When is the best time to Sell your Business?
Usually the best time to obtain the highest price occurs when the sales and earnings are good and trending upward. A solid earnings trend will enable a buyer to pay a higher price and still meet his return on investment criteria. A history of good performance also gives the buyer confidence in projected future earnings.
When the decision to sell is made, preparing the business for sale should begin by obtaining current financial statements, performing needed repairs, and obtaining current market valuations before any efforts to market the business begins.
Who would buy it?
For most companies, there are several categories of prospective buyers. The most obvious are other companies in the same business for whom the acquisition would be a logical expansion with potential economies of scale.
Based on our experience in selling many businesses, approximately 80% of the prospective buyers are individuals who want to control their own future.
How long does it take to sell your Business?
There is not way to tell you how long it will take to sell your business, but it will sell faster, if you allow me to price it correctly and offer the proper terms. Some factors to consider;
- The initial sales price.
- The down payment.
- The current condition of the business.
- The Fact that it is being promoted within the Empire network of offices.
- The Fact that it is being promoted on the Internet.
Promote the sale of your business with EMPIRE.
EMPIRE continually updates its business listings in order to offer buyers, investors, and future entrepreneurs a wide variety of options that best suit their preferences as well as their investment possibilities.
When you register as a Seller with EMPIRE. You will gain access to Empire’s marketing arsenal in order to promote your business. Our marketing arsenal includes newspaper ads, business listings on our website, public relations activities, and last but not least, the promotion within a network of more than 70 Empire offices worldwide. All the information you provide is strictly confidential.
Benefits for Sellers
EMPIRE Business Brokers offers you a wide array of professional services in order for you to sell your business at the best price possible, in the least time possible:
- We guide you through all the steps necessary to sell your business.
- We help you determine the best price and conditions for the sale of your business.
- We gather all the information and documents necessary for a better promotion and presentation of your business with potential Buyers.
- We produce a written document for the promotion of your business.
- We load your business into our web site so that it can be consulted by potential Buyers who visit our site.
- We send out information of your business to all the EMPIRE offices, national and international, to be promoted with out of town investors.
- We work with our Buyer listings to detect if there is an interest for your business.
- We continually publish ads in the classifieds section of the main local newspapers and magazines to attract Buyers interested in your business.
- We set appointments with potential Buyers, show them the information of your business, and physically show them your facilities
- We provide you with the professionals necessary to complete the sales transaction (Lawyers, Accountants, attorneys, Public Notaries, etc.).
- We conduct the negotiations until we secure a deposit accompanied by a purchase offer for your business.
- We guide you through all the activities necessary for an adequate closing of the transaction
Contact Us today