About
Benchmark Business Group is located in IA and offers the professional services that successfully bring buyers and sellers together. Benchmark Business Group is a "full disclosure" business brokerage because we believe this is the only fair and honest way to do business. "Full disclosure" means that when a Seller lists with our Firm, they commit to furnishing: - Business tax returns on the business for 3 prior years. - Profit & Loss statements for the current year. - A complete list of known tangible and intangible assets and liabilities. - A list of the physical assets of the business, to be delivered to the Buyer in proper operating condition. - Premises lease information, include term of lease, square footage, and amount of rent. - A fair and equitable purchase price. - Adequate training for the Buyer (by the Sellers) on matters specific to Seller’s business at no extra cost to the Buyer. - Buyers enjoy working with our business brokers because they are confident they have received the information needed to know what they are buying. Our business listings are prepared and presented in a professional, logical format providing Buyers with objective business and financial information for each listing. Our business brokerage team assists buyers in connecting with lending institutions and can also assist in making introductions between you and accounting, legal and financial services professionals in Iowa. Our business brokers work with buyers to analyze business listings from a cash-flow perspective, evaluating a listing from the same perspective as lending institutions will view it, to consider if it meets lending criteria. We can provide buyers with forms, tools, and documents for providing a seller with a Letter of Intent or an Offer to Purchase, and we work closely with buyer’s attorneys and financial professionals to ensure they have ready access to select business information for our listings. Our pre-closing efforts pave the way to ensuring buyers and sellers have the information necessary for the closing transaction to go smoothly.
Brokers