The NYBB Group, formerly New York Business Brokerage was started over 15 years ago as a typical Main Street Business Brokerage operation but over that time has evolved to a firm with national services and capabilities that has been effectively closing sell-side and corporate acquisition transactions in the lower mid-market.
In the last 10 years our managing partners and associated business intermediaries have developed exceptional technical skills, earned leadership positions with various associations in the mergers and acquisitions industry and has established a solid track record of successful business sales in the lower mid-market.
If you have a business for sale, The NYBB Group can confidentially and professionally manage all phases of your business transfer. We can help determine your business’s value, create a comprehensive marketing plan to attract qualified buyers, and negotiate on your behalf to maximize the price and terms of your transaction.
Should you desire to acquire a business we can walk you through the entire process of purchasing a business and provide you with a number of educational resources for information on financing a business, due diligence, business valuation, market trends and more.
If you would like to meet with a M&A Advisor to discuss any aspect of buying or selling a company, feel free to call us at 1-631-390-9650 to schedule a free, initial consultation. Please be assured that all communications will be held in strict confidence.
Our Sales Process
The NYBB Group is uniquely qualified to sell your business. Our highly effective sales process is comprised of the following premium brokerage services:
During the initial consultation, we will determine your goals objectives and reasons for selling. We will then explain our services, capabilities and the details of our representation. Lastly we will gather information to provide you with a formal proposal, engagement letter or listing agreement.
Business Valuation and Operational Analysis
We start by analyzing and recasting your financial statements. Then use our years of experience and valuation training to provide you with a highly credible Brokerage Opinion of Value (BOV) and Most Probable Selling Price (MPSP). Next, we perform a detailed operational analysis that will provide buyers with an accurate description of the benefits and advantages of your business.
Comprehensive Marketing Plans
Your business will receive maximum exposure to a targeted audience across media platforms:
Customized Marketing Materials
We develop a general summary that is custom-designed to generate interest in your business through our online, print, direct mail and database marketing programs. In addition, we produce a Confidential Business Review (CBR) that provides screened and qualified buyers with the financial and operational details of your business. The CBR is a source document for your business and is relied upon by the purchasers and their advisors to substantiate and support the rational for acquiring your business.
Buyer Screening and Qualification
We require all prospective buyers to sign our Confidentiality/ Non-Disclosure Agreement. This agreement prohibits them from contacting anyone associated with your business and from releasing information about your company to anyone other than their professional advisors, who are also bound by the agreement. Buyers are also required to fill out our Business and Financial Profile. This profile provides information on the buyer’s employment history, financial status and the type of business they are seeking.
Since 2003, The NYBB Group has been dedicated to serving our clients with professionalism, integrity and confidentiality. As an innovative leader in the Merger & Acquisitions and Business Brokerage industry, we continue to raise the bar by demanding the highest standards of our entire firm. Our commitment to professional development, customer service excellence and world-class marketing serve to support our goal: The Successful Sale of Your Business
Our commitment to professionalism is demonstrated by the rigorous standards that we have set for our team. Our business intermediaries are strongly encouraged to earn and maintain the Certified Business Intermediary (CBI) designation from the International Business Brokers Association (IBBA)*. The CBI designation is internationally recognized as the gold standard in education for business intermediaries and is your assurance that you are represented by ethical individuals who have exceptional technical knowledge and a track record of success. Our team combines this specialized training with years of real world experience in business ownership, law accounting, marketing and sales management.
Our firm strictly adheres to a code of ethics and standards of practice established by the IBBA and the New York Association of Business Brokers (NYABB). The NYBB Group is quickly becoming recognized as the most trusted name in the business transfer industry because of our uncompromising dedication to these principles.
We employ the following techniques to guard the identity of your business and safeguard sensitive information:
Valuation and Pricing Expertise
You have worked long and hard to build your business. When it comes time to sell it is essential to partner with experts who can guide you in establishing its maximum selling price. We receive the most current training available on valuation and pricing methods through the National Association of Certified Valuation Analysts (NACVA) and the IBBA. We combine practical experience and local market knowledge with our technical expertise to determine your business’ true earning power.
World-Class Marketing Programs
Our marketing programs are among the most aggressive and comprehensive in the industry. We provide your business with extensive exposure using proven professional marketing strategies including premium internet listings, custom print advertising, highly targeted direct mail campaigns, in-house and industry buyer database searches and cooperative brokering. To maximize the impact of your marketing program we track the results, adjusting your program to focus on the most effective methods. Our ultimate marketing goal is to secure multiple buyers who will compete for the acquisition of your company.
Customer Service Excellence
The driving force behind our ability to deliver outstanding results is an unwavering commitment to customer service. Our administrative support staff efficiently handles multiple ongoing functions such as database management , customer service support and transaction coordination. Their all inclusive abilities allow our business intermediaries to focus on their core responsibilities of working directly with you and the prospective purchasers to achieve a successful outcome. You will find that we are highly responsive and always available to provide you with thoughtful support and guidance.