Only 20% Of Listed Businesses Actually Get Sold
Yes, it's true. According to The International Business Brokers Association
, only 20% of businesses that are listed actually get sold. And of that 20%, the average sale is only 70% of the list price.
So, why is the percentage of sale so low?
- The business hasn't been properly valued. It's either underpriced or overpriced.
- The business hasn't been properly packaged for sale and properly marketed.
The good news, though, is that you can greatly increase the likelihood of selling your business
by engaging a Business Brokers Network affiliated
professional business broker, like The Herold-Lambert Group.
Statistics show that 75% of businesses listed with a BBN Affiliated Broker with an Independent Third-Party Valuation actually sell. And of those that sell, the closing price on average is at least 90% of the asking price recommended in the third-party valuation.
Read how The Herold-Lambert Group's proven step-by-step process will bring qualified, motivated buyers to your table. And then call us today at 603.890.6628 for a solution-focused free initial consultation.
Our Step-by-Step Process For Selling Your Business
The Herold-Lambert Group is part of the Business Brokers Network of over 450 Brokers across the country who help each other match buyers to sellers. Over the past 23 years we've developed a step-by-step process to bring multiple buyers to the table and, ultimately, get you the best price while maintaining your confidentiality.
In this process we actively represent the seller's interests. Our responsibility is to get what you want.