Selling a Cleaning Supplies Distribution Business
Are you considering whether to sell your cleaning supplies business or a janitorial supplies company? If so, you probably have a lot of questions such as how much can I sell my Janitorial Supplies business for, or how long will it take to sell my cleaning supplies distributor? We want to answer these questions and more for you. Synergy Business Brokers has been selling distribution companies for over 15 years, and we have many potential buyers for janitorial and cleaning supplies distributors.
Confidential Consultation for selling a Cleaning Supplies Company
The first step is a confidential consultation so that we can learn more about your business. We'll want to understand what product lines you sell, how many employees you have, what your role in the company is, and what your annual revenue and net income are. Once we have an overview of your business and review your financial information, we can provide you with a possible asking price. We work on a commission-only basis. So it's important to us that we feel confident that we can sell your cleaning supplies business at a price that you would accept. We sell distribution businesses with an owner's annual net income (including salary and benefits) of $200,000 to $5Million. We also Cleaning Services Businesses.
Advertising and Marketing your Cleaning Supplies Distributor
The next step in the process is to develop a marketing document about your business that maintains your confidentiality but also attracts potential buyers. An example of a headline for the ad would be: Profitable Janitorial Supplies business for sale in Northern New Jersey. We'll also provide some more details to get potential buyers interested. However, we won't give the name of the company until after a prospective buyer has signed a Non-Disclosure Agreement and provided information on their qualifications. We will market your business heavily on the internet and to our database of 25,000 potential buyers.
Having a large pool of potential buyers for your cleaning supplies distribution company gives us leverage to get you the highest price and best terms. It is a process that takes some time because we have to sift through many potential buyers to find the ones that are serious and qualified. On average, it takes 6-9 months to sell a cleaning supplies business. We have sold one cleaning supplies distribution business in a couple of months, but this is more the exception than the rule.
Offers and Closing
Once we have the first offer, we'll tell other interested buyers that to be considered, they will need to move quickly to try to make a better offer. Since not all proposals will lead to a closing, we'll help you to analyze which buyer is most likely to close on their offer. We'll take into account steps beyond an offer, such as:
- due diligence
- qualifying for financing (if any is needed)
- negotiating a purchase and sale agreement
- closing on the sale.
We'll help you each step of the way during negotiations to give you the best chance of closing in a timely fashion. We have contacts for bank financing and attorneys with experience closing business sales if the buyer or seller needs them. Hopefully, you have found this page informative. We're sure you have more questions for us and look forward to speaking with you.
If you are ready to begin the process or want more information, please fill out and submit this simple form online and we'll be in touch shortly. Or email us at [email protected] or call 888-750-5950 to get started. We have Brokers in MA, NJ, NY, and CT and sell distribution businesses throughout the US. To view our customer reviews visit Testimonials & Reviews and our Corporate Video.