For Sellers
We help our sellers achieve a highly satisfactory price for their businesses while minimizing the time and hassle involved in the deal. We do not charge anything until we sell your business.
Why use Fidu Ventures to sell your business?
Our proven formula to selling business increases the speed and success rate of closing.
Targeted + Reach
We proactively target strategic buyers, and has a massive reach to financial buyers within our network. We will also handle all administrative tasks with potential buyers so you can focus on running the business.
Credibility
We write a detailed research report which is crucial to market your company to potential buyers. We are the perfect fit to do this given our professional background in equity research and related fields.
No fee until close
We will work for free until the deal is closed. We do not charge any retainer fee, interim fee or monthly fee to seller. We believe this fee structure incentivizes speed to closing, high customer satisfaction and conversion rates.
How it works
Step 1
Valuation
(within a day)
We learn about your business, review financials, and let you know what the business is worth and what kind of offers you could expect in the market. The confidentiality of your financials and information is legally guaranteed by the signing of a Non-Disclosure Agreement (NDA).
Step 2
Broker Agreement
If we accept the business, we'll extend you our broker agreement, which outlines that we only get paid when you get paid, and the agreed asking price for when we go to market.
Step 3
Research Report
(1-2 weeks)
Our experienced advisors put together a detailed state-of-the-art research report for buyers. We've had many years of experience researching companies and perfecting what needs to be in the "offering memorandum".
Step 4
Deal on the Market (1-3 months)
We then take the deal to market. We use three different marketing approaches to find a buyer for your business.
1) We look for synergistic buyers: we create a target list and contact them directly.
2) We send it to our buyer database.
3) We send it out to our marketing channels.
Step 5
Accept an Offer
All interested parties submit an offer and you decide on the best buyer depending on price, terms, and their background. The winning buyer then gets an exclusive diligence period to verify what we have claimed about the business.
Step 6
Due Diligence (1-2 months)
The buyer will be given an exclusive period to go through tax returns, bank statements, receipts and operations with you to verify that the business is as claimed.
Step 7
Contract Development
The buyer is responsible for drafting the purchase agreement. They will send a draft, and your attorney will review this to make sure you are protected. We have attorneys for you if you need one.
Step 8
Sign & Escrow (2-7 days)
Time to put pen to paper! Acting as an escrow, we hold the buyers' cash until your business assets are transferred. Then we wire you your funds, and the deal is closed!
Step 9
Training & Transition (1-3 months)
After the deal closes, there is a transition period where you help the new owner learn about the business, introduce them to employees/vendors, etc. This is normally negotiated and agreed upon before the deal closes as to how long and how hands-on this process is.