How to Sell Your Printing Business
Are you looking to sell a printing business?
Here are 3 reasons why Minuteman Press can help sell your business at NO COST to you!
- We can get you full value for your business. With 45 years of experience, we have a wealth of knowledge in the industry that will help us get fair and full value for your print shop.
- We can sell your business to a wide range of buyers. Because we offer full training and ongoing local support, we are able to attract buyers who are new to the industry.
- We can help you sell your printing business within a reasonable time frame. Simply put, this is what we do. We are uniquely positioned to evaluate and assist with the sale of your printing business. Over the past 45 years, we have provided our franchise owners with this very same built-in exit strategy. 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 have to do on your own should you sell independently.
Key Points to Consider in 2023
More business owners are deciding to sell. The majority are retiring. Business Valuation Resources (BVR) reports that an increasing number of small business owners, many who are aging and no longer willing to wait on the sidelines, believe now is the time to secure their exit strategy. A recent BVR survey shows that the majority (55%) cite retirement as their primary motivation for selling. In addition, a substantial 31% of those surveyed say they are looking to sell now because their business is doing well.
Inflation and labor shortages will continue to impact small businesses. As of now, these issues should not be enough to sway aging and retiring owners to adjust their exit timelines. In fact, if inflation and interest rates continue to rise, this could affect selling prices and the structure of financing moving forward.
Buyer demand should remain strong. We have all experienced the same issues that many businesses are facing with inflation and labor shortages. At the same time, buyer demand has still remained strong. According to the US Census Bureau, new business licenses have continued to rise to record high levels this year.
What are buyers looking for right now?
According to a recent survey conducted by BizBuySell.com, the largest online marketplace for businesses for sale, a large majority of buyers are looking for a profitable business with strong financials. Other important attributes buyers want are a great location that is leased or owned, trained skilled employees, and a big one is seller financing.
Find out how you can sell your business with no broker fees...
It may not seem like it but now may be a great time to think about your exit strategy and selling your business.
THERE’S BEEN A HUGE SHIFT…
…a shift in business, in the economy, and in the workforce. More and more people are thinking about taking control of their financial future. Over the past year, we’ve seen a huge increase in people looking to own a business for themselves. There are also many business owners leaving the restaurant, event planning, travel, fitness and seminar industries. Where are they going? They’re shifting towards B2B and essential businesses.
Contact us today to learn more! Call 1-800-645-3006 or fill out the contact form below.
Seller Testimonial - Downtown Direct, Amherst, Ohio
“As Liz and I were looking to sell the business and retire, we got together with Minuteman Press after visiting their website and learning about their conversion program to help sellers like us. Within 3 months, we had a buyer. Minuteman Press’ Regional VP Rich DeRosa made the process very easy. He worked hard behind the scenes to make sure everything ran smoothly. He was comforting and reassuring. We trusted Rich every step of the way. There have been no major issues and the transition has been enjoyable. We wish David and his family all the best.
If you choose to sell your printing business through Minuteman Press, you will not go wrong.”
Rick Hobson | Downtown Direct
Amherst, Ohio