November 29, 2020  
 
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Selling a Company

 

Selling a Pressure Cleaning Business

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

You need to get a good price for your pressure cleaning business. To get there, you'll need to set realistic expectations and follow a deliberate selling strategy.
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You'll always have an excuse for not putting your business on the market. Any pressure cleaning business can be sold at any time -- you just need to know how to influence the right buyers.

Preparing Your Pressure Cleaning Business for Sale

The outcome of a business sale is largely determined prior to a market listing. Profitable pressure cleaning business sales opportunities leverage a long-term strategy to increase the value of the business to buyers. Even though it may take years to adequately position your pressure cleaning business, the amount of preparation you perform will have direct correlation on asking and sale prices. It is especially helpful if your financial reports can demonstrate a multiyear growth trend for potential buyers.

Business Assets

Buyers typically perform an independent appraisal of your pressure cleaning business's real assets. Most sellers, however, conduct a pre-sale appraisal to gain an accurate gauge of asset value prior to negotiations. A professional appraisal is a necessity because it gives you the information you need to negotiate a sale price. A pre-listing appraisal also gives you the opportunity to document the condition of your pressure cleaning business's assets and possible even make repairs or upgrades to increase the total value of the operation.

Working with Appraisers

There is no substitute for a qualified appraisal in the sale of your pressure cleaning business. Armed with a professional appraisal, both you and your broker can enter the negotiation stage with confidence. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.

More Exit Planning Articles

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Marketing a Pressure Cleaning Business

Renewing Leases Prior to Selling a Business


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