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5 Reasons to Consider Selling Now

1. Buyers are out there and ready. Despite predictions that the market would evaporate as a result of the COVID stay at home orders, we are seeing strong interest right now in good business opportunities. Buyers appear eager to make a permanent change in their work that enables them to be in charge rather than work for someone else.

2. Avoid the Rush. Many owners that were considering retiring before the last economic downturn, stayed on during the rebuild and then continued on due to their strong financial performance. Many of those will be ready to exit now and a flood of businesses for sale is anticipated.

3. Entrepreneurs make their move when the economy slows. People who were comfortable in high paying jobs are using this disruption to pursue other opportunities and business ownership is one of the main ones. They know that it is easier to build an existing business than to start one from scratch.

4. Interest rates are at all-time lows. In addition, the SBA is offering special programs on closings completed before September 27, 2020.

5. Prior to the pandemic, your business was probably performing at its peak. So even if it was hit hard by the stay at home orders, we can help position the business favorably in the marketplace.

Additionally, over the last few months, you have probably made some changes to your business that will make it more saleable such as reducing expenses, trimming staff and implementing other operational efficiencies. These changes will make the business even more desirable.

Please contact us when you are interested in having a conversation about your options and opportunities.

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