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SELL A BUSINESS Find A Broker

Find A Broker  - Get the most value for your business with First Choice Business Brokers

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BUY A BUSINESS Find A Business

Find A Business - First Choice Business Brokers can help you find the right business for you.

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Businesses for Sale in New York, NY Area

Welcome to

First Choice Business Brokers New York City

   

We can help you to Buy or Sell a Business in the greater New York City area.

Are you looking to buy or sell an existing business in the New York City area? Then you have come to the right place!

Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $7.5 billion in businesses for sale. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale.

We have the experience, knowledge, and dedication you’re looking for when it comes to professional representation. Our knowledgeable professionals bring value to every transaction creating a near seamless transition of ownership between buyer and seller.

Sellers - If your goal is to sell an existing business in the New York City area then First Choice Business Brokers is the only choice for you. From guidance in preparing your business for sale, expert market valuation with proven methods to a smooth transition of ownership to a buyer we will be with you every step of the way.  

As experienced business brokers, we know you've worked hard to achieve success. That's why you deserve experienced, licensed professionals who specialize in business sales – you need First Choice Business Brokers. We are large enough to offer Buyers the greatest selection of available businesses for sale, yet small enough to give Sellers individual attention.

Buyers - If you are looking to purchase an existing business, we will walk you through the entire buying process and be with you every step of the way. From searching for the perfect business to a smooth transition of ownership from the seller to you, we go the extra mile for our clients which has earned us the much deserved reputation of unsurpassed service and professionalism with a personal touch. And with the largest national list of exclusive businesses for sale, we are confident we can help you find the business you're looking for.

All First Choice Business Brokers have completed extensive training through FCU (First Choice University) and attend on-going continuing education making our Business Broker Professional among the most highly trained experts in the field of business evaluation, business sales, business marketing and buy/sell negotiations to satisfy both buyers and sellers alike. This is just one reason why we're The World’s Authority in Business Sales.

In summary, if you have a business you would like to sell or are ready to buy a business, we would be proud to be your “first choice” for buyer or seller representation in the New York City area.

Contact First Choice Business Brokers today to find out more to discuss your goals!

 

Why Should You Hire a Business Broker to Sell Your Business in New York

 

1. Better Selling Price

The straightforward answer about why you should hire a business broker is getting a better price. They can do a better job of evaluating the value of your business. You can get the highest price possible in the market without any emotional constraints you might have with your business.

2. Accurate Business Valuation

The goal of selling your business is to get the right value for your hard work. This can seem difficult when you have no experience to rely on in this niche. A business broker can help you with their vast experience and accurate assessment. This means quicker and easy sales.

3. Things Get Done Quicker

One of the most common complaints when selling a business is the time it takes. If you’re in New York City, then talk to us at FCBB. We can help you close deals quickly and without any effort from your side. It will be a simple operation for you.

4. Qualified Pool Of Buyers

We have the best chances for buyers right here. Being highly experienced in the niche, a competent business broker will have a huge pool of buyers. It means you won’t have to spend time waiting for the right people to get in touch with you.

5. Issues Are Solved Easily

Selling a business is complicated, and there can be issues that come up during the process. With an experienced company with you, there is no reason to panic. We can help you with any problems that might occur and ensure that you have a smooth sale.

6. Knowledge About Financing Options

A big part of selling a business is choosing the right financial option. Our experts can help you select the right option for your business. We help you set up the right financial options for you, so you don’t have to worry about it.

 

Six Things You Should Know Before You Sell Your Business

 

1. Know Your Business

Selling your business without understanding its full potential can be an issue. You need to know your business inside out. This will help you communicate to your business broker how much it can be valued. Proper identification of your business will give you the best chance of a high price.

2. Accurate Business Valuation

Another thing you need to know is the right price for your business. Unfortunately, this is something even the best business owners can’t predict accurately. You should get in touch with a business broker like FCBB for your requirements.

3. Selecting The Best Buyers

It goes without saying that if the sale needs to happen quickly, you need a good group of buyers. Again, this is something that a business owner might have little experience with. They can always opt for a business broking agency in New York.

4. Transparency Is The Key

When selling a business, it is critical to be as open as possible about it. This means you must divulge everything about your business to your broker or the buyer. In some cases, neglecting to mention certain facts about your business can land you in legal trouble.

5. Figures Should Be Verifiable

A good rule of thumb to follow regarding facts and metrics about your company is to make them verifiable. People don’t care how good your numbers are. If it can’t be verified, it’s not worth anything. Your business broker can help you find the right metrics for your business.

6. Profits Are Critical Not Revenue

A business owner should always remember that no one cares about annual revenue during sales. What buyers want to know about the company are your profit margins. The higher the profit margin, the easier it is to sell your business.

Sell Your Business - FAQ


1. Can My Business Be Sold?

Yes, you can sell every business for the right price. All you need to do is get in touch with your nearest business broking company, and they will do the needful. If you are in the New York City area, contact FCBB for your needs.

2. How Can I Evaluate My Business Worth?

Estimating the worth of your business is tough but not impossible. Business brokers can help you get the right price for your business. They have an existing pool of buyers, giving you the best chance of offloading your business. They can also assist you when it comes to negotiation tactics.

3. Do I Need A Business Broker?

When negotiating the sale, a business broker is ideal for you. They can help in areas which can be difficult for you or your team to handle. Good examples of this are negotiation, paperwork, financials, and due diligence. A business broker agency knows all the ins and outs of this and will assist you in any way possible.

4. What Is Due Diligence?

When it comes to business brokers, due diligence is the measures they take to ensure that you are safe during the process. They can help identify risks in several areas where things can turn bad for you in your dealings. It helps you stay prepared against suspicious buyers and transactions.

5. How Do Business Brokers Value A Business?

The way businesses value a business depends on their own internal strategies. The simple answer would be that they assign a monetary value taking into account various aspects of the business. This can even change depending on the type of business they’re dealing with as well.

6. Do I Have Taxes On Selling A Business?

Yes, there are taxes applicable when you sell your business. The simple rule is that if you have a sole proprietorship, they assume you sold each asset separately. Your business broker can help you figure out taxes and legal issues with your business sale.

7. How Can I Choose The Right Business Broker?

We have several aspects that you should look for when searching for a business broker in New York. These can help you figure out how best to find the right business broker for you. You should look for three main things - experience, flexibility, and credibility.

8. What Kind Of Businesses Do Brokers Sell?

A business broker can sell all types of business. However, there might be specialized business brokers who cater to a specific niche or a domain. Their experience is important because it can help you assess who to choose for representing your sale. Remember to opt for someone who has enough experience with your niche to get the best sale price.

9. How Can I Keep The Sale Of My Business Confidential?

To keep your business sale confidential, you need to create an NDA that should be signed by your potential buyers. Engaging a business broker can be beneficial in this case. They can handle all your privacy and confidentiality agreements leaving you with a smooth and easy sale.

10. What Are The Fees Involved In Selling A Business?

It depends on several factors that are in play, namely the size of the business, the niche, and the region where the sale is happening. The commissions for a small business range from 10% and higher. For larger businesses, it can be between 3% and 10%. These are not set in stone - an agency can always determine its price based on the situation.


 

     

Our Services

Business Sales

Confidential Listing Services for Business Owners who wish to sell.

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Business Valuation

Expert Valuation Services are offered at all First Choice Offices.

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Buyer Representation

Our Sales Professionals guide business Buyers through the business purchasing process.

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Business Search

Finding the right business for your interests, income requirements and location

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