They were established in 2002, Synergy Business Brokers is now listed among the top 10 brokers in the United States. This business broker represents companies with yearly sales between $700,000 and $40,000,000 and net earnings between $200,000 and $4,000,000. This company’s customer base has increased from a handful in 2002 to over 30,000.
Business Brokers Services
About Synergy Business Brokers
Synergy Business Brokers offers mergers and acquisitions (M&A) services. They aid both sellers and purchasers in commercial transactions. The Synergy Business Brokers employed a total of seventeen business brokers.
As with other company brokerage firms, Synergy Business Brokers offers a free valuation approach to assist you in deciding if, when, and how much to sell your business. A teaser is a marketing pamphlet that provides an overview of your organization without going into great depth. Your personal information is not currently being shared with anybody.
Services
Synergy’s professionals will guide you through all of your options. These proposals will include the sale’s conditions and other essential information.
There is a high probability that multiple bidders will compete for your goods. The officials at Synergy Business Brokers can advise you on the best offers to accept and help you negotiate a fair selling price. On the closing day, the seller will receive the selling proceeds by wire transfer to their bank account, and the transition period will officially commence. During this time, the seller will instruct the buyer on all aspects of company operations. Throughout the years, Synergy Business Brokers has indeed completed a large number of deals.
Strengths
- Performance is shown over an extended period
- A record of concluding hundreds of business agreements with success
- A complimentary valuation of the company’s worth
- There are no upfront fees.
Weaknesses
- This company sells to hundreds of companies annually (may not get the personalized service offered by smaller business brokers)
- Their website has no information on their commissions or costs.
Summary
Synergy Business Brokers consistently has a significant number of businesses for sale. While this indicates that they have a comprehensive system for locating business owners interested in selling, it is not necessarily in the seller’s best interest to partner with a firm that handles so many transactions at once. They would be an excellent option if their costs were competitive with the market.