Business Exits By Industry
Selling a Christian Science Church
The business-for-sale marketplace has experienced no shortage of uncertainty over the past several years. But Christian Science churches haven't heard the news and are reporting steady action on the business-for-sale market.
Most business sellers are interested in disposing of their businesses as quickly as possible. But that's not how a Christian Science church sale works.
The business-for-sale market is extremely dynamic. That's why we think it's important for Christian Science church owners to know that it's possible to sell a business in any economy. To improve sale outcomes, you will simply need to tailor your Christian Science church to today's buyers.
Negotiation Exit Strategy
If the devil is in the details, the negotiation stage of a Christian Science church sale is the devil's playground. But sooner or later, someone needs to bring negotiations to a close. Unfortunately, that responsibility often falls on the seller. In a Christian Science church sale, a stalled negotiation can be an indication that the deal is dead. Since it can be difficult to tell whether the buyer is serious or playing games, it's important to know the lower boundaries of your negotiation strategy and be willing to walk away from the negotiation table, if necessary.
Benefits of Third-Party Assistance
Rarely, if ever, do owners sell a Christian Science church without outside assistance. Brokers can be an important resource for your sale, especially if you are unfamiliar with the business-for-sale marketplace. Other early hires include the professionals you will need to valuate the business, prepare financial statements and navigate legal considerations. The early recruitment of external resources reduces your risk and results in a more predictable final outcome.
Realistic Expectations
Emotions run high during the sale of a Christian Science church. You have invested yourself in making your Christian Science church the success it is today, but in the eyes of prospective buyers, your operation is only worth fair market value. In our experience, the most successful sales are ones in which the seller has made an intentional effort to remain objective and set realistic expectations. Many sellers create a negotiation team to minimize the effect of their personal emotions on negotiations. More importantly, this team can perform a reality check on your expectations for the sale.
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