| Discount Broker Service Plan |
Full Broker Service Plan |
| 1. Non-exclusive listing. Seller is free to work with buyers they introduce or other brokers and agents. |
1. Exclusive listing - commission due Broker no matter who introduces buyer to business. |
| 2. Limited market analysis based on information provided by client to determine range of suggested values. |
2. Full market analysis based on information provided by client. |
| 3. Information package and advice on preparing your business for sale and items needed for a successful sale. |
3. Assistance on preparing your business for sale and items needed for a successful sale. |
| 4. Advertising copy review and suggestions. |
4. Preparation of advertising copy. |
| 5. Confidential Business Memorandum template for marketing your business. |
5. Preparation of Confidential Business Memorandum. |
| 6. Internet advertising w/ monthly stats. |
6. Internet Advertising with monthly stats. |
| 7. Business “Virtual Tour” on password-protected Broker website from digital pictures supplied by Seller. |
7. Prepare (on-site visit, take digital pictures) Business “Virtual Tour” on password-protected Broker website. |
| 8. Internal buyer database exposure. |
8. Internal buyer database exposure. |
9. Buyer Screening
| a. Maintain confidentiality. (Buyers are not contacting your store directly.)
b. Buyers must execute confidentiality agreement before being introduced to the business.
c. Qualify buyers - buyers will provide financial statement.
d. Screened buyers will be given to seller for contact and showing. |
|
9. Buyer Screening and Showings
| a. Maintain confidentiality. (Our office handles all buyer contact.)
b. Buyers must execute confidentiality agreement before being introduced to the business.
c. Qualify buyers - buyers will provide financial statement.
d. Broker will attend showings with potential buyers. |
|
| 10. Professional advice via telephone or email from Brokers. |
10. Negotiations. Broker will handle all negotiations with buyer. |
11. Referrals to other professional services as needed:
| a. Business appraisers.
b. Bankers.
c. Lawyers.
d. Accountants. |
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11. Financing. Broker will work with buyer to obtain outside (SBA) financing when needed. |
12. Other service may be purchased if needed:
| a. Showings.
b. Negotiations.
c. Closing/Escrow set-up and follow-through.
d. SBA loan packaging. |
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12. Closing. Broker will arrange closing and escrow; provide general sales and purchase forms, and work with buyer through due diligence and other contingencies. |
| 13. Post-closing telephone consultation and other services by request. |
13. Post-closing. Broker will work with buyer and seller to insure a successful post-closing business transfer. |
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