Testimonials
Hear From Other Business Owners
About Why They Chose Business Exits
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Buyers
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My wife and I started our company in Jan 2020, and it grew fast, and attracted unsolicited offers over the early years.
A few of them, we felt we would hire a good lawyer, and do the rest ourselves. However, the roller coaster experience with each offer we entertained was exhausting and frustrating.
I started a one-year search in understanding what a broker does, and how to select one. Once I started, there were so many characters I came across—most with a poor understanding of my business and value.
Loren at Business Exits was one of the brokers that resonated with me—he was patient, likable, experienced (sold his own business), and the contract he presented was easy to understand.
Signing with Loren, was undoubtedly one of the best life decisions I have made.
Within a month of signing, Loren’s team prepared materials to get our company on the market. Loren shared my view on the growth potential of our company, and he marketed it as such. Loren was confident we would have multiple offers, and he was more than correct. We had piles of offers from all over North America. At least 15 or so were very strong offers (asking or above).
He helped me short list, and he and his team ensured I had meetings with all of the ones that he felt had the strongest potential to close without changing terms, and more importantly people that would work well with me and our team. Loren’s experience helped me pick the best offer, and we closed on that offer, and the first month post-close has shown (so far) the fit could not be any better.
The broker's value to us also came in during the due diligence phase. Due diligence had some minor bumps, and Loren advised and advocated in a way that ensured we never were short changed.
Loren will be a friend for life—not only because he helped change my family’s life, but also because he is just a great down to earth guy that I have enjoyed spending time with.
I thought my transaction was a large one, but I came to know (post transaction) they do deals that are 5 times (and more) larger than mine. But I can tell you, I felt like I had his full attention anytime I needed it.
I am very selective with endorsing people, but endorsing Business Exits is a no brainer for me.
I wish you tons of luck…my advice is to enjoy the journey leading to the sale of your business. You will miss your business when its sold, but it’s a great feeling being on the other side.
In late August of 2020 I was starting to plan an exit strategy for my business. I was thinking of 10 to 15 years down the road but wanted to prepare for that time when it came. Through an internet search I discovered Business Exits and reached out. The next business day I received a call from Loren Vandegrift. Loren was very attentive to my situation and provided me with an outline of the process. He was patient and informative. Loren offered to do an evaluation of the business just to see where we stood. From this evaluation we would know the value and how to proceed to prepare for an exit on down the road. After a thorough yet simple evaluation, Loren called me with the results. He reported it was sellable now and for twice as much as I thought. After a bit of soul-searching, I asked him to sell it. A week after we signed the sales agreement, he had me meet by phone with a potential buyer. Long story short, this buyer checked all the boxes and bought the company. As I wished, I maintained a small portion of the business and was bought out of the rest, securing my, and my family's future. The work from the LOI to the closing was way easier then expected, and Business Exits was leading the way, making it come to fruition easily. Business Exits helped secure my future and gave me 15 more retirement years than I planned. I can’t thank them enough for their approach and genuine care for their clients. Meeting Loren has changed our family. Thank you Loren Vandegrift and your team at Business Exits. JDP
Business Exits helped us exit an e-commerce business in our portfolio that no longer fitted our core vision for our company.
We found Business Exits online. They called us right back after I submitted the request, gave us an honest valuation, and helped us sell our business!
