As a company searching for target acquisitions I have looked at a number of businesses in the past where the owners are wanting to sell or exit the business. Here are my top 5 reasons why a business does not sell.
- Unprepared Financial Statements for at least 3 years
- Incorrect and unrealistic add backs listed
- Asking price of the business is too high
- Too many personal items listed within the accounts
- Business structure is too complex
If you are looking at skipping a lot of headaches and would like to deal directly with a business acquisition company who can give you an indication of fair market value quickly and without impacting existing staff Contact Us for a confidential discussion.