Business Exit Planning
Selling a Moccasins Retail Business
Many business leaders say that now isn't the time to try to sell a moccasins retail business. At Gaebler, we think it's a great time to sell a moccasins retail business. Here's why . . ..
These days, the prospect of selling a moccasins retail business is so daunting that many would-be sellers are biding their time, waiting for a break in the economic clouds.
Fortunately for sellers, forward-thinking entrepreneurs continue to be attracted to moccasins retail businesses that exhibit strong financials and potential for future growth.
Tips for Seller Financing
Capital is hard to come by these days. Banks and other lending institutions aren't eager to lend to unproven and undercapitalized moccasins retail business buyers regardless of the business's potential. Rather than abandon their plans entirely, many buyers are pursuing finance concessions from sellers. Although 100% seller financing isn't recommended, sellers are financing up to 70% of the sale price to close deals.
Tips for Working with A Business Broker
Many sellers employ business brokers to manage the details and direction of their sale. Brokerage is particularly common in the moccasins retail business-for-sale market, where aggressive selling strategies are the norm. Brokerage doesn't replace the seller's requirement to be involved in the sale; it augments the seller's efforts and creates a more seamless sale process. Successfully brokered sales are based on solid relationships between brokers and sellers as well as the strict execution of a common selling strategy.
Sale Preparations for Your Moccasins Retail Business
First-time business sellers sometimes don't realize that the success or failure of their sale is determined before it hits the market. Attractive moccasins retail business listings are the culmination of a preparation process that began months or even years ahead of time. Even though it may take years to adequately position your moccasins retail business, the amount of preparation you perform will have direct correlation on asking and sale prices. It is especially helpful if your financial reports can demonstrate a multiyear growth trend for potential buyers.
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