Sell a Business for the Best Price
Selling a Packaging Machinery Wholesaler
With the economy limping along, many packaging machinery wholesaler owners are hesitant to put their businesses on the market. At Gaebler, we think it's a great time to sell a packaging machinery wholesaler. Here's why . . ..
The process of selling a packaging machinery wholesaler can be one of the most stressful experiences of your entrepreneurial career.
Fortunately for sellers, forward-thinking entrepreneurs continue to be attracted to packaging machinery wholesaler that exhibit strong financials and potential for future growth.
Sale Costs
In a packaging machinery wholesaler sale, pricing is based on a number of factors, including the costs incurred during the sale. Hiring a broker is a mixed bag because although brokers can increase the sale price, they also take a 10% fee. Attorneys, accountants and appraisers work for a flat fee that can range from hundreds to thousands of dollars. If you need to compensate employees to assist with the sale, their services should also be considered.
Emotional Considerations
The sale of a packaging machinery wholesaler can be a rollercoaster of emotions. One minute you'll be elated at the possibility of moving on the next stage of your life and the next minute you'll be nostalgic about the memories of your time at the helm of your business. Many sellers experience discouragement during a long sale process. Although it isn't easy, you can mitigate the emotional impact of a packaging machinery wholesaler sale by setting realistic expectations before you list your business.
Identifying Serious Buyers
Unfortunately, many of the prospects you will encounter aren't serious buyers. Even though tire kickers are a fact of life in any sale scenario, they sap valuable time and energy that could be spent identifying more serious prospects. If you aren't sure what to look for in a serious buyer, ask your broker for advice. Never provide detailed information about your packaging machinery wholesaler until the prospect has been qualified as a serious buyer.
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