When it is time to sell manufacturing business you need to know what makes your business unique. Buyers are more interested in businesses that are unique. The more unique your business is the easier it will be to sell. At So-Cal Business Brokers we specialize in the sale of manufacturing businesses. We know what buyers are more interested in and will help you make your business more attractive to them. In our experience, here are the main qualities that make a business more attractive to buyers.
Known brand name
Does your business have a well-recognized name? Buyers want a manufacturing business whose products have a well recognizable name. A name that is well known in a specific region makes it easy to win the trust of buyers. Having a product that has a unique taste or appearance is also an advantage. One of our duties as we sell manufacturing business is to identify the things that make your business unique. We stress on those areas when marketing to prospective buyers.
Dominant market position
This is a no brainer; having a dominant market position will make your business more attractive to buyers. Yes your business doesn’t have to be a Fortune 500 but if it is a major player in a specific niche in the market it will be considered to have a dominant position. Following a business valuation we will help you identify opportunities and discus options that can help you have a dominant position. We specialize in the sale of manufacturing businesses and we will be able to win your target buyers over.
Impressive customer list
How is your customer list? The more impressive it is the easier it will be for you to sell. A list of loyal customers will make your business more attractive to buyers.
Several intangible assets
Tangible assets are great but so are intangible assets. Our team will help you identify all your intangible assets right from long and favorable leases to recognizable brand name. We want to help you sell for maximum profit and one the things we do to achieve this is help you identify and value your intangible assets.
Other key things that make a business attractive to buyers include:
- Price advantage. If your products are cheap than other similar products.
- Difficulty of replication. Where the products you manufacture are not easy to replicate.
- Proprietary technology. This accounts for proprietary technology, specialized applications, trade secrets and other proprietary information.
We are here to help you sell manufacturing business for maximum profit and to the right buyer. Take advantage of our free consultation and talk to one of our experienced business brokers. We are always happy to hear from you.