Anyone know how best to sell a 5 yr. old clean, seasoned Wyoming corporation?

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Anyone know how best to sell a 5 yr. old clean, seasoned Wyoming corporation?

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TonyG

posts: 2

Jan 01, 2008 10:33 PM ET Quote Report Abuse

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And how much would such an animal be worth?

Any feedback appreciated.

KJC

posts: 69

Jan 02, 2008 3:09 PM ET Quote Report Abuse

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I think in order to make a a determination on how much such a business is worth, we would need a little more information. Actually, a lot more information. Like a look at your balance sheet, income projections for future, years, historical performance, etc. One way to determine the valuation of the business would be to discount future cash flows. In order to do so, there is a lot of information that is needed.

In selling your business, depending on the value we are talking and the type of business, your buyer will want to do their own due diligence, which might involve them sending in a third party valuation team to perform a valuation audit.

As far as finding a buyer goes, you could reach out to a business brokerage firm. I know that both Inc. Magazine and Entrepreneur magazine also have areas where you can post a business for sale on their website. There are also websites that advertise businesses for sale.

TonyG

posts: 2

Jan 03, 2008 12:13 AM ET Quote Report Abuse

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Thanks for the reply, but it`s just a corporate shell ("clean") - never been used or attached to a business. It`s more valuable than a brand new one you might get from the Wyoming secretary of state because the company buying it gets the patina of age and experience.

If anyone knows what I`m talking about, please reply.

robertj

posts: 1458

Jan 03, 2008 1:06 PM ET Quote Report Abuse

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TonyG,

I know what you are talking about but I`m not able to give you a valuation.

I suggest contacting a company that offers shell companies and see what they charge.

You could also contact a securities attorney and see what their thoughts might be.

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