You MIGHT Want to List Your Company for Sale
Many sellers, mostly of small businesses worth less than $5MM, use online listing services such as:
Generally, these sites charge either a fixed fee for listing for a certain period, or a monthly fee for listing. The total cost should never exceed several hundred dollars. Virtually no support or advice is provided.
This is truly the “shotgun” approach, throwing yourself out there for all to see, but tens of thousands of businesses are sold this way each year.
A step above these online listing sites are business brokers. Business brokers provide varying levels of support through the sales process but typically charge from 8% to 15% of the sales price as a commission. There are literally thousands of business brokers, and we are not familiar with most of them. But it is the combination of their high fees and limited support that inspired us to write this book. To assist business owners in selling their own businesses for top dollar and no expensive commissions.
GROW and SELL Advisors, wholly-owned by Traversi & Co., LLC, is a premier sell-side M&A advisory firm – a boutique investment bank – serving the lower middle market. Visit us here.
For a short video clip on this topic, click here.