Selling a business can be a complex process, and Murphy Business of Ohio works with you each step of the way to make things as simple as possible.

Getting Started

We start by collecting important documentation from you including tax returns, financial statements, and other pertinent information. We assess the specific characteristics of your company and determine how best to communicate those to a potential buyer.

Having well-organized financial documents will assist the potential buyer in:

• Obtaining financing
• Helping them understand how the cash flow of your business will impact their ability to pay back financers once they have taken possession of the business
• Helping them to understand their potential Return On Investment (ROI)

Every business is unique, and we will guide you through the process every step of the way and will help you to identify which documents are important for your business.

To help make the process as smooth as possible, consider gathering the following documentation right away:

• 3 to 5 years of federal income tax returns
• 3 to 5 years of year-end profit and loss (P&L) statements
• 3 to 5 years of year-end balance sheets
• Franchise Agreement (for franchise businesses)
• List of furniture, fixtures, and equipment (FF&E)
• Estimate of inventory value and/or work in process value if applicable
• Any existing leases including leased space, and any leased equipment
• Property records, taxes, and last appraised value if real estate is owned
• List of any business debts

Thinking of selling your business?

Contact us today for a complimentary consultation to discuss the value of your business and whether it’s the right time to sell. Call (614) 452-4060.