We’ve all heard the news about the wave of boomers retiring, who may be looking to sell their businesses. I wanted to ask what resources you would use to search for businesses to buy?

  • unclmx413B
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    1 year ago

    I had listed both of my businesses for sale right after covid. I used a broker and she listed on several sites. I found the whole process to be disheartening. Seems like every potential buyer wanted tons of info and proof that there was lots of profit and little actual work. One buyer offered to buy it but wanted to hire me to continue to run it. Ridiculous. Seems like buyers were turned off by the fact that they would actually have to run the businesses. So my listing expired and businesses has improved and regained what was lost to covid. I have cut back on time I spend working and profit is way high these days. I can’t think of a single reason why I’d want to sell now. My broker had told me that no buyer is interested in potential. That is dumb if you ask me. When I bought the businesses I had vision and I had confidence that I could grow it. Buyers don’t have those traits. So I’ll just suck up the money and be semi retired.