For the seller to get all cash at closing, having the business qualify for bank financing is the most common technique. To qualify for a bank loan, you have to assure the bank that there is sufficient profit to repay the loan and pay the buyer a reasonable salary....
If you have considered selling your business, determining its fair market value; the knowledge, experience and discretion of Dolan Sales, Inc. will be valuable assets in your endeavor. Please call Bob Dolan, CEO, directly at 888-893-6661. View Bob’s profile on...
Two top items a bank will want to see to consider before granting a business loan to your buyer is that the sales and cash flow trend are steady or growing, and that no one customer represents more than 10% of total sales. If there is a sales decline with a reasonable...
One of the most commonly overlooked preparations for selling a business or franchise is cleaning up the financial statement of seller-specific expenses. These expenses are commonly called add-back or seller discretionary income, because they are added to the net...
Statically, the average time range is eight to 10 months. Some of the factors that can reduce or increase this time frame are: When most business buyers filter opportunities they are considering, the factors they weigh are typically the geographic location, type of...
Robert (Bob) Dolan specializes in selling existing franchises, particularly those with sales over $600,000 per year. As a former franchisee himself and a franchisor executive in industry for over forty years, he is an expert in the field. Dolan Sales, Inc. serves...
