It generally takes, on average, between five to eight months to sell most businesses. Keep in mind that an average is just that. Some businesses will take longer to sell, while others will sell in a shorter period of time. The sooner you have all the information needed to begin the marketing process, the shorter the time period should be. It is also important that the business be priced properly right from the start. Some sellers, operating under the premise that they can always come down in price, overprice their business. This theory often “backfires,” because buyers often will refuse to look at an overpriced business. It has been shown that the amount of the down payment may be the key ingredient to a quick sale. The lower the down payment, generally 40 percent of the asking price or less, the shorter the time to a successful sale. A reasonable down payment also tells a potential buyer that the seller has confidence in the business’s ability to make the payments.
Every business is unique in many ways and the value we create for our clients is also unique, not to mention industry leading. We are not just here to provide you a number, we’re here to get personal and passionate with your business and add real value to your life. Our guarantee, if we’re unable to provide you with 300% or more value to your life than the cost of our valuation then it’s free. A typical valuation of a small business generating $1,000,000 or less in revenues is very cheap compared to the end results.
Connect with us today so we may determined together just how much additional value we can unlock.