Are you looking to sell your printing business? Here are 3 reasons why Minuteman Press can help sell your business at NO COST to you!
1. We can get you full value for your business and not just sell accounts. We have specialized in the printing business for over 40 years; we have a wealth of knowledge in the industry that will help us get fair and full value for your print shop. Unlike business brokers, we have an intricate understanding of how to properly valuate and sell your store. We have been very successful at attracting qualified buyers and supporting them while in business.
2. We can sell your business to a wider range of buyers. One thing that independent print shop owners struggle with is thinking they will have to sell their business to another printer or someone with industry experience. Because Minuteman Press offers full training and ongoing local support, we can essentially sell your business to anyone. With an experienced staff and 28 regional offices, we have successfully put those without industry experience into business and we will take care of all of the training for you. This opens up the pool of prospective buyers and assures that the business will be in good hands. Our franchise attracts people from all walks of life and diverse career backgrounds; one thing they do have in common is they are interested in buying a solid business.
3. We can typically sell your business faster than a business broker and at NO COST to you! The bottom line is that we want to help you sell your printing business to buyers who are serious about buying it. Our experience in locating qualified buyers and our ability to offer financing options to them also saves time and removes additional legwork that you would normally need to do on your own. Minuteman Press is a proven brand in franchising. A profitable business that will be converted to a Minuteman Press franchise is in high demand.
For more information on selling your printing business with the help of Minuteman Press at no cost to you, call us at 1-800-645-3006 to speak to one of our friendly representatives at no obligation. You can also CLICK HERE TO VIEW OUR ONLINE BROCHURE and fill out the contact form on that page.
When a Buyer Asks, “Why Are You Selling the Business?” Be Prepared to Answer. You have decided or are at least thinking about how you will sell your printing business. This is a question that potential buyers will be asking, so you want to make sure you are prepared to provide a thoughtful answer. Common reasons for selling a business are because of retirement, wanting to move on to a new pursuit of other business ventures, or health reasons.
Prepare Early for the Sale to Ease the Transition for You and the Buyer. Whether your timetable for selling a printing business is immediate or in the near future, it is crucial to prepare early for the sale. You want to make sure that you have all of your business documentation up to date to be ready to present to a buyer, including financial records such as tax returns, profit and loss statements, list of business expenses, employees’ responsibilities, pay structure, and equipment leases. You should also think about who will train your buyer during the transition phase and support them while in business to continue the legacy you’ve built. All of this preparation will help pave the way to your future life after the business is sold.
Make Sure You Get a Proper Valuation of Your Printing Business from People who have Experience Selling Them. Perhaps the toughest part of selling a printing business is that many owners do not know how to sell a print shop for the right price. It is important to get an accurate business valuation from professionals who have experience and knowledge in specifically selling printing businesses. Setting an unrealistic price for your business can deter buyers and prolong the sale and it could even possibly result in not being able to sell the business at all.
Luckily, there is help for printers who need assistance in figuring out the right price for their printing business and finding a qualified buyer. Industry experts such as Minuteman Press can help provide a proper valuation of your printing business because they have been assisting franchise owners in selling their print shops for over forty years. They are also able to attract qualified buyers, most of whom have had no prior experience in the printing industry and show them how to operate a successful printing business. They will provide continued support, so you don’t have to once the sale has been made.
You Have Built a Legacy of High Quality and Service with Customers … How Will You Preserve It? Make no mistake about it; selling a printing business is an emotional decision as much as it is a financial one. Printers are a special breed of business owners that truly care about the products as well as the customer service they provide. Over the years, your customers have become like family and as part of your local community you want to make sure they are taken care of after you sell the business. The good news is that there is a way for you to get the right buyer for your printing business that will continue to serve your customers with the utmost care while also getting a fair price you deserve. By partnering with Minuteman Press to sell your print shop, you will be able to sell your business with the added peace of mind that comes with knowing your customers will be in great hands.
Know Your Time Frame, Then Start Early and Ask for Help. Many business owners wait too long to sell their business. Keep in mind that when you sell a printing business, it can take time. At best, it can take a couple of months and extend to possibly several months to a year or more depending on many factors. The key is to reach out early and ask the right people for help in order to give yourself the proper time it takes to sell the business. Follow the steps outlined above to give yourself a solid head start and meet with experienced printing business professionals such as Minuteman Press who can assist you in this endeavor at no cost to you.