| Local government | City of Portsmouth, an independent city with its own Commissioner of the Revenue |
|---|---|
| Business corridors | Olde Towne, High Street, the shipyard area and the marine terminal |
| Companies we hear from | Marine trades, industrial services, family restaurants and auto repair shops |
Work Tied to the Shipyard
Many Portsmouth companies do steady work for the naval shipyard and the contractors around it. A buyer will want to know how much of your revenue depends on that work and how long the relationships have lasted.
Read finding a buyer for your ship repair subcontractor and selling a company with one large customer.
Older Buildings
Many businesses in Olde Towne and along the river run from older buildings the owner has held for years. Buyers will ask about the roof, the systems and any flood history. Decide early whether the building goes with the sale.
Family Companies
Plenty of Portsmouth businesses have passed through two or three generations. When no one in the next generation wants to take over, an outside buyer usually pays more than a family member could, since outside buyers can borrow against the earnings.
Portsmouth Filings
Portsmouth's own Commissioner of the Revenue handles the business license and business property return. State steps are covered on our closing obligations pages.
Start With a Number
Knowing a likely range helps you decide whether to sell now or prepare first. Request a sale estimate whenever you are ready.