BUSINESS BROKERAGE
Business brokerage in commercial real estate is a service provided to facilitate the sale or purchase of a business that operates out of a commercial property. A business broker acts as an intermediary between the buyer and seller, helping to negotiate the terms of the sale and ensuring that all necessary documentation is completed correctly.
Business brokers are knowledgeable in all aspects of the transaction, including the financial and legal aspects. They can help sellers determine an appropriate asking price for their business, market the company to potential buyers, and identify potential buyers who are qualified and serious about the purchase.
Business brokers can help buyers identify businesses that meet their criteria and assist in due diligence. They can also help buyers secure financing and navigate legal or regulatory issues.
Overall, a business brokerage in commercial real estate plays a vital role in helping buyers and sellers of businesses navigate the complex process of buying or selling commercial property.
The primary functions of a business broker include:
- Valuation
- Marketing
- Negotiations
- Coordination
- Closure
Utilizing our business brokerage services can make buying or selling a business smoother and more efficient. YBiggs CRE provides valuable expertise and frees the business owner to focus on their day-to-day operations.
