Businesses For Sale Cork, Ireland
Businesses For Sale Cork, Ireland
There comes a time when you or your Company decide to sell your business or part of it. This could be for retirement, diversification, to raise funds for new ventures or for personal reasons.
Unlike selling your home or property, business sales are complex transactions and need to be handled with care to minimise the impact of the sale on Staff, Customers and Suppliers. One also has to be careful that competitors do not take advantage of the fact that your business is for sale and attack your customer base eroding your business’s value which will ultimately determine the price it can achieve.
At Tom Murray & Associates we offer a discrete business for sales service in Cork, Dublin, Ireland, that will sell your business in a private manner without your Staff, Customers, Suppliers or Competitors knowing until the sale is complete. We achieve this through targeting our databases of potential interested purchasers and discrete targeted advertising without identifying the business or its specific location. All interested parties contact us directly, complete non- disclosure and confidentiality agreements and are vetted by our Team as being genuine interested parties before any information is shared & exchanged.
Our expert team will carry out a valuation of your business and will advise you of what we believe a potential purchaser will be willing to pay for it, based on market factors for the business in question and a multiple of EBITDA. You can then decide whether you are willing to sell your business for this estimated value and whether this meets your expectations. Where business valuations may be lower than what you may have expected we can give you corrective actions that may increase the value of your business in time and you may decide to defer the selling decision to allow the businesses valuation to increase.
Our service will produce a detailed information memorandum for your business which will be given to short listed potential purchasers only. This will contain sufficient information for the potential purchaser to make the decision to proceed further or withdraw.
Once a shortlist of purchasers has been achieved we will invite offers and negotiate the best buyer and best price for your business. In doing so we will vet the potential buyers proof of funding and assess their ability to complete the purchase within a set time period.
As part of the sales process for businesses detailed financial and legal due diligences will have to be completed. These will often determine whether a business sale will complete or not and have to be professionally managed. We will work with the buyer’s representatives in managing this process for you and can recommend professionals for areas such as legal items and taxation which we do not cover.
Once you engage us to sell your business we will provide you with required actions to take to ensure that once a sale is agreed that the sales process will be successful and will complete in a timely manner. This will include areas covering property, finance and employees, customers and potential legal matters. If these are not in order they may result in the sale falling through, being unnecessarily delayed or a reduced selling price.
We can sell any business from Manufacturing & Distribution, Service sector, Professionals service providers, i.e. Doctors, Solicitors practices. Hospitality and Healthcare providers where we have specialist skills in the sale of Hotels and Nursing Homes.