Being among the leading technology business brokers in Orange County, Pacific Business Sales – business brokers is a major player in this field. Therefore, we are better positioned to sell technology businesses in Orange County. Our technology business brokerage firm based in Orange County has a long-standing history of successfully selling technology businesses.
A successful technology business broker not only sells businesses but also guides the seller and buyer through the acquisition process from the initial inquiry, through Due Diligence, financing, escrow and closing. Pacific Business Sales – busines brokers goal for our clients is to sell the business for the maximum value and best terms possible. You need a technology business broker like Pacific Business Sales to obtain the maximum value for your business, best terms and best outcome. We recognize the key factors that matter when selling a technology business. Our insights about the technology business market and valuaations across California enable us to do a comprehensive Market Value Analysis calculating the maximum value the business will sell for and qualify for SBA financing.
What You Can Expect From Our Technology Business Brokers
As technology business brokers in Orange County, we will walk you through the full process of selling your company, including marketing the business, buyer screening, negotiations, preparing & presenting the offer, due diligence, financing, escrow, closing, and transition preparation. Contact us for a Free Market Value Analysis of your technology company.
- Free Comprehensive Market Value Analysis of your business before you sign a representation agreement
- A smooth transaction process with our guidance step-by-step
- A comprehensive Offering Memorandum (prospectus, aka business profile) for your business providing Buyers with the details they need to make an intelligent decision about buying your business
- Featured Ads for your business and email blasts to the BizBuySell Buyer database + our email list of over 3,500 registered buyers
- SBA financing for the sale of your business. Typically over 90% of our transactions use SBA financing which means more cash at closing for the Seller and better financing terms for the Buyer. We work exclusively with SBA PLP (Preferred Lending Program Lenders)
- Our CPA, Financial Advisor, and Attorney affiliates/partners are available to assist you with tax planning, financial planning, Due Diligence support, and legal services if you require these services
Pacific Business Sales and business brokers offers your business a free, all-inclusive Market Value Analysis. We utilize a similar methodology and professional valuation software used by SBA Valuation Analysts. Our database of sold transactions has extensive sales data for each eCommerce business sale directly from an SBA closed transaction database. Through our company’s Market Value Analysis, trust that your SBA financing will obtain approval at a value recommended by us.
As the top technology business brokerage in Orange County, our ads always attract clicks. Our experience in the technology industry gives us the insight and experience to write captivating headlines and ad copy that catch the eye and generate more inquiries. We additionally feature all of our ads so that they appear towards the top of business for sale websites rather than buried among general ads.
One of the key components of a technology business broker Orange County firms is buyer screening. It is crucial to confirm the both the ability of the buyer to close and run the company. The demand for technology firms is very high. Our technology business broker Orange County practice has overwhelming inquiries for technology businesses. Our initial screening considers the buyer’s experience, financial position, and ability to close the transaction. After the initial screening buyers have a meeting with us prior to meeting with you the seller. Our first meeting with the prospective buyer is to learn more about them, their experience, provide them with a general overview of the business, and determine if this business is a good fit for them.
The journey to successfully selling a business starts with us. We have the expertise as a technology business broker spanning over 20 years. Therefore, we know what it takes to sell businesses at the right price. At our technology business brokerage in Orange County, we are the first to interact with potential buyers.
During our initial meetings, we seek to find the ability of interested parties to run the business. We are also keen to gauge their interest level and if they are committed to buying. After establishing a serious buyer, that is when we call for a meeting between the seller and buyer.
As technology business brokers in Orange County we address important issues in the initial meeting with the buyer. The initial meetings between buyer and seller may take place through zoom. The parties will meet in person at some point for purchasers who choose to move forward.
The CABB (California Association of Business Brokers) Purchase Agreement contains stipulations for the seller and buyer due diligence, a contingency for both parties. During Due Diligence buyer examines the entire company to ensure it is running well and stable. We facilitate due diligence by helping both parties through the entire process and keeping it on track.
This is a crucial stage in selling Orange County technology companies. During the due diligence process, the buyer and their CPA will assess the company’s tax filings, bank statements, and profit and loss statements, among other records, to verify the earnings and revenue.
Due diligence for the the seller is an evaluation of the buyer’s resume, bank pre-approval, credit score, and financial ability. Our able team is led by Bill Grunau, with over 20 years of experience selling technology businesses.
After finalizing due diligence and eliminating due diligence contingency, Escrow is opened.
At Pacific Business Sales, the privacy of sellers and confidentiality of the pending sale is paramount. Our technology business brokers Orange County, creates general ads about business that do not disclose the location, business name, or details that would identify the specific company. Prospective buyers do not get any details or confidential information about your company until they have signed an NDA and provided a Buyer Profile. They must complete the buyer profile indicating their financial status and creditworthiness.
Our marketing is proactive in that we send New Business for Sale email marketing blasts to our internal buyer database as well as the BizBuySell.com buyer database. Our buyer database is over 3,500 registered prospective buyers that have signed up to receive our New Business for Sale update. We also send new technology business for sale emails to the BizBuySell.com buyer database to buyers that have expressed interest in your industry and area.
The CIM (Confidential Information Memorandum) is the prospectus or marketing brochure for your company. Pacific Business Sales – business brokers creates a comprehensive CIM for each business we represent and take to market. The CIM is critical because after a buyer inquires and signs the NDA, this is their first look at the business, this is the buyer’s sales brochure. We believe it is critical to provide buyers with a comprehensive CIM about the company so they can make an intelligent decision about if this company is right for them. The CIM must convey the company’s strengths, opportunities, history, infrastructure, and financials.
Our CIM for all our tech companies for sale includes the following:
- A summary of your business services and or products
- Your company history
- The business reorganized information financial statements.
- The staff roster of your company
- A list of equipment in your business
- The SBA financing structure model
- The SBA lender pre-approval letter
- At this point, everything is set to prepare an offer.
Pacific Business Sales is a member of the California Association of Business Brokers (CABB) and we use the CABB Purchase Agreements for all of our transactions. These agreements have been developed by a team of attorneys and business brokers over many years and are updated frequently. We use the CABB Asset Purchase Agreement and CABB Stock Purchase Agreement along with the CABB Buyer and Seller Disclosures.
Our firm is experienced in both Asset Sales and Stock Sales. The form and structure of the transaction depends on a number of factors and we will recommend the most appropriate transaction structure for your company.
Our Orange County tech business broker will negotiate with the buyer, prepare the offer, and then present-review it with you. If a counteroffer is necessary, we will prepare it with you and present it to the buyer.
Once the offer is signed by buyer and seller the next step is Due Diligence.
Pacific Business Sales, a highly reputable technology business broker firm, has a track record of 90% SBA financing in its transactions. SBA financing translates to more cash at closing for our sellers and with SBA financing you are not required to finance the sale using a seller note.
We work directly with SBA PLP (Preferred Lender Program) banks that have experience in financing technology business acquisitions. Through our experience in financing technology business acquisitions we thoroughly understand the SBA lender’s underwriting requirements, approval process, and closing process.
SBA financing can be up to 90% of the transaction with a 10% buyer down payment for qualifying buyers and businesses.
Technology Businesses we’ve Sold
Pacific Business Sales – business brokers has successfully sold technology businesses throughout California including ecommerce, software companies, software-developer coding school, IT Security, and other transactions. Having accumulated experience as a technology business broker, we are the business broker of your choice.
Electronic Recycling & Resale Distributor
Licensed Vocational School, Software Developer/Coding Bootcamp
Certified IT Security Audit Company, $319k sales, $195k DE, SBA financing
Industrial Electrical Systems/Controls Contractor
Industrial Equipment Manufacturer
Military/Industrial Equip Mfr $1.4 M Sales, $181K DE
FAQ’s For Selling Your Orange County Technology Business
Discretionary Earnings or DE and EBITDA are common earnings terms used frequently in business sales, but what exactly do these figures mean and how are they calculated?
Taking steps in advance to prepare to your business for sale can increase the value of the company as well as reduce the time it takes to successfully sell your business.
If you are working with a professional Business Broker in Orange County they will guide you through the process and advise you on how to prepare.
Generally, there are two forms of financing for the sale of a business in Orange County and other areas, 1) an SBA loan or 2) a Seller Note. The combination of both is used quite frequently.
Developing an Exit Strategy is the best proactive action you can take as a business owner to build your business and increase the value for the eventual sale of your business.