Mergers & Acquisitions

Syracuse, New York Business Brokers | M&A

Syracuse, New York, 13201

Call Us: (888) 693-7834

Who We Are

Morgan & Westfield, Business Brokers of Syracuse, New York. The time is finally approaching. After years of hard work, you are considering your future and moving on from the company that you built. Most business owners find this time challenging because they have never been through the process of selling a business before.

They don’t know what to expect, how to go about the process, or what to do to ensure a successful sale. This lack of experience and knowledge makes the process of selling a business very intimidating and stressful.

The best way to reduce your stress levels while selling your business is to hire a professional team of business brokers. This is where our team of highly experienced business brokers at Morgan & Westfield come in.

If you are selling a business in Central New York, perhaps our brokers at our Syracuse office of Morgan & Westfield can help. To learn how we can assist you, contact our office and schedule a free consultation today.

Why You Need a Professional Business Broker

Most business owners have never gone through the process of selling a business before. For this reason, they find the process to be somewhat intimidating.

The intimidation is compounded when you realize it’s your chance to capitalize on all your hard work. After all, you have invested a lot of effort into growing your business.

Any mistakes in the sales process can inhibit your ability to fully capitalize on the sale of your company. You only have one shot at the sale of your business.

For this reason, it’s crucial that your company is sold successfully to a qualified buyer. You want as few bumps in the road as possible.

Your ability to enjoy the fruits of your labor depend on the successful sale of your business. The only way to ensure this is to sell it with the help of professional assistance. The fact is that companies that are sold by their owners directly generally don’t have favorable outcomes.

We Help Avoid Common Pitfalls in the Sales Process

When business owners sell their businesses, the sales process is usually lengthier than it should be. It is also usually complicated with many avoidable errors.

These sales are usually poorly structured, causing them to end in either default or a legal battle. After all of the hard work you’ve given your company, legal disputes and a flawed sale isn’t how you want it to end.

Working with a team like Morgan & Westfield is the best way to ensure that your company is sold successfully.

Our business brokers will handle all of the technical tasks for you and guide you through the rest. We can provide guidance to ensure that mistakes are avoided.

In addition, we’ll work to bring you higher-quality buyers, help expedite the process, and negotiate a higher price. Your company will not only be sold successfully, but we’ll help you maximize your profits.

Tips for a Successful Sale

Selling a business is unlike selling any other product or service. You can’t just put a sign in the window and hope that someone comes in and purchases your company. This is not how business sales work.

When we facilitate the sale of a business, we do so through utilizing our 100-plus years of combined professional experience. Our business brokers have a plethora of insider knowledge about the sales process.

This helps us to master many aspects of the sales process for you. We pass some of our knowledge down to you in the form of advice and insider tips. Our goal is to help you understand the process as we guide you through the sale.

Here are some of the common tips that our business brokers will help you with:

  • Only work with qualified buyers: Most business sales are financed. That means that for the payments to be made, the company must remain successful. For this to happen, your buyer must be qualified to successfully run the business. If they are unqualified and the business fails, they may default on payments.
  • Never try to hide anything: Hiding unfavorable information about your company almost always ends badly. Eventually, this information will be discovered. If a buyer discovers hidden secrets, they are unlikely to be as forgiving. If you are more upfront early in the process, they’ll be more understanding.
  • Make a list of what is for sale: Never just tell a buyer that “everything is for sale”. This is not usually true because you probably have something that is leased or rented. Inadvertently misrepresenting these items as property you own and are selling will lead to confusion.
  • Tell no one about the sale: It is imperative that your sale is completed discreetly. If competitors, suppliers, or customers learn about the sale, it will hurt the value of your company.
  • Require confidentiality agreements: Given the importance of a discreet sale, you should require anyone with knowledge of the sale to sign a confidentiality agreement.
  • Be ready to train your buyer: Sale terms almost always dictate a training period for the new owner. As the seller, you must be prepared to devote time to training your company’s new owner.
  • Be ready to sign a non-compete: Sale terms generally require you to sign a non-compete. This is standard and you should be aware of the terms of this non-compete agreement.
  • Be aware of your obligations as a seller: Given the overwhelming nature of the sale, it’s easy for a seller to overlook some of their contractual obligations. You may forget to sign or deliver documents, disclose something, or address some minute detail. Forgetting to complete the smallest task can result in a contractual breach that nullifies the sale.

Local Business Brokers of Syracuse, New York

Our Syracuse office of Morgan & Westfield works tirelessly to assist local business owners who are selling their businesses. We provide support and technical services exclusively to companies within our local communities.

Through placing an emphasis on working with local business owners, we have gained a considerable amount of knowledge about the local marketplace. Our rapport with many local professionals in and around the “Salt City” offers us a bridge to many vital contacts.

This has given our business brokers a unique connection to the Central New York region. Our team is particularly centered on the communities of:

  • Syracuse, Lyncourt, Dewitt, Jamesville, Fayetteville, Manlius, Minoa, Kirkville, Chittenango, Sullivan, Bridgeport, Clay, Cicero, Central Square, Mallory, Pennellville, Hinmansville, Liverpool, Lakeland, Plainville, Baldwinsville, Jordan, Weedsport, Elbridge, Camillus, Westvale, Fairmount, Mottville, Martisco, Marcellus, Marietta, Amber, Onondaga, Nedrow, Lafayette, Otisco, Vesper, Pompey, Berwyn, Fabius, and, New Woodstock.

Each year, our brokers facilitate hundreds of business sales within these communities. These sales involve companies in nearly all industries and range in value from $100,000 to $100,000,000.

Our connection and extensive experience in the Central New York area make us uniquely capable of facilitating any business sale in the area.

To learn how we can help with the sale of your business, contact the Syracuse, New York office of Morgan & Westfield today.

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

Sold How to Sell Your Business to the Right Buyer at the Right Price

Industry: Retail

Region: Midwest

Sold Keeping Your Financials In Order: This is Why it’s Important in Selling Your Business

Industry: Retail

Region: Midwest

Sold Miracle Method Done Deal

Industry: Services

Region: South Central

Sold New Miracle Method Owner Shares Tips in Selling Your Business Fast

Industry: Services

Region: West Coast

Sold Preparation: Key to Selling Your Business Fast

Industry: Automotive

Region: Mid-Atlantic

Sold Selling A Company: It’s Not Just Business, It’s Personal

Industry: Construction

Region: Mid-Atlantic

Sold The Burches – Mentally & Emotionally Prepared

Industry: Services

Region: West Coast

Sold This Is How You Sell A Business From 100 Miles

Industry: Services

Region: Midwest

Sold This Seller Found The Right Buyer In 4 Days, But Took 1 Year To Close The Deal. Here’s Why.

Industry: Services

Region: New England

Sold This Will Make You Sell Your Business in Tough Times

Industry: Services

Region: South Central

Sold Why Selling a Business Is More Than Just Finding a Buyer

Industry: Health Care

Region: Southwest

Sold Why You Need Patience in Selling Your Business

Industry: Food & Beverage

Region: Southwest

Sold Work On Your Business — Not In Your Business

Industry: Manufacturing

Region: West Coast

Sold You Need Persistence in Selling Your Business

Industry: Services

Region: Pacific Northwest

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.