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{"id":242,"date":"2021-11-30T13:54:46","date_gmt":"2021-11-30T13:54:46","guid":{"rendered":"https:\/\/www.ecommerceaggregators.com\/?post_type=faqs&p=242"},"modified":"2022-04-04T10:25:07","modified_gmt":"2022-04-04T09:25:07","slug":"how-long-will-it-take-to-sell-my-business","status":"publish","type":"faqs","link":"https:\/\/www.ecommerceaggregators.com\/faq\/how-long-will-it-take-to-sell-my-business\/","title":{"rendered":"How long will it take to sell my FBA business?"},"content":{"rendered":"

The question on every seller’s lips.<\/p>\n

And rightly so.<\/p>\n

In fact, other than sky-high offers, the remarkably short timescales to exit is something that draws more and more FBA sellers<\/a> to Amazon aggregators.<\/p>\n

Think about it this way:<\/p>\n

In as little as 30 days, you could be handing over the reins of your business and the weight of all the associated responsibility.<\/p>\n

Sounds good, doesn’t it?<\/p>\n

Of course:<\/p>\n

The exact timescales vary from business to business and not every sell completes within a month.<\/p>\n

What’s the sweet spot?<\/p>\n

30-60 days in our experience, give or take a week on either side.<\/p>\n

But before you jump ahead, there are one or two things to consider.<\/p>\n

First up:<\/p>\n

You need to prepare your business for sale.<\/p>\n

To do this, watch step two of our three-step video series<\/a>.<\/p>\n

The same information is also found in our Definitive Guide To Amazon Aggregators<\/a>.<\/p>\n

Next:<\/p>\n

You are going to want to speak directly with the head of acquisitions at each aggregator, not the junior staff answering their emails.<\/p>\n

If your brand and financials fit the profile, it’s time to sign a Letter Of Intent<\/a> (LOI).<\/p>\n

But not<\/span> before you have:<\/p>\n

1. Read our \u2018What can you and should you negotiate<\/a>?\u2019 question
\n2. Talked to your accountant to figure out the
total taxes payable<\/a>
\n3. Discussed the pros and cons of the offer with a lawyer<\/p>\n

When does the 30-60 day timer start?<\/p>\n

The second you sign an LOI.<\/p>\n

Which effectively ties you into an exclusivity period with one aggregator only.<\/p>\n

Now:<\/p>\n

The terms of most LOIs will state that the buyer (aggregator) has between 60 to 90 days to close.<\/p>\n

And whilst this period is negotiable, it means that you’re unable to discuss offers with other prospective buyers until the LOI term has lapsed.<\/p>\n

Make no mistake:<\/p>\n

Due diligence is intensive and things can crop up unexpectedly.<\/p>\n

It is for this reason that most Amazon aggregators<\/a> will insist on a 60 to 90-day term within the LOI, despite this being longer than the average 30-60 day ‘offer to exit’ period.<\/p>\n


\n

Interested in finding out more?<\/p>\n

Click here<\/a> to compare over 150 aggregators in 3 simple steps. We will then reveal the select few companies that are most likely to offer you the highest valuation.<\/p>\n\n

\n\n\t\t\n