What we do
Four ways we work with business owners.
M&A, business brokerage, valuation and advisory.
Ideal prospective sellers have $2M - $30M in revenue and 10+ employees.
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Business Brokerage (under $5M)
Owner-operator businesses frequently sold to individual buyers or a local company. You built the business over decades. As much as a fair deal and terms matter, who the buyer is matters greatly.
Business Brokerage (under $5M)
With this size of business, we confidentially take a business to market with a set asking price. -
Mergers & Acquisitions ($5M+)
Lower-middle-market engagements, typically with a management layer in place and real EBITDA; sold to strategic buyers, private equity (PE), family offices, or independent sponsors.
Mergers & Acquisitions ($5M+)
With this size of business, we conduct an auction style, competitive deal process to maximize the valuation, terms, and deal structure for a seller. We will often set a valuation floor and guidance for offers, as opposed to a set transaction price. -
Business Valuations
Owners need valuations for a variety of reasons. For a fixed fee, we work through a valuation assessment with an owner, address your questions on the valuation or sale processs, and provide market & deal expertise.
Business Valuations
You keep the financial analysis, PDF report, and recordings / notes from our valuation consults. -
Advisory
Advisory services take many different forms, including evaluating an acquisition target or facilitating a sale when a seller and buyer already know each other and need deal expertise.
Advisory
Our sell-side process
Selling your business in 3 steps.
We welcome the opportunity to connect with any business owner on a preliminary value for their business, regardless of their timeline to sell.
Owners come away with answers to their questions, insight into how the business will be perceived by buyers and lenders, and actionable steps to increase value. There is never a fee for an initial consult.
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Preparation & Valuation
- Valuation assessment
- Ingest, review and organize financial documents and business records
- Review valuation with commercial lending experts
- Preparation of confidential marketing documents
- Video interview of owners
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Marketing & Negotiations
- Live on 5+ online platforms
- Proactive, confidential marketing campaign
- Featured via email, social, and video
- Address buyer questions on financials, growth levers and employees
- Vetting of buyer fit and financial capacity
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Working to a Successful Close
- Due diligence
- Drafting of legal documents
- Financing approval
- Transition planning
- Escrow and closing
What we sell
Industries we advise and partner with:
- Home Services
- Construction / Specialty Trades
- B2B Services
- Distribution & Wholesale
- Engineering
- Healthcare, Medical, Wellness
- Transportation & Logistics
- Manufacturing
- Infrastructure & Industrial
- Technology, SaaS, & IT Services
- Professional practices
- Not your industry? We are process experts and can likely anticipate unique sale considerations
Frequent questions
Questions owners ask us early.
The ones we hear most often, answered in plain english. Review many more on our FAQ page.
Seller FAQ'sAre we the right fit for you and your business?
We represent businesses with revenue of $2M - $30M and 10+ employees.
While most businesses are in the Pacific Northwest, we work with owners across the country.
We are not a fit for you if:
- Your business is not profitable
- Your business is pre-revenue
- You have less than 5 employees or are a sole proprietorship
- You are looking for a minority partner or to bring in a 50/50 partner. When ready, we help owners sell majority control of their business
- Business is dependent on a single customer or contract
I am interviewing firms, brokers, or advisors. Why Washington Business Brokers?
First, you are and always will be a priority. We say this as we routinely see owners select a firm, attorney, or wealth advisor when we know they are low priority for the advisor. We had a seller use a well-known law firm downtown..the attorney was working on a $70M transaction at the same time as our $3.5M deal. The attorney took two weeks to reply to emails and frustrated everyone, including his client.
There are M&A and business broker firms in the Pacific Northwest with 5, 10, and even 20 headshots on their site. The vast majority of these folks are "industry advisors" or never complete a sale. If you are interviewing brokers - ask to speak with a seller they helped in the last year.
Four of the owners / sales we completed in the last 18 months each burned a year with other local firms first, got frustrated, and came to us. You are looking for the right advisor, with the right capabilities – not the largest firm.
Second, we encourage you to compare the quality of marketing materials we produce, and how we write about businesses online, vs other firms. Check out our activity on LinkedIn and any business for sale platform. The professional marketing pieces are going to be the first time a buyer learns that it is “your business” – we get positive buyer feedback continuously on the quality of content and materials, including from far larger investment banks. This investment in polished marketing directly benefits you in attracting more buyers and ultimately driving a higher transaction price.
Third, take a look at our industry awards for verified transactions. Check out the associations online: M&A Source and the IBBA (International Business Brokers Association). Washington Business Brokers, and Ryan Hemmert, is the ONLY firm in Washington and Oregon to be recognized four years in a row for verified deal activity.
You can verify the industry awards and reviews online.
We will gladly share references of happy sellers for you to speak with.
How will you keep my sale confidential?
Confidentiality is foundational to what we do. Our mornings start with a review of every buyer NDA that came in overnight on the businesses we currently represent. We are meticulous in reviewing these, in fact, we even have a negative online review from a prospective buyer who thought our screening process was too rigorous!
Take a careful look at the "Businesses for Sale" page - you will see no company or owner names listed. Instead, we say something along these lines..
Washington Business Brokers represents a $4.5M sales, $1.1M cash flow roofing business in metro Seattle.
30+ years in business, 4 crews with 3 - 5 roofers each, 2 estimators, and 2 office staff, seller preparing for retirement. For more information about the opportunity, go to wabusinessbrokers.com and submit an NDA. After your NDA has been reviewed and verified, we will release more confidential information about the opportunity.
We follow this process, to a T, with every busines and every buyer inquiry.
Rest assured, our processes are built around maintaining confidentiality and successfully selling your business.
How do you get paid?
We work on a straight success fee (commission) basis. We get paid only at closing when funds are wired from an escrow or legal firm.
As you would expect, the % success fee decreases as the transaction size increases. We follow a standard fee structure up to $5M in transaction size. If we value your business greater than $5M, we will custom quote a success fee.
In addition, every seller can put up to three "named buyers" directly in our engagement agreement. In the event "the buyer" is one of these three, you receive a 20% discount on the standard fee structure.
In our experience working with many different firms, you are not likely to see a great deal of variation in fee. You are looking for the sharpest advisor and the best fit.
We believe strongly in getting things done, fair deals, and building our reputation one fair deal at at time.
I own the commercial real estate my business operates from. Can you sell that too?
Yes! We have experience selling all manner of commercial real estate, including warehouses, lots for service trucks, medical & therapy suites, car washes, and more.
Some business owners prefer to lease their owned property as opposed to selling it with the business. We have plenty of experience advising and negotiating on commercial leases as well.
Unsure what makes more sense with your owned commercial real estate? Will we help you evaluate options and think strategically about your unique financial and tax profile.
How long will it take to sell my business?
The quickest sale we have had, from the date we e-signed an engagement agreement to the closing date, was four months.
The longest sale took a full 12 months. A reasonable expectation is six to eight months. Transaction length varies based on the financial profile of the business, industry, location, and macro environment.
When we partner with an owner on a sale, it is important that the owner stays focused on driving business results with their team and clients / customers, precisely because the sale process takes time. Our commitment to sellers is to drive the sale process as hard as we can while you focus on driving the business.
For a more granular view of "time to sell" check out the Market Reports page (see Resources).
Schedule Your Initial Discovery Call
We welcome the opportunity to connect with any business owner that is thinking about buying and selling a business.
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