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Recent Business Sold- Tons of Great Deals!

Just wanted to give some hope to some buyers and sellers as there are still plenty of great opportunities and timing is everything.  Often in this industry buyers will go from business to business broker to broker and never pulling the trigger on that perfect opportunity.  There is no perfect opportunity.  They are issues and problems with every and all business just as business is life and in the great words of my 9th grade history teacher Mr. Richard Defrances "The only time in life when you don't have problems is when your dead".  (this could be argued but for the most part is true).  Just wanted to let you know we sold a deli that was once doing over 1,000,000 in sales was purchased last week for less than the asset value.  The buyer had been looking for over a year and after some trepidation purchased this business for less than 1/10th of the original asking price.  Sellers don't make the mistake of pricing your business as often lis the case the first offer is usually the best in a tough economic time.  Business that sit on the market too long are subject to questioning "Why hasn't this sold".  

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# re: Recent Business Sold- Tons of Great Deals!

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