GATE FINANCIAL SOLUTIONS WELCOMES YOU
Working With You, For You
CLIENT TESTIMONIALS
Sydney - Court Reporting
Sydney was ready to sell this business and turned to us for valuation and negotiation. She owned her building, had a solid customer base and employed several very talented court reporters. She had a relationship with the strongest strategic buyer in the next town over, only 15 miles away. The highest value for all parties was for Sydney to retain and sell the office building seperately and for a buyer to purchase only the client list and absorb her hard-to-find employees. While the business’s stand-alone earnings were decent, the value of the revenue steam, without the building and other existing overhead, to the buyer was the compelling analysis and improved the sales price through number crunching and negotiation. Sydney wound up receiving much more than the discounted cash flow value of the existing business while the Buyer recieved a great value for themselves.
A Win-Win!
Derek - Auto Repair Shop
This was a desirable, profitable, and well-regarded shop in a town with a population of approximately
125,000. The business had been for sale for a period of about a year and was priced at a very
reasonable valuation. This took a uniquely qualified buyer, and there were not an abundance in this geography. My Buyer was
experienced in the field and very well qualified to take on the operation.
The Seller was only moderately motivated, so a deep discount was not on the table. Derek was
confident in his ability to grow the business and we were successful in obtaining the
business, including the real estate, at a discount to a conservative trailing valuation.
Financing is a coupling of local bank and SBA with a minimal equity requirement. We developed the
business plan, put together the applications, handled the scheduling, and managed all of the outside
professionals needed for the process.
Danny - Insurance Agency
This was a sale engagement of a small-town insurance agency that was struggling. The building was
under lease so the sale was simply for the book of business. To produce the desired value, we needed a
buyer of size that could simply absorb the customer base with little or no increase in its own overhead.
We sourced several prospective buyers and made the sale competitive, obtaining a sale price that
exceeded the discounted cash flow of the business, as it was. The result was positive for the Seller.