July 7, 2020  
 
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Selling a Colonic Therapy Business

Selling a colonic therapy business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.

An assortment of hurdles and obstacles stand between you and the successful sale of your colonic therapy business.
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The economy hasn't squashed the market for colonic therapy businesses. Not surprisingly, buyers expect to receive value for their dollars - and that means sellers need to demonstrate that their businesses are capable of delivering anticipated returns.

Average Preparation Time

There are no effective shortcuts for selling a colonic therapy business. Buyers want to see growth trends, healthy profits and other variables that increase the likelihood of long-term success. Next, the business will need to be documented in professional financial statements and manuals that facilitate the ownership transition. Unless you have already started planning for your colonic therapy business sale, it's going to take at least six months to prepare your business. A more likely scenario is that it will take more than a year to create the conditions necessary to receive the maximum sale price.

The Best Person to Sell Your Colonic Therapy Business

An unassisted business sale is a double-edged sword. Few people know your business as well as you do. However, your close connection to your company can also be a drawback. Nearly all sellers have an inflated sense of their company's value. Business brokers and other third-party consultants bring objectivity to the sale process and give you much-needed insight about buyers' mindsets.

Finding Colonic Therapy Business Buyers

It's difficult to predict where the buyer of your colonic therapy business will come from. So you'll need to take a diverse approach to identifying prospective buyers. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. Sellers should also recognize the value of promoting their sale in trusted business networks, carefully balancing the need for confidentiality with the promotional potential of their contact base.

More Exit Planning Articles

Given your interest in exit planning and in colonic therapy businesses, you might find these additional resources to be of interest.

Marketing a Colonic Therapy Business

Selling Part of a Business

Terms of Investment Banking Agreement

Five Tips for Maximizing Your Business Sale Price


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What challenges have you experienced in selling a colonic therapy business or are you just getting started? If you have questions or advice to share, we'd love to hear from you!


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