January 15, 2021  
 
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Selling a Paintball Facility

Don't believe anyone who tells you it's easy to sell a paintball facility. 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.

Today's paintball facility buyers tend to be more skeptical than most about the nation's economic outlook.
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Many business owners don't know that paintball facilities are still a hot commodity, to the extent that sellers have properly prepared them for the marketplace.

Preparing Your Paintball Facility for Sale

The outcome of a business sale is largely determined prior to a market listing. Profitable paintball facility listings are the culmination of a preparation process that began months or even years ahead of time. Branding, market positioning, and revenue growth take time, but they directly influence the price your paintball facility will command in the marketplace. But your efforts to improve your company's position and profitability will only be effective if you invest similar effort into the preparation of accurate financial statements for buyers.

Legal Considerations

It's obvious that you're going to need to hire an attorney to finalize the sale of your paintball facility. Competent legal counsel ensures that the sale documents are in proper order. Furthermore, a good lawyers provides the counsel necessary to navigate the tax and liability issues that surround a business sale. We recommend hiring an attorney early in the process to gain insights about the legal consequences of various sale outcomes.

Business Valuation

Professional appraisers can use three methods to determine the value ofa paintball facility: The income method, the asset method and the market method. While the income method uses anticipated revenues as a value basis, the asset method focuses on the company's capital, real estate and intellectual assets. In many sales, the most accurate valuation comes from the market method which determines value based on the recent sales of similar businesses. As a safeguard, consider conducting appraisals using variations of multiple appraisal methods. Sellers should take note of the fact that all three valuation methods reward businesses that takes steps to increase assets and income.

More Exit Planning Articles

Given your interest in exit planning and in paintball facilities, you might find these additional resources to be of interest.

Why Most Businesses Do Not Have Exit Plans

Marketing a Paintball Facility

How Much Is My Business Worth?


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