What an Edmond buyer tends to ask first
How much of your work comes from repeat local customers
Whether your growth kept pace as new neighborhoods filled in
Who on staff holds the key customer relationships
How your lease handles assignment to a new owner
Whether personal and company spending are kept apart in the books
A Market Built on Households
Edmond's economy leans on the people who live there. Medical and dental offices, home services, fitness, child care, professional firms and restaurants make up much of what sells in town.
The University of Central Oklahoma adds students, staff and visitors. Companies near campus often see that in their numbers, and a buyer will want to know how much of your revenue depends on the school year.
Growth Buyers Can See
A company that grew alongside Edmond's new subdivisions has a good story to tell. Buyers want proof, though: sales by year, new customers by year and where those customers came from.
Steady growth reads better than a sudden spike. If one year jumped because of a big one time job, say so, and show what the normal years looked like.
Who Buys in Edmond
Local buyers are common. Many are professionals who live nearby and want to own something close to home. They often use SBA financing, which caps at $5 million.
Oklahoma City companies also buy in Edmond to reach north side customers. A company with a manager in place and clean books may draw buyers from outside the state as well.
Senior care is a growing field in the suburbs. Our page on assisted living communities covers what those buyers check.
Earnings That Hold Up
Buyers pay for profit they can verify. Cash that never reached a tax return doesn't count, and personal costs run through the company need to be listed so they can be added back.
The valuation page walks through how seller's discretionary earnings and the multiple turn into a price.
State Steps When You Sell
Your sales tax accounts need to be settled before the buyer can get a permit, and your unemployment account may pass to the buyer. If your company is an LLC, keep its annual certificate current until you dissolve it.
See Tax Commission clearance and successor liability for the details.
Wondering what your Edmond company would bring? Start with the valuation form or call (405) 555-0158.