What is a seller account?
A seller account is for anyone looking for an efficient and cost effective way to sell a private business. Tresle seller accounts have two overarching groups of users: business owners & business brokers.
Business owners can list their business for sale, track their results, access professional assistance, engage in conversations, and save money on the sale of their business.
Business brokers can use Tresle as a tool to convert more sales; Tresle allows brokers to build a buyer list, send and receive digital documents, engage in negotiations with buyers, and ultimately close more deals.
What are the advantages to listing businesses with Tresle?
Tresle makes selling a business manageable. Sellers no longer need to be spammed by unwanted buyers nor pay high fees to sell a business. Selling with Tresle allows you to take control over confidentiality, whom you contact, forming deal terms, and ultimately the sale of the business.
With a Tresle Seller account you can access tools to help you through the selling process. Our resource center lets you reach out to advisors, accountants, and lawyers that specialize in business transactions. Furthermore, our customizable digital documents allow you to send out and sign NDAs prior to releasing information on your business. They also allow you to receive and sign Letters of Intent that lay out the preliminary terms of the deal. And the best part is that you only pay when you sell!
How do I determine my company’s listing price?
Determining a listing price can be tricky, because ultimately, the business is worth what the market will pay for it. The key, however, is figuring out an accurate range where both parties will be happy. To find this range, you can use our business valuation calculator or you can reach out to us and we will connect you with a trusted business intermediary professional*.
*Additional costs apply.
How much do seller accounts cost?
Seller accounts are free to set up. Tresle charges a success fee when a business is sold. In other words, when you get paid, we get paid.
Self-listed business sellers pay a scaled success fee ranging from 1-5% after closing.
Business brokers (license number required) are encouraged to contact us for pricing.
Where can I get help with selling my business?
Unlike a lot of other services, Tresle aims to offer our users as much support as possible. Within the portal, users can access the resource center to contact lawyers, accountants, advisors, brokers, etc… with experience in business transactions. You can also call our support line at 1-888-567-9226 and our broker partners or staff can help you with any questions you may have.
Can anyone see my company for sale on Tresle?
Currently, any buyer user can see every listing for a business for sale.
Can I sell my business that is not profitable?
Yes, a business is not required to be profitable to be listed for sale. However, in most cases the value and corresponding sale price will be higher if the business is profitable.
Are there fake buyer accounts?
Tresle prides itself on ensuring we provide a safe, trustworthy environment for everyone involved. The platform has email, text message, and credit card verification upon sign up. However, we still advise everyone to take adequate precautions when meeting people online.
What is a success fee?
A success fee is Tresle’s fee on a successful sale. The fee is drawn as a portion of the business selling price and is charged to the seller upon the sale of their business listing. The payment terms require the success fee to be paid within two (2) business days of the closing date. Please see our Terms of Service for more information.
For self-listed business owners, the success fee is based on a scale system starting at 1%.
Business brokers must contact us for pricing.
- Can I email or fax you my ad?
What is the best way to promote the sale of a business on Tresle?
There are many ways to make your business listing stand out on Tresle. The more information, generally the better. Buyers want to get a sense of what the business is about prior to advancing. This doesn’t mean upload sensitive information, but filling out as many fields as you feel comfortable with past the required ones helps buyers find and become interested in your listing.
Another good way to promote your listing is by including description tags. Description tags are words that help describe what the business is about. For example, if you have a listing for a coffee shop, some tags could be: coffee, restaurant, cafe, food, etc… The buyer portal search function allows them to search for listings by tags (amongst other things) so having descriptive tags can help your listing’s promotion.
How can I protect my privacy and my business’s confidentiality?
You should treat every person you meet on Tresle as if you just met them on the street. By this we mean you shouldn’t disclose any sensitive information about yourself or the business prior to signing a Non-Disclosure Agreement (NDA).
Sending out an NDA to the prospective buyer(s) you match with is the best way to protect your privacy and your business’s confidentiality. An NDA protects you against just anyone, especially a competitor, using your company’s information on pricing, strategy, employee data, projections, etc. to their benefit.
By signing an NDA, the seller has some level of comfort that if the opposing party violates the agreement, the seller is entitled to seek relief for lost profits or any potential harm suffered by the business. For more information on NDAs, please visit ‘Digital Documents’ FAQs on the menu bar to the left.
How do I update my seller profile?
To update your seller profile:
- Log in to your account
- Click on your portrait in the top right corner and select ‘Settings’
- From here, you can adjust anything on the menu to the left
To update a business listing:
- Log in to your account
- Click ‘My Listings’ on the portal header
- Click ‘Edit Business Profile’
- Update business listing
- Click save
What is a listing view?
A listing view is recorded when a unique buyer user clicks on your business listing. However, this does not mean the buyer requested a match. The number of views your listing(s) has can be found by going to ‘My Listings’ found on the portal header.
What are broker-seller accounts?
Broker-seller accounts are designed specifically for business brokers to get the most of their for sale listings. Brokers are able to list as many businesses as they want and receive special bulk pricing.
To sign up, check the ‘I am a Business Broker’ on the first page of the seller account signup - where you will be required to enter your principal state of operation as well as your license number.
If you have any questions or want to inquire about our broker pricing, please visit our contact page and reach out.
What are the differences between broker accounts and regular seller accounts?
The main difference between broker-seller accounts and regular seller accounts is the fact that there is no cap on the amount of listings brokers can post. Because of this, there is a different price tailored to the bulk nature of business broker listings.
All other aspects of the accounts- resources, digital documents, confidential real-time messaging, etc... remain the same.