How long will it take to sell my business?
Despite an owner being mentally ready to sell, it is estimated that close to 80% of privately owned businesses will never sell at all. This is a startling statistic. Many times the owner may be ready to sell, but the business has not been properly prepared to sell. A marketable business that is properly represented usually takes, on average, 9 to 12 months to sell after hitting the market. This is an average. Many factors come into play when determining how long it will take to sell a particular business.