- CountyNorfolk
- Where business happensQuincy Center, Wollaston, Quincy Point, Hancock Street
- Who sells hereRestaurants, marine trades, contractors, medical offices
What buyers see in Quincy
Quincy has a working waterfront, a strong restaurant scene in Quincy Center and Wollaston and a large number of trades and medical offices. Many companies have served the same customers for years.
Buyers like long operating histories and repeat customers. They also want proof that the business can run without its founder.
What raises the price here
Marine and waterfront companies draw buyers when the permits and lease are in good order, as in the page on marine services companies. Restaurants benefit from licenses and a long lease.
Show steady books, a trained staff and customers who return.
Quincy paperwork to expect
A restaurant sale may need the board and state approvals described in the alcohol license guide, though Quincy has its own licensing process, so ask the city.
The state notice for an asset sale is covered in the bulk sale guide.
Questions a Quincy buyer will ask
Buyers want to know why you are selling and whether your best employees will stay. They also ask about your lease and whether sales are seasonal.
Expect requests for tax returns, financial statements, bank statements and an asset list after the buyer signs an NDA.
Next step
If your Quincy company brings in about a million dollars a year or more, request a value estimate or call (617) 555-0158.
