What is the process for Selling an Eldercare Business?
It all starts with a confidential consultation. We’ll learn about your Senior Care business, including what types of services you provide, clients you have, and the skills of your staff. Next, we’ll get a little more detailed on your financial information so that we can give you an estimate of how much you can expect to get for your senior care business.
There is no fee for our services until your company is sold, so we only accept assignments where we feel that we can be successful. This aligns our goals with your goal of selling your eldercare business. We keep the sale of your business confidential, requiring potential buyers to sign a confidentiality agreement. Then we’ll screen buyers before we introduce them to you.
We introduce multiple buyers so that you can decide which ones you feel comfortable with to take over your business. After an initial meeting and answering questions, if both parties are interested, the buyer will typically make an offer. With demand for senior care businesses being strong, we are usually able to get multiple offers. This provides the most leverage to negotiate price and terms.
