Franchise Opportunities for Entrepreneurs and Independent Print Shop Owners

7 steps to making the sale

Sooner or later, every business owner begins to consider retirement or otherwise moving on. And while the prospect may excite you, the process shouldn't dismay you. In a nutshell, here's how it works.

  1. ESTABLISH
    THE VALUE

You'll collect bank statements, tax returns, P&L statements and related documents from the past three years for the prospective purchaser to review.

  1. DISCUSS
    THE PRICE

You'll need to seek input from your accountant and attorney. The prospective buyer will sound you out on special terms like retaining key employees.

  1. RECEIVE The
    OFFER

Having completed a valuation of what other businesses like yours are selling for, the prospective purchaser will provide you with a Letter of Intent (LOI).

  1. REVIEW THE
    PROPOSAL

The LOI should spell out the price, terms and date of sale. You'll have time to review it thoroughly, accept it, or make a counteroffer.

  1. PERFORM DUE
    DILIGENCE

Having negotiated a deal, the prospective purchaser will take a "deeper dive" into all of the data to ensure it's correct and that no surprises await either party.

  1. CLOSE
    THE DEAL

Almost done! With a Purchase Agreement in hand, the buyer will meet to finalize the paperwork, hand you a check ... and accept the keys.

  1. COMPLETE THE
    TRANSITION

You'll introduce the buyer to your clients and employees. Most sellers stay on for 90 days to ensure the changeover goes smoothly.

Next step? Call us to find out more at 800.726-9050 ext. 8695

Allegra Network LLC | 47585 Galleon Drive | Plymouth, MI 48170

SIGN & GRAPHICS Operations LLC | 11685 Crossroads Circle, Suite E | Middle River, MD 21220

© 2019 Alliance Franchise Brands LLC. All Rights Reserved. Alliance Franchise Brands is the parent company of Allegra franchisor Allegra Network LLC and of KKP franchisor KK Printing Canada ULC.Alliance Franchise Brands is the parent company of Image360 franchisor Sign & Graphics Operations LLC.

This advertisement is not an offering. An offering can only be made by a disclosure document filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law. F-4115. F-6892.

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of one of those states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction.