How Do I Sell My Plastics Business?
Plastics have been around for a long time. There are thousands of different uses for Plastics and many kinds of Plastic Companies. If you own a Plastic Manufacturing or Distribution Business, it can be a great way to make a living. However, you may be at a point where you are considering retirement. You may be wondering: What would be the best way to sell my Plastics Business? How much time will it take to sell my Plastics Company? What valuation can I expect?
Business Brokers with experience selling Plastics Businesses
Fortunately, Synergy Business Brokers has experience selling Plastics Manufacturing & Distribution Businesses. We can guide you through the process and answer your questions. To give you the best response, we'll start by learning more about your business. What type of Plastic Products do you sell? Who are your Customers? What are the skills of your employees and your role as the owner?
We sell Plastics companies with annual net incomes (including salary) of $200,000 to $5 Million, so we'll want to know if you fall within our range. If so, we have a lot of potential buyers. We'll review your financial information and compare this to what other similar plastics businesses sell for and give you a potential asking price for the company. You can decide if this would satisfy your needs and if you want to move forward with us. We'll provide our Commission Agreement for your review. We charge a fee only if we sell your business.
Confidential Marketing Program
After the commission agreement is signed, we'll get to work on writing up an overview document about your business. The overview document is designed to attract buyers to your Plastics Business and keep the sale of your business confidential. We'll advertise this document on the internet using artificial intelligence, social media, and email marketing. We'll contact other plastics businesses, private equity firms, wealthy entrepreneurs, and many different types of companies that can leverage your unique products, customers, and skills.
Before providing details, we'll qualify the buyers financially and have them sign a Non-Disclosure Agreement. We typically need to speak with many potential buyers before we have someone that we are ready to introduce to you. This way, we'll make the best use of your time. After you have met with some buyers, the next step is to have them make offers. We will work with you to give you our analysis and recommendation of the offers that come in. However, you retain the right to accept or reject any given offers and decide who you want to negotiate with. We are working on your behalf.
Once you decide to accept an offer, we'll work with you and the buyer to expedite the due diligence process and move towards signing a purchase agreement and closing the deal. On average, it takes 6-9 months to sell a Manufacturing and Distribution Business.
Synergy Business Brokers provides the professional services of an M&A firm without an upfront fee. For more, you can read: What are the differences between M&A firms and Business Brokers. To hear from our customers, view Testimonials & Reviews and our Corporate Video. We sell plastics businesses with annual revenues of $700,000 to $40Million in NY, NJ, CT, MA, PA, MD, TX, NH, LA, OH, VA, DC, and throughout the US.