East Coast Business Brokers

I bought my business through Joe and his company in 2015. There has never been a more honest, caring and detail oriented person than Joe. Do yourself a favor, work with Joe. It will be the best business decision you make in pursuit of your next one.

Jim Peck, Owner – On A Tear LLC

When using Joe Howell for a business acquisition, I found him to be honest,  hardworking, knowledgeable, and easy to work with.   I would highly recommend him for either selling a       business or negotiating the purchase of a business. 

- Steven M. Coppola, MS, PT, DPT - Coppola Physical Therapy

I have known Joe Howell for sixteen years.

Our relationship began on a professional level, and has progressed to a personal level as friends.  Having worked with Joe he is generous with his time and knowledge, and his core values are the thing that draw people to him.  At all times I have found Joe to be dependable, hard-working, conscientious, and honest.  In a business transaction Joe will first stand on principle to be sure that what is right takes place even if at personal cost to himself.  I would highly recommend him.

- Samuel J. Lewis  - RCI Solutions

Why use a Business Broker ?   -  Trying to sell a business on your own can be very difficult. Less  than 10% of business owners are able to sell their business on their own. Business Brokers are experienced in evaluation and marketability of businesses, thus greatly increasing the chances of successfully bringing a buyer to the table and having a smooth transition of ownership. 

What does it cost to use a Business Broker ?  -  The average Business Broker works off a commission structure, which means that only with the sale of business, does the broker get paid.      In order to determine if a business can be marketed successfully and at what price, a Business Valuation / Pricing Recommendation needs to be performed.   Depending on the size and complexity of this report the cost can vary between $1,200-$2,500.    Additionally, when   advertising a business,  most costs are absorbed by the Business Broker, however it is not unusual for a small retainer to be expected to offset these costs.   The retainer is usually deducted from the commission, if within one year,  there is a successful sale of a business.

How long will it take to sell my business ?  -  This is dependent on a number of factors :  Pricing - is it within reasonable bounds ? ;  Type of business - some business sectors are considered hot commodities ; Location ; Profitability ; etc .  However the average business sells in 9 months.

How do you value a business ? -  A business price recommendation is based on a number of factors :   Three years tax returns ; Equipment and Real Estate ; Current Industry Viability : Profitability , and other factors dependent on type of business.

Who decides the asking  price of my business ?  -  We will provide you with a recommended asking price, however the owner of the business will ultimately decide what the asking price will be.

We offer many businessesforsale we make Career Changes Possible - Are  you ready to plot a new course in life  ?     Give us a call.