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The Right Selling Price Affects Your Bottom Line

When you’re selling your businss, the price you set is a critical factor in the return you’ll receive. That’s why you need a professional evaluation from an experienced business broker. This person can provide you with an honest assessment of your business, based on several factors including:

  • Market conditions
  •  Current Financial Condition of yourbusiness
  • Leasehold Improvements
  • Key Staff Members & Employees

In real estate terms, market value is the price at which a particular business, in its current condition, will sell within 6-12 months and what a willing buyer and seller come to terms.

If the price of your business is too high, several things could happen:

  • Limits buyers. Potential buyers may not view you business, because it would be out of their buying range.
  • Limits showings. Other salespeople may be less reluctant to view your business.
  • Used as leverage. Other realtors may use this business to  sell against similarly priced business that are better priced.
  • Extended stay on the market. When  abusiness is on the market too long, it may be perceived as not a good opportuntiy.   Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”
  • Wasted time and energy and money for buyer. seller and brokers

Business brokers have known it for years – Profitbale and correctly  priced in the beginning always get you the fast sale for the best price! And that’s why you need a professional to assist you in the selling of your business

   
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Notes: 
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For example: age of carpet & lino, type of kitchen cabinets, property backs park. List major renovations in recent years, etc.
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