"How long will it take to sell my business?" is one of the most common questions we receive from business owners considering a sale. On average, the process takes six to nine months to reach a successful closing. However, this timeline can vary significantly depending on numerous factors, including:
- The level of involvement from the business owner in the process.
- The market reception from potential buyers.
- Additionally, various unforeseen challenges may arise, either accelerating or delaying the transaction. We encourage sellers to remain flexible and prepared for potential timeline changes throughout the process.
The following chart outlines the typical stages of a business sale using our methodology. Keep in mind that the duration of each phase may vary depending on the specific circumstances of the transaction.