Providence, Rhode Island Business Brokers | M&A Advisors

Business Broker and M&A Services in Providence, Rhode Island

Business Brokers of Providence, Rhode Island, Morgan & Westfield

Our professional experts in the “Creative Capital” at our Rhode Island office of Morgan & Westfield provide business brokerage services to nearby business owners. This includes communities in Rhode Island, Massachusetts, and Connecticut.

Specific communities within this region that we serve include:

Rhode Island

  • Providence
  • Pawtucket
  • Cranston
  • Cumberland
  • Woonsocket
  • Smithfield
  • Greenville
  • Glocester
  • Foster
  • Burrillville
  • Nasonville
  • Johnston
  • Scituate
  • East Providence
  • Central Falls
  • Warren
  • Bristol
  • Hillsgrove
  • Warwick
  • Lippitt
  • West Warwick
  • West Greenwich
  • East Greenwich
  • Exeter
  • North Kingstown
  • Middletown
  • Jamesport
  • Newport
  • Kingston
  • Richmond
  • South Kingstown
  • Narragansett
  • Hopkinton
  • Charlestown
  • Portsmouth

Connecticut

  • Thompson
  • Putnam
  • Killingly
  • Sterling
  • Brooklyn

Massachusetts

  • Millville
  • Blackstone
  • Uxbridge
  • Douglas
  • Bellingham
  • Seekonk
  • Franklin
  • Wrentham
  • Foxborough
  • Mansfield
  • Plainville
  • North Attleboro
  • Attleboro
  • Norton
  • Easton
  • Bridgewater
  • Raynham
  • Taunton
  • Middleboro
  • Rehoboth
  • Dighton
  • Berkley
  • Myricks
  • Swansea
  • Fall River
  • New Bedford
  • Freetown
  • Somerset
  • Westport
  • Mattapoisett
  • Dartmouth

Morgan & Westfield has dozens of years of combined experience in facilitating business sales within the New England area. Each year, our business brokers handle hundreds of successful sales within these communities. This includes companies of all sizes and in nearly every industry.

Through choosing to operate exclusively within this region, we have gained a superior understanding of the dynamics of this local marketplace. We understand the challenges that you will face in selling your business in these communities.

We also understand that your location is an asset to buyers. We know how to effectively communicate this to potential buyers.

For example, businesses located in the Providence area are strategically close to large cities in both the Connecticut and Massachusetts areas. These areas are prime industry locations.

We are able to effectively communicate this to potential buyers through our exceptional advertising methods. Our ability to utilize our local knowledge represents one of the advantages of selling your business through our Providence branch of Morgan & Westfield.

Connecting You with High-Quality Buyers

One of the most important things that our brokers do is connect you with high-quality buyers. When you are selling a business, it is unlike selling a house, car, or any other product. You are limited to how many buyers there are. You can’t sell to just anyone.

It is absolutely vital to the long-term success of the sale that you only work with high-quality buyers. At Morgan & Westfield, we take steps to ensure that you only work with buyers who are qualified. A buyer must be both financially qualified and operationally qualified, that is, the buyer must have the skills to run the company.

Our intermediaries personally screen all buyers who are interested in your business. We interview them and research their qualifications. Buyers are also asked to sign a non-disclosure agreement.

You can even require that they make a contingency-based offer to ensure their seriousness. Through taking these steps, our brokers connect you with high-quality buyers who are both capable of purchasing and qualified to operate your business.

Why Are High-Quality Buyers So Important?

There are many reasons why it is so important that you only work with qualified buyers. In order for your sale to be successful in the long term, you need to be somewhat selective about whom you sell to.

This is particularly true in cases where the sale is seller-financed. Some level of owner financing is involved in 80% of business sales. If you offer seller financing and sell to a buyer who is not capable of running your company to its potential, they may default on payments.

If your buyer doesn’t repay their loan to you, you may have a legal battle to force them to satisfy their repayment obligations. To settle this debt, a buyer would have to return ownership of the business back to you to help recover your losses.

However, if your buyer fails to repay you and you take your business back, your company may be in a less than desirable condition. It may be in a position that is not profitable, resulting in more losses.

Our business brokers work hard to connect you with buyers who are highly qualified to help prevent something like this from happening to you.

Another reason why selling only to high-quality buyers is important is to be able to command the best possible price for your business. More reputable buyers are able to pay a higher price for your company and will take the sale process seriously.

This can mean that not only will you get a higher price for your business, but it may sell faster. Buyers who are not well-qualified or who are just looking for a good deal will be unwilling to pay higher prices.

More unqualified buyers lengthen the negotiation process in hopes of getting you to agree to a lower price. The short-term and long-term success of your company’s sale depends on the quality of buyer you have for your business.

Our experienced brokers at our Providence, Rhode Island office will ensure that all potential buyers are properly vetted. This will help us find the most qualified buyer we can for your business.

Schedule Your Consultation Today

If you are considering selling your business and are located in the Rhode Island area, we’d love the opportunity to talk with you. Our brokers at Westfield & Morgan’s Providence location can assist you with every aspect of your business’s sale.

We can provide you with the necessary guidance to ensure a successful sale. Our intermediaries will optimize the process for you and ensure that no stone is left unturned. Our advertising methods and vetting procedures will connect you with the highest-quality buyers.

A successful sale for you is our business brokers’ number one priority. We can schedule you for a free initial consultation with one of our professional business brokers. There is no obligation, and we place a high importance on confidentiality.

To learn more about what we can do to successfully sell your business, contact our Providence, Rhode Island office of Morgan & Westfield today. We will answer your questions, explain the sale process, and tell you how we can help you get the results you want.

Free Consultation to Get You Started

No obligations, no strings attached

Thinking of selling your business? Get the answers you need – we’ll even give you some questions to consider. Explore your options now.

Schedule a Free Consultation

About Providence, Rhode Island

Providence, Rhode Island, is a historic city located at the head of Narragansett Bay. As the capital and largest city in Rhode Island, Providence is known for its rich history, vibrant arts scene, and picturesque waterfront.

The city’s historic downtown area features beautifully preserved architecture, cobblestone streets, and lively shopping districts like Westminster Street and Thayer Street. Waterplace Park, with its iconic Riverwalk and WaterFire installations, offers stunning views of the Providence skyline and hosts regular cultural events and festivals.

Providence is home to several prestigious universities, including Brown University and the Rhode Island School of Design (RISD), which contribute to the city’s intellectual and creative energy. The RISD Museum and the Providence Athenaeum are just a few examples of the city’s cultural institutions.

Food enthusiasts will delight in Providence’s thriving culinary scene, which boasts a diverse array of restaurants, cafes, and eateries serving everything from traditional New England fare to international cuisine. Federal Hill, known as “Little Italy,” is a hub of dining and entertainment, offering a taste of Providence’s culinary heritage.

Find us on the map

Past Transactions - Business Sales or Appraisals

  • Automotive
  • Construction
  • Advertising Agency
  • Digital Marketing
  • Web Design Firm
  • Event Center
  • Fitness Center
  • Travel Website
  • Food and Beverage
  • Restaurant Chains
  • Technology
  • Assisted Living Facility
  • Family Medical Practice
  • General Healthcare
  • Professional Services
  • Apparel Manufacturer
  • Retail
  • Services
  • Sign ManufacturerServices
  • Automotive Parts Manufacturer
  • Food Products Manufacturer
  • Industrial Chemical Manufacturer
  • Franchised Fast Food Chain
  • Wholesale and Distribution

Meet Your Advisor

Jacob Orosz

President and Founder of Morgan & Westfield

20+ Years of M&A Experience: Over 20 years of experience facilitating mergers, acquisitions, sales, and other business transfers with transaction values up to $500 Million.

300+ Transactions: Successfully participated in or managed the sale of over 300 privately held companies representing both buyers and sellers in North America, Central America, South America, Europe, and Asia.

Author of 6 Books on M&A: The Art of the Exit, A Beginner’s Guide to Business Valuation, The Exit Strategy Handbook, Closing the Deal, Acquired and Food & Beverage M&A

Host of M&A Talk: Host of the #1 podcast on mergers and acquisitions – M&A Talk.

Host of Food & Beverage Talk: Host of the #1 podcast on mergers and acquisitions specializing in the food & beverage industry – Food & Beverage Talk.

Host of:

The #1 Podcast on Mergers & Acquisitions

  • Available on:
  • Spotify

Real Stories from Real Clients

The Most Comprehensive Library of Resources on Buying or Selling a Business

Browse Our Content by Topic
  • Books: The Art of the Exit, A Beginner’s Guide to Business Valuation, The Exit Strategy Handbook, Closing the Deal, and Acquired – written by Jacob Orosz, president of Morgan & Westfield.
  • M&A Talk Podcast: The #1 podcast on mergers and acquisitions with over 150 episodes.
  • M&A Encyclopedia: 800+ pages of articles on every step of the M&A process.
  • Ask the Expert: Ask our team any question related to the sale or purchase of a business.
  • Downloads: Download forms and checklists for buying or selling a business.
  • M&A University: In-depth courses led by industry experts on M&A.