14 Jul Business Exit Stories: A Buyer Paid $1M More for a Business Than Other Offers and Why They Thought the Business Was a Steal.
A transaction that involved a nationally based multi-unit weight lost franchisee that had accepted a multi-million dollar offer on its business only to have the franchisor kill the deal by restricting the new buyer from opening up more new franchise locations.
A transaction of when even though you have an accepted offer how an appraisal can kill a deal and when this happens, what a business owner did to get the deal closed.
A business owner, who received a diagnosis of terminal cancer and had an accepted offer for less than half of the business’s intrinsic value, managed to get $2M more for the business.
A skilled intermediary was able to create an auction for a business that enabled an entrepreneur to position the business strategically and have a buyer outbid others by more than $1M and the buyer thought he got a steal even though their offer was so much higher than other offers.