SELLING A BUSINESS IN
BLOUNT COUNTY?

SELLING A BUSINESS IN BLOUNT COUNTY?

Guided, Professional Help For Buying or
Selling Your Business

Guided, Professional Help For Buying or
Selling Your Business

What Is My Business Worth?

Simply fill out the form below and one of our business advisors will be in touch to discuss your business further.

SELLING A BUSINESS IN BLOUNT COUNTY?

The decision to sell your business is one of the biggest financial decisions of your life. It’s important to have a trusted resource to guide you through the complexities of the selling process – Transworld Business Advisors is here to help. 

Our experienced business brokers proudly serve the Alcoa, Maryville, and surrounding Blount County areas.

Looking to retire or preparing to make the transition into your next business venture? Call and speak with an advisor today!

SELLING A BUSINESS IN BLOUNT COUNTY?

The decision to sell your business is one of the biggest financial decisions of your life. It’s important to have a trusted resource to guide you through the complexities of the selling process – Transworld Business Advisors is here to help. 

Our experienced business brokers proudly serve the Alcoa, Maryville, and surrounding Blount County areas.

Looking to retire or preparing to make the transition into your next business venture? Call and speak with an advisor today!

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WHAT IS MY BUSINESS WORTH?

How much is my business worth? This is one of the first and most important questions all of our clients ask us. It is the first thing we’ll need to know before selling your business. 

We offer business valuations for those making the choice to work with us to sell a business in Blount County. Together, we’ll take a close look at your company to evaluate the highest possible selling price we know will go quickly to the right buyer on the market

CONNECT WITH US

40+ Years Experience

600+ Business Brokers

250+ Offices Worldwide

10,000+ Businesses Sold

ABOUT TRANSWORLD

Our award-winning, professional, experienced business advisor network are the trusted business experts in the Blount County area. We have the guidance and support you need to sell a business, buy a business, or are looking for franchise opportunities.

For over 40 years we have been providing a turnkey solution for entrepreneurs looking for their first, next, or last step of entrepreneurship. Equipped with a global network of business brokers, we get your company in front of the right, serious buyers when you’re looking to sell a business in Blount County.

Learn more about Transworld Business Advisors here.

Best Business Brokers Knoxville Transworld

5-STAR GOOGLE RATING

WHAT OUR CLIENTS ARE SAYING

Daniel R.
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I highly recommend Transworld and Doug Kose. Doug guided me through the entire process of selling my business from start to finish. I really appreciated the amount of communication and advice I received throughout the process. If your looking to sell a business or buy one then Doug and Transworld is the way to go!
Michael G.
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Professional and easy to work with. I would recommend Transworld Business Advisors to anyone looking to buy or sell a business.
Paul S.
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Doug at Transworld Business Advisors of Knoxville did an amazing job getting my business sold! Through the entire process, Doug was patient, professional, and thorough. Often I was told by perspective buyers that his marketing presentation was the best they had seen. Definitely give Doug a call if you are looking to sell your business!
Chris C.
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Working with Doug was a pleasure. He made the process easy and straightforward. I would highly recommend their services.
Tim S.
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Drew Rutherford is the choice of champions. Absolutely recommend Transworld and their staff. Excellent.
Tiffany W.
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Doug Kose has a track record of success in providing stellar options to buy or sell a business. If you need exceptional guidance through business transitions, Doug would be your go to guy to make that happen. Highly recommend his skill set, dedication to his clients and finding the best opportunities for his business clients.
Norma K.
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Doug has an amazing work ethic! He really cares about his clients and does his best to get the best for them! Doug adds a personal touch by helping fit you into a business that works for you.
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READY TO SELL YOUR BUSINESS?

Speak With An Advisor

FAQ

Frequently Asked Seller Questions & Answers

Confidentiality is, perhaps, the most critical issue for a business broker. Virtually every business seller doesn’t want his employees, customers or vendors to know that his business is for sale. Transworld is very cognizant of this fact and in every step that we take we emphasize confidentiality.
There is a great deal of variation in the time frame, but, if we had to pick an average time, eight to nine months may be close. While this may sound like a long time, all of the facets of selling a company, including listing the business, finding buyers, interviewing buyers, writing contracts, due diligence and finally the closing process are all time consuming.
Transfer of the lease is crucial to the success of the transaction. It will be almost impossible to consummate a deal unless the lease can be transferred. Leases will have a clause that defines the landlord’s rights regarding transfer. Frequently the seller will be required to remain as a guarantor of the lease and often there may be a charge by the landlord for the transfer.
This is a difficult one, it is very, very difficult to prove to a prospective buyer that you have earned income that has not been reported. The only suggestion here is if you are not reporting income stop right now and maintain accurate records including all income. There are some businesses that do sell in spite of this fact.

Transworld has no upfront fees. We will analyze your company and go through the entire process with no cost to you. Your only obligation is when we find a buyer for your business. We traditionally receive our payment at closing.

The analysis of your business’ value or worth is another crucial function of the business intermediary. “The Market” makes the final determination of value. At Transworld, we have tremendous experience in valuing almost any business. Our estimates of value are not “certified business valuations” although we can provide this service for a fee. However, our experience and volume of comparable businesses allows us to give the business owner a very good estimate of value.

This can be handled in many ways. Often the property is sold as a separate listing. However, the company owner will frequently retain the property, obtain a long term lease and earn an ongoing cash flow stream. Also, the property can aid a buyer’s ability to finance the business.

Most small businesses are sold with the seller retaining cash and accounts receivable. A working level of inventory is generally granted to the new owner.

Most often, the company is sold free of all debt. This means that the former owner will be responsible for accounts payable as well as all long-term debt.

The lack of good business records is the single most common reason for a business sales deal to fall apart. We can’t emphasize enough the importance of maintaining good books and records before selling. This includes accurate financial statements, cash register receipts or whatever records are necessary to prove income and expenses. Of course, current tax returns are a must. However, we are used to selling businesses that may have less than adequate records.

Today, no later. Even if you think you are not ready to sell your company right now you can’t start preparing too early. One of our experienced agents will be more than happy to meet with you to help you to start thinking about your exit strategy.

Buying or selling a company can be a complicated venture. While some companies are sold without the help of accountants and attorneys, we strongly recommend that both the buyer and seller engage professionals.
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