If you have owned a fairly successful pizzeria for several years, but have recently decided to open a new restaurant in a neighboring town and would like to sell your current business before doing so, use the tactics that follow to assist with sealing a deal with an individual who would like to go into business for themselves.
Show Them What You've Got
During a meeting with a real estate agent, make it clear how much money you would like to sell the business for and the timeframe in which you would like to sell the property. An agent will need to know the current market value of the building and will do some research to acquire key details to determine if the amount you are asking for the property is reasonable and if you will be likely to make a deal with a prospective property buyer.
Request that an open house is set up so that people who are interested in purchasing a business can stop by and see how you have your establishment set up. Although a buyer may not wish to operate a pizzeria after purchasing a business, showing people the way that you operate your business may provide visitors with insight and give them some good ideas of how they can utilize the building and property if they decide to buy them.
Throw In Some Incentives
If you have a surplus of ingredients, equipment, and appliances on hand and you are not going to need them once you open your new business, consider including some or all of these extras with the purchase of the building and the land. People often like receiving deals and if some interested buyers can benefit by gaining additional materials if they choose to purchase your business, they may be more inclined to bid on the building and land so that you are able to sell your property quickly.
Provide A History, Complete With Pictures
Prospective buyers will want to know about your property's history, including when the business was built and any repairs that have been made over the years. Provide your real estate agent with a detailed description of the building and land and give them some current photographs.
An agent will create a listing that may be featured in local real estate guides or newspapers. When people read about your property and look at the pictures, they will have a good idea of what they will gain if they decide to purchase the business and land and this may be the deciding factor that leads to them buying them. Contact an agency, like Keller Williams Realty-Felicia F. Long, for more help.
Hi, my name is Jessica Williams. Thanks for stopping by my website. I have moved a number of times and in three cases I have had to sell a house. The first time I sold a house I listed it with a real estate agent. The second time I did it myself. The third time I listed with a realtor. You can probably ascertain from this information that I found listing with an agent the better route. I managed to sell my house by owner that one time, but never again. There is too much involved and too great a risk for errors. There’s a bunch of paperwork and preparation that goes into selling a house, more then I imagined. My goal here is to share my experiences with you. My hope is to make your experience as pleasant as possible.