"Working with Julie White and BlueKey Business Brokerage to sell my market
research company was far easier than I ever imagined. In fact, I was afraid
I would be in for a long sales period and a barrage of tasks and inquiries.
Julie is so incredibly organized that I was able to bring the paperwork she
needed together rather quickly based on her document process. In addition, I was
very pleasantly surprised that within a few weeks she brought me multiple
offers. The sale of my company happened quickly and efficiently.
Throughout the process, Julie was supportive, knowledgeable, and dedicated
to securing a good outcome for both me and the buyer."
-S. Fox, Former CEO
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GETTING YOUR DEAL DONE
So you've made the difficult decision to sell your business (or at least to understand how it works).
The Process:
We begin by providing a confidential review of your financial statements in combination with a thorough walk-through
of your business.
Following data analysis, we are able to determine an opinion of value, current market price range or facilitate a
third party valuation.
Following the signing of the listing agreement, a complete marketing package is created for the business including
pictures, financial highlights and any other special feature or items of interest for a prospective buyer.
Next, a custom marketing plan is created. Once approved by the seller, the strategy is implemented, reaching active
buyers in the Bay Area, California and nationwide.
All buyers are required to submit financial and professional qualifications and to sign a confidentiality agreement
before any information is provided.
Each week, the owner will receive a status report indicating the number of buyer calls and interviews conducted.
Once an offer is prepared and an appropriate deposit has been received, the offer will be presented to the seller.
The seller will have a stated amount of time to accept or counter the buyer's offer.
Once the offer is signed by both the buyer and the seller, additional finds will be secured and escrow will be
opened if applicable.
Next is the due diligence period in which the buyer will have the opportunity to thoroughly examine all items
pertinent to the transaction. The seller will also have the opportunity to request information of the buyer.
Simultaneously, financing and required licenses are applied for. Final walk-throughs and transfers take place when
all contingencies have been removed from the offer.
Congratulations! Prior to closing, all final monies are deposited and documents are executed.
For more information or for a complimentary and confidential Opinion of Value of your business, call 510.215.5155 x701
or email to valuemybusiness@bluekeybma.com.
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BlueKey sends out a regular newsletter that is very
informational and will help you gain a better understanding
of what you should do to improve your business
opportunity skills.
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Download PDFs
11 Land Mines to Avoid
Make the Right Decision When it Comes Time to Sell
Download Selling Your Small Business Letter |
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