TLG Business Broker
- Business brokerage or M&A
- Named industry focus
- SBA experience
What a featured listing costs · from $29 a month
Here is the local field. For Ventura, the page lists two business brokers, all in Ventura County. That is not a long list, so you can compare them quickly before deciding whether to look further out. The most frequently offered services are general business brokerage or M&A work (1 of 2), a named industry focus (1 of 2) and a confidential or NDA process (1 of 2). Membership in CABB, IBBA, or M&A Source covers all two, which is worth noting but does not replace a license check. One of the two reports credentials such as CBI or M&AMI, which are professional designations rather than licenses. One broker accounts for all 15 Google reviews here, averaging 5.0 stars, so ask the others for references.
On fees, find out how the firm gets paid, what is billed on top of the main fee, and when each payment comes due. Because staff and customers may not know you are selling, ask how the firm screens buyers, and how your financial details are handled along the way. Before you sign anything, get a written engagement agreement that spells out what is being sold, how long it runs, and who handles your file.
Verify the license before you sign: selling a business and its goodwill for pay generally falls under California real estate licensing, so look up the license on the Department of Real Estate's public lookup before you hire. If the person you meet is a salesperson, find out who the supervising broker is, which is the Department of Real Estate's own advice to consumers. The directory also has pages for Westlake Village (9 brokers), Santa Barbara (5) and Simi Valley (3), which are worth a look if you want to compare more firms.
A written engagement should name the services, the people on your file, the term, and what happens if the deal never closes. Read it slowly, and ask questions about any clause you do not understand, because it is the document that sets the terms of the whole sale.
On the services side, one of the two offers a confidential or NDA-based sale, and you can ask every firm about it. Ask how buyers are vetted first, when a nondisclosure agreement is signed, and how inquiries are handled so your name stays out of it.
In California, someone paid to sell or negotiate the sale of a business opportunity must be a licensed real estate broker or a salesperson working under one. The law defines a business opportunity to include an existing business enterprise and its goodwill, which is why brokers who sell companies hold real estate licenses.
The directory lists two business brokers for Ventura, all in Ventura County. Because the local field is small, consider talking to someone from the pages for Westlake Village and Santa Barbara as well, then decide which conversation feels most useful.