How long will it take to sell my business?

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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.

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