Most people will only buy or sell a business once in their life, it’s usually not a process that they understand. Buying or selling a business is very different than real estate transactions or other asset sales: it can take up to 18 months to have a successful closing; valuations can seem subjective; the tax implications can be complicated for both sides of the deal; and the closing documents and supporting schedules can be legally complex.
If your business represents a substantial part of your net worth, and is a key element of your retirement, not only will you’ll need to know the value at a future retirement or exit date, but the value now.
Despite the challenges incumbent with any small business, owning a hospitality business in Maine or New Hampshire can be rewarding both financially and personally. But the truth is, selling a “going concern” hospitality business can be difficult.
One of the most significant differences between selling a going concern business and a commercial property is the seller’s need for confidentiality during the marketing process.
Seacoast NH business provides beautiful grounds to larger residential properties and delivers strong cash flow to owner. Staff, equipment and multiple opportunities in place for further growth.
Rapidly growing, full-service, and highly profitable! This is a turnkey business with a prime location.