When it is time to sell your car wash the most important part of the selling process is to plan, plan and plan again. In the wise words of Benjamin Franklin, failing to plan is planning to fail, and it couldn’t be truer in the context of selling your car wash business.
The following steps are a basic guide to assist your business sale in being trouble free while also making it quicker and more profitable for you in the long run.
While there are many estate agents who will be happy to list your business for sale, you will benefit greatly by contacting a business broker who specialises in the car wash industry, (such as Carwash Sales Australia).
Being industry experts, a business broker will help you with all aspects of the sales process from valuing your business, giving honest advice regarding the presentation of your premises in order to make it an attractive business opportunity, and assisting with getting your financials in saleable order. Once this has been achieved, then finally you will be ready to sell and market your business.
There are many different ways of selling your business such as advertising it yourself or listing it with a generic agent, however, you will get more bang for your buck if you list it with an industry specific business broker.
Their comprehensive understanding of the car wash business can educate your buyers on issues that mainstream agents have no idea about. Valuable insider knowledge on how a car wash operates, including the mechanics, chemical usage and up and coming car wash technology is vital information that can influence potential buyers. Furthermore, industry specific business brokers often have buyers and investors waiting in the wings also, making for a quick sale.
Whether you business is a small hand car wash, or a larger, fully automated, self serve car wash, these principles apply to both kinds of business.
If you are ready to sell, or, needing advice on how to sell your business trouble free, you are just minutes away from an obligation free chat with Steve Earsman from Carwash Sales Australia.
