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Old 12-21-2006, 10:41 AM
lusy
 
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Default Selling a business?

I have a large retail business that I'm trying to sell. I say large, but as far as revenue, it still qualifies as a small business. Going through the local realtor is the only avenue we've went down at this time, but I'm wondering if there are other ways to go about this. The amount of people looking for something this big is probably small in my city, so how do you spread the news regionally or even nationally?
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Old 11-10-2007, 05:29 AM
FergalCrawley FergalCrawley is offline
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A local realtor is probably your best option. However, it is worth remembering that the real estate agent will not do all the work for you. You need to support and encourage them in order to help sell the business at the best price possible. In effect you need to sell your business to the realtor. The estate agent will need good detailed information about your business or store in order to be able to pass this information onto potential buyers.

You should also consider some direct marketing methods. I don't know what kind of retail business you have, but say you have a sports store for example. You might want to contact the Head Office of major sports store chains, find out who the decision maker is and phone or write to them to ask if they would be interested in owning / acquiring a sports store in your area.

Good luck with your sale!
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