Business Exits By Industry
Selling a Commercial and Industrial Paint Removal Business
The decision to sell your commercial and industrial paint removal business isn't something that should be taken lightly, especially these days. If a business exit is on the horizon, you'll want to check out our suggestions for staying ahead of the market.
Like it or not, a commercial and industrial paint removal business sale is a complicated affair, made even more difficult by the emotions associated with leaving a business you've poured your life into. In our experience, a common owner concern is how the sale will affect customers and employees.
If your exit strategy involves selling a commercial and industrial paint removal business now, sellers need to make a strong case for buyers to purchase at or near the asking price.
Economic Considerations
When you sell a commercial and industrial paint removal business, there are a number of variables you need to consider. Many would-be sellers are laser-focused on economic indicators, anxiously awaiting the perfect time to list their companies. The truth is that perfect market conditions may never materialize. A much better approach is to focus on the factors that always attract buyers and investors. In our experience, the most important factors in the sale of a commercial and industrial paint removal business have little to do with the economy.
Sale Costs
In a commercial and industrial paint removal business sale, pricing is based on a number of factors, including the costs incurred during the sale. Good brokerage takes a 10% success fee off the top of the final sale price. Professional consultations can also represent a significant expense during the course of a commercial and industrial paint removal business sale. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.
Valuation Methods
Professional appraisers can use three methods to determine the value ofa commercial and industrial paint removal business: The income method, the asset method and the market method. While the income method uses anticipated revenues as a value basis, the asset method focuses on the company's capital, real estate and intellectual assets. Finally, the market method determines the worth of your commercial and industrial paint removal business based on the sales of similar businesses in your geographic area. A good appraiser will often use multiple valuation methods to arrive at a reasonable estimate. To drive up your sale price, position your commercial and industrial paint removal business by improving variables like assets, revenue and profitability during the years leading up to a sale.
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