Morgan & Westfield
600 Grant Street, Suite 660
Pittsburgh, PA 15219
(888) 693-7834
Who We Are
Pittsburg, Pennsylvania, Office of Morgan & Westfield. At the Pittsburg, Pennsylvania, office of Morgan & Westfield, our team of professional business brokers is dedicated to making it easier for business owners to sell their business. We provide a variety of technical services that can be used to help you complete each step in the sales process.
We also offer support services that are used to guide you through the process and ensure that you always have the assistance that you need to successfully sell your business. These services have guided countless business owners through the sales process, and they can work for you, too.
To learn more about our services and how you can take advantage of them, contact the Pittsburg, Pennsylvania, office of Morgan & Westfield today.
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Business Brokers of Allegheny County
Our business brokers at the Pittsburg, Pennsylvania office of Morgan & Westfield are committed to facilitating business sales for business owners throughout the area of Pennsylvania’s Allegheny County. Our brokers place a particular emphasis on working with business owners in the communities of:
Pittsburg, Green Tree, Imperial, McDonald, Atlasburg, Slovan, Burgettstown, Hanover Township, Moon, Sewickley, Ambridge, Beaver, New Brighton, Ross Township, Wexford, Cranberry Township, Oakmont, Penn Hills, New Kensington, Tarentum, Natrona Heights, Freeport, Sarver, Lower Burrell, Leechburg, Vandergrift, Avonmore, Saltsburg, New Alexandria, Delmont, Export, Monroeville, Homestead, West Mifflin, McKeesport, Irwin, Jeannette, Greensburg, South Greensburg, Youngwood, New Stanton, West Newton, Monessen, Bentleyville, Eighty Four, Taylorstown, Hickory, Canonsburg, Houston and Washington.
In addition to these specific communities, we also serve many of the neighboring communities in and around the area of Allegheny County.
Each year our business brokers facilitate hundreds of successful sales throughout this region of Southwestern Pennsylvania. These sales include companies that range in value from $50,000 to more than $100 million, as well as companies in a variety of industries, including: healthcare, high technology, tourism, engineering, finance, education, retail, automotive, construction, real estate, manufacturing, energy and steel.
By facilitating sales for such a wide variety of companies, our brokers have developed a unique connection to the local marketplace. This connection and our hundreds of years of combined experience within this region uniquely qualify our business brokers to facilitate the sale of any business in the Southwestern Pennsylvania area. If you are selling a business in this area and would like to learn more, contact the Pittsburg, Pennsylvania office of Morgan & Westfield today.
Selling Your Business Through Morgan & Westfield
When you sell your business through our business brokers, we provide you with a variety of services that will guide you through the sales process and ensure that each step is completed successfully. The services that we can provide to facilitate your business’s sale include:
Exit Planning, Sale Preparation and Sale Strategies.
Business Appraisals and Assistance in Determining an Asking Price.
Offering Memorandums.
Confidential Marketing Campaigns.
Buyer Pre-Screening.
Facilitation of the Due Diligence Process.
Negotiation: Preparation, Advice, Support and Structuring Assistance.
Assistance Securing Funding or Assistance Structuring Financing Terms (Seller Financing).
Closing Services.
Continuous Guidance, Support and Advice.
Connections to Industry Professionals (Lawyers, Bankers, Accountants and Tax Professionals).
Preparing for Your Sale
Before you enter the sales process, there are many things that you can do to prepare for your sale. Many of these tasks are addressed through the “exit planning and sale preparation” services that we provide at Morgan & Westfield. However, many of these tasks can be started or even completed before you begin utilizing our services. Some of the main tasks that we recommend to set you on a path to a smooth and successful sale include:
Preparing your business’s financial documents: Preparing your business’s financial records before you enter the sales process will alleviate some of the stress that you feel during the sales process. It will also signal to buyers that you are responsible and professional in the way that you do business, which, in your buyer’s eyes, will reflect positively on your company.
Making a list of assets that you are selling: Make a list of all of the assets that you are selling. By explicitly stating what is and what is not being sold, you will eliminate confusion later in the sales process.
Researching your leases and rental agreements: Business’s often rent or lease some of their equipment and/or property. It is a good idea to research your leases and rental contracts so that you know what your options are for transferring these contracts to your buyer. This is especially important because it can have a significant impact on your company’s market value.
Considering financing your own sale: You are not required to finance your own sale. However, there are many advantages to doing so. If you have the means to finance the sale, it’s a worthwhile option to consider.
Mentally preparing to move on from your business: To successfully sell your business, it is vital that you are fully committed to the sales process. This is often somewhat challenging for business owners because they have invested so much of themselves into building their company. It is best to make sure that you are mentally prepared to sell your business before you enter the sales process.
Slowly delegating your responsibilities to other employees: While you must be careful not to tip off your employees that you are selling your business, it is a good idea to begin delegating some of your responsibilities. By reducing your responsibilities, you will make it easier for a new owner to step in without disrupting the business’s operations. By making yourself more easily replaced in this way, you will also increase your company’s market value.
Researching comparable business sales: If you are curious about what to expect from the sales process, how similar companies are selling or the best time to sell your company, begin by researching how similar companies have sold historically. While our business brokers will help you answer these questions during the planning process, doing some research on your own beforehand may give you some insight into what to expect.
Consulting a tax professional: There are several tax implications to selling any business. In order to prepare yourself for these obligations, it is a good idea to consult a tax professional. This way you are able to enter the sales process with some idea of the tax ramifications to selling your business.
Schedule a Free Consultation Today
In addition to all of the services that we provide, we also offer a free initial consultation. This consultation comes with absolutely no obligations and is completely confidential. This gives our business brokers an opportunity to learn about the specific circumstances of your sale and determine how we can best serve you. It is also an opportunity for you to learn more about Morgan & Westfield, our services and how we can help you sell your business. To schedule your free consultation with one of our business brokers, contact the Pittsburg, Pennsylvania, office of Morgan & Westfield today.
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Professional Commentary on Selling or Buying a Business
Morgan & Westfield is dedicated to helping business owners advance their company and prepare for its eventual sale. Our podcast “Deal Talk” provides business owners with expert advice from top professionals in the brokerage industry. We interview investment bankers, tax advisors, business brokers and more in order to garner insights into growing a business, developing an exit strategy and preparing that business for sale. Learn their secret to success on “Deal Talk.”
Help for Older Business Owners Preparing to Exit their Companies
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Businesses for sale
Business For Sale in Upper Bucks, Pennsylvania (RCA-581)
$13 Billion industry, 20% down payment possible, low royalties, exclusive territory, sophisticated systems – simple service, extremely high ROI, M-F service, highest industry average gross revenue,...View more
Business For Sale in Greenwood, Indiana (ROM-541)
Highly confidential sale. Send an email for a complete, professionally prepared package on this company. This automotive company has an established niche with a fifty-year track record. This...View more
Business For Sale in Schaumburg, Illinois (RMM-424)
30+ year-old bulletproof business model. Absolutely no experience required, however, you should have impeccable communication, negotiation and networking skills. Simple product with highly...View more
Past Transactions - Business Sales or Appraisal
Following is a representative list of past transactions we have worked on:
Accounting Firm
Adhesive Mfg.
Barber Shop
Baseball Services/Retailer
Cartridge World
Casino
Deer Farming
Defense
Electricity Distribution
Employment Agency
Financial Asset Investing
Financial Planner
Gas Supply
Gelato Cafe
Health Club
Heating Oil Dealer
Industrial Gas Mfg.
Information Technology
Jewelry Store
Knitted Product Mfg.
Laptop Exchange Business
Laser Skincare Clinic
Mail & Parcel Center
Marine Dealers
New Auto Dealer
Newsletter Publisher
Oil/Lube Shop
Olive Growing
Packaging Products
Paper Mill
Quick Print Shop
Radio Broadcasting
RV Dealer
Seafood Market
Tax Practice
University
Vending Machine
Web Development Firm
Yardage Shop
Zoological Gardens
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