How to Valuate & Sell a Construction Company with a Business Broker
The construction industry is an attractive one for potential buyers and investors. Many people are looking to acquire well-established and successful businesses in the renovation, home repair, general contracting, HVAC, plumbing, excavation, and building space. There is great diversity in terms of the types and size of companies in the construction business. If you own a construction company it’s worth looking into the benefits of listing your business for sale.
Are You Thinking About Selling Your Construction Company?
Are you thinking about selling? Has the time come to finally get out of the business and cash out? Selling your construction company is a huge decision. You’ve spent the time and resources to make the company what it is today so it’s very important to ensure you take to correct steps to get the most value for your organization.
Whether you operate a small contracting firm or a large construction organization, how you sell matters. Working with a business broker is the most effective solution to get a proper business valuation and sell your company for top dollar.
At Beacon, we can help you manage the entire process of selling your company. We can put your mind at ease. From assessment to valuation, marketing, finding buyers, negotiations and closing, our business brokers will ensure your company is positioned strongly to capitalize on interest from buyers. We take the guesswork out of the sales process. Our team will help you get the best return on your investment when you sell your construction company.
Why Do I Need A Valuation For My Construction Company?
If you are thinking about selling, you need a proper valuation of your company. This process is required to help you understand what your company is worth based on its current state. How your company is valuated depends on your business type, size, structure, and many other key considerations.
Getting your valuation right is essential to ensure you generate interest from the right type of buyers. Hiring a business broker that specializes in business valuation services is the most effective approach. They provide you with an unbiased analysis of your company – something you, as a business owner, cannot do. They will also find the ideal price to sell your company based on current market conditions.
Our expert business brokers have helped many businesses similar to yours with the valuation process. Let us help you evaluate your business and set up you to sell quickly and for top value.
What Are The Steps To Sell Your Construction Company?
Selling your construction company involves a series of important steps. It all starts with an assessment and business valuation. From there you can develop a strategy to improve your business, market it to buyers, and create a sales plan. Here is a general overview of the key considerations and steps involved with selling your business:
- Business assessment
- Business valuation
- Developing an exit strategy
- Choose a business broker
- Develop sales plan and marketing plan
- List your company for sale
- Connect with potential buyers
- Field offers and due diligence
- Close the deal
At Beacon, our trusted advisors are thorough with our assessment and development of a sales plan for your company. You can have peace of mind in knowing that you are taking the right actions to best position your construction company before you put up the for sale sign.
Use An Experienced Mergers & Acquisition Business Broker
Don’t put potential profits at risk. Use an experienced business broker to help you with the sale of your company. Having an expert to consult and advise you ensures you avoid common issues and pitfalls that could cost you money. Brokers will take the pressure off you. Allow them to manage the sales process while you focus on getting your business in the best shape possible. Collectively, you will put your company in the best position to sell.
Sell Your Construction Company With Beacon
If you are seriously considering selling your construction company, we want to hear from you. We know selling is a big decision and a very involved process. Talk to our business insurance experts to learn more about how to start the process of selling your company. We can help you devise an effective plan to market your company, generate interest from buyers, help you sell your company, and maximize your investment. Want to learn more? Contact us to begin the process of selling your construction company.