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Frustration with Buyers and Tire Kickers

Frustration with Buyers and Tire Kickers

If you are selling your business, you might be frustrated with buyers and tire kickers, and some low ball offers.

This makes the selling process that much harder on you when you are trying to get out immediately.

You might be hemming and hawing whether you should sell or not.

Here’s what you have to keep in perspective:

Selling your business can make you happier.

So even though you may not get what you want, the end result might be better for you.

It can be frustration every day if people are low-balling you and you are eager to just move on and get out.

People won’t value the business liek you do.

You are the owner.

You believed in the business.

That’s why you started it.

Someone else who is in the same business as you might value those same things, but they also see the downside more than anyone else, so that will affect the numbers negatively.

They know what it takes to build a business like yours.

The major conglomerates and corporate firms will tend to overpay for the business, because they don’t want competitors out there, they don’t want to invest in trial-and-error, and they are willing to overlook negatives as long as the customer base and/or EBITDA & sales are there.

People will not see the value of your intangibles. In fact they will place it closer to 0 if it’s not attributing to cash flow.

The best thing to do when that happens is include it you have a good buyer and maybe carve some things out of the deal, if it is feasible to keep for yourself, if they are placing $0 on it.

You might get low ball offers left and right. You might be frustrated you are sending off lots of documents during due diliigence and doing phone calls.

There is no getting around this, but the one thing you can do is take an offer. I wouldn’t recommend a really low offer. You have to be patient with a business sale. Every pot has a cover, so to speak.

But 90% of people who are interested will value your business within a certain multiple. If you are holding out for a specific offer, 10% of people will value the business beyond that multiple and you have to wait for one of those people to come through.

If you are not willing to wait, take an offer that is close enough to get you to the happiness meter (not the ideal sale), and just get out.

The bottom line is you might be much happier when the business is sold and you can finally exit from it, with cash, and not having to run the day to day.

Now, you can do something you enjoy.

Once a buyer can come along for a price that is tolerable and you are in a hurry, take it. Even if you know it is worth more. But the bottom line is if you have a cash buyer and a path to clear debt and walk away with something that could launch you to the next idea/venture it is very compelling.

You are going to be happier I imagine with some cash on the other end.

Even if it’s less than what this is worth, you can do what you want to do.

Please reach out to us if you have any questions relating to acquisitions:

Email – acquisitions@jarbly.com

Phone – (800) 773-1523

Simply engage us below to get started whether it comes to bringing you qualified buyers where we list your business for maximal value or engaging us to bring qualified and vetted businesses that match your exact target criteria such as industry and EBITDA multiple if you are buying a business:

Buyer-Side Engagement – Retain Us to Provide you with Qualified and Vetted Businesses that Match Your Target Criteria

Seller-Side Engagement – Retain Us to List Your Business and Bring Legitimate Buyers to the Table

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© 2024 JARBLY LLC is a national brand operating through itself as a Limited Liability Company in the State of FL and works with a number of professionals located throughout the country to provide client related professional services. JARBLY LLC does not guarantee the accuracy of any of the information disclosed in this website or any materials sent including listing information including but not limited to details surrounding a business or listing or property. It is important if you transact with JARBLY LLC in any capacity, you consult a legal professional. The officers, agents, directors, or principals of JARBLY LLC are not licensed attorneys. While the principal of JARBLY LLC is a licensed real estate associate, he is not an attorney. JARBLY LLC is not a registered broker-dealer under U.S. securities laws. For more details on the nature of working together please review our disclaimer at http://jarbly.com/disclaimer and make sure to consult professional legal counsel regarding transactions to be in compliance in accordance with relevant local regulatory and legal requirements.

This website from JARBLY LLC does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by JARBLY LLC or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any instrument or asset or to engage in any investment strategy or transaction.

This website is operated by JARBLY LLC with registered office in Boca Raton FL 33496, United States of America.

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Are you a realtor? Ever wanted to join a boutique brokerage with frequent 1 on 1 mentorship, connections, and a very personal experience.

Joshua Blank the founder of Trend came from big box corporate brokerages to form his own boutique brokerage called Trend Realty. Shortly after he created the brokerage, I joined immediately. I saw the writing on the wall. A better way to advertise and market as a brokerage for realtors as opposed to the burden all on the realtors themselves.
He saw the dinosaur thinking they deployed and how real estate was changing.
As Wayne Gretzky says, skate to where the puck is going, not where it is currently.
Long over are the days where someone calls a realtor to use that realtor. Real estate has changed because everyone has the apps on their phone and the market including the properties you have access to on MLS are also at their fingertips. They want to see a property they found. You have to be the realtor who gets in front of them when they’re ready to make a purchase. We have systems that deploy where the puck is going.
With Trend you get the following:
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