Three Common Questions Business Sellers Ask
Commercial business sales Industry require a lot of preparation. You cannot wake up one morning and decide to sell your business by the end of the year. It takes time to get the business ready and to sell it. Our duty at So-Cal Business Brokers is to ensure you make calculated decisions throughout the sale. We want you not only to sell for maximum profit but to the right buyer. Here are three questions most of our clients ask.
How long does it take to sell a business?
On average, it takes between 6 months to 2 years to sell a business. It depends on the type of business that is being sold, how it has been priced, its size, terms set by the business owner and a range of other factors. The sooner you have the required information to start the marketing process the shorter the time period will be.
When getting ready for commercial business sales Industry we recommend that you contact us as early as possible. A failed sale attempt can make it harder for any business to sell. By bringing our team onboard early, we will be able to prepare the business sufficiently and ensure we use the right strategies. At So-Cal Business Brokers we have a 90+% success rate selling manufacturing, distribution, service and Internet businesses. Contact us now to find out if we can sell your business.
Why is seller financing so important?
Offering an incentive will certainly speed up the sale. This is because it shows a potential buyer that you have confidence in your business. This is the signal buyers get when you offer seller financing. Seller financing saves buyers from going through the trouble of borrowing the money needed to acquire the business from elsewhere. The best thing about offering seller financing is that you subsequently sell for much more. Our team will help you set favorable terms which include adding an interest rate.
What happens when you find a buyer?
Our business brokers in Los Angles will take care of this part. Once you find a buyer, our team will prescreen the buyer and then require them to submit a written offer / proposal. We will then help with negotiations and ensure all relevant documents are available and agreements properly worded and signed.
We are here to answer any question you may have and help sell fast and for the best price. Contact us now if you have any question. We offer a free consultation.