New Business brokerage platform, BuyMyBusiness, launched in Nigeria
A new platform for business brokerage services has been launched in Nigeria by Dobizness. The platform, known as Buy My Business (https://buymybusiness.com.ng) or BuyMyBusiness, is designed to enable quicker and better transactions in business brokerage services across Nigeria for those buying a business, selling a business, franchising their business or who want to either conduct a business valuation or due diligence,
Buy My Business (https://buymybusiness.com.ng) or BuyMyBusiness enables entrepreneurs and business owners to cash in on their business values while transfering ownership to others and sustaining their legacies
Buy My Business will serve as middlemen between business buyers and sellers. By bringing buyers and sellers together and assisting them in negotiating win-win deals, Buy My Business provide a crucial marketing purpose. It will also assist with deals by offering knowledge and counsel. The ensense is to sustain business legacies and the dreams of founders.
While the market size, measured by revenue, of the business Brokers industry in the USA was $1.9bn in 2022 with total deals completed valued at over $10 billion, same cannot be said of Nigeria. The fact remains that without the brokers some of those companies would have died, continue to struggle or become a problem to the economy. In fact, in the US and the EU, the market size of the Business Brokers industry increased faster than the Advisory and Financial Services sector overall with over 100,000 SMEs bought and sold each year.
In the same vein, the economic output of the more than 790,500 franchises was valued at approximately 825 billion U.S. dollars, accounting for about 3% of the US national GDP.
The BuyMyBusiness platform spares buyers the trouble of screening potential customers. It can assist the business buyer in determining what they can afford in addition to screening and may be able to help them secure finance to buy the firm. Buy My Business (https://buymybusiness.com.ng) or BuyMyBusiness brokers can also assist with licences, permits, and other documentation, just like they can for sellers.
With Buy My Business (https://buymybusiness.com.ng) or BuyMyBusiness, businesses and entrepreneurs can now enjoy the following services:
1. Sell a business
2. Buy a business
3. Franchise a business
4. Invest in a business and get investors for a business
5. Business valuation
6. Business due diligence
According to the platform “BuyMyBusiness Business Brokers offers a wide variety of services in the business transaction field. Valuation services, transactional guidance and custom business searches are in our repertoire. As a business owner, you have spent years building your company to the point it is at today. If you are at the point where you are considering selling, that likely means you are profitable. While you have the know-how necessary to build a profitable company, you might not know how to sell it”
Sectors Covered
“BuyMyBusiness Business Brokers is a brokerage dedicated to mediating the sales of all kinds of companies, be it online, brick and mortar, technology, product or services based. We work with you and your business to find a buyer that is going to be a good, lucrative fit. We have experience with the process that could prove incredibly valuable”.
“Our businesses range from distribution and retail outlets, hospitality establishments and restaurants, to mining, microfinance banks, other financial services, service-related and information technology companies, manufacturing, oil and gas and construction. Our dedicated team is here to assist you in sourcing and purchasing a business best suited to your needs and budget. If you are looking to buy a business, contact us to talk to one of our business brokers”
“BuyMyBusiness Business Brokers deals with buyers, sellers, investors, businesses and franchise opportunities. We have a deep understanding of the requirements for each type of sale. Our experience in all aspects of Mergers and Acquisitions can give your sale a boost.”
