Strict Confidentiality Guardrails
SBA 7(a) Pre-Packaged Deals
Selling Success: Maximize Your Business Valuation & Confidentially Exit
Execute a high-value, confidential exit. WHC M&A Advisory guides founders and enterprise owners through SDE/EBITDA recasting, institutional CIM preparation, qualified buyer vetting, and pre-packaged SBA lending to ensure seamless closings.
The Valuation Multiplier Engine: Maximizing Your Exit
Buyers do not purchase past hard work; they purchase future transferable cash flow. We optimize four fundamental pillars before listing to drive maximum multiple expansion.
SDE & EBITDA Recasting
Uncovering hidden enterprise value by defending all legitimate discretionary owner expenses, one-off capital outlays, personal vehicles, and non-recurring legal fees to build a defensible cash flow baseline.
Owner-Dependence Mitigation
De-risking the post-sale handoff by delegating key client and supplier relationships, empowering a dependable second-in-command, and standardizing standard operating procedures (SOPs).
Recurring & Diversified Revenue
Auditing customer concentration to eliminate reliance on any single client over 15%, while showcasing contract retainers, automated subscription models, and predictable repeat sales pipelines.
Documented Systems & AI SOPs
Integrating modern workflow automations and institutional digital documentation that convince prospective buyers and lenders the company operates like a turnkey machine.
The 10-Milestone Blueprint to Selling Your Business
A proven, 3-phase roadmap engineered to protect operational confidentiality, ignite competitive buyer tension, and guarantee lending closeability.
Phase 1: Valuation & Exit Preparation
Milestones 01 β 03 β’ Days 1 β 45
Discovery & Owner Exit Thesis
Align personal, tax, and post-closing retirement goals. We analyze your timeline, desired net proceeds, and examine internal organizational readiness for an eventual ownership transition.
Financial Normalization & Recasting
Audit 3β5 years of business tax filings, balance sheets, and interim P&Ls. We reconstruct verified add-backs to produce an airtight Adjusted EBITDA or SDE schedule ready for bank scrutiny.
Most Likely Sales Price (MLSP) & Agreement
Benchmark recent comparable transactions across your NAICS classification and regional market. We define the target listing price, minimum walk-away valuation, and finalize formal M&A representation.
Phase 2: Confidential Marketing & Buyer Vetting
Milestones 04 β 06 β’ Days 45 β 105
Blind Teaser & Institutional CIM Creation
Author an anonymous one-page overview and a comprehensive 25-page Confidential Information Memorandum (CIM) detailing business history, client demographics, team talent, and growth opportunities.
Confidential Buyer Pipeline & Syndication
Execute direct, discreet outreach to vetted corporate strategic acquirers, search funds, and high-net-worth investors across national M&A networks without alerting employees, clients, or competitors.
Buyer Screening, NDA & Proof of Funds
Zero proprietary data is shared without vetting. Every prospect must execute a legally binding Non-Disclosure Agreement (NDA) and supply certified proof of liquid funds or lender pre-qualification.
Phase 3: Deal Structuring, Diligence & Closing
Milestones 07 β 10 β’ Days 105 β 180+
Offer Evaluation & LOI Negotiation
Cultivate competitive offer tension. We dissect multiple Letters of Intent (LOIs), analyzing total enterprise purchase price, cash at closing, seller carry notes, earnout provisions, and exclusivity clauses.
Confirmatory Due Diligence & SBA Packaging
Manage the secure virtual data room (VDR) during buyer accounting and legal reviews. WHC Lending coordinates directly with acquisition lenders to finalize senior SBA 7(a) debt authorizations without delays.
Definitive Agreement (APA/SPA) & Escrow Funding
Work with specialized M&A transaction counsel to draft and finalize the Asset Purchase Agreement, inventory and working capital true-ups, escrow distributions, and official wire settlement.
Post-Sale Handover & 100-Day Integration
Execute the structured seller transition agreement. Guide joint announcements to employees, customers, and key vendors while establishing training protocols to secure any deferred earnout payments.
Frequently Asked Questions on Selling a Business
Clear, direct answers for founders and executives contemplating an exit.
Owner-operated businesses under $1M-$2M in earnings are typically valued as a multiple (2.0x to 4.5x) of Seller’s Discretionary Earnings (SDE), which accounts for net income plus owner salary, perks, depreciation, and discretionary expenses. Companies with management teams in place and earnings above $1.5M-$2M are valued on adjusted EBITDA (4.0x to 8.0x+), reflecting true enterprise cash flow independent of the founder.
Your company’s name, location, and proprietary identifiers are never published publicly. We market using an anonymous ‘Blind Teaser.’ Detailed financials and the Confidential Information Memorandum (CIM) are only provided after a prospective buyer executes a legally binding Non-Disclosure Agreement (NDA) and provides verifiable proof of liquid capital.
A primary cause of deal failure is buyer financing fallout. Because WHC operates an internal commercial lending brokerage, we pre-underwrite and package the business for SBA 7(a) financing before taking it to market. This ensures the buyer can secure up to 80-90% debt financing quickly with our institutional lending network.
On average, the complete M&A sales cycle takes between 6 to 9 months (180 to 270 days). Preparation, recasting, and CIM creation take 30 to 45 days; buyer sourcing and LOI negotiation typically require 60 to 90 days; and formal due diligence, SBA underwriting, and legal closing take an additional 60 to 90 days.
If a business cannot run without the founder managing day-to-day operations, buyers perceive high post-closing transition risk and will discount their offers or demand heavy earnouts. WHC helps founders document SOPs, delegate core vendor relationships, and build middle-management buffers prior to listing to command top valuation multiples.
