7 tips for finding the right business broker
Not all brokers are created equal. Here's what to look for when choosing someone to represent your life's work.
Provo business broker
Legacy Handoff helps Provo business owners sell confidentially to qualified buyers. We've bought, built, and sold businesses ourselves, so we know how it works. No upfront fees, and you work directly with our team from the first call to closing.
Free estimate
Two numbers and thirty seconds. No email required for the rough range.
Ranges are based on typical Main Street multiples of seller's discretionary earnings. A real valuation looks at a lot more than two numbers.
Figures reflect Legacy Handoff transactions. Your business may sell above or below these numbers.
Selling in Provo
Utah County is our home turf. Legacy Handoff is based in Highland, and we've built and run businesses in this county ourselves. It's also one of the fastest-growing counties in America: the population keeps climbing, housing keeps going up from Lehi to Payson, and every new rooftop feeds the service businesses that keep the valley running. Construction and trade companies, landscapers, restaurants, medical and dental practices, and the services that support Silicon Slopes have all grown with it. Growth like that does two things for a seller: it supports strong revenue trends (which buyers pay for), and it keeps a steady stream of buyers moving into the area looking for a business to own.
The buyer pool here skews young and motivated. BYU and UVU turn out thousands of graduates who want to own something rather than work for someone, many backed by family capital or SBA loans. Add the tech money along the Lehi corridor looking for cash-flowing businesses to buy, and strategic buyers consolidating trades across the county, and a well-priced Utah County business rarely waits long for interest.
Close to home. This is where we live and work. If your business is in Utah County, your first conversation with us can be across a table this week.
Why Legacy Handoff
Most brokers have never sold a business of their own. Our team has, more than once, and we're still involved in acquisitions today. That changes how we represent you.
You work with Riggs and the people around him from the first call to closing, not an associate you've never met. You'll have our cell numbers.
No retainers, no marketing fees, no hourly billing. We're paid a commission at closing. If your business doesn't sell, you owe us nothing.
We buy businesses too, so we know exactly what the buyer across the table is looking for and where they'll push.
Your business is marketed blind. Buyers sign an NDA and prove they can close before they learn your company's name.
We tell you what it's worth, find the right buyer, and get the deal to the wire. You keep running the business until the handoff is complete.
Serious about acquiring a Provo business? Get on the list. New listings go to our buyers before they're posted anywhere public.
How it works
No mystery, no surprises. Most Provo deals close in six to twelve months, and some have closed in 45 days.
We start with a free consultation to understand your needs and goals: what the business does, what you're hoping to walk away with, and when you'd like to be done. No pitch, no pressure.
We provide a detailed, no-cost valuation of your business. A real number you can defend at the table, not one designed to win your listing.
We craft a confidential marketing plan and advertise your business to our buyer list and the major marketplaces in a generic way that never reveals your name or location. Nothing goes out without your approval.
We screen every inquiry and weed out the tire kickers and time wasters. Qualified buyers sign a confidentiality agreement before they see anything specific, so you can stay focused on your business.
We manage offers and counteroffers with your best interests in mind, keep due diligence moving so a buyer never goes cold, and handle the paperwork through closing. Then it's time to celebrate.
Meet the founder
Riggs Powell started Legacy Handoff after selling businesses of his own. He built a company and helped sell it for eight figures, has sold six businesses himself, and has bought businesses as well. He knows what it's like to hand over something you built from nothing, and what a seller needs from their broker, because he's been the seller.
We're still involved in acquisitions and running businesses today. That keeps us sharp on what buyers want, what lenders will finance, and what a company is really worth. When we represent you, we're not guessing what buyers want. We are one.
Where we work around Provo
We work with owners throughout the area: in person for the meetings that matter, and by phone and video for everything else.
Industries
If it has real revenue, real operations, and a reason for a buyer to want it, we should talk.
More Utah cities: Salt Lake City · St. George · All of Utah
Also serving owners in: Idaho · Wyoming · Montana · New Mexico
Selling a business in Provo
Yes, all of Utah County: Lehi, American Fork, Pleasant Grove, and the Saratoga Springs and Eagle Mountain growth corridor included. We're based in Highland, so most of the county is within 20 minutes of us.
Service businesses with recurring revenue and a manager in place: home services, landscaping with commercial contracts, medical and dental practices, and well-located franchises. Buyers also move quickly on construction and trade companies with clean books and a licensed qualifier willing to stay through transition.
Commission only, paid at closing. No retainers, no upfront marketing fees. If the business doesn't sell, you owe nothing.
Yes. Your business is marketed blind. Buyers sign an NDA and show proof of funds before they learn your company's name.
Learn
Not all brokers are created equal. Here's what to look for when choosing someone to represent your life's work.
A clear explanation of what business brokers do, how they differ from other advisors, and how to decide if hiring one is right for your situation.
Idaho's licensing rule explained, who's buying, Treasure Valley versus eastern Idaho, keeping a sale quiet in a small town, and taxes.
Let's talk
Whether you're selling next quarter or just curious what your business might be worth, the first call costs nothing and stays between us.