Services
The service we offer is professional, streamlined and not only protects the seller, but also assists the buyer in going into the deal fully informed and with the tools to ensure the business continues to succeed.
Our service consists 50% of finding a willing buyer and then 50% in finding the right buyer who will be the perfect fit for the business. We ensure that the sale goes through in a mutually beneficial way, as well as in the most efficient way possible.
We make use of three different methods to evaluate a business to ensure accuracy and that the value we arrive at is market-related and results in a fair asking price for the business.
Conducting due diligence reduces the risk in any investment decision. It involves understanding a business, looking at the business’ financials, looking at stock levels, comparing financials and profit over time and looking at the industry the business is in while reflecting on the current economic conditions in South Africa and how this will affect the business.
An experienced LDP Business Sales broker will collate all the information gathered during the due diligence process including financials, employees, stock, assets, the industry outlook, number of employees (if applicable) and the asking price for the business.
The business will be listed on various online platforms as well as LDP Business Sales website for maximum exposure.
The LDP Business Broker will ensure that all potential buyers are prequalified and that they are a good ‘fit’ for the industry and business they want to acquire. This way, LDP Business Sales Brokers only bring serious buyers to the seller, who are able to buy the business and who truly understand the intricacies of the business that they intend to buy.
Once prospective buyers are whittled down, the business broker will then ask the potential buyer to sign a Non-Disclosure Agreement (NDA). Once the NDA is signed, the LDP Business Sales broker will present the prospectus to the prospective buyer, containing details about the business for sale.
One of the conditions that LDP business services specify when the OTP is signed, is that the potential buyer conducts their own due diligence on the business that they want to buy.
Business viewings will only be conducted with serious buyers, who have signed an NDA.
All necessary documents will be signed by both parties in the presence of the LDP Business Sales attorney and all formalities finalised. Stock will be checked, and a formal handover will be made.