Multiple offers, a sign of strength in business sales A sure sign buyer activity is on the rise is the return of multiple offers. Business sales were up nearly 4% in the first quarter of 2012 according to BizBuySell, the internet’s largest business for sale marketplace. Over 1,700 business were reported as sold which is...
(Excerpt from Selling Your Business for Dummies – co-authored by the CEO of Sunbelt, the world’s largest business brokerage firm) Here’s a stunningly disappointing fact: Within the business brokerage industry, research shows that nine out of ten people who search for businesses for sale never close a deal. And of those who do close, they...
Cash down plus a seller-financed note (Excerpt from Selling Your Business for Dummies – co-authored by the CEO of Sunbelt, the world’s largest business brokerage firm) More typical than an all-cash deal is a deal where the buyer pays a portion of the price at closing and signs a promissory note to pay the rest...