Mergers & Acquisitions

Warren, Michigan Business Brokers | M&A

Hillingdon Street, Warren, Michigan, 48093

Call Us: (888) 693-7834

Who We Are

Warren, Michigan, Office of Morgan & Westfield. If you are selling a business in the Eastern Michigan area, our team of business brokers at the Warren, Michigan, office is here to help. We can help you complete all tasks associated with the sale of your business. From listing the business for sale to advertising the sale to negotiating with prospective buyers and closing the sale, our business brokers will be there through it all.

When you enlist the assistance of our business brokers at the Warren, Michigan, office of Morgan & Westfield, you can rest assured that we will do whatever is necessary to ensure that your business is sold successfully. To learn more about our services contact the Warren, Michigan office of Morgan & Westfield today.

At our Warren, Michigan office, we understand how businesses are valued, marketed and sold within this marketplace. We also understand the immense opportunity that this location provides to potential buyers, as well as the challenges of selling a business in this community.

We have gained this knowledge through facilitating business sales in this region every day. We do not take other jobs or work in this community part time; we instead choose to work exclusively with business owners in the Eastern Michigan area, specifically in the counties of Wayne, Oakland, and Macomb. Some of the communities within these counties include:

  • Wayne County: Grosse Pointe Woods, Grosse Pointe Farms, Grosse Pointe, Grosse Point Park, Harper Park, Hamtramck, Northville, Plymouth, Livonia, Garden City, Westland, Canton, Wayne, Romulus, Wyandotte, River Rouge, Melvindale, Allen Park, Taylor, Dearborn, and Detroit.
  • Oakland County: Rochester, Rochester Hills, Auburn Hills, Pontiac, Bloomfield Township, Birmingham, Berkley, Clawson, Farmington Hills, Novi, Madison Heights, Royal Oak, Oak Park, Hazel Park Southfield.
  • Macomb County: Macomb, New Haven, Washington, Utica, Charter Township of Clinton, Harrison Charter Township, Fraser, Sterling heights, St Clair Shores, Eastpointe, Center Line and Warren.

We average more than 100 successful business sales within these communities every year. These sales include companies of all sizes and in all industries, with values ranging from $50,000 to more than $95 million. Through this experience, our business brokers are uniquely capable of facilitating the sale of any business in the Eastern Michigan area.

Preparing for the Sale of Your Business

Our business brokers provide services that will enable you to complete every step in the process of selling your business. But before that process begins, there are many things that you can do to ensure that your business is prepared for its sale. Some of these tasks include:

  • Prepare Your Financial Statements: Potential buyers will want to get a sense of the business’s past performance. Having all of this information prepared ahead of time by a professional is an important step. This ensures that the information is accurate and will be ready when potential buyers ask for it.
  • Determine Your Asking Price: You will need to determine a reasonable asking price. Our business brokers will suggest an asking price based on the results of your business valuation and the local market, but it is a good idea to start thinking about this early on. The more informed you are about your business’s value and the local market, the easier it will be for you to negotiate with buyers.
  • Know Your Assets: It is important to make a list of all of your business’s equipment, inventory, and other assets. This will help you differentiate what will be involved in the sale and what are personal assets that you will retain, and it will also prevent confusion later.
  • Check Your Leases: Businesses often rent or lease their property and/or some of their equipment. It is important that you know what equipment or property you own and what you don’t; this will prevent you from selling something that you do not own as if you did. You also want to be able to tell potential buyers what leases they will need, and make sure that leases for things like your property and building can be assumed at a reasonable rate by your buyer.
  • Prepare for Your Seller Obligations: Sellers are almost always required to fulfill certain obligations when their business is purchased, including signing a non-compete agreement, transferring all business property and completing buyer training. Ask your business broker what obligations you may have, and prepare accordingly.
  • Maintenance: Just like when you are selling a home, you want your business to look its best when it is seen by potential buyers. You should: remove anything that doesn’t work, remove clutter, organize inventory, make necessary repairs to any equipment or property, remove items that are not related to the business’s operations and remove anything that is not being sold.
  • Be Upfront: Every business has its flaws and challenges to overcome. With that in mind, think about your business and consider the following question: If I was purchasing this business, is there anything that I would want to know? Whether it is good or bad, make a list of anything that future owners should know about. It is always better to disclose this information upfront to buyers, even if the information is something negative. By being open and honest in this way, potential buyers will know that they can trust you and they will have a better idea of what they are getting into. Remember, buyers will most likely find out eventually anyway. The difference is that if you are prepared to tell them about any issues upfront, then they are likely to be far more forgiving.
  • Be Ready to Respond: Once your business is put up for sale, you may hear from potential buyers at any time — it can be six days or six months. You should be prepared for this ahead of time. Make sure that your schedule allows for some flexibility so that if you are in a position to meet with a buyer, it can be scheduled in a timely manner.
  • Run Your Business: It is important that you maintain your business’s operations before the company is sold. Do not allow inventory to dip, permits to expire, vendor contracts to lapse or your relationships with your customers to change. Buyers usually want to purchase a business that is established and ready to run, not a business that has to be rebuilt. Failure to run your business normally can be detrimental to your company’s value as well. One of the biggest things that you can do to prepare for your business’s sale is to ensure that your business is performing to its potential.
  • Contact a Professional Business Broker: In addition to making it easier for you to sell your business, a professional business broker can also expedite the sale and help you to negotiate a higher price. The guidance of a professional business broker is invaluable.

Contact the Warren, Michigan, Office of Morgan & Westfield

If you are selling a business in the Eastern Michigan area, our team of business brokers is here to help. We will provide you with services that are designed to ensure each step in the process of selling your business is completed successfully. We will also provide continuous support and guidance to ensure that you will never be alone as you go through this process.

To learn more about our specific services and how Morgan & Westfield can facilitate the sale of your business, contact our office today to schedule a free initial consultation. At that time, one of our business brokers will explain more about our process and services, and we will also answer any questions and explain what you can expect moving forward.

To schedule your free initial consultation and learn more about how we can help you sell your business, contact us 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.