Costs Related to the Sale of a Business

Here are some of the likely fees involved in selling a business:

Legal/solicitor costs – these can vary tremendously. It’s vital to work with commercial solicitors with the relevant experience as business transactions can be very intricate and detailed.

We work closely with several national solicitors who have the commercial expertise and provide a professional service with reasonable charges.

Taxation liabilities – dependent on your personal circumstances. Your accountant is in the best position to advise you on this matter. Alternatively we can put you in touch with professional accountancy practices that provide specialist taxation services.

Stock takers – the cost for this is normally shared between the vendor and the purchaser. Costs tend to be a small proportion of the transaction value. We work closely with an approved national association whose fees are reasonable.

Landlord costs – these are normally paid by the ingoing tenant or purchaser in the case of leasehold businesses.

Agent’s commissions – our fees are dependent on how quickly we feel we can sell your business, and are mainly results oriented.

Energy Performance Certificate – Almost all businesses will need an energy certificate which has to be made available to any potential purchasers. We can recommend a professional, national company to assist you.

The fees also vary dependent on what kind of package you require. We’re told our fees are neither the cheapest nor the dearest, but extremely competitive when you consider our unrivaled service and marketing presence.

We will always confirm fees in writing before your instruction. You will always know exactly where you stand with no surprises later on. You can rest assured that we are politely aggressive when it comes to selling your treasured possession and use our best endeavors to reach a satisfactory sale.