Welcome
Western Business Group Inc. is a full service business brokerage firm offering confidential, professional and effective service to our clients. We are affiliated with the Business Brokers Network (BBN), the nation's largest and most successful network of business brokers with over 450 affiliate brokers across the United States. Through our local and national database and network, we are able to provide our clients with maximum exposure. We are confident that we can sell your business.
Western Business Group Inc. specializes in providing customized services for both sellers and buyers, tailored to enhance the fair market value of each business. We will work with the business owner to:
* Our primary function is to sell your business.
* Develop a confidential business profile.
* Develop a confidential offering memorandum.
* Complete a market valuation analysis.
* Complete a business valuation summary.
* Complete a confidential business outline.
* Develop a step by step marketing plan for the business.
These services are focused on businesses that are valued in the $300,000 to $5,000,000 range and, because of the vast business expertise within the BBN affiliate network, encompass virtually all industries.
OUR SERVICE AREA:
We focus on businesses in Northern California. Our business is headquartered in San Mateo, CA and we operate nationally as an affiliate of the Business Brokers Network (BBN).
KEY PERSONNEL:
David Adragna, the principal of Western Business Group Inc., understands the perspectives of both the buyer and the seller as he has purchased and sold many businesses in his professional career. Most importantly, he has a passion for helping people to live a part of the American dream through starting, building and selling their own business.
Prior to graduating from Golden Gate University with a MBA, David received a Business Degree from San Jose State University. He has over 25 years of hands-on experience in private companies and has extensive experience in management of multiple business units. In addition to extensive Operations experience David has also functioned as a Chief Financial Officer and uses that expertise in evaluating businesses. He is recognized for aggressively leading change in the business world with a reputation for the creation and execution of sales and marketing initiatives, integration of acquisitions and the development and implementation of profitable business plans.
Sell Your Business
Your business isn't just any business. It is a living monument to late-night homework and early-morning deadlines. It is an accumulation of sweat, equity and lifetime achievement.
Therefore, the decision to sell your business is one of the most important decisions of your lifetime. Turning your operation into cash is a complex matter involving a number of variables, many of them unique to your business. Additionally, you're likely to face an uncertain economy, unbridled competition, and sophisticated buyers. We provide competent and experienced professional guidance, so you will not be facing them alone.
Business sales intermediaries have professionally orchestrated hundreds of business sales transactions.
With our nationwide affiliation, our members business offerings are regularly presented to numerous potential domestic and international buyers looking to relocate to your area.
Consider the Facts:
One out of five American businesses change hands each year.
The vast majority of all business sellers are first-time sellers, unprepared to meet the complexities and time demands of a business sale transaction.
"Do-it-yourself" sellers typically receive considerably less than the fair market value of their businesses.
Over 50% of all small-to-medium sized business sales arranged by sellers without professional assistance result in transactional problems, dissatisfaction, default or in court.
Today's business buyer demands reliable financial and operational information that cannot only be confirmed, but also documented and verified.
Western Business Group specializes in business sales and acquisitions of firms ranging in price from $500,000 to over $10,000,000. We have sold virtually every category of business and invite your review of our performance by contacting our office. We are selective and are highly successful. We are fully prepared to represent those clients who have a desire to see the continuing success of their business under the guardianship of a new owner.
Fee Basis and Policies:
For the most part, fees are earned on a success basis and are normally paid at the closing. If they are not, then you will be advised in advance of what the costs will be. Our fee agreement will be fully discussed with you prior to any commitment on your part.
For more information please visit our "Selling A Business" page.
Buy Your Business
The vast majority of all business buyers are first time buyers, unprepared to meet the complexities of a business acquisition. However, whether you are considering your first acquisition or are a seasoned investor, you can look to us for assistance in every phase of the transaction. The following, therefore, summarizes the key elements of the business acquisition process as professionally conducted by our office.
Initial Meeting -
Objectives, Needs and Requirements Review:
In preparation for our initial meeting, the business buyer should complete our Buyer Response Form. After completing the form, the buyer will email us the information, or may print the confirmation page and send via fax. This information, along with our subsequent discussions relating to the buyer's personal goals and objectives, will provide an appropriate starting point to the process. A detailed search of our large listing inventory enables us to develop a selection of "target" businesses for the buyer's review.
Review of Acquisition Alternatives:
We make every effort to provide the buyer with pertinent information on a target company's financial performance, staffing, facilities, equipment, lease, inventory, customers and market areas served. This information is where our professional edge makes a difference in a successful acquisition. In most cases we will have tax returns, customer lists, etc. for confirmation. If we cannot provide verification of information given to us, we will advise you accordingly.
When the various business names are disclosed, you will be required to sign a standard "Confidentiality/Disclosure" form. In most cases, this is required by the business owner.
For more information please visit our "Buying A Business" page.
David Adragna