Seller Services
Our network and the Las Vegas office sell businesses all over the country and are made up of trained experts in managing the business sale and acquisition process. We are capable of putting Nonnie Group’s global reach to work for you.
As part of your team, Alan Horwitz and his associates will work as your Business Broker and Middle Market Professional to help you navigate the complexities of buying or selling a business in Las Vegas Nevada or anywhere around the world. Our interests are aligned with yours, and we know business transactions do not close unless all parties feel they have reached an equitable outcome. We are committed to confidentiality, integrity, and professionalism. When you choose Nonnie Group, you save time and money with an authority in business sales that you can trust.
As Las Vegas’s preeminent business brokerage firm, the Nonnie Group specializes in representing sellers of privately held businesses with a value of $300,000 to $10 million but also specializes in businesses that sell for as high as $100M. In doing so, we have expanded our service capabilities and our growing international presence.
Nonnie Group Representation Services
FORMAL VALUATION OF THE BUSINESS and/or APPRAISAL
We prepare a third-party Cash Flow & ROI analysis to specifically justify the highest possible asking price. We also ensure that you are not underpriced or overpriced so that you can accomplish your goal of selling your business.
MAXIMIZE AND JUSTIFY THE SELLING PRICE
We utilize tools such as Analysis Software, Comps, Business and/or Land Appraisals, Detailed Demographic Information, etc. A key to selling a company or a business for the highest price is being able to justify the selling price in a way that is understandable by a buyer’s advisor.
PREPARE INFORMATION NEEDED FOR THE SALE
Lease review, Lease transfer and Sub-lease requirements, Tax returns, FF&E Details, Franchise Agreement, and Review of Asset Allocation issues. It must get through due diligence to be able to close escrow, and we begin that process prior to even taking the listing.
PREPARE A BOUND PRESENTATION
The goal of Answering Key Questions is so that the Buyer will want to meet with the Seller. We focus on Upside Potential, Business and company Details, and Defending the business’s defects.
MARKET THE BUSINESS FOR SALE
Your ad will appear on many National Business for Sale Internet Sites, Many National and Local Newspaper Websites, LinkedIn, Facebook, Nonniegroup.com, vegasbusinessbroker.com etc. We utilize National and Las Vegas Buyer Pools. M&A listings receive targeted advertising. The goal in every case is to generate many buyers and not just one buyer.
SCREEN BUYER PROSPECTS
All potential buyers sign a non-disclosure statement and are screened for the ability to purchase the business or the company.
ANSWER THE QUESTIONS ALL BUYERS ASK
Why are they selling? How do they justify the price? Is the income verifiable? What is the upside potential? Is the seller willing to carry, or is financing available? Will it pay me a fair salary & still pay the debt service?
SHOW THE BUSINESS
Prepare Seller for all Meetings with Pre-Screened Buyers.
ASSIST IN NEGOTIATIONS AND HELP WITH PURCHASE AGREEMENT
We are Licensed to Sell Business in Nevada Representing Your Interests as the Agent for the Seller Only. We handle all Negotiations, which are often Detailed & Confidential. We can refer you to the most reasonable and competent local attorneys and other professionals as needed.
ASSIST IN DUE DILIGENCE
Contingency Sign Offs, Timing Issues, Franchisor, and Landlord Issues
ASSIST IN FINANCING
Qualify Business & Buyer, Promissory Note Terms, SBA & other sources
ESCROW & CLOSING
Review Escrow Docs, UCC Searches, Escrow Instructions, Notes, Loans, etc.
ORDERLY TURNOVER PLAN
Help with Licensing, Tax Bonds, Utilities, Business Services, Banking, Entity Formation, Accounting, Legal Services, Insurance, Franchise Requirements, Training Plans, etc.
OUR COMMISSION is based on the Selling Price of your Business with No Upfront Fees and No Commission Paid Until the Close of Escrow, 12% on a business selling for up to 1 million dollars and 10% or less on larger transactions.
