How long will it take to sell my business?

   The sale of a business is quite different from the sale of real estate. While it is easy to find two similar homes in a geographical area, there are no two similar businesses because every business is unique. It normally takes 190 days on average to sell a business. Many factors effects finding the right buyer such as the type of business, sales price, location, owner's cash flow, down payment, financing, terms & conditions, economic outlook are some of the reasons. The biggest reasons for a business not to sell are unrealistic selling price, low owner's compensation & down payment. Sale of a business is driven by down payment; reasonable down payment should attract more buyers.