Selling a Business

When selling a business, it is vital that you use a professional that is experienced in selling businesses.

Sunbelt Business Brokers was founded on the principal of helping people achieve and realize the dream of business ownership. Our Sunbelt Charleston office will do a complete evaluation of your business so that you can be sure that your asking price reflects your business’ value. Sunbelt will work with you to sell your business confidentially and quickly.

YOUR BUSINESS IS A BIG DEAL TO US.

We know you want to sell your business for maximum value in the shortest time possible. But we also know that other things are important to you as well. You want to know that your CONFIDENTIALITY will be maintained. You need to keep running your business while you’re selling your business. You want to feel comfortable that the buyer will successfully run and grow the business you built. You want to know that your staff will be taken care of.

We understand. Most of our Sunbelt brokers have owned and/or run businesses themselves. So in addition to all the strategic planning and number crunching, your broker will act as a consultant and mentor through the whole process.

With thousands of businesses for sale at any given time, Sunbelt Business Brokers has more listings than all our competitors combined. And in Charleston we have the most local listings of any business intermediary firm.

CURRENT MARKET DATA AND TRENDS - Q3 2023

Small business acquisitions grew a modest 2% year-over-year in Q3 2023, continuing steady gains following a 13% drop in Q4 2022 according to BizBuySell's Insight Report, which tracks and analyzes U.S. business-for-sale transactions and sentiment from surveys of business owners, buyers, and brokers. In total, 2,281 businesses were reported as sold on BizBuySell, representing an enterprise value of nearly $1.65 billion, 4% higher than the $1.59 billion at the same time last year.

• Median sale prices up 10%, buoyed by manufacturing and restaurants

• Retail and service sectors report weaker financials as rising costs eat into profits

• Savvy buyers scoop up bargains as retail business prices drop 18%

• As prime based fixed SBA loans become more costly, funding methods and deal structures are evolving. With cash flow to repay debt getting further squeezed, lenders are asking sellers to carry higher levels of financing.

• A prevailing high interest rate environment, inflation, and labor market challenges are continuing to affect small business profitability and buyer confidence

Read the full report at BizBuySell.