Rapt Enterprises, Inc. works closely with our sellers
to assure that their goals are achieved.
The process starts with a preliminary, no-obligation
meeting that is scheduled at the Seller's convenience,
and usually at his place of business. General information
is exchanged, so the Seller and Rapt can become acquainted
with each other and their respective businesses.
A valuation is then performed to provide the Seller
with a price range that he can expect to receive for
his company. Information required to analyze the company
includes the following:
Three to five years of detailed and current financial
statements, including income statements, balance
sheets, and income tax returns.
List of furniture, fixtures, equipment, inventory, trade
names, patents, and other assets to be transferred
with the company.
Real property and equipment leases.
Any other contractual relationships of the business.
Other information that will affect company operation.
The Seller and Rapt work together in establishing the
asking price and terms for the company Rapt has developed
a marketing interview process to simplify this process.
A contractual agreement is entered into between the
Seller and Rapt, giving Rapt the right to market the
company as the Seller's representative for a specified
time period and under specified terms and conditions.
Rapt will prepare a marketing plan unique to the business
and a package to target prospective Buyers, which is
The Seller is freed of the daily involvement in marketing
the company and is only required to concentrate on his
primary duty; i.e., to assure that the business continues
to operate profitably and is not affected by the sales
activities. The Seller is also responsible for providing
updated and/or additional information required by Buyers.
Rapt schedules all showings, conducts negotiations on
behalf of the Seller, coordinates professional advisors,
helps to satisfy contingencies, and supervises the closing.