Selling a business is a complex decision thus the reason you must always involve the help of a manufacturing business broker. Our team at So-Cal Business Brokers will eliminate the guesswork to ensure you not only sell at the right time, to the right buyer and for the best terms but also sell fast and for maximum profit. We have close to three decades of experience selling manufacturing businesses. All in all, even with our support, here are a few important points we recommend you keep in mid.
Have an exit strategy
When looking to sell a manufacturing business, it is important to have a coherent and well thought out exit strategy. Developing a great exit strategy has to be on top of your to-do list. As a matter of fact, it is recommended to develop an exit strategy as soon as you open your business. Our manufacturing business brokers have helped create exit strategies for a variety of businesses. Our input will guarantee that you come up with a foolproof exit strategy. Contact us now to find out more.
Understand not every business sells
This is a very important point to remember. It is estimated that only 20 to 30 percent of businesses that are on the market find a buyer. This is an important point to remember especially if a majority of your wealth is tied up in your business. It is because of this low success rate that we at So-Cal Business Brokers are so picky when choosing a client. If we take you on as a client, you can rest assured knowing we believe we can find the right buyer. What is even better is the fact that we only ask for a success fee. You only pay us after closing. We will not charge you for business valuation, market review, packaging and other services other brokerage firms charge.
Not every buyer with cash is the right buyer
The worst mistake you can make is that of assuming that the potential buyer you are dealing with will end up buying your business because he has the cash. Thanks to our experience selling businesses like yours, we are able to tell when a buyer will not go through with the sale. It is the job of our manufacturing business broker to thoroughly screen potential buyers and only let in those that offer the most promise.
Working with us is the fastest and easiest way to check off all the aforementioned points. Give us a call today for a free consultation with our experienced manufacturing business brokers.