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Are
you tired of searching for a business?
Look no more... let us make it easier for you! By joining our
confidential mailing list, you will receive instant updates via email as new
business listings come on the market... Click
here! |
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WHY
OWNERS OF PROFITABLE BUSINESSES WANT TO SELL:
It’s a very opportune time for business owners to cash out,
since
- They
usually acquired the business years ago at a reasonable
cost, rode the wave of growth and prosperity, took cash
out annually, reduced their debt, and now are positioned
to cash out with excellent gain.
- And,
with the recent tax law changes, including allowing owners
to allocate much of the price to “good will” (and
low-rate, long term capital gain tax treatment), many
owners are choosing to place their businesses on the
market, not because there’s anything wrong with the
business, but because it’s a good time for the seller to
sell.
- Another
reason owners place good businesses, with good cash flow,
on the market is because the owners, like the buyers,
simply want to change their lives.
- Some
owners wish to retire.
- Others
have partnerships they wish to dissolve.
- Some
businesses are sold due to divorces, deaths in the family,
or because the owner wants to move to a different climate.
- Some
wish to cash out and use the money for other purposes.
- Some
owners are simply not interested in doing the same thing
any more, just like some buyers quit good jobs…They want
to do something different, with different challenges.
- Some
owners are "Burned Out"
Owners
sell good businesses for human reasons…It’s rarely because
the business isn’t doing well, or for any “sinister”
reason. It’s almost always because the owner wants to change
his life, or his lifestyle…which is also why buyers
sometimes quit good jobs and buy a business.
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