First steps - selling a company (with premises)
Hello people. First of all, I am sorry if this is a wrong sub, but it's the closest one I could find regarding the topic.

I own a production company in eastern Europe together with my father and one more partner. We decided to sell it, since they are close to retirement age, and I'm planning to eventually leave this God-forsaken country. Potential buyers would be western Europe companies in the same business area we are.

What would be the first step I should consider? How do I begin?

Thanks in advance.
[{"id": "cp96kkd", "text": "If you are looking to value the real estate the company owns only my recommendation would be to get an appraisal from a local appraiser or speak with a local CRE broker. Broker's should have a sense of rough value of properties off the top of their head. If the real estate the company owns is integral to the operation of the business then you will probably want to, or may have to, sell the two together in order to receive the max. strategic value from the purchaser. If this is the case, you would want to sell the RE and business as one. \n\nSelling your business is going to be much different and potentially much more difficult depending on your line of business. There are far more variables to understand in the purchase of a business than the purchase of RE assets. Fee Simple RE assets are more marketable and liquid then operating businesses just from a simplicity stand point alone. If it's a big enough and marketable business you may consider hiring a investment banker (research who has sold similar businesses). It might be better to throw your question out in r/finance.\n\nEstablishing value and selling a company really depends on a number of factors:  \n\n- How big is the company (revenue &amp; profit)?\n- Are you selling the entire business or a portion of the ownership?\n- What industry (higher growth potential should translate to more potential up side and value)?\n- Any high growth / high margin products?\n- What assets does the company own?\n- How much debt does the company have?\n- Does the company hold any cash?\n- Does the company have any IP / patents?\n- Does the company have an established brand?\n- Does the company have any strategic value to a competitor or perhaps another company looking to gain entry in your space (key partnerships, contracts, ect.)?\n- How marketable is the business / industry from an exit standpoint (research other like business that have sold and for what prices, multiples, and when these transactions occurred)? \n- Does the company own any options? If so, for what?\n\n\n\n\n \n\n\n\n\n\n", "replies": [{"id": "cpa1rej", "text": "Well this has been helpful and I can't thank you enough. I'll ask in finance too, and I'll start prepairing the answers to the questions. I knew it's not going to be easy, but now I have a starting point.\n\nAgain, sincerely thank you.\n\nEDIT: http://i.imgur.com/lXVJYnh.png", "replies": [], "depth": 2}], "depth": 1}]