Questions You Have to Ask When Selling Your Business
Commercial business sales Hermosa Beach are complicated. The last thing you want is to go in blind and without the right support. Our job at So-Cal Business Brokers is to ensure you have all the ducks in line before you move forward. We want to help you sell fast and for the best price. We have been doing this for clients like you for more than 20 years now. Even with our help, there are a number of questions we ask that you answer before you move forward.
How much is the business worth?
When getting ready for commercial business sales Hermosa Beach you need to know exactly how much your business is worth. There are many factors that affect the overall value of a business. They include your industry, current market atmospherics, size of your business, trends in growth and so on. Our business brokers will do the market research for you, perform business valuation and package the business for you free of charge. You only pay us a success fee once we sell your business. Give us a call to learn how we determine value and how we help with pricing.
How long will it take to sell the business?
If you have never sold a business before it is easy to assume that you can sell it within a couple of months. The truth is it takes longer than that to close. Selling a business takes somewhere from 8 months to 4 years. It all depends on the nature of your business, industry, incentives offered and a variety of other factors. After performing an initial evaluation we will be able to tell you how long it will take to sell your business.
How can you sell the business quickly?
To sell your business quickly we have found you have to offer incentives. The incentives can range from agreeing to stay on supportive role to offering seller financing. We have probably sold many businesses that are similar to yours. Our team will be able to determine the best incentive that will attract more buyers. We have also found that setting a fair selling price also speeds up the sale. Contact us today to find out more.
As one of the leading business brokerage firms in Los Angeles we want to help you close fast and for the best price. We have your best interest at heart simply because your interests and ours are intertwined. Give us a call now to learn how we can help with commercial business sales Hermosa Beach. We offer a free consultation.