How to Sell Your Arizona Service Business For The Most Money
You may not be ready to sell your service business quite yet, but it’s a smart idea to be prepared for the future. Whether you’re moving to a new area, preparing to retire, or simply ready for a new challenge, having a plan in place for when the time comes to sell your business will make this complex process as simple and straightforward as possible.
Service businesses like yours are a particularly appealing opportunity for potential buyers. Over the years, you’ve worked hard to grow a loyal customer base and earn a positive reputation for the essential work your team does. Buyers will see your track record as something they can continue and build on.
Selling your business can be an overwhelming task. We get it. At Business Brokers of Arizona, we’ve helped countless service business owners in Chandler, Phoenix, Scottsdale, Mesa, and beyond get in the best possible position to sell their business to a great buyer. Our expert guidance will give you the resources, tools, and preparation you need to get the most out of your sale and preserve your legacy of business success.
Preparing Your Arizona Service Business for Sale
Getting your business ready to sell isn’t as daunting a task as you might think. While there is a lot of information to gather, you’re likely to have most of it on hand already. If you hit any speedbumps, not to worry – BBAZ’s experts are your partner every step of the way.
Organize business documents and financials: In order for a potential buyer to see the true value of your business, it’s important to have accurate, up-to-date documents and financials. You might also wish to include information about your place in the local market.
Gather the intangibles: Of course, there’s a lot more to your business than numbers. Take the time to create selling points that might not be as easy to explain in a chart or table. Positive customer reviews are a great place to start with this. Potential buyers might have questions about whether or not your customer base will stick around without you. Let them know that your business’ brand loyalty and reputation in the area has as much to do with the business and your team as it has to do with you. For example, make sure that you mention specific team members with loyal client bases who will be staying on under new ownership.
Work to boost sales: The most important question on a buyer’s mind is whether or not your business has what it takes to be viable in the long run. Even if your financials are great, there’s still more you can do to prove that your business is successful. Doing what you can to increase sales during this process is often a smart way to seal the deal.
Why Partner With Business Brokers of Arizona
Service business owners across the Grand Canyon State trust Business Brokers of Arizona to be their partner in the business selling process. We have experience selling all kinds of service businesses, from plumbing companies to salons, and we know what you need to find the right buyer. We will be by your side through each step of the selling process, making it as simple and stress-free as possible. Your BBAZ broker will oversee the sales process, giving you the time you need to focus on your business.
BBAZ has received numerous awards for the unbeatable quality of our services, including being named the Arizona Business Brokers Association’s Business Broker of the Year. Our expert brokers know what it takes to get you top dollar for your business. We know how hard you’ve worked to make your business what it is today, and we will go above and beyond to make sure you receive what you’re worth.
Get ready for your future today. Contact us to begin the selling process with a complimentary business valuation.
