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Echoing others, FE International is an established broker that is respected on both sides and will help you get all your financials in order. They also offer pa
by lubujackson 8y ago
Echoing others, FE International is an established broker that is respected on both sides and will help you get all your financials in order. They also offer paperwork help to buyers, so they really do a great job on both sides. Having gone through a sale of business without them, it is an extremely annoying process that will consume your efforts for far longer than you think.
That being said, the businesses mostly being sold are either dropshipping, content with ad/affiliate rev. or the occasional SaaS, usually in a tidy package. It sounds like you might fit in thst last category, but your space might be too complicated for an easy sale. Usually people there are buying businesses without staff and take them over after a brief handoff. So if the business knowledge is key, it might not be valued appropiately there.
You could always split the difference and target 5-10 companies you think might want to buy you. Get a person on the phone if possible and let them know you are preparing to sell your business "in the coming months" and plan to be listed on FE International. Simply ask them if they would like to be notified when the sale is on.
Now you might hear crickets, they might say "ok" or they might decide to buy you right away. No matter the outcome, you will be in a better position to gauge the interest level if you try to sell.