Irwindale Commercial Business Sales

Important Questions You Need to Answer Before Selling a Business

When getting ready for commercial business sales Irwindale, the first thing you ought to do is bring in an expert to guide you through the process. At So-Cal Business Brokers we believe we have the best team for the job. We have been selling businesses for more than 20 years now. We understand the market better and know how buyers think. Once you hire us, there are four key questions we will need you to answer before we get your business listed.

Would you sell for less to the right buyer?

The purpose of this question is to help us understand which is more important to you: selling to the right buyer or selling for maximum profit. After we start marketing your business for commercial business sales Irwindale, you will get dozens of potential buyers. Our job is to prescreen these buyers before letting them through to you. When we know what is more important to you, we will be able to screen buyers more effectively. 

Would you accept a lower offer for cash at closing?

This is yet another very important question you have to answer. If you are pressed for cash, it is okay to search for cash only buyers. However, if you can wait a little longer, you can choose other options that help you earn more but over a period of time. Seller financing, for example, will help you make more money but you it will take a while before you receive the last payment. If you are only interested in cash only clients, we may recommend that you lower your selling price. That way it will be easier for you to find the right buyer.

Have you set your priorities straight?

Having your priorities set is very important. This is more so when it comes to what you are ready to sell. Not having your priorities set may give buyers the wrong impression. Needless to say, this can have dire consequences. As you get ready for commercial business sales Irwindale, we highly recommend that you compile a list of your main priorities. What do you want to sell and what is not for sale? Our business brokers will be happy to work with you as you determine what is more important to you.

How long are you willing to stick around after the sale?

Last but not least, you have to determine how long you plan on sticking around after the sale. This is required to help guide the new owner. In our experience, a maximum of 6 months is enough. You may have to stick around much longer if yours is a complicated business. Being clear on how long you wish to stick around will help eliminate misunderstandings.

At So-Cal Business Brokers we are committed to helping you sell fast and for the best price. Give us a call now and let’s discuss how we can help close fast and for the best price. We offer a free consultation.

Commercial Business Sales Irwindale