Navigating through the process of buying and/or selling a Healthcare Agency can be tiresome but we’re here to help make it less stressful.
Frequently Asked Questions
1. What is your typical Engagement Period with a new Seller?
The Engagement Period pertains to the number of days we can actively showcase your business not only on our 30+ Websites, along with having our knowledgeable team of advisors calling our contacts spread across the United States and our vigorous marketing campaign. This period is typically set at 180 days and can be negotiated if desired but not less than 60 days.
2. Is your Commission fee negotiable?
It varies on a case to case basis. If you feel a different fee should be applied please discuss this with our team of Advisors prior to authorizing your agreements.
3. If I sell my company to a friend or someone you didn’t introduce to me; do I still owe you the commission?
No, we are only paid upon a successful closing that involves a buyer we introduced to your company. Should a buyer come to you that were not introduced through our firm to you; you are not obligated to pay our commission. We are a success-only fee where you only pay our fee should we introduce you to the buyer that ultimately purchases your business.
4. If a Buyer presents me with an offer, do I have to accept it?
No, we will discuss with you what your goals are the ‘perfect offer’ and aim for this, however, should a buyer present differing offer we will discuss it with you and negotiate the details should you wish to do so. You are never required to accept an offer.
5. Why do I need to sign a Non-Disclosure Agreement if I am selling my business?
We request all clients, buyers or sellers, authorize a Non-Disclosure Agreement to ensure the utmost attention is provided to protecting our sellers privacy.
6. What if I want to list with other Brokers? Can I do that?
Yes, if you are wishing to work with more than one broker please request a Non-Exclusive Engagement Agreement. This will give you the ability to work with as many brokers as you desire. However, should another broker introduce a buyer to you that we have already discussed your business with you will need to advise the 2nd broker of this to avoid multiple broker fees.
7. How long will it take to Sell?
This varies depending on many factors but a majority of our sellers find the perfect buyer and reach the closing table within 4-6 months of their initial listing time.
8. I don’t want my staff to know about the sale, is this possible?
Certainly! Most individuals looking to sell their company want to keep the details to themselves until they reach a certain point in the process. We will not leave a message on a company phone or email – we strictly use lines of communication you provide us that will ensure your staff and clients are unaware of the sale.
Have Additional Questions?
Feel free to contact us and we’ll be happy to help!