9) NABB coordinates the preparation of the Closing documents with attorney(s).
10) NABB works with your accountant to minimizing your tax liability at closing.
11) NABB coordinates and leads the Closing.