Clear Choice Enterprises, LLC

The Clear Choice for Selling Your Business, Confidentially!

Questions to Ask Potential Brokers

Below you will find a list of questions you should be asking any broker or agent you might potentially work with. You can see our answers and how we are the Clear Choice.

  1. How do you sell, Confidentially?

    • Clear Choice Enterprises, LLC will never put a sign in front of your business.
    • The marketing material will not have your business name or any information that will let buyers know who you are. In fact, we let you review all marketing so you can be sure what is available for buyers to see.
    • Non-Disclosure and Confidentiality agreements are put into place before buyers ever get any confidential information.
    • Only qualified buyers that could move forward receive confidential information so you can be sure only a select few ever know about your business being sold.

  2. How do you qualify buyers?

    3. Continue reading “Questions to Ask Potential Brokers” »

Well Established Car Wash for Sale

Well Established Car Wash
Financial Information
Asking Price: $595,000
Gross Income: $194,372
Cash Flow: $33,190
FFE: included in asking price
Inventory: included in asking price
Business Description

Well established car wash with updated and well maintained equipment. Great location on busy highway near residential areas. The good reputation it has has kept this business going for over 40 years.

Facilities: 41 year old block and vinyl building on commercial property that was originally built for the car wash so the layout is just right. Real Estate is included in the asking price. All utilities available plus the option to recycle the water.

Reason for Selling:Employment Relocation

I want to Learn More about this Business

Well Established Beer Distributor For Sale

Great Recent Growth
Financial Information
Asking Price: $328,600
Gross Income: $692,000
Cash Flow: $40,000 to $75,000
FFE: Included in asking price
Inventory: $40,000 included in asking price
Business Description

Well established beer distributor. Current owner has grown it over the past year by adding product and providing great service. Inventory of $40,000 included in asking price. Equipment has been upgraded including forklift. Updated POS system that has great record keeping abilities to allow you to see how the business is running on a daily basis. Cash Flow will depend on the number of employees you have. Contact me today to learn more about this business.

Facilities:Over 3,000 sq ft of space to utilize

Reason for Selling:Dream Business Opportunity for Seller

I want to learn more about this business!

Why Confidentiality Matters

Confidentiality should be as important to the buyer as it is the seller. The reasons are mostly the same for each. Confidentiality is important so that the business stays operating the same as when it is listed. Without confidentiality, there is a chance of losing customers, contracts, and employees.

Some customers have been going to the same businesses for years. This may be because they enjoy the owner and the employees. Sometimes a new store can open up that is closer but the customer still goes to your business. This is the best customer to have because of the loyalty. If this customer finds out that the business is for sale, they just might start going to the more convenient store. They do this because they think the new owner is going to change the atmosphere or not be as friendly as the current owner. Also, if you have long time customers that haven’t shopped around for more cost friendly products or services, they may consider doing this when they find out the business is for sale because they don’t feel a need to be loyal to the new owner. If everything is confidential, then the customer will not find out and the new owner can start to build relationships with the previous owner so that things remain similar. This helps keep current customers which helps the new owner. Continue reading “Why Confidentiality Matters” »

Seller Discretionary Earnings

What are seller discretionary earnings?  Seller discretionary earnings (SDE) is a figure that is used to help value a business using multiples.  It is also called Cashflow.  Seller’s discretionary earnings is defined as net income before the primary owner’s compensation, other discretionary, non-operating, or nonrecurring income or expenses, depreciation, interest, and taxes.  How do you figure it out when you are looking to buy a business?  Well hopefully the business summary has it well explained but if there is no broker or no summary that explains it, how do you figure it out? Continue reading “Seller Discretionary Earnings” »