Apex Success Stories #7: Assisting an Inexperienced Buyer
On average, businesses take 6-12 months to sell. Today we’re going to discuss a transaction that took three years from initial contact to closing.
Apex Success Stories #6: Find the Right Buyer
We wanted to share a deal that highlights patience and perseverance from both the seller and the advisor, resulting in a premium sale price.
Apex Success Stories #5: Persevere!
This particular success story starts with a business that often has a more specialized buyer pool: an auto service shop. The seller wanted to retire and had some health issues. The buyer was an experienced mechanic who had always wanted his own shop. The match looked good on paper, so it was time to start the work on the deal.
Apex Success Stories #4: Getting to the Right Deal
One of the things we strive for as advisors is for our sellers to be in conversations with multiple buyers. An exit is a significant life event, and we want there to be various options with their upsides and downsides so the seller can revisit all the points he/she...
Apex Success Stories #3: Just Do the Work
Sometimes we see that new owners do better than the former ones not because they have any more skills, but simply because they do work that the former owners refused to do. This isn’t necessarily groundbreaking, difficult, uphill work. Often it’s the simplest of...