BEST LOCAL BUSINESS BROKERS IN ARVADA
Best Local Business
Brokers in Arvada
We are local business brokers serving Arvada Colorado, and are passionate about helping our customers achieve their dream of selling their closely-held businesses.
Local Knowledge.
Trusted Guidance.
My family and I moved from Douglas County Colorado to Arvada Colorado in 2000, and I earned my Real Estate license and started my local business broker practice in 2005. I have owned, operated, and sold several businesses in Colorado throughout the years, and have been on all sides of the transaction as a business buyer, seller, and advisor.
What Buyers Look For
There are a dozen or so ways to create a highly valuable business, but one driver of value stands out to me like no other.
If you want to sell your Colorado business for top dollar, you as a business owner need to create a non-owner dependent business.
As someone that has been on all sides of the transaction as a business buyer, seller, and as an advisor, I believe if I had to choose one main reason many sellers don’t sell their businesses or leave a lot of money on the table in a business exit is that their business is simply too owner dependent. They are the business!
What SBA Lenders Look for in a Business
Adequate business cash flow to service the debt (Global DSCR or around 1.25x (1.15x min.) on all 3 years historically). For example, $115,000 in company cash flow divided by $100,000 projected annual debt payments equals a 1.15 DSCR. They are cash flow lenders, not collateral lenders.
Additional factors lenders evaluate include:
- Paying a new buyer a reasonable salary.
- No declining revenue or consecutive losses.
- Personal history and citizenship requirements.
- Relevant management experience.
- Good trends and growth each year – a track record of profitability and success.
- The working capital needs of the business (90-day supply for the buyer’s loan).
What SBA Lenders Look for in a Buyer (Guarantor)
When evaluating a buyer, SBA lenders typically look for:
- A 700 or higher credit score.
- Enough liquidity to meet the cash injection requirements (minimum of 10% on the entire transaction; some lenders allow gifts with supporting documentation).
- Collateral (a shortfall may require life insurance).
- Relevant experience.
- A strong resume.
Business Brokers Serving Arvada, Colorado
Wright Business Advisors – Business Brokers serving Arvada, CO, and the surrounding areas.
If you’re looking for qualified Business Brokers serving Arvada, CO, then please consider our services. Owner, Wayne Wright can be reached at (720) 436-1472 or by email at wayne@wrightbusinessadvisors.com.
Ready to Discuss
Your Goals?
Our team is here to provide a confidential, no-obligation consultation.
5610 Ward Road, Suite 300
Arvada, CO 80002
Denver (Cherry Creek) Satellite Office:
201 Milwaukee St Unit 200
Denver, CO 80206
Your information is always kept confidential and secure.
FREQUENTLY ASKED QUESTIONS
Questions About Business Brokers in Arvada?
Everything you need to know about selling your business and working with a business broker.
What do buyers look for when purchasing a business?
Buyers typically look for profitable businesses with increasing revenue, recurring income streams, strong management teams, clean financial records, and growth potential. Businesses that are less dependent on the owner are often more attractive to buyers.
Why is owner dependency a concern when selling a business?
If the business relies heavily on the owner for daily operations, customer relationships, or decision-making, buyers may view it as a higher-risk investment. Strong systems, processes, and management can help reduce owner dependency and increase business value.
What makes a business “buyer ready”?
A buyer-ready business is profitable, has organized financial records, recurring revenue, scalable operations, a diverse customer base, and established systems that allow the company to operate successfully without constant owner involvement.
What do SBA lenders look for when financing a business acquisition?
SBA lenders generally evaluate business cash flow, profitability trends, debt service coverage, working capital needs, and the buyer’s management experience, creditworthiness, and financial resources before approving financing.
How can a business broker help me prepare for a successful sale?
A business broker can help evaluate your company’s marketability, identify areas that may impact value, guide you through the preparation process, connect you with qualified buyers, and help navigate negotiations to support a successful transaction.
Ready to Sell Your Business?
Whether you’re preparing for a business sale today or planning your future exit strategy, we’re here to help you navigate the process with confidence.