Exit Planning Advice By Market

Selling an Antique Silver and Silverware Dealership

Looking for shortcuts? You won't find them when you sell an antique silver and silverware dealership. In this industry, a business sale takes time, effort and dedication. We'll tell you how to thrive in the middle of it and get top dollar for your company.

Business sellers are notorious for second-guessing themselves about the right time to put their companies up for sale.

You'll always have an excuse for not putting your business on the market. Any antique silver and silverware dealership can be sold at any time -- you just need to know how to influence the right buyers.

Timing Your antique silver and silverware dealership Sale

Most business owners know when it's time to exit their company. Some experts are telling antique silver and silverware dealership sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the antique silver and silverware dealership marketplace. With fewer antique silver and silverware dealerships on the market, there are ample opportunities for sellers to capture the attention of qualified buyers.

How to Work with Business Brokers

Brokerage is a mainstay of the business-for-sale marketplace. Brokerage is particularly common in the antique silver and silverware dealership-for-sale market, where aggressive selling strategies are the norm. However, your broker will still expect you to materially participate in the sale of your business. To maximize your broker's potential, conduct periodic consultations throughout the process and deliver requested information as quickly as possible.

Tips for Seller Financing

Capital is hard to come by these days. Financial institutions have tightened up their lending policies, making it difficult for inexperienced and undercapitalized entrepreneurs to buy antique silver and silverware dealerships. As a result, buyers expect sellers to finance a significant portion of the sale. Although 100% seller financing isn't recommended, sellers are financing up to 70% of the sale price to close deals.

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