Niche Exit Planning Strategies
Selling a Distilled Water Retail Business
Selling a distilled water retail business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.
Waiting for better economic times to sell your company? That's a common anthem in the small business community.
Despite the overall mood of the marketplace, distilled water retail businesses are still an attractive investment, especially when sellers have invested time and energy in preparing their companies for a sale.
Moving On
The decision to sell your distilled water retail business can't be made without adequate consideration of what will happen after the sale. many sellers find themselves ill-equipped to handle life after their business and fail to understand that their future plans can influence the sale process. For example, seller financing can be an extremely valuable concession, especially in the current economy. But if you need all of the proceeds of the sale upfront, seller financing is off the table and you'll need to find a different way to make your distilled water retail business attractive to buyers.
Why Confidentiality Matters
In the business-for-sale universe, publicity translates into risk. If you are rigorous about maintaining a confidential sale, there is little risk in putting your distilled water retail business on the market. But if word leaks out to the wrong people, your competitors can use that information to steal business and damage your credibility. Although it can be difficult, it's important to strike a balance between confidentiality and sale promotion. If confidentiality is important to you (and it should be), your best bet is to consult with a professional business broker about maintaining a confidential distilled water retail business sale.
How Much Does It Cost to Sell a distilled water retail business?
In a distilled water retail 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. Attorneys, accountants and appraisers work for a flat fee that can range from hundreds to thousands of dollars. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.
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