I Received an Inquiry to Buy My Restoration Business, Should I Entertain It?

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Q: I received an inquiry to buy my restoration business, should I entertain it?   

JT says: With continued industry activity, fair question.  Responding (out of curiosity) gets you one buyer, with one opinion.  When contemplating a sale, multiple buyers is always infinitely better. Why? Depending on the buyer (and type), there’s an array of potential values, deal structures, transaction variables and management philosophies. ‘Best’ buyers will ensure maximization of value, allow an exit on your terms/timeline, align with your culture, and best care for your team and future of the business.  These ‘best’ buyers have many tangible and obvious benefits. 

Numerous ‘best’ buyers are easily identified through an industry advisor with valuable experience, knowledge and insights. Without question, having options always leads to your best retirement. 

Get Answers + Get Prepared = Get Retired


Have a question for JT? Don’t worry, all questions will remain anonymous! You can email JT at jt@exitstrategies360.com.

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JT Kraai

As CEO and Founder of Exit Strategies 360, JT takes extreme pride in helping business owners prepare and navigate the business sales process.  As an M&A Advisor, Broker and Consultant for 20+ years, he has structured hundreds of transactions for virtually any scenario, keenly understanding the needs of both buyers and sellers. 

JT indicates, “Most business owners are unaware of their options when it comes to preparing and selling their business.  These options can increase cash and decrease taxes by hundreds of thousands of dollars.  An educated decision is always the best.”

He then adds, “An owner’s weakest link is fear… without knowing how to proceed, they don’t.  We offer the tools, process and roadmap to proceed with confidence.”  

With over 25+ years of entrepreneurial ventures including five start-ups/sales, he has a solid understanding of what it takes to successfully create, expand and maximize business values. JT instinctively has the expertise and capacity to think about critical factors affecting the success of a transaction, providing an extremely valuable perspective and advantage for his clients.  

According to JT, “You’ll probably do this only once in your life… let’s do it right.”

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