How Do I Sell My Construction Business?
Construction businesses can be very profitable, but the time always comes for the owner to move on. Maybe you're ready to retire or take on a new venture. Either way, you want to get the best price for the business you’ve built over the years.
With the right broker by your side, you can sell your construction business for a price you feel confident about, regardless of market conditions. Strategic Business Brokers Group brings over 35 years of experience in business sales and is ready to help you handle the process from start to finish.
Determining Sales Price
Setting a competitive price for your construction business requires more than simply comparing similar companies. Each business is different. We evaluate your discretionary earnings, which include one-time investments, pre-interest and pretax profits, and any non-cash or unrelated income expenses. These numbers give buyers a clear picture of how your business performs.
Accurate, up-to-date financial records make a big difference. Buyers want proof that your business is stable and reliable. We utilize our experience and proven valuation methods to provide you with a clear and honest assessment of your business's value. We’ve performed over 1,245 business valuations and know how to position your business for the best return.
Construction sectors we work with include:
Maintain Your Equipment
When you sell your construction business, include the equipment in the sale. Doing this adds value and makes your business more attractive to buyers. Buyers want to get to work right away. Having equipment ready to go helps them hit the ground running.
Ensure that every piece of equipment is in working condition, from heavy machinery to basic tools. Service all your equipment before listing your business for sale. If you find any issues, disclose them to the buyer. You don’t need to buy new tools, just keep everything clean and operational.
Show Your Business Can Work Without You
Buyers want to know your business can run without you. Many construction business owners remain involved in day-to-day operations, often working on-site alongside their employees. That involvement builds trust and quality, but it can also create buyer hesitation.
Shift the focus from you to the business. Build systems, delegate responsibilities, and maintain a strong management team. When buyers see that your company runs smoothly without you, they’ll feel more confident moving forward with the purchase.
Benefits Of Selling With A Broker
Hiring a business broker gives you a significant advantage when selling your construction business. Strategic Business Brokers Group handles every step to save you time and help you earn more. We market your business confidentially, vet potential buyers, and guide you through the process with expert support.
Our team knows construction. We understand the unique challenges and value drivers in your industry, and we connect you with buyers who recognize the value of your business. We’ve completed over 340 transactions and managed a total sales volume of $205 million.
Selling your business is a big step. Let us handle the details, protect your confidentiality, and represent your best interests.
Schedule a consultation with us today to learn more about how we can assist you in selling your service business in Arizona.
