What does the sale process look like?
Whether you're just exploring, looking for a valuation, or are ready to sell, we are here to help.
1
Step 1
Introductions
Whether we meet you in person, on the phone, through email, we would love the opportunity to learn about you and your business. You have worked hard to get where you are today, and we want to hear your story. We look forward to answering any questions about our process.
2
Step 2
Confidentiality Agreement
If both parties believe there is potential for a deal, we will establish a confidentially agreement, which will be signed by both parties prior to any confidential information being shared. This agreement will protect the information shared between you and AmeriGas. The information you provide is sensitive, and this agreement ensures we safeguard it.
3
Step 3
Sharing of Information and Valuation
To provide a fair valuation of your company, we will ask for necessary information about your business. Financial information (volume sold, revenue, expenses, cost of gas) and operational information (service territory, vehicle information, tank size/ownership) will be requested. The more information we have to complete our valuation the easier it will be for us to explain how we reached our conclusion.
4
Step 4
Letter of Intent
If we both approve the terms of the deal, we will initiate a letter of intent, signifying agreement of the exclusivity of the deal.
5
Step 5
Due Diligence
Due diligence is a collaborative process during which we will confirm any and all of the assumptions made to this point. We will review details of our analysis and the data provided to us. In essence, we are confirming the basis for our valuation and offer. We will negotiate a purchase agreement and all related legal documentation.
6
Step 6
Final Sale
Congratulations! For you, the hard part is over. At this time, we will verify the final inventory and assets that are part of the deal, while our team of experienced professionals will work with you to ensure that a seamless transition occurs for you, your employees, and your customers.