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Does my business have a value can it be sold??

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  • A practical approach could be bringing someone in for 12–24 months, letting them work alongside you, meet clients, and slowly take over jobs. That way, by the time you step back, clients already trust them, which makes the income stream more real and sellable. As others hinted , without that transition, there isn’t much for a buyer to actually “own.”

    You could then structure the sale as staged payments (for example, based on retained clients or ongoing work), rather than a big upfront fee. That reduces risk for the buyer and makes it more likely someone will commit. Overall, you’re really selling goodwill and continuity, so the smoother the handover, the more value you’ll be able to get.

  • Mistral001
    Mistral001 Posts: 5,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!

    You seem to provide several services. Sometimes it is a handyman service, sometimes it is a building service, and sometimes it is a buildings services service where you hire sub-contractors to carry out the work.

    With, businesses like "window cleaning round" or "hairdressers", prospective buyers know what they will be buying. So, perhaps you have to just pick one part of the service you offer and sell it as just that, even though you are offering more than those services.

    You might have to

  • Grumpy_chap
    Grumpy_chap Posts: 20,581 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker

    I have around 20k in tools and stock which I could offer to them but I would expect them to have decent tools already.

    I also own a garage for storage to sell or let out.

    Presumably the stock would be run down ahead of a sale.

    The tools might have cost your business £20k, but what is the second hand value?

    The garage is probably worth more as a standalone asset than as part of the business.

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