When it is time to sell distribution business you definitely want to sell fast. Bringing in the right team will increase your chances of selling fast and for the right price. This is what we guarantee at So-Cal Business Brokers. We have sold many businesses in the past and know what needs to be done to achieve the results you need. Our experience and professional network will help sell fast and for the best possible price. In addition to that, we are happy to share with you tips that will help sell even faster. Here are some of the factors that affect how fast you sell.
Asking price
This is a no brainer. If you set an exaggerated price you will lose potential buyers. A price that is too low will also scare buyers off. One thing you need to remember as you sell distribution business is that buyers will perform their own business valuation to determine if your price is just. Our job at So-Cal Business Brokers is to help you set an accurate selling price. We achieve this by not just performing a business valuation but also considering a range of market factors. Give us a call now to learn more.
Type of buyer
Your goals when selling a distribution business will determine the type of buyers you are searching for. There are three types of business buyers:
- Individuals: These tend to move the quickest. They mostly rely on SBA loan programs to get financing.
- Strategic buyers: These take the longest to close the deal. Lots of time is spent developing a post-merger integration plan.
- Private equity groups: These fall in the middle. They are slower than individuals but faster than strategic buyers.
Our business when helping you sell distribution business is to identify the best buyer for your type of business. We do this by considering your type of business, your goals and your overall exit plan. Give us a call now and let us help you identify the buyer that will be perfect for your distribution business.
Other factors that determine how fast you sell include your business’ desirability, ease of getting financing, your business structure and the conditions you have put in place. Fill the form on the right to contact us. We are happy to help you get the business ready for sale and speed up the process. We offer a free consultation.