If you are considering selling your consumer products distribution business, you probably have questions:
Fortunately, we have a lot of experience in selling distribution companies. Some of the companies we have sold were wholesale distributors for Cosmetics, household goods, food, promotional products, paper, packaging, toiletries, pet supplies, electronics, fashion, clothing, music-related products, jewelry, furniture, dog food, blankets, boating, plastic, components and metal products, travel kits, and more. Whatever type of Wholesale Distribution Company you have, chances are we have a number of potential buyers for it. We have been selling Distribution Businesses for 15 years and have a database of over 40,000 potential buyers.
We focus on selling Distributors with annual net incomes (including salary and benefits) of $250,000 to $5 Million. If your company is within this range, we offer a free, confidential consultation where we will learn more about your goals and how we can help you achieve them. So that we can best represent you, we’ll get to know your company. We’ll want to know what types of products you sell, who your customers are, what your employees are like, and how a new buyer can grow your business.
To provide you with a potential selling price, we’ll review your last three years’ tax returns and a current year-to-date income statement. We work on a commission-only basis, so we’ll let you know if we think we can sell your business at a price that you are comfortable with. Once we decide to work together, we’ll begin the marketing process.
The first step is writing an overview document that we will use to advertise and market your business. The overview won’t give your identity away. We’ll protect your confidentiality by getting prospective buyers to sign a confidentiality agreement and provide information on their financial qualifications. We’ll use the marketing document for advertising on a number of internet sites and marketing to our buyer database. We use Artificial Intelligence to drive buyers to your advertisement and also take advantage of social media, including Linkedin and Facebook, to increase our reach.
Since we have a number of potential buyers for wholesale products distributors, we are usually able to get multiple offers for your business. We’ll start talking with buyers right away, but it’s a process that unfolds over time because we need to see which buyers are the most qualified and motivated. On average, it takes 6 to 10 months to sell your distribution business, although in some cases, it can be shorter or longer depending on the details.
If you are ready for a confidential consultation, please fill out and submit this simple form online, and we’ll be in touch shortly. Or you can email us at info@synergybb.com or call us at 888-750-5950 to get started. We have Award Winning Business Brokers in NY, NJ, TX, PA, SC, MD, NM, MA, and CT and sell distribution businesses throughout the US.