Costs Related to the Sale of a Business
Here are some of the likely fees involved in selling a business:
Legal/Solicitor costs these can vary tremendously. It's vital to work with commercial solicitors with the relevant experience as business transactions can be very intricate and detailed.
We work closely with several national solicitors who have the commercial expertise and provide a professional service with reasonable charges.
Taxation liabilities dependent on your personal circumstances. Your accountant is in the best position to advise you on this matter. Alternatively we can put you in touch with professional accountancy practices that provide specialist taxation services.
Stock takers the cost for this is normally shared between the vendor and the purchaser. Costs tend to be a small proportion of the transaction value. We work closely with an approved national association whose fees are reasonable.
Landlord costs these are normally paid by the ingoing tenant or purchaser in the case of leasehold businesses.
Agent's commissions our fees are dependent on how quickly we feel we can sell your business, and are mainly results oriented.
Energy Performance Certificate Most businesses will need an energy performance certificate which has to be made available to any potential purchasers. We can recommend a professional and national company from whom you can obtain an EPC quote.
The fees requested for our services vary and depend on the type of package selected. We're told our fees are neither the cheapest nor the dearest, but extremely competitive when you consider our marketing presence and the value of services provided.
Our innovative and politely aggressive approach to selling businesses has enabled many owners to exit successfully.
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