Selling a Business With Real Estate Requires the Right Expertise
By Mike Liess
(Coldwell Banker Custom Realty)
When a business owner sells a company that also includes commercial real estate, the transaction involves much more than putting a building on the market.The property is only one part of the deal. The business may include equipment, inventory, employees, customer relationships, contracts, goodwill and years of established cash flow. Each of those items can affect the overall value and how the transaction should be marketed.A commercial real estate broker can determine the value of the land and building, but valuing an operating business requires a different set of skills. A business broker reviews financial statements, identifies the company’s true earning potential and helps determine what a qualified buyer may be willing and able to pay.Confidentiality is also a major concern. Most ow...
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