How to sell a business in Utah: a step-by-step guide for owners
Licensing, taxes, leases, buyers, and closing, with the Utah details generic guides skip.
Montana business broker
Legacy Handoff helps Montana 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 Montana
Bozeman, Missoula, and the Flathead Valley are magnets for relocating buyers with capital, and Billings anchors a steady regional economy. Montana businesses with recurring revenue and a team in place are in demand from buyers who want to live there and need an income to do it.
Montana attracts lifestyle buyers relocating from the coasts, local operators expanding, and strategic buyers in construction, outdoor, and hospitality. Many bring cash from a previous exit or home sale. SBA loans finance most deals under $3 million.
About licensing. Montana requires a real estate license only when a business sale involves an interest in real estate. Legacy Handoff brokers the business itself. When the property is part of the deal, we partner with a licensed Montana real estate professional and coordinate both sides.
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 Montana 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 Montana 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 in Montana
We work with owners anywhere in Montana: 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.
Also serving owners in: Utah · Idaho · Wyoming · New Mexico
Selling a business in Montana
Only when real estate is part of the transaction. Montana's licensing law covers business opportunities that involve an interest in real estate. For the sale of the business itself, no license is required, and we broker it. If your property is included, a licensed Montana professional handles that piece.
By phone, video, and travel for the meetings that matter. Most of the work in a confidential sale, from valuation to marketing to buyer screening to negotiation, is done remotely anyway. We come out for the initial visit, buyer tours, and closing.
Businesses that give a relocating buyer an income and a reason to be there: construction and trades, outdoor and recreation, hospitality in the resort towns, and medical or dental practices. Anything with recurring revenue and a team that stays.
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
Licensing, taxes, leases, buyers, and closing, with the Utah details generic guides skip.
SDE, multiples by industry, and three Utah examples that show why the same profit sells for different prices.
Typical commissions, minimums, retainers to avoid, and what to read before you sign.
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.