Selling an Owner Operator Business
Selling an owner operator business for a career change or retirement requires planning and thought.
Selling an Owner Operator Business
Selling an owner operator business means that you will need to convince someone that your job is worth buying.
Selling an owner operator business is doable, but, like anything, it requires thought and planning.
Prior to selling, you will need to be very specific about what exactly your job is and how much you get paid for it.
When it comes to pricing your business, owner operator businesses are often valued based on the value of the business assets. Assets are all of the things your business uses in order to operate plus the value of goodwill.
Selling an owner operator business can take a while, even years.
Selling an owner operator business with a broker can be really, really difficult. First, selling a business run by one person requires a transfer of knowledge and it is hard for a broker, even a good one, to do this. Second, broker math often makes the sale of owner operator businesses untenable.
If you’re considering selling an owner operator business, you will need to assume that you’ll be doing the work on the sale. We can support you with pre-sale planning services, sales material development or ad creation.