Let your business continue to thrive as you enjoy a new path in life
Are you thinking it is time to move on from your business?
Don’t close your doors just yet. If your business is thriving but you’re ready for a change, consider selling it instead. Our expertise in business acquisitions makes us the perfect partner to take over and continue the legacy you’ve built. When you’re ready to move on, retire, or explore new industries, we’ll ensure a seamless transition that preserves your business’s heritage.
So you've decided to sell?
We understand that this decision comes with a myriad of questions and concerns. Here are just a few examples:
- How do I determine the value of my business?
- Where can I find potential buyers for my business?
- What is the typical timeline for selling a business?
- When is the optimal time to sell my business?
- Should I engage a broker to assist with the sale?
- What preparations are necessary to make my business market-ready?
- What information should I disclose to potential buyers?
- How can I ensure the confidentiality of the sale process?
- How do I negotiate the sale price and terms effectively?
- What are the tax implications associated with selling my business?
- How can I facilitate a smooth transition of ownership?
- What happens to my employees and customers post-sale?
Rest assured, these are all common questions that arise during the process of selling a business. While each business sale is unique and may present its own specific concerns, there is one particular challenge that every business owner should address before listing their business for sale.
Although it’s an unpleasant truth that many in the industry prefer to ignore, it’s a critical issue that can lead to immense frustration for business owners.
Regrettably, the reality in the USA is that less than 1 in 10 businesses placed on the market are successfully sold. This equates to a mere 9% success rate, which is disheartening.
What’s even more disheartening is that a significant portion of these businesses never find buyers, ultimately leading to their closure. As a consequence, many business owners never realize the full value of their hard work and dedication, essentially erasing the legacy they’ve built. Moreover, this unfortunate outcome leaves loyal employees, who often feel like family, without employment.
But is this truly the end of the road?
There is a better way...
When it comes to selling a business, many owners naturally seek assistance from brokers due to their expertise. However, it begs the question: Is relying solely on a business broker truly the optimal choice? Let’s delve deeper:
“If brokers were the ultimate solution, why do only 9% of businesses find buyers?”
The reality is that not all brokers are created equal. While a select few are highly competent, the majority lack firsthand experience as business owners and possess limited insight into the intricacies of evaluating a company. Consequently, some brokers may overstate valuations (sometimes intentionally) to secure business listings, leading to months of stagnation with few or no qualified buyers.
Consider these additional statistics that shed light on the current state of the industry:
- The average broker successfully closes only 1 in 20 deals (a mere 5% success rate).
- The average broker’s tenure spans a mere 17 months.
- Remarkably, 63% of a broker’s revenue stems from listing fees, emphasizing that many prioritize listing businesses over selling them.
Please note: We do not intend to discredit all brokers. There are genuinely talented individuals among them, although they represent a scarce breed. The number of exceptional brokers is surprisingly limited.
About Us
We understand what it means to be a business owner because we are business owners ourselves. We’re not brokers or venture capitalists; we’re entrepreneurs who are passionate about the world of business. Acquisition is at the heart of what we do.
Mission.
Our mission is to facilitate a seamless and stress-free process for individuals and businesses seeking to sell their company. We are dedicated to achieving a win-win outcome that not only ensures a successful transaction but also honors and carries forward the legacy of the current owners.
Vision.
Our vision is to establish ourselves as the leading acquisition business, renowned for our expertise, professionalism, and unwavering commitment to ethical practices. We aspire to be the trusted partner of choice for businesses and individuals, known for facilitating successful transactions that generate mutual benefits. By fostering growth, prosperity, and trust within the business community, we aim to make a positive and lasting impact on the industries we serve.
Why Legacy Continued?
Wide-reaching experience in business acquisition
At TMJB Ltd, we regularly acquire businesses across a multitude of sectors. From those in the creative industry to manufacturing firms, we have expertise in taking successful companies over in many industries. Regardless of your industry, we will likely find a common interest in your business. Our previous acquisitions history is versatile, and we are happy to look at all business acquisition opportunities.
Authentic funding brought together by experts
When we look to fund a business acquisition, we use realistic, authentic, and attainable methods to finance the purchase. From using our current investments to personal funds to working with high-net-worth individuals, we always find the most realistic way to buy your business. This means that you get the funding you deserve for the hard work you have put in, safe in the knowledge that the budget is from a safe source.
Take your current success into the future
You are proud of your business and what it has achieved, so you should be. When you sell up, you do not want to see that business fall into disrepair or lose its previous reputation. We act as honest custodians of any company we acquire. We continue your legacy of high quality, authenticity, and quality delivery. Whether you are retiring or want to move into a new opportunity, we ensure your legacy continues.
Quick, simple, stress-free business acquisition
We know that sometimes an acquisition of a business can feel like it drags on forever. Therefore, we look to simplify what can be a complex process by offering an easy, stress-free process. We are experienced in dealing with rapid handovers which are timely, confidential, and tax-efficient for all involved. This means that you can bow out from your company with grace and be rewarded for the time and effort you put in to make your business successful.
100% confidentiality
When we work with you to acquire your business, we understand the importance of privacy. As such, we will never step on any toes or make any discussions public. With our experience in acquiring companies, we understand that you want to keep things as confidential as we can. This is why we promise 100% confidentiality during every step of the process. Whether we complete the acquisition or not, everything mentioned stays between us.
Let your business fulfill its potential now and in the future
Whether you are simply looking to retire or you want help from a like-minded business expert, we are here to help. We can help you by buying out your business, taking it over completely, or working with you to improve your company for the future.
Leave your business in good hands – we want to continue your legacy!