(605) 252-9520 info@meritus.group

OUR PROCESS

HOW IT WORKS

A comprehensive overview of our Seller Journey.

STEP #1
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STEP #1

Initial Client Intake

Our journey begins with an initial meeting to learn about you and your business. This is a crucial step where we establish a foundation of trust and understanding to serve your interests better.

STEP #2
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STEP #2

Free Opinion of Value

We conduct a comprehensive valuation of your business. Our analysis takes into account the perspectives of both appraisers and potential buyers, ensuring you understand your company’s full value.

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STEP #3

Business Listing Agreement

We commit to you formally with a Business Listing Agreement, a document designed to better serve you and your business first, which outlines our responsibilities as your broker. You are welcome to have your attorney review it.

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STEP #4

Strategic Marketing Plan Implementation

We market your business confidentially across several platforms, specifically targeting qualified buyer prospects. Our comprehensive plan includes email campaigns, direct outreach to potential buyers, and social media advertising. Our meticulously designed marketing materials, including a robust offering memorandum, enhance your business’s appeal.

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STEP #5

Bank Pre-Approval

We utilize our network of local and national lenders to pre-approve your business for financing, enabling us to pre-qualify buyers and present them with suitable loan offerings and programs.

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STEP #6

Listing

With your business ready, we bring your listing to market using three strategic methods:

  • Direct exposure to our existing buyer database.
  • Broad dissemination through our marketing channels.
  • Targeted outreach to potential synergistic buyers.
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STEP #7

Vetting Buyers

As interested buyers approach, we strictly maintain confidentiality while evaluating their suitability. We screen potential buyers based on industry experience, ownership intentions, and financial capacity, ensuring only the most suitable parties gain access to your business information.

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STEP #8

Under Contract

As offers start to flow in, our team of seasoned brokers aids you in navigating the negotiations, ensuring the best possible deal. Our team will guide you through every step from Letters of Intent, drafting Purchase Agreements, to managing Due Diligence and overseeing the closing.

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STEP #9

Due Diligence:

Once an offer is accepted the buyer will be granted an exclusive diligence period to verify all aspects of the business. They’ll have access to financial records and operations, reaffirming the claims about the business.

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STEP #10

Closing

After successful due diligence, the buyer and seller sign the final documents, and the funds get transferred, completing the transaction, and beginning the buyer transition into ownership.

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STEP #11

Seller Transition

Post-closing, you’ll help the new owner get acquainted with the business, its employees, vendors, etc., during a pre-negotiated transition period. This hands-on process ensures a smooth changeover, for passing on your business’s legacy.

Locations:

CORPORATE HEADQUARTERS

5032 S. BUR OAK PLACE SUITE 115

SIOUX FALLS, SD  57108

(605) 252-9520

TWIN CITIES

12800 WHITEWATER DR.

MINNETONKA, MN 55343

(612) 234-7396

DULUTH

2828 PIEDMONT AVE. SUITE C

DULUTH, MN 55811

(218) 830-2525

Business Hours

MONDAY - FRIDAY 8:00AM - 5:00PM

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Need some help?

Navigating the complex landscape of buying or selling a business can be challenging. At Meritus Group Business Brokerage, we are committed to providing personalized, expert advice and support to make the process seamless and successful. With a team of seasoned professionals, we offer tailored solutions to meet the unique needs and goals of every client. Contact us today to discover how we can assist you in maximizing your business exit.

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