Business Exits By Industry
Selling a Cookies and Crackers Wholesale and Manufacturers Business
Selling a cookies and crackers wholesale and manufacturers business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.
The process of selling a cookies and crackers wholesale and manufacturers business can be one of the most stressful experiences of your entrepreneurial career.
If you're ready to move on, now is the right time to sell your cookies and crackers wholesale and manufacturers business.
Working with Accountants
Accountants lay the financial groundwork for a business sale. Most cookies and crackers wholesale and manufacturers business have significant tax consequences requiring the input of a qualified accountant. Brokers often advise their clients to have an accountant perform an audit of the business prior to sale. With seller financing becoming common, professional accountants are playing a more central role in negotiations and buyer qualification.
Seller Financing
The shortage in today's marketplace isn't interested buyers -- it's capital. Banks and other lending institutions aren't eager to lend to unproven and undercapitalized cookies and crackers wholesale and manufacturers business buyers regardless of the business's potential. Rather than abandon their plans entirely, many buyers are pursuing finance concessions from sellers. Although 100% seller financing isn't recommended, sellers are financing up to 70% of the sale price to close deals.
Average Timeframes
Hoping for a quick cookies and crackers wholesale and manufacturers business sale? You may be disappointed. Unfortunately, there are no hard and fast rules about the length of time your business will be on the market. Pricing plays a role in sale length, but there are no guarantees that a fairly priced business will sell quickly. On average, it takes a minimum of six months to prepare a cookies and crackers wholesale and manufacturers business for sale and many sellers spend a year or more positioning their business to command a higher price. In a good market, an attractive cookies and crackers wholesale and manufacturers business can sell in as little as a few months, although it can take more than a year to find the right buyer after the business is listed.
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