Expand your corporate footprint through acquisitions, we represent Publicly Traded, National Privately Owned and Regional Strategic Buyers not only in Eastern North Carolina but Nation Wide.
Interested in buying a business? Or acquiring a bolt-on to your Corporation? If you are, we can aid you in your buyer-directed search. Our team assists individuals and corporations looking for acquisitions by combining in-depth knowledge of business, market knowledge, insights, hustle, experience handling complex transactions, not to mention our many relationships and contacts in Eastern North Carolina; this all sets us apart from other firms. Our brokers become advisors to your business and functions as an important member of your team, enabling you to achieve your goals. Our Closing Rate is 3-4 Times the Industry Average: At Murphy Business & Financial of the Carolinas, we close 80%-85% of businesses we market. In the industry where a mere 20-30% of the businesses marketed ever sell, our closing rate is 3-4 times that amount.
Services that we offer:
Business Qualifying
- Work with buyers to help target the type of businesses that best fit their strengths
- Determine a list of acquisition criteria based on input from the buyer
- Compare and contrast different industry types
Business Search
- Inquire from our contacts and network of business owners for businesses available for sale
- Contact all brokerage firms in the area to identify businesses for sale
Advanced Buyer Search
- Generate a list of companies using internal technology suite and from the buyer that fit the buyer’s criteria
- Send out a mailer to the list of companies that we identify
- Provide a list of potential targets to buyer
- Follow up with personal phone calls to the identified companies
- Follow up on those companies with an interest and make a site visit to ensure there is a match. (if applicable)
Business Valuation
Perform a business analysis of all opportunities that have been identified as potential business acquisition targets. Our business analysis uses standard financial modeling formulas.
Preparation of Initial Offers on an Identified Business Acquisition Target
Upon selection of a suitable business acquisition target, we will help prepare preliminary offers on the business. A successful transaction is not only measured by the sale price but more importantly the deal structure. We can save buyers thousands of dollars by creating the most beneficial offer in terms of financing, deal structure, tax implications, etc.
Negotiations
Throughout the sale process, there will be ongoing negotiations that may not be covered in the preliminary offer such as training, an assumption of liabilities, office leases, payment terms, etc.
Introduction to Professional Services for Due Diligence
Once a deal is close to being consummated if needed Murphy will introduce the buyer to professional services firms that are experts in the area of business transactions which are also cost-effective. The areas of services include, but are not limited to:
- CPA
- Attorney
- Banker
- Insurance
- Human Resources
Bank Financing
As part of this service, we will introduce buyers to bankers and take them from the initial bank application to the ultimate closing and funding of the transaction. Obtaining bank financing can be more difficult than the actual business buying process itself, we can assist.
Buying a Business with Murphy in Eastern North Carolina (NC)
We match our clients with the best business for sale by utilizing over one hundred and fifty Murphy Business offices nationally, as well as affiliations with National and International Business Brokerage and Merger & Acquisition associations. These global affiliations give us access to thousands of businesses for sale, many of which are never publicly advertised, giving you the maximum number of candidates when buying a business. All of our professionals have owned or managed a business in the past, which gives us a first-hand experience to help pilot clients through the process of how to buy a business.
Why Buy a Business in Eastern North Carolina (NC)
Our franchise has an entire network work with us to support your buying opportunity. Including:
- Negotiation expertise
- Location knowledge
- Expert facilitating ability
- Knowledge of the market and comparable possibilities
- Business Expertise
How to Buy a Business
Buy a business with confidence. Our proven system and process for clients looking to buy a business provides more than just a successful transaction, but a business acquisition that helps the client achieve their financial and personal goals. The Eastern North Carolina Murphy professionals are a full-service business brokerage that will answer all your questions on “How to Buy a Business”.
First, our professionals will thoroughly evaluate your purchase requirements and perform a Business Search. Next, we will present a list of qualified candidates that meet your needs. Our valuation experts will then establish fair market value of any business for sale, to ensure you receive the maximum value for your expenditure. If needed, we can use our banking contacts to assist you in financing traditional loans. Murphy will continue to offer you guidance through closing, the end of the buying process.
Locations we Specialize in
The Eastern North Carolina (NC) office has beneficial connections in Greenville, Fayetteville, Wilmington, Jacksonville, Rocky Mount, New Bern, Wilson, Washington, Elizabeth City, Nags Head, Kill Devil Hills, Duck, Kinston, Goldsboro, Havelock, Lumberton, Tarboro, and surrounding areas.
Testimonials
“Tully Ryan and his team at Murphy Business could not have been more professional and instrumental in our pursuit of owning our own business. For my partners and I, this was our first venture into business ownership so we had many questions throughout the process. Tully was always available to answer these questions and was instrumental in helping us apply for and acquire funding. Being military veterans we understand the true importance and value in capable teammates, how it inspires confidence in accomplishing a mission or task. Being our first experience with purchasing a business my partners and I were understandably nervous and hesitant about the endeavor. The professionalism and knowledge displayed by Tully and his team help assuage those concerns tremendously. It’s been a little over a year since we purchased our business and we could not be happier with our success so far. I have full confidence in Tully and his team and would recommend them to anyone.”
David Therrell
THL Enterprises, LLC