How long will it take to sell my business?

We have found over the last 20+ years that with the Northeast Business Advisors process a sale is generally completed within 10-12 months, sometimes it can be less, sometimes a little longer.

In the overall world of mergers and acquisitions, many shareholders never manage to sell their companies, while others take many years. The main reason for this is a passive selling process. Without initiating an enquiry process means that you must rely on a buyer approaching you. Not only can this take many years, but it leaves you in a poor negotiating position.

The approach Northeast Business Advisors takes is comprehensive in finding the largest pool of potential acquirers for our clients. Then we are uncompromising when negotiating the best value and deal terms for the sale completion. From a client project start, to the completion of the brief document, potential buyer research and qualification, to negotiations and finally receiving bids, it is consistently 5-6 months. The due diligence and legal processes are generally anywhere from 6 weeks to 6 months depending on the deal and quality of historical documentation.