Adding Value for Both Sides

Even for experienced entrepreneurs, every business has its own unique characteristics. For two partners who own and operate several businesses together, the purchase of a well-known communications materials manufacturer involved several new and challenging aspects.

"We didn't have time to feel our way through a bunch of different structures and financing options that we hadn't been through before."

"We saw the business as a good fit in a number of ways and we wanted to do the deal. The owner liked our business approach and saw us as the right buyers, but he also needed to conclude the deal quickly. We didn't have time to feel our way through a bunch of different structures and financing options that we hadn't been through before," says one of the buyers.

"Travis gave us accurate, clean financial information and the business valuation he prepared showed what the business was worth in the real market. We were confident we were getting real value for our money."

Even though he was representing the seller, Bridgepoint Business Brokers founder Travis Kellett impressed both the buyers. "Travis gave us accurate, clean financial information and the business valuation he prepared showed what the business was worth in the real market," says one of the partners. "We were confident we were getting real value for our money."

"You could see right away that Travis knew what the bank needed to make a decision. He anticipated their questions and had the answers in place going in, which was a huge advantage."

The result was a sale that was concluded quickly and smoothly without anyone feeling rushed or hurried. "Time is always a factor in a business purchase and no one wants to feel forced into signing off when there's so much at stake," Kellett says. "I think my commercial banking background helps a lot, but it also helps that this is all I do. Experience has shown me ways to get more accomplished in less time when buying and selling businesses."

From the buyers' perspective, "... valuation and financing on other deals have been much more difficult and time consuming, even on deals that were smaller and more straightforward than this one. Travis made the process quick and painless, which it hasn't always been in the past."

"Travis made the process quick and painless, which it hasn't always been in the past."

Find out more about the ways Bridegpoint Business Brokers can add value to your business sale or purchase. Call Travis at 306-979-8750 or click to email Travis.