Prepare ahead of time, close faster.
Every business transaction is different, but on average, the exit process takes 6-9 months.
Here are 7 important variables that can affect a sale timeline:
- Deal Value – Highter valued businesses require a longer process.
- Revenue – Recession-proof and recurring revenue.
- Owner Centricity – Less owner involvement in day-to-day operations.
- Financing Availability – More seller financing.
- Seller Responsiveness – Being quick to provide required information.
- Buyer Experience – More experienced buyers typically move quicker.
- Type of Business – See table below for various industry sale timelines.
If you are within a couple of years from exiting your business and are curious about how you are positioned, get in touch with our team.
