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Cobbleridge Realty Corp is a boutique brokerage firm located in Suffolk County, New York, that specializes in the sale and acquisition of small and lower middle market businesses. We have over 20 years of experience in the mortgage, real estate, and business brokerage industry and have helped hundreds of buyers and sellers achieve their goals. In 2021, CEO Ray Pearson decided to consolidate his two entities, Venture Business Brokers, which has been in business since 2015, and Cobbleridge Realty, into one company that would be the one-stop shop for all business real estate and finance needs.
We offer a comprehensive range of services to businesses of all sizes, including:
If you are thinking about buying or selling a business in Suffolk County, we encourage you to contact us today for a free consultation. We would be happy to help you achieve your business goals.
We are experts in the business brokerage process
We understand the complexities of buying or selling a business. We will be your partner throughout the process, providing you with clear and concise guidance and support. We will work with you to develop a personalized action plan that meets your specific needs and goals. We will also maintain our fiduciary responsibility to you, acting in your best interests at all times.
In addition to our extensive experience and expertise, we also have a vast network of potential buyers and sellers. This allows us to quickly and efficiently match you with the right buyer or seller for your business.
We are committed to helping you achieve your business goals, whether you are buying or selling. We are here to make the process as smooth and stress-free as possible.
We are trustworthy and reliable
We are committed to providing our clients with the highest level of service. We will always act in your best interests and will never pressure you into making a decision that is not right for you. We are licensed and insured, so you can be confident that your transaction is in safe hands.
We offer a free consultation
Are you thinking about buying or selling your business? We understand that this is a big decision, and we want to help you make the right one. That's why we offer free consultations to anyone who is considering buying or selling a business.
During your consultation, we will discuss your specific needs and goals, and help you determine if buying or selling a business is the right decision for you. We will also provide you with valuable information about the buying or selling process, and help you connect with the right resources.
Here are some specific ways that we can help you during your consultation:
We are here to help you every step of the way, so please don't hesitate to contact us if you have any questions.
Here are some of the benefits of working with Cobbleridge Realty Corp:
Let's connect today to discuss how we can help you buy or sell a business. We're excited to hear from you!
Here are some specific examples of how we can demonstrate our expertise, authoritativeness, experience, and trust:
We believe that these factors demonstrate our expertise, authoritativeness, experience, and trust, and make us the best choice for you if you are thinking about selling your business.
Interested in learning more about our procedure for buying or selling a business? Contact us at 631.320.5849
Cobbleridge Realty is a business brokerage firm with over 20 years of experience helping buyers and sellers of businesses in Suffolk County, NY. We have helped hundreds of clients achieve their goals, and we can help you too.
If you're thinking about buying or selling a business in Suffolk County, we can help you get the best possible price. We will work with you every step of the way to ensure a smooth and successful transaction.
We have been asked these questions many times over the years, so we have taken the liberty of answering some of them honestly and straightforwardly. Please reach us at ray.pearson@cobbleridgerealty.com if you cannot find an answer to your question.
Business brokers typically charge a commission, which is a percentage of the sale price of the business. The commission rate can vary, but it is typically between 5% and 12%. We charge a non-negotiable 6%.
We charge a non-negotiable marketing fee of $750. Charging a marketing fee is a common practice among business brokers. The fee is typically used to cover the costs of marketing the business, such as listing the business on online marketplaces, creating marketing materials, and conducting outreach to potential buyers.
The fact that the fee is credited back on the sale of the business is a good way to ensure that the business owner is committed to selling the business. If the business owner is not committed to selling the business, they are less likely to invest the time and effort needed to market the business effectively.
Business brokers can provide a variety of services, including:
There are a few things you can do to find a good business broker:
When looking for a business broker, you should look for someone who has:
Here are some questions you should ask a business broker before hiring them:
There are a few benefits to hiring a business broker, including:
There are a few alternatives to hiring a business broker, including:
The financials of the business are a good indicator of its health and profitability. You should ask for copies of the business's financial statements, such as the balance sheet, income statement, and cash flow statement
The seller's reason for selling the business can give you insights into the business's future prospects. If the seller is retiring or moving away, it may be a good sign. However, if the seller is selling because of financial problems or other challenges, it may be a red flag.
The key assets of the business are the things that make it valuable, such as its intellectual property, customer list, and equipment. You should ask about the value of these assets and how they will be transferred to you if you buy the business.
It is important to be aware of the challenges facing the business before you buy it. These challenges could include competition, regulatory changes, or economic conditions.
You should also ask about the growth opportunities for the business. These opportunities could include expanding into new markets, developing new products or services, or acquiring other businesses.
The valuation of the business is the amount of money that it is worth. There are many different ways to value a business, so you should get an independent valuation from a qualified professional.
Due diligence is the process of investigating the business before you buy it. This process should include reviewing the financial statements, interviewing the employees, and visiting the business premises.
The terms of the sale are the details of how the business will be transferred to you. These terms could include the price, the payment terms, and the ownership structure.
There are many different ways to finance the purchase of a business. You should explore all of your options, such as bank loans, personal loans, and equity financing.
An exit strategy is a plan for how you will sell the business in the future. You should have a clear exit strategy in mind before you buy the business.
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