As the owner of a Kitchen & Bath business, you need to wear a lot of hats. You might be responsible for ordering inventory and managing installation and sales. It takes a lot of hard work to build up a successful business, and you may be thinking of retiring now. You may be wondering: What is the best way to sell my Kitchen & Bath Business, and what price can I get? Fortunately, we have 15 years of experience selling Businesses within the contractor and construction industry, including Kitchen & Bath businesses, so we can provide you with experienced guidance.
Synergy Business Brokers has a database of 40,000 potential buyers that range from other Kitchen & Bath companies and home services and construction companies that could leverage your expertise and your customer base to potentially sell more products and services. The goal is to get a buyer who can really benefit from combining your company with theirs.
However, when selling a Kitchen & Bath business, it’s essential to keep in mind that the buyer that offers the best price may not necessarily be another business from within the construction or home products and services industry. In some cases, we have found that the best offer could come from a wealthy individual or a private equity firm. The important thing is to keep an open mind as long as it’s someone who seems to have the knowledge and financial resources we recommend considering a range of potential buyers rather than limiting yourself to a specific type of buyer. As you get to know the buyer, you do want to feel comfortable that they are a good fit to take over and someone that you can work with to help them with the transition of the business.
Our potential buyers can be from NY, NJ, PA, MA, CT, and around the US. Sometimes, our buyers are from overseas. Please view our Kitchen & Bath businesses for sale if you are interested in purchasing a business.
Confidentiality is important to our clients, and we work hard to advertise your business in such a way as to generate potential buyers for your business but not to give the identity of the business away until a potential buyer has signed a confidentiality agreement and provided us with information about their qualifications. Once we have a qualified buyer who is also interested, the next step is usually to set up a buyer/seller meeting where you answer questions about your business and provide more information to see if there is a fit to go further. If there is a mutual interest, then the next step is usually to make an offer. In most cases, we are able to get multiple offers, and this provides us with leverage to get the best price for your Kitchen & Bath Business.
We will help to negotiate a deal that works for both buyer and seller and keep the deal moving along. It is a process that unfolds over time. On average, it’s 6-9 months, but it can be shorter or longer depending on the details.
We sell businesses with annual revenues of $700,000 to $30 Million. If you have a Kitchen & Bath business that is in that range, we would love to speak with you to provide a free, confidential consultation about potentially selling your business. There is no fee for our services until we sell a business, so there is no obligation on your part.
If you are ready for a confidential consultation, please fill out our seller registration, or call (888) 750-5950. We look forward to speaking with you.