and has been a PROFESSIONAL BUSINESS CONSULTANT for over 30 years.
LISITEN ASSOCIATES Is named: "BUSINESS BROKER OF THE YEAR"
by ACQ MAGAZINE
LISITEN ASSOCIATES BUSINESS BROKERS is named "TOP BOUTIQUE BUSINESS BROKER OF THE YEAR"
2013 -USA BY ACQUISITION INTERNATIONAL MAGAZINE.
LISITEN ASSOCIATES BUSINESS BROKERShas WON the AWARD
"THE TOP BUSINESS 2013"
by "DIVERSITYBUSINESS.COM an organization sponsored by AT&T, COCA-COLA, WALMART, DELL, RAYTHEON, CISCO, VERIZON, TOYOTA, AMAZON, TIME-WARNER, HILTON, PEPSI, USPS, WALT DISNEY COS., PITNEY-BOWES AND OTHERS.
LISITEN ASSOCIATES is the AWARD WINNING BUSINESS BROKERAGE FIVE YEARS IN A ROW of the TOP AWARDS FOR BUSINESS BROKERS in the TRI-STATE AREA of NEW YORK, NEW JERSEY and CONNECTICUT.
WE ARE NOW ALSO SERVICING THE STATE OF FLORIDA.
LISITEN ASSOCIATES HAS WON THE COVETED " 2008, 2009, 2010, 2011 and 2012 "BEST BUSINESS BROKERS AWARD". No other company has ever won this award FIVE YEARS IN A ROW.
These awards were given by The U.S. Local Business Association (USLBA).
LISITEN ASSOCIATES Specializes in CONFIDENTIALLY Representing Family or Privately Owned BUSINESSES and CORPORATIONS to Buyers from all over the World.
Our CORPORATE MERGERS AND ACQUISITIONS DIVISION represents SELLERS OF MEDIUM SIZED BUSINESSES and CORPORATIONS from all over the USA.
Our MAIN STREET DIVISION represents SELLERS OF SMALL BUSINESSES in the TRI-STATE AREA of NEW YORK, NEW JERSEY, CONNECTICUT and the State of FLORIDA.
Our LICENSING DIVISION represents LICENSORS and helps them LICENSE their PRODUCTS or SERVICES WORLDWIDE.
Our FRANCHISING DIVISION represents FRANCHISORS to all of North America .
We also help FRANCHISEES who wish to RE-Sell their FRANCHISES.
We can HELP you to FRANCHISE OR LICENSE YOUR BUSINESS, COMPANY or CONCEPT WORLDWIDE.
We are represented on 43 GLOBAL WEBSITES in addition to our own and our listings can be seen by BUYERS of Businesses and POTENTIAL LICENSEES of Businesses FROM all over the WORLD.
We can HELP you to SELL YOUR BUSINESS or COMPANY and LICENSE your PRODUCT, BUSINESS,
SERVICE CONCEPT or INTELLECTUAL PROPERTY WORLDWIDE.
LISITEN ASSOCIATES works with Buyers of Businesses from all over the World.They may be looking to Purchase a Business in the Tri-state Area or lookiing to purchase a Relocateable Business to be moved elsewhere.
LET US HELP YOU SELL YOUR COMPANY, BUSINESS or CORPORATION.
Over the Years LISITEN ASSOCIATES has Sold over 500 Businesses, Representing Total Sales of WELL OVER $ 2 BILLION DOLLARS.
Please Feel Free to GET YOURFREE CONFIDENTIAL CONSULTATION NOW : 212 661-4160
Please Explore our Website or Contact Us with any Questions that you may have.
Some of our past sales include: Various Agencies, Hotels, Theaters, Unique Service Companies, Management Companies, Manufacturing, Wholesaling, Importing, Warehousing, Distribution, Educational Centers, Auto Related, Real Estate Related, Medical Related, Health Related, Medical, Apparel Companies, Advertising, Legal Services, Internet Marketing, Internet Services, I T Services, Importers, Web Design, Sporting Facilities, Technology, Telemarketing, Electronics, Security Industry, Computer Manufacturing, Aerospace, Pet Industry, Metal Products, Retailers, Retail Chains and Independents,Wood Products, Chemical Related, Printing, Restaurants, Catering, Food Wholesale and Manufacturing, Shopping Centers, Franchisors, Franchise re-sales and Licensing of Businesses or Concepts .
330 East 38th St. New York City, NY 10016 PHONE: 212-661-4160 PHONE: 917 414-4255 FAX: 646 390-5414
If you've tried to sell a company in the past four years or so, you know the market for small businesses has been taking a long snooze, due to scarce cash, tight bank credit and general economic angst. The good news, if you've been yearning to cash out and retire or start something new: Since late 2010, demand has been picking up again.
One sign of a more favorable climate for selling a small business: The most recent Money Tree Report, compiled by PricewaterhouseCoopers and the National Venture Capital Association, notes that "the venture-backed exit market appeared to be on the rebound" as of the end of 2010, with private equity investors reporting they sold 420 companies for a total of $18.3 billion. That's a substantial increase over the levels in 2009, which saw 273 such deals valued at $13.5 billion.
Here in the city, demand is heating up, too. Mel Lisiten, for one, says he has never been busier. The founder and president of Lisiten Associates Business Brokers , on East 38th Street, has hired three new staffers so far this year (for a total of 14) to help handle a rush of new business. Prospective buyers are registering on his website at a rate of about 150 a week, he said.
Why the sudden surge of interest? "We're seeing a large group of former Wall Street executives who want more control over their own destinies," Mr. Lisiten said. "Business ownership is a way to get that, and many people see buying an established company as preferable to starting something from scratch.
"Another factor is that more and more young people, just beginning their careers, looked around during the recession and decided that they don't want to be at the mercy of a corporation," he added.
Of course, not every business is in salable shape. Mr. Lisiten frequently runs across two main obstacles to a successful sale. "The most common problem is that entrepreneurs get so busy running things day to day that they don't keep accurate, detailed records," he said. "Even if you're making money hand over fist, if you can't prove it, your company won't fetch a fair price."
Then there's the little problem of unrealistic expectations. "Many business owners have a vastly inflated idea of what their business is worth," Mr. Lisiten observed.
A standard formula bases the price on a multiple of 3 to 5 times the owner's discretionary income, so that "if you're taking out $500,000 a year, and you have recurring revenues with solid contracts, we can price the business at 5 times $500,000, or $2.5 million," he said.
Trouble often starts when the owner of a far less lucrative enterprise insists nonetheless on a multimillion-dollar price tag. "I have one client right now who says he won't take less than $2 million for his company," said Mr. Lisiten, who described his commission on each sale as "somewhat lower" than the 10% brokers typically charge.
"Luckily, that particular gentleman is in no hurry to sell, so I've told him, 'Fine, we'll wait for a buyer who will pay that,' " Mr. Lisiten said. "But it could be a very long wait. For someone who wants to sell right now, the asking price has to reflect reality." Noted.