phil@philsellsbiz.com
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FAQ

Q: How much is your commission?

A: That depends on the size of your business. The higher the listing price, the lower the commission. Regardless of the percentage, I do not charge valuation fees or up-front retainer fees. I only charge a success fee. This means you only pay a commission if your business is sold. After I conduct a valuation of your business, I can give you the exact amount for your business.

Q: How long does it take to sell a business?

A: On average it takes 6-8 months to sell a business. A lot depends on the price, location and type of business.

Q: How do you protect my identity?

A: All of my advertisements for listings are done on a blind basis, meaning your company’s name & address is never divulged. Before I release any detailed information about your company to any potential buyers, I make them sign a CONFIDENTIALITY/ NON-DISCLOSURE AGREEMENT. IF they refuse to sign it, they don’t get any confidential information on your business.

Q: Do you only advertise locally?

A: No. I will advertise your business all over the world. Half of my buyers are from out of state and some are even from other countries. People from other countries can acquire an E2 Visa by purchasing a business in the USA.

Q: Why shouldn’t I just hire a Realtor to sell my business?

A: Realtors sell houses not businesses. There is a big difference between selling a house and a business. It takes a different skill set to sell an Arizona business. I wouldn’t attempt to sell a house, even though I am a licensed real estate agent, because I don’t have that skill set. I focus on selling businesses only.

Q: What cities do you sell businesses in?

A: I sell businesses in the following cities:

  • Anthem
  • Apache Junction
  • Avondale
  • Buckeye
  • Carefree
  • Cave Creek
  • Chandler
  • El Mirage
  • Fountain Hills
  • Gilbert
  • Glendale
  • Gold Canyon
  • Goodyear
  • Higley
  • Laveen
  • Litchfield Park
  • Maricopa
  • Mesa
  • Paradise Valley
  • Peoria
  • Phoenix
  • Queen Creek
  • San Tan Valley
  • Scottsdale
  • Sun City
  • Sun City West
  • Sun Lakes
  • Surprise
  • Tempe
  • Tolleson
  • Youngtown