Before getting into business brokering, I spent 10 years in investment real estate. During that time, I was also an entrepreneur myself owning a tree service company which I ended up exiting after running it for several years. This firsthand experience of building, managing, and exiting my own business, sparked my passion for business brokering. Now I help business owners navigate the sale of their business with confidence and for top dollar.
Your business sale remains private. We protect your employees, customers, and competitive position throughout the entire process.
Access our extensive network of qualified buyers actively seeking business opportunities across the country.
Get a true market value assessment based on industry standards, comparable sales, and current market conditions.
From initial valuation to closing, we guide you through every step of the sale with expert negotiation and due diligence support.
We assess your business's true market value with a comprehensive, confidential analysis.
Your business is marketed to qualified buyers while protecting your identity and operations.
We screen buyers for qualifications and negotiate terms that maximize your value.
Our team guides you through due diligence, contracts, and a successful closing.
Selling a business in Massachusetts puts you in one of the most concentrated and sophisticated markets in the country. Experienced business brokers in Massachusetts help owners navigate an economy built on world-class universities, a leading healthcare and life sciences sector, a strong technology corridor along Route 128, and one of the highest median household incomes in the nation. That combination creates genuine, active buyer demand across a wide range of industries and deal sizes.
Reaching the right buyers and positioning your business correctly still requires a structured, confidential process built around an accurate valuation from the start.
Sell With Millsaps helps Massachusetts business owners navigate the sale process with full confidentiality, no upfront fees, and a process built entirely around achieving the best possible outcome.
The right business brokers in Massachusetts understand that the state has one of the most distinctive economies in the United States. Greater Boston is anchored by an extraordinary concentration of institutional employers, including Harvard, MIT, Massachusetts General Hospital, and a dense cluster of research institutions that few other regions can match. This concentration of talent and capital creates businesses with durable competitive positions and a sophisticated buyer pool that actively seeks them.
The healthcare and life sciences sector is a dominant economic force. The state is a global leader in biotechnology, pharmaceuticals, and medical research, with a cluster of companies in Cambridge and along the Route 128 corridor that draws investment and acquisition interest from across the country and internationally. Businesses that serve this ecosystem, from specialized services to support operations, attract buyers who understand the durability of that client base.
The technology sector along Route 128 and I-495 has a long history as one of the original technology corridors in the country. Software companies, IT service providers, and technology consulting firms in this corridor attract buyers from nationally active technology investors who specifically target the region for its density of technical talent.
Buyer activity across the state includes individual owner-operators with corporate and professional backgrounds looking for established businesses in the $300,000 to $2 million range, private equity groups and search fund operators targeting profitable businesses with $500,000 or more in annual earnings, and strategic acquirers from Connecticut, Rhode Island, New Hampshire, and the broader Northeast expanding their regional presence. International buyers, particularly from the United Kingdom, Canada, and Europe, also target Boston-area businesses because of the city’s global connectivity and reputation.
Healthcare and life sciences businesses are among the most sought-after acquisition targets in the state. The concentration of hospitals, research institutions, and life sciences companies drives consistent demand for healthcare services, medical practices, healthcare staffing companies, and life sciences support businesses. Buyers with healthcare and life sciences experience actively target this market and are often willing to pay premium multiples for well-run operations with established relationships.
Professional and business services including accounting firms, management consulting businesses, IT services companies, staffing agencies, and marketing firms with recurring client relationships sell well because the Boston market’s high concentration of corporate clients and institutional organizations creates a reliable and durable revenue base.
Technology and software businesses including SaaS companies, managed service providers, and technology consulting firms attract buyers from nationally active technology-focused investors who target the Boston and Route 128 corridor for its density of technical talent and innovation-driven client relationships.
Manufacturing businesses, including precision manufacturing, medical device manufacturing, defense-adjacent industrial businesses, and specialty manufacturing, attract buyers who understand the value of established operations in a high-skill manufacturing state. Massachusetts manufacturers often hold relationships with defense, aerospace, and life sciences clients that create defensible revenue streams.
Construction and specialty trades businesses including HVAC, electrical, plumbing, roofing, and general contracting are in consistent demand across the state. Ongoing residential development, commercial construction, and infrastructure investment keep buyer interest healthy, and Boston’s perpetually active construction market makes established trades businesses particularly attractive.
Food and beverage businesses including restaurants, catering operations, and specialty food companies attract buyers looking for established concepts with proven revenue in the state’s dense, affluent consumer markets.
Boston and the surrounding metro area anchor the state’s economy and represent one of the most sophisticated business markets in the country. The concentration of financial services, healthcare, life sciences, technology, and professional services creates a deep and diverse buyer pool. Buyers looking at Boston-area businesses include private equity groups, healthcare and life sciences investors, technology acquirers, and individual buyers with the capital and sophistication to move quickly on a well-prepared acquisition. Confidentiality is particularly important in this market given the density and interconnection of Boston’s professional community.
Worcester, the second-largest city in New England, anchors a Central Massachusetts economy with a growing healthcare, education, and manufacturing base. The region offers buyers access to the state’s market at a lower cost structure than Greater Boston, which makes established businesses here attractive to cost-conscious acquirers who still want the strength of the overall economy. Healthcare, manufacturing, and professional services businesses in the Worcester area attract steady buyer interest.
The Route 128 and I-495 corridors form one of the original technology regions in the country and remain a major hub for software, technology services, and life sciences companies. Businesses in this corridor, particularly those in technology, IT services, and specialized professional services that support the region’s core industries, attract sophisticated buyers who understand the long-term growth trajectory and the value of proximity to the region’s talent and capital.
The process begins with a professional valuation based on your actual financials, current market conditions, and recent comparable transactions. Most small businesses in the state are valued at 2.5 to 4 times seller’s discretionary earnings. Businesses with strong recurring revenue, established client relationships, and limited owner dependency can push toward the higher end of that range or beyond.
Your business goes to market through a confidential listing with no identifying information released until a buyer signs a non-disclosure agreement. Buyers are screened for financial capacity and relevant experience before accessing your financials. Once a qualified buyer submits a letter of intent, negotiation covers price, deal structure, and transition terms. Due diligence and closing follow with legal and financial coordination on both sides.
Most Massachusetts business sales close within 6 to 12 months from the time of listing. For a full breakdown of what affects that timeline, see our guide on how long it takes to sell a business.
Experienced business brokers in Massachusetts value most businesses using a multiple of seller’s discretionary earnings for transactions under $5 million in sale price. SDE is calculated by taking net profit and adding back the owner’s salary, personal expenses, depreciation, one-time costs, and amortization. The result reflects what a new owner would actually earn each year. Our guide on seller’s discretionary earnings walks through the full calculation with a worked example.
Massachusetts small businesses typically sell at 2.5 to 4 times SDE. Businesses in healthcare, life sciences, and technology often achieve stronger multiples reflecting the durability and sophistication of their buyer pools. The state also has higher operating costs than most markets, including elevated commercial real estate and labor costs, which means a business demonstrating strong margins despite that cost structure signals durability to buyers and commands a premium. Larger businesses with $500,000 or more in annual earnings are valued using EBITDA multiples typically ranging from 4 to 6 times depending on sector and growth profile.
Sellers who prepare 12 to 18 months before going to market consistently achieve better outcomes. The key preparation steps are cleaning up financials, reducing owner dependency, diversifying the customer base if concentration is high, and addressing any outstanding legal or compliance issues before buyers find them during due diligence.
For professional services and technology businesses specifically, where value is often tied to client relationships and key personnel, building a management layer that retains those relationships independently of the owner is one of the highest-impact preparation steps available in this market.
If you are weighing whether to sell your business without a broker, that guide covers what that process involves and where it typically falls short.
Most experienced business brokers in Massachusetts work on a success-based commission with no upfront fees. Typical rates range from 8 to 12 percent of the final sale price. No fee is charged until the deal closes. For a full breakdown of how fees work, see our guide on how much does a business broker charge. If you want to understand how brokers structure their business and what drives their compensation, you can learn how business brokers are compensated before your first conversation.
The state’s business market is sophisticated, affluent, and driven by world-class healthcare, life sciences, and technology sectors. Whether you are thinking about selling in the near term or further out, the right first step is a confidential conversation about what your business is actually worth.
No upfront fees. No obligation. Your information stays completely private.
“Communication and industry knowledge were paramount in getting our deal to the closing table! Excellent service all the way around.”
– Guy Michael S.
“This was absolutely a great process, and Matt was wonderful, from beginning to end he made the process as easy as possible. Would absolutely use him again.”
– Bryan
“I really enjoyed working with Matt Millsaps on this sale. His knowledge and expertise shines through and he helped from start to finish with every step of the process. Thank you to Matt and Hedgestone for helping me sell my business and allocating the funds to something bigger and better!”
– Keith
“Matt Millsaps is an outstanding broker and was able to provide the service needed to market my business for a quick sale Matt brought a wealth knowledge through the process. I highly recommend Matt as a broker and a trusted professional.”
– Carlos
“Matt was extremely professional and had great communication skills to help me through this transaction. He kept us informed and was always available. Would highly recommend Matt and his company.”
– Michael
Sell With Millsaps is a trusted business brokerage firm dedicated to helping business owners navigate the complex process of selling their companies. With a proven track record and a commitment to confidentiality, we guide owners from valuation to closing.
Our team understands that your business represents years of hard work and dedication. That’s why we take a personalized approach to every engagement, ensuring that your unique needs and goals are at the center of everything we do.
Seller-First Approach Your interests always come first. We work exclusively for you to maximize your outcome.
Our network spans the entire country, connecting you with qualified buyers wherever they are.
Years of successful transactions have given us the expertise to handle any business sale.
The process starts with a professional valuation based on your actual financials and current Massachusetts market conditions. From there, your business is prepared for confidential marketing, presented to qualified buyers under a non-disclosure agreement, and taken through negotiation, due diligence, and closing. Working with an experienced Massachusetts business broker handles all of this while keeping the sale completely confidential.
Most Massachusetts business sales close within 6 to 12 months from the time of listing. Businesses with clean financials and strong recurring revenue tend to move faster. Deals involving SBA financing typically add 60 to 90 days to the closing timeline once a buyer’s loan is approved.
Most Massachusetts business brokers work on a success-based commission of 8 to 12 percent of the final sale price with no upfront fees. No payment is due until the deal closes.
Most Massachusetts businesses are valued at 2.5 to 4 times seller’s discretionary earnings depending on industry, growth trend, customer concentration, and how transferable the business is to a new owner. Businesses in healthcare, life sciences, and technology often achieve stronger multiples. Larger businesses are valued using EBITDA multiples typically between 4 and 6 times.
Yes. Your business is marketed under a blind profile with no identifying information until a buyer signs a non-disclosure agreement and is qualified financially. Confidentiality is particularly important in Boston’s connected professional community, where premature disclosure can damage employee and customer relationships before the deal closes.
Yes, positively. The concentration of world-class institutions creates businesses with durable client relationships and attracts a sophisticated buyer pool that includes private equity groups, healthcare and life sciences investors, and international buyers. That depth of buyer interest tends to support stronger valuations for well-run businesses.
Yes, and it is strongly encouraged. A business that continues to perform well during the sale process is significantly more attractive to buyers and supports the valuation you are asking for. We manage the sale process to minimize disruption to your daily operations.
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