Why are you selling up?
You don’t always have to disclose why the business is for sale, but it can encourage buyers to find out more if there is a good reason for the sale. The most common reason people sell their Post Office or other business is to retire. Running a business is hard work so once they’ve earned enough, many business owners sell up and retire.
There could be unforeseen circumstances which have contributed to the sale. This could be a period of ill health, or personal family reasons. Whatever has influenced your decision to sell, you need to choose a trusted broker who can get the best price for your business.
Market appraisal
The first step is to get your Post Office valued by a business consultant. Also known as a market appraisal, this will make sure you understand the true value of your business, and possibly how you could improve it.
One of our qualified consultants will visit your premises to carry out a free business valuation. This includes taking measurements in the property and looking over the last three years of accounts. This is also a great opportunity to ask any questions about the process you have, and for us to explain our services in more detail. By the end of the appraisal you’ll have a good idea of an asking price and should feel confident in finding a buyer.
No hidden fees
It’s important to understand the cost of selling your business before agreeing to list it. We like to do things differently at Cogogo – we’ll tell you up-front exactly what fees you’ll be expected to pay and when.
We pride ourselves on being open and honest with sellers from day one. We’ll always be honest with you about costs and the expected timescale of the sale.