Exit Planning Advice By Market
Selling an Antique Art Nouveau and Art Deco Dealership
Economic uncertainty influences the timing of many antique art nouveau and art deco dealership sales. But based on what we're seeing in the business-for-sale marketplace, we don't think economic conditions should deter you from putting your antique art nouveau and art deco dealership on the market.
When it comes to selling an antique art nouveau and art deco dealership, there are no shortcuts to success.
If you're ready to move on, now is the right time to sell your antique art nouveau and art deco dealership.
Equipment and Inventory Concerns
It's incumbent on buyers to commission their own appraisal of your antique art nouveau and art deco dealership's physical assets. Your appraisal should occur before you put your business on the market. A professional appraisal is a necessity because it gives you the information you need to negotiate a sale price. When you conduct your appraisal of your assets, note their condition and include it in the information packet you prepare for prospective buyers.
Advertising Your Sale
Successful antique art nouveau and art deco dealership sales listings are intentionally promoted to the right prospects. But if you think advertising your antique art nouveau and art deco dealership will be the same as running a product promotion, think again. Multiple factors complicate business-for-sale advertising, not the least of which is the fact that you don't want your competition to know that your company is on the market. If sale information leaks out, competitors can use it to steal customers and circulate negative messages about your business throughout the industry. Business brokers are skilled at publicizing antique art nouveau and art deco dealership sales while maintaining the confidentiality that is critical to your business.
Working with Appraisers
An experienced appraiser is part and parcel of a successful antique art nouveau and art deco dealership sale. By hiring an appraiser to conduct a thorough appraisal of tangible and non-tangible assets prior to listing, you get a measure of the true worth of your business. Although the appraised value of your business may not be the same as the sales price, you gain valuable insight that can be used to your advantage during negotiations. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.
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