Smart Exit Planning Strategies for Niche Markets
Selling a Gambling Addiction Treatment Center
The business-for-sale marketplace has experienced no shortage of uncertainty over the past several years. But gambling addiction treatment centers haven't heard the news and are reporting steady action on the business-for-sale market.
Selling a gambling addiction treatment center? You'll need to be prepared to address a variety of challenges that are common in the business-for-sale marketplace.
At Gaebler, we're seeing gambling addiction treatment center sellers succeed by applying sound sales principles combined with a refusal to be intimidated by a down economy.
Broker vs. No Broker
When selling a gambling addiction treatment center, you have two choices: Hire a broker to facilitate the sale or perform the sale unassisted. Is there a cost associated with hiring a broker? Sure - about 10% of the final sale prices. But a good broker will make selling your gambling addiction treatment center much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.
Laying the Groundwork
In addition to improving profitability and market share, planning the sale of your business will require you to think about how you will present your company to buyers. Professional business brokers understand buyers and know how to properly communicate a gambling addiction treatment center to the marketplace. Specifically, brokers can advise you about the preparation of financial statements and other documents buyers expect to see in a premium gambling addiction treatment center opportunity.
Negotiation Teams
Business sellers are sometimes surprised to find themselves in the position of negotiator-in-chief. When you sell your gambling addiction treatment center, your business brokers may or may not be willing to conduct negotiations for you. But although you will responsible for negotiating terms with buyers, you should never approach negotiations without support. By enlisting the assistance of a negotiation team (senior leaders, experienced negotiators, etc.), you can improve the quality of your negotiation strategy and position yourself to receive top dollar for your gambling addiction treatment center.
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