The following are businesses recently sold by Sunbelt Indiana brokers ... congrats brokers - great job!
•Free Spirit Lounge (Broker Gary Stehle)
•Kem-Co Chemical (Broker Tim Koger)
•Midas Location (Brokers Brian Knoderer & Dave Gorman)
•Mears Automotive (Broker Dave Gorman)
•Jack's Pizza - Danville (Broker Tim Koger)
If you are interested in learning more about selling your business, buying a business or planning for an exit strategy down the road, please contact me immediately. Sunbelt Indiana has been selling businesses in the Indiana marketplace for over 30 years! We have sold over 1,300 and I can help you sell yours.
Ph. 317-218-8626
dgorman@sunbeltindiana.com
Tuesday, January 31, 2012
Monday, January 30, 2012
Dispelling a Buyer Myth
Most prospective business buyers really don't know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries know that many business buyers end up with what is sometimes a far cry from what first captured their imagination.
Take, for example, the old story of the buyer who saw (and probably smelled) a doughnut shop in his business dreams. This was the business he was sure he wanted to own and operate - until he discovered that someone, most likely him, had to get up at 3 a.m. to make the day's baked goods. It is important that, before making the dream a reality, those prospective buyers understand just what the business is and how it fits their personalities - what they want to do and what they don't want to do! Obviously, if getting a good night's sleep is important, owning a doughnut shop is not a good idea.
In searching for the right business, here are some of the crucial questions a prospective business buyer might ask himself or herself:
■
Does the business look exciting and interesting to me?
■
Do I feel that I can improve the business?
■
Would the business offer me pride of ownership?
■
Would I feel comfortable operating the business?
Professional business brokers can offer many different businesses for a prospective buyer to consider. Prospective business buyers can discuss their needs and wishes with a professional business broker who can then show them opportunities that they might never discover on their own.
Take, for example, the old story of the buyer who saw (and probably smelled) a doughnut shop in his business dreams. This was the business he was sure he wanted to own and operate - until he discovered that someone, most likely him, had to get up at 3 a.m. to make the day's baked goods. It is important that, before making the dream a reality, those prospective buyers understand just what the business is and how it fits their personalities - what they want to do and what they don't want to do! Obviously, if getting a good night's sleep is important, owning a doughnut shop is not a good idea.
In searching for the right business, here are some of the crucial questions a prospective business buyer might ask himself or herself:
■
Does the business look exciting and interesting to me?
■
Do I feel that I can improve the business?
■
Would the business offer me pride of ownership?
■
Would I feel comfortable operating the business?
Professional business brokers can offer many different businesses for a prospective buyer to consider. Prospective business buyers can discuss their needs and wishes with a professional business broker who can then show them opportunities that they might never discover on their own.
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