How Does It Work?

• Seller decides to Sell casino, poker or sports betting website (Asset), & contacts the Broker
• Broker sends NDA document to Seller to review & sign it – this is between the Seller and Broker, so Seller is comfortable sharing sensitive information with Broker.
• After Seller reviews & signs NDA – Broker will send Prospectus (the questionnaire) for Seller to answer. (Questions which don’t fit the Seller’s business – doesn’t need to be answered)
• Broker and Seller talk about the Asset using Video call (Zoom or Google Meet) – in order for the Broker to better understand the Asset and why the Seller is really looking to sell. (Why the Seller is selling the Asset, is an important factor to the sale process)
• Broker requests from Seller: traffic & revenue details for last 12 – 24 – 36 months to review them.
• Broker performs full Asset research: SEO profile, social media, financials, overall traffic of the Asset and offers Seller valuation (how much the Seller can ask for the Asset – according to the Broker’s professional opinion). Ultimately Seller decides the Asking Price – it should be a reasonable price.
• Seller and Broker sign Broker Agreement (broker commission is discussed before the Broker Agreement is reviewed and signed by both parties – Broker only gets paid the commission after the Sale of Asset is completed. No other fees or commissions are requested up-front.).
• Broker prepares & showcases the completed Sale Listing to the Seller.
• Broker markets the Listing and finds potential Buyers (only 2% (out of 100%) of Buyers which inquired about the Asset – actually are real buyers & decision makers with intent to Buy the Asset).
• Broker performs Buyer financial background check (asking the Buyer for proof of financials) to classify the Buyer.
• Buyer signs NDA with Broker & Seller
• Information will be shared with the proper Buyer
• Buyer decides to buy the Asset at Asking Price or asks for Seller Financing.
• LOI (Letter of Intent) from Buyer is sent to Seller
• Purchase Agreement document will be created by the Lawyer of Seller or Buyer – which will be reviewed by both parties and broker.
• If Seller agrees on the details written in the Purchase Agreement document – Seller & Buyer sign it.
• Payment from Buyer is transferred to Escrow service (Payment will be in accordance to what is written & agreed upon in the Purchase Agreement.)
• Transfer of Asset can be initialized using Escrow service & Broker’s help.
• Sale of Asset is finished/completed.