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Selling a Certified and Registered Massage Therapists Business
Don't believe anyone who tells you it's easy to sell a certified and registered massage therapists business. A lot of things need to happen before you can successfully exit your business. But with a few tips, you can keep your shirt and your sanity in the sale of your business.
Business-for-sale markets are less dependent on economic conditions than most sellers think they are.
Opening a massage business? We're here to help you get started!
If you're looking for a reason to wait to put your business on the market, you'll find it. Selling a certified and registered massage therapists business isn't easy, but we believe sellers can achieve their goals in any economic environment.
What to Expect in a Certified & Registered Massage Therapists Business Sale
The sale of a certified and registered massage therapists business 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 certified and registered massage therapists business sale by setting realistic expectations before you list your business.
Seller Financing
Capital is hard to come by these days. Banks and other lending institutions aren't eager to lend to unproven and undercapitalized certified and registered massage therapists business buyers regardless of the business's potential. Rather than abandon their plans entirely, many buyers are pursuing finance concessions from sellers. It's common for sellers to finance as much as 70% of the purchase price with a payoff period of four or five years, sometimes in the form of a balloon payment at the end of the repayment period.
Maximizing Sales Price
There are no simple ways to sell a certified and registered massage therapists business. If you don't know what you're doing, your business could languish on the market for months or even years. A business broker handles much of the legwork involved in the sale. If you try to sell your business without a broker, your time will be consumed by the details of the sale. Subsequently, you'll be distracted from the demands of your auto supply store, business will suffer, and the sale price you receive for your company will be dramatically reduced. For a lot reasons, a decision to hire a broker is almost always the right decision, especially for sellers who need to receive top dollar for their certified and registered massage therapists businesses.
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