Fix Deferred Maintenance: Address worn upholstery or faulty equipment now so buyers can’t negotiate price drops during the walkthrough.
seller
seller
Preparing for the Sale—Beyond EBITDA: What Buyers Actually Care About
Thinking about selling your business? Learn why EBITDA isn’t enough and how to prepare for a higher valuation with expert tips from a Florida business broker.
Selecting Success: Why Transworld is the Best Company to Sell Your Business in Tampa Bay
If you are looking for the best company to sell your business, look for these three pillars of excellence, all of which are hallmarks of Michael Shea’s practice:
The Most Important Question You’ll Ask a Buyer: “What is Your Strategic Rationale?”
A buyer who can’t articulate a strategic rationale is a buyer who will have a hard time getting a bank or an investment committee to approve the check. By asking this early, you avoid wasting months of time with “window shoppers” who don’t have a clear thesis for the acquisition.
Red Flags: Spotting Warning Signs in Buyers Approaching to Acquire Your Business
Buyers with pie-in-the-sky ideas about your business’s potential (ignoring market realities) or who nitpick every detail to drive the price down endlessly are trouble. Constant lowballing, changing terms mid-negotiation, or demanding concessions without justification shows a lack of respect and could signal they’re not serious—or they’re trying to wear you down.