If you are ready to sell distribution business, the first thing you need to do is hire a competent business broker to help with the sale. At So-Cal Business Brokers we believe we have the team you need. We have been selling distribution businesses for more than 20 years now and we know what needs to be done to achieve desired results. We sell businesses valued between $500,000 and $10 million. Contact us today to find out how we can help sell your business. We offer a free initial consultation.
As you get ready to sell distribution business, there are a couple of steps you must be prepared to take. In this post we will be looking at the three most important steps.
Get the business ready for sale
The first step is to make your distribution business more attractive to potential buyers. To do this you have to expand your market reach. Now is also a good time to take yourself from the equation. If the success of the business is dependent on you, it will be a lot harder for you to sell it. Our business broker will help hire or train a management team to take over your responsibilities. The goal is to make your business as independent as possible. In addition to that, we will help document all your systems and processes. Doing this makes it easy for the new owner to take over.
Another important thing we will do is expand your market reach. Following a thorough business valuation, we will be able to identify unexplored opportunities you can use to grow your business. Contact us now to find our more.
The next thing you need to do is market the business far and wide. Our job is to cast a wider net so that you don’t only find local buyers but international ones. We use a combination of marketing strategies which including reaching out to buyers already in our database and liaising with industry professionals. With us you can be guaranteed of finding the right buyer within the shortest time possible.
Find appropriate buyers
Thanks to our experience, we know that as you sell distribution business not every buyer that comes knocking is serious about buying. That is why we help you with buyer screening. We prequalify every buyer that contacts us before letting them through to you. Our primary focus is to ensure the buyer can run the business successfully and that they have the finances needed to close the transaction.
We are here to help you sell fast, to the right buyer and for the right price. Give us a call today to take advantage of our free consultation.