On Deal Talk, we often hear from former business owners who have sold their companies or professionals who are dedicated to helping entrepreneurs sell their...
Feedback from Past Business Sales
At Morgan & Westfield, the work we do is only as good as the impression our clients and their advisors have of us when the job is done. Below are some of the comments our clients have made about how we helped them with various steps in the process of selling or valuing a business.
I discovered Morgan + Westfield after I read the free book about selling a business that is available on Amazon. I have friends that sold a business in Texas and they warned me about using a full-service business broker — they make you sign a contract, then disappear and then want a 10-12% commission if the business sells. My friends eventually let the contract they had with the broker expire and ended up selling the business themselves. I don’t have that much free time, and your services seemed exactly what I needed. I needed some push and guidance in order to get our business listed, and I will need some help when we have a buyer locked in. And the fee that you charge seems much more reasonable than the commission I would pay a broker.
I appreciated the level of analysis and due diligence that had to be performed before the business was listed. Also, people who have received the business summary have told me that it was the best summary that they had seen from any listed business. They really liked the level of detail and the amount of information that is in the summary.
Automotive Services Company
You spent a lot of time with me helping me write my ad and even spent some time reviewing some documents I was showing to buyers. Your help was incredible and had saved me thousands of dollars in commissions. I can’t believe anyone would pay a broker 10% when they can do it all themselves using the same advertising methods and forms.
I couldn’t have done it without you. Your help was absolutely invaluable. You saved me over $40,000 in broker fees, and your advice was priceless. The process was pretty simple and straightforward with the forms and resources that Morgan & Westfield provided for me.
Thank you for your professionalism. I will definitely consider using your services again. I would also send any referrals that come my way to you.
Everything is going well. I just wanted to thank you and your service for bringing so many qualified, thoughtful buyers to our door. We tried to sell the business completely ourselves. But all we got were a lot of people who hadn’t thought it through properly. Once we started using your service, the buyers were more serious and prepared. It helped a lot. We will use you again when we need to sell our next business.
I appreciate all you did for me. I would have been completely lost throughout the process without your help. I will definitely refer others to you to represent them in selling and buying businesses.
I wanted to thank you for the personal attention you give to your clients. I also wanted to thank you for looking out for us, and in the future, we will use you and your company anytime we have property for sale.
Automotive Services Company
Thank you for all your business documents and ways to help me sell my business on my own. It has come to the point where the buyer and I are getting ready to put the deal together. I want to say how much your insight has been a major help to me in understanding the process!
Medical Services Company
I used your company about two months ago to assist me in finding a buyer for my business. I was pleasantly surprised at the number of qualified buyers that you generated for us. I would be most happy to speak to anybody about what a fine job you did for me.
We are so pleased with Morgan & Westfield. We would highly recommend them to anyone selling a business. We used Morgan & Westfield’s For Sale by Owner Program. We received approximately five inquiries a week, had many site visits, including two from California, one from Arizona, and one from Mississippi. We also, of course, had visits from potential buyers from around Texas. Morgan & Westfield was instrumental in wording our advertisement and formulating a price and financing options. You periodically checked in with us, emailed many helpful tips for prequalifying buyers, negotiations and general sales support. Morgan & Westfield’s price structure is phenomenal - it’s quite a bargain. The additional services, legal documents, sales closings and anything else a seller might need assistance with, were also very reasonably priced. We sold our restaurant within a few months. Although the purchaser was a local guy, the presence of many potential buyers and the excitement of negotiating with several of them at the same time helped move the sale at a much quicker pace. We could not have generated the activity on our own. We believe Morgan & Westfield’s services were truly a benefit and well worth the investment.
I wanted to write a sincere thank you for all the tremendous work you have done on my behalf. Your professionalism and timely responses are much appreciated. In a fast-paced world, it is hard to find dedicated individuals who take responsibility for taking care of customers. Because of your experience, we have enjoyed a large positive change in our business during these difficult economic times. In the future, I expect you will remain the go-to guy in our business planning. Once we were able to work with you and enjoy the benefits you bring to the table, there would be no chance we would return to the company we dealt with previously.
Real Estate Investor and Broker
I am very appreciative of having been referred to you. In a matter of 45 days, we have secured a buyer for all $65 million of our assets. I have never found qualified buyers so quickly.
Vending Machine Company
I was glad to find Morgan & Westfield to advertise my business. Previously I was advertising on craigslist, and that mostly turned out buyers who were unreliable tire kickers. The advertising system Morgan & Westfield uses produces a more qualified buyer.
Cell Phone Store
Before being a business owner, I was a software trainer who wrote technical manuals. My manuals were written in a very easy-to-read format, which is why they were so well received. The articles, guides and forms I found on your website were written in the same manner - no unnecessary technical jargon and straight to the point, as if someone was speaking to me instead of me reading it. In my professional opinion - good job! The article included excellent information and was very well written.
Storage Facility and Trailer Rental
I have been very pleased with the response to the ads you placed promoting the two businesses I have for sale. I have had a great response in the last few days. At first, I was quite cynical about what your firm could do for me. I was proven wrong. Feel free to have anyone contact me for a reference.
Food and Supplement Manufacturing Company
Thank you for helping me arrange the sale of my nutrition company. Your expertise attracted over 60 potential buyers that my team and I sifted through to find a final buyer. I will be in touch with you for future endeavors, and I will also be referring friends who are looking to sell their businesses.
Construction Services Company
I would like to express my thanks to Morgan & Westfield. They have done such a great job helping me get my company sold. They have gone the extra mile to help where I needed it. If it were not for your ability to think outside of the box, I would not have sold my company. I strongly recommend Morgan & Westfield to help sell your business.
Your website is one of the best I have used. It was easy and quick to fill out the NDA! I’ll give you a call later after I review the materials and write down some questions that I have about the business.
Auto Glass Company
We just wanted to send you a note to thank you for helping us sell our business. Two hours after you posted our ads, we got a call and set up an appointment with a buyer.
Nutritional Development Company Owner and Serial Entrepreneur
I would like to thank you for all of your help. You helped me change the way I think about selling a business. I always thought it would be difficult to reach good buyers in this tough economy. With your service, I received many responses from high-quality buyers who were interested in purchasing my different companies. You went above and beyond every time we got on the phone and gave me advice that helped me close the deals. With your program, I was able to build a database of potential buyers for my future projects and save time, energy and money. Thanks for being so professional and eager to help.
Dental Staffing Business
I hired Morgan & Westfield to help me sell my business after reviewing many other alternatives. You offered me a variety of services, and I was able to pick and choose the services that I needed. I was very impressed in the way questions, concerns and phone conversations were promptly addressed with efficiency and in a timely manner. You definitely went beyond what you were obligated to provide. You not only marketed my business but also advised me through the process, handled all documents, and assisted me with the closing. You brought me buyers in this strained economy, and I received full asking price after only three months. I would without hesitation call upon your services again. I couldn’t have done it without you.