How long should I expect it to take to sell my business?

In short, the answer to this question depends on many factors.  In general, 80% of businesses close within 12-14 months of listing.  Keep in mind that this figure is just an average.  However, if you get together the information needed to begin the marketing process, the overall time period will decrease.  Pricing your business properly from the start can also make a big difference.

While some sellers want to overprice their businesses with the idea that they can always come down in price, this strategy usually backfires.  Many buyers won’t even look at overpriced businesses.   Another aspect that can be a key ingredient to a quick sale is the down payment.  When a down payment is lower, the time to a successful sale is typically shorter.  When there is a reasonable down payment it also tells a buyer that the seller has confidence in the business’s ability to make the payments.

Businesses For Sale

Sell Your Business

Sell Your Business

When selling your business, you need to have an expert Business Broker. Trusting the sale of your business to anyone else could end up permanently damaging the value of your business. Confidentiality is of absolute importance in selling your business. Selling a business without anyone finding out your business is for sale requires a specialized skill; it is one that Jim Tharp Realty has perfected over decades. Since 1969, we have successfully sold over 1,000 businesses and that number grows every day.

Read More

Buy a Business

Buy a Business

Working with Jim Tharp Realty means you will have the elite in Business Brokering at your side, ensuring you the highest chance of successfully acquiring your dream business. We are dedicated to working with you every step of the way. With Jim Tharp Realty, you’ll have a guide to help you navigate the precarious process of buying a business. Regardless of whether you are a seasoned Buyer or this is your first business, we can help.

Read More

Join our email list to learn about our latest opportunities

We Respect your Email Privacy

Afilliations

 
 
Jim Tharp Realty is thinking about all of those affected by COVID-19. Visit our Resource Center for helpful information for businesses.Learn More
+ +