Chesapeake, Virginia, Business Brokers and M&A Advisors

Business Broker and M&A Services in Chesapeake, Virginia

Selling Your Business with Morgan & Westfield, Chesapeake, Virginia

At the Chesapeake, Virginia, office of Morgan & Westfield, we provide business brokerage services to the business owners of the Southeastern Virginia and Northeastern North Carolina region. We are dedicated to making it easier for the business owners of this region to sell their businesses. 

Many of our brokers are former business owners who have been through the sales process as sellers themselves. We understand the sales process from your perspective and understand how stressful and challenging it can be. 

To learn more about how we can make the sales process easier for you by facilitating your business’s sale, contact the Chesapeake, Virginia, office of Morgan & Westfield today.

Business Brokers of the Hampton Roads Region

In order to provide our clients with the best possible service and the most accurate advice, we choose to operate exclusively within the Southeastern Virginia and Northeastern North Carolina region. Countless factors can impact a business’s sale, many of which are unique to your specific industry and marketplace. 

In order to monitor these dynamics and provide you with accurate advice, our brokers maintain a deep connection to the marketplace. Our constant awareness of the changing dynamics of this marketplace allows us to adjust the way your sale is facilitated accordingly. 

Specific communities within this region that our business brokers serve include:

• Southeastern Virginia: Chesapeake, Norfolk, Hampton, Newport News, Tabb, Poquoson, Grafton, Kiptopeke, Bay Island, Virginia Beach, Salem, Pungo, Hobson, Carrollton, Rescue, Smithfield, Acorn Acres, Windsor, Franklin and Suffolk.

• Northeastern North Carolina: Moyock, Currituck, Knotts Island, Corolla, Maple, Barco, Aydlett, Poplar Branch, Grandy, Old Trap, Shiloh, Weeksville, Nixonton, Woodville, Camden, Gregory, Shawboro, Tar Corner, South Mills, Corapeake, Drum Hill and Elizabeth City. 

Facilitating Your Business’s Sale

Our business brokers provide a variety of services to facilitate your business’s sale that are designed to guide you through the sales process and can even be used to complete many aspects of the process for you. Services that we offer at the Chesapeake, Virginia, office of Morgan & Westfield include:

• Exit Strategies: The best way to ensure a smooth sales process is to properly plan your sale. Effective planning will allow you to gather all of the necessary documentation, prepare your business to be sold, help you to learn about the sales process and enter it with a clear strategy. At Morgan & Westfield, our business brokers will guide you through the planning process and put you on a path to a successful sale. 

• Valuations: One of the most important aspects of any business’s sale is the sale price. In order to maximize the profits that you receive from your sale, it is vital that your business is priced appropriately. At Morgan & Westfield, we will perform a formal appraisal of your company to ensure accurate pricing. Our brokers will consider all factors, both internally and externally, that can impact your business’s market value. The results of your appraisal will be provided to you in a comprehensive business valuation report. This information can then be used to ensure that your business is accurately valued and priced. 

• Offering Memorandum: When a buyer is interested in purchasing your business, they will want to learn as much about your company as possible. In order to facilitate this process, our brokers will create formal offering documents that can be provided to interested buyers (who have signed a confidentiality agreement). These documents will outline information about your company for potential buyers, enabling them to make a more informed purchasing decision. 

• Confidential Marketing: Business sales must be advertised to attract potential buyers. However, these advertisements must maintain your company’s privacy, ultimately protecting your business’s value. Our brokers will create and implement a customized marketing campaign that accomplishes both of these objectives. 

• Buyer Screening: Your business’s sale is likely to attract a wide range of potential buyers. Some will be serious and capable buyers, others will be “tire kickers” who have no genuine interest in purchasing your business. To protect your business’s privacy, save time and make a successful sale more likely, our brokers will interview and screen all interested buyers, ensuring that you are connected to the best possible buyers. 

• Negotiation Facilitation: Once you are connected to a quality buyer, you will need to discuss your sale with the buyer and negotiate pricing, financing and sale terms. Our business brokers will prepare you for negotiations before they begin and advise you throughout the negotiation process. We will also assist you in structuring the terms of your sale and financing terms to ensure that negotiations result in a deal that is conducive to a successful sale. 

• Closing Services: After you have reached a deal with the buyer to sell your business, the sale will need to be closed. Sales contracts will need to be drafted, reviewed and signed by all parties. 

During the closing process, paperwork will also need to be created to officially transfer ownership of your company to your buyer. Our business brokers will create a sales contract that outlines all of the terms that were agreed to during negotiations and present this contract to both you and your buyer so that it can be signed and the sale can be finalized. Our brokers will also assist both parties in tracking and ultimately completing their obligations in relation to the sale. 

• Support: Throughout the sales process our brokers will always be there for you. We make it a point to provide you with constant support as you navigate the sales process. Our brokers will always be available to answer your questions, guide you through the sales process and help you to overcome any obstacles that may arise. 

Contact the Chesapeake, Virginia, Office of Morgan & Westfield

If you are considering selling a business in the Southeastern Virginia or Northeastern North Carolina area, our business brokers are here to help. To learn more about our services and how you can benefit from them, visit the business brokers at our Chesapeake, Virginia, office at 1401 Kristina Way, Chesapeake, Virginia 23320 to schedule a free initial consultation. This meeting is completely confidential and comes with no obligations; it is simply an opportunity for you to learn more about the various ways that Morgan & Westfield can help you.