Mergers & Acquisitions

Odessa, Texas Business Brokers | M&A

East Street, Odessa, Texas, 79761

Call Us: (888) 693-7834

Who We Are

Morgan & Westfield, Business Brokers of Odessa, Texas. If you are selling a business in the area of Midland or Ector counties, our business brokers at the Odessa, Texas, office of Morgan & Westfield can help. Our business brokers provide services to local business owners who are considering selling their business. These services are designed to make the process of selling your business easier for you. We understand that selling your business can be an overwhelming process, and our services are designed to alleviate this stress. Essentially, our business brokers will handle the details of selling your business for you. We will also be there as a source of information, guidance, and support as you go through the process of selling your business. By partnering with the business brokers at the Odessa, Texas, office of Morgan & Westfield, you can be assured that you will have expert advisors on your side every step of the way.

Common Questions About Selling Your Business

As part of our process of helping you to sell your business, we make it a point to be there for you at all times and to answer all of your questions. We understand that selling a business can be confusing, and your specific situation may have some complicating factors. At Morgan & Westfield, we have found that there are many questions that are especially common among business sellers. Some of the most common questions that our business brokers have answered include:

  • How long will it take to sell my business? This varies based on many factors, including the type of business, your business’s condition, your asking price and the current market. But it generally takes six months to a year. Although it can take more or less time depending on your specific situation.
  • Why should I use a business broker? You should always use a professional business broker because they make the process easier for you, help you to avoid mistakes and even help you to negotiate a better price. We put our vast experience to work for you. The buyer of your business will likely have a professional advisor, and you should too.
  • Should I use a national business brokerage firm or stay local? You should combine the two if possible. Morgan & Westfield is a national business brokerage firm with a local office in Odessa, Texas. This combination of local and national gives you access to business brokers with local knowledge and connections as well as national resources.
  • What is a non-disclosure agreement? Also referred to as an NDA, a non-disclosure agreement is a contract that is used whenever anyone has access to sensitive information. Basically, it ensures that any information that is given out will not be divulged. Our business brokers recommend having anyone involved in your business’s sale sign a non-disclosure agreement. At Morgan & Westfield, this is required before any information can be released to potential buyers.
  • What is a non-compete, and do I need to sign one? A non-compete is a contract that states that you cannot operate a business in competition with the business that you are selling. Most buyers will require you to sign a non-compete before the sale is closed. The specific terms of the agreement will determine when and where you can open any other businesses.
  • How do I set an asking price? An asking price should be set based on the results of your business appraisal and the market. You must remember that the market value of your business should be the determining factor in setting your asking price. Otherwise, you might price your business out of the market, making your business far more difficult to sell.
  • How will my business be advertised? At Morgan & Westfield, we utilize a technique called confidential marketing to advertise your business. We create ads for your business that advertise only general information. We place these ads on a variety of websites that are frequented by potential buyers, who are directed to contact our business brokers to obtain more information. Upon contacting us they will be pre-screened and asked to sign a non-disclosure agreement. Once that is complete, they will receive more specific information about your business. This technique has been proven to be effective at both advertising your business’s sale and maintaining your business’s anonymity.
  • Why should my business be sold discreetly? This will protect your personal privacy and reduce the stress of selling your business. But above all else, it will protect your business’s value. Failing to be discreet can drive away customers and benefit opportunistic competitors; both of which will decrease your business’s market value.

Schedule Your Free Consultation

If you are considering selling a business in the area of Odessa or Midland, Texas, our business brokers can help. At the Odessa, Texas, office of Morgan & Westfield, our business brokers can facilitate your business’s sale. We can help you with every aspect of selling your business and make the entire process easier for you. Allow us to put our experience, local knowledge, and national connections to work for you. Contact the business brokers at the Odessa, Texas, office of Morgan & Westfield today.

Selling Your Business With Odessa, Texas, Morgan & Westfield

When you enlist the assistance of the business brokers at our Odessa, Texas, office, you are getting the assistance of a team of professional business brokers that have more than 100 years of combined experience selling businesses throughout Midland and Ector counties. Our business brokers have extensive experience working with business owners throughout this region of Texas. We are especially experienced in the cities of Odessa, Midland, Greenwood, Stanton, Goldsmith, Garden City, Midkiff, Pleasant Farms, Crane, Penwell, West Odessa, Gardendale, Notrees, Kermit and Andrews.

In these locations and the surrounding communities, our business brokers have facilitated sales for businesses ranging in value from $50,000 to $50 million. We have worked with companies in a variety of industries as well. Some of the companies that we have facilitated sales for in the past include: auto mechanics, car dealerships, commercial retail stores, restaurants, laundry services, construction companies, trucking companies, dental offices, fitness centers, gas stations, hardware stores, insurance agencies, travel agencies, law firms, pet shops, real estate agencies and agricultural companies. Regardless of the size or type of business that you may be selling, our business brokers are here to ensure the successful sale of your business.

How Our Business Brokers Sell Your Business

At Morgan & Westfield, our business brokers guide you through every aspect of selling your business. From the moment that you partner with us to the moment that your business is sold, we will be there for you. We will complete complex tasks like business valuations, creating a confidential marketing campaign, screening potential buyers, financing the sale, closing the sale, and creating and executing contracts. Our business brokers will also advise you on the less detailed tasks. For example, we will offer advice on possible negotiation techniques or ways that you may be able to structure the deal.

We will also be there for you through each step in the process to answer any questions that you may have and to make sure that the sale of your business is moving forward as planned. If you have a question or issue that is beyond our area of expertise, we will even put you in contact with other industry professionals who may be of assistance. Other industry professionals that our business brokers can connect you with include lawyers, accountants, tax attorneys and bank officials. Our business brokers use these connections and this process to ensure that the sale of your business is completed successfully.

Past Transactions - Business Sales or Appraisal

Following is a representative list of past transactions we have worked on:

Ambulance Service
Private Households
Vending Machine Route
Automotive Parts Dealer
Private School
Jimmy John’ Gourmet
B2b Wholesale
Produce Market
Janitorial Distributor
Baby Products Retailer
Quick Lube
Liquor Store
Creative Artists
Quick Print Business
Little Caesar’ Pizza
Café
Rope, Cordage Manufacturing
Motion Picture Exhibition
Day Care
Route Distribution Business
Motion Picture Production
Domestic Representation
Rubber Manufacturer
Non-Metallic Mineral Mining
Embroidery Shop
Spa
Non-Metallic Manufacturing
Estate Planning Services
Stainless Steel Food
Onshore Aquaculture
Fabric Store
State Government
Ophthalmic Practice
Furniture Retailing
Tee Shirt Shop
Hobby Shop
Grocery Product Distributor
Trade College
Internet Publishing
Glazier
Trailer and Motor Retail
Ice Cream
Huntington Learning Center
Tyre Manufacturing
UP Store

Our Process

How can Morgan & Westfield help you sell your business?

Schedule a Consultation

Selling your business is the apex of your financial life. After investing your blood, sweat, and tears into an enterprise that has provided for you, your family and your employees, the moment has finally come for you to start a new chapter in your life.

Schedule a Free Consultation

Client Stories

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Sold The Burches – Mentally & Emotionally Prepared

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The Complete Guide to Selling 
a Business: A Roadmap to the Successful Sale of Your Business

The Complete Guide to Selling 
a Business: A Roadmap to the Successful Sale of Your Business

Written by Jacob Orosz, Founder of Morgan & Westfield

You could spend a lifetime figuring out how to successfully sell your business and still end up confused or clueless. What if you can stop the guesswork and start taking action now? With two decades of experience, Jacob Orosz puts together in this book the best tips and strategies he has used in helping hundreds of business owners successfully sell their companies.

Read more

Hundreds of companies have trusted Morgan & Westfield, from franchises, small independent businesses to large corporations.