Encinitas Sell My Business

What is the Time Commitment when Selling a Business?

As soon as you decide to sell my business Encinitas, one of the top questions you will find yourself asking is how long the process will take. How long will it take from the execution of the marketing agreement to the execution of the purchase agreement? There is no direct answer to this question. This is because so many variables are at play.

In our years in the business, we have found that the condition of your business will have an impact on how fast it sells. For example, if your business has clean records, has no daily oversight needed, has great cash flow, and is in an active industry, selling it will be much faster. The available financing options will also have a part to play. Let’s take a look at the main factors that determine how fast a business sells.

When you come to us because you want to sell my business Encinitas, the first thing we do is perform a business valuation. One of the key objectives of a business valuation is to shed light on the factors that play the biggest role in determining how fast your business will sell. They include the following:

  • Business size. Being a big business is not always better.
  • Cash flow and profitability
  • Industry: is it active or dying.
  • Market competition: is the competition high or low
  • Community reputation and history
  • Standards and processes: are they well documented.
  • Owner’s role: does he have an active or an inactive role
  • Location: Is it a business park, high traffic, downtown, or suburb

On average, the length between listing and the closing time with So-Cal Business Brokers is about 6 months. This duration is 8% less than what is set as the industry average by the BizBuySell. Some of the businesses will sell within weeks while other takes months. In rare cases, we end up with a business that never sells. The good news is that when you come to us, we will not sugarcoat the facts. If your business will be hard to sell, we will let you know that upfront.

The above factors are what determine how long it will take to sell your business. With us you can always count on a transparent process. We work with a team that has the highest level of industry expertise and rely on active marketing protocols. When you want to sell my business Encinitas, we will not just list your business for sale but seek the specific buyer that you are looking for. Give us a call now to learn more.

Sell my business Encinitas