It usually takes a long time to find a buyer for a business, negotiate the sale and the financing, and handle the escrow and closing services. Many brokers say to allow about 9 months or so, on average.
So, I just about said “Sorry, no way I can help you” when I got the call from a very successful medical massage and sports medicine facility. The landlord was changing the configuration of the commercial center, and the lease would be up in 4 months. That was less than half of the normal time allocation!
The business owner had another business opportunity, and she just had to sell.
Well, I was so impressed with her and her preparations I decided to give it a try. We both worked hard together, with frequent communication.
I handled the advertising, buyer screening, negotiations, and escrow coordination. She got a replacement location ready to go. Lo and behold, the sale closed on time within the deadline!
This is not a typical time frame, but what is typical is the close cooperation that occurred between our office and the owner of the business, as well as all the other players in the transaction. We did what it took to succeed, and we communicated with the owner every step of the way.
Look at this photo of the facility during our marketing campaign. I think you’ll agree that this was truly “an (almost) impossible situation!”