Business Highlights: - Great Location - Turnkey Business - High Quality Products - Profitable A crea...
Business Highlights: - Great Location - Turnkey Business - High Quality Products - Profitable A creative business with high quality floral design for all wedding and party events. This business is turn-key with opportunity for immediate capital gain....
Event Wedding General Service
Turn-key, successful wedding and event venue, located in the south part of busy, fast-growing Tyler,...
Turn-key, successful wedding and event venue, located in the south part of busy, fast-growing Tyler, TX. Sellers are ready to retire but will stay on for up to six months to ensure a smooth transition.
Wedding General Service
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Selling a Wedding Business?
Are you a small business owner interested in selling a Wedding related business, property, franchise, service, company? Advertise your Wedding business listing online and Sell a Business or Franchise Commission FREE - Seller Testimonials - If you are a business broker or a real estate agent, signup for a FREE listing account to get Business Broker Leads.If you are a owner selling it on your own, then you need to do additional marketing and monitoring leads - there is more to it than just listing it on a few websites. This in itself is a process and can take a lot of your time.
How to Sell my Wedding Business?
Before selling a Wedding Business, the most important factor or the first step is to organize financials for the last 2-3 years, including tax filings, make a list of equipment and inventory, employee and payroll data and generate profit-loss statements, etc., Then the next most important step is to find what your business is worth and to evaluate your Wedding company to make sure that you price it right based on the existing market conditions. You can either use an evaluation software or in some cases you can find valuation metrics online or you can hire an accountant, CPA, professional appraiser or a broker who can use provide a good valuation. While the valuation metrics differ with the type of company, industry and current market conditions, the most used metric for valuation is based on EBITDA or SDE ie Seller's Discretionary Earnings - which usually includes the owner's salary and benefits in net-income, used mostly by a small company or solo owner operator. The next step in selling your Wedding company is to draft a buy-sell agreement or a contract of sale and you can use a software or buy Sale of Business Forms online or hire a small business lawyer. Selling a small business can also be once in a lifetime event for most people and no matter how well versed you are with your company and the process of selling it, one small mistake may lead to a huge loss or a botched deal, it is recommended that you always seek advice from a business professional such as licensed broker, M&A advisor, consultant, accountant or a lawyer with regards to verification of finances, drafting contracts and negotiation.