Selling Your Business and

Real Estate Together

You’ve decided to sell your business and you own the building, what should you do? Should you sell just the business or sell the business and real estate together? This really depends on your individual situation.

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Transitions In Business has a prospective buyer looking to acquire Assisted Living Facilities with no more than 10 residents per site in the following Minnesota counties: Ramsey, Dakota, Scott, and southern Hennepin.

If you or someone you know is interested in selling their assisted living business, please contact Sam Thompson at sthompson@transitionsib.com.

Minnesota Breakfast Club

Transitions In Business is a proud sponsor of the Minnesota Breakfast series in Naples, Florida, now in its 60th year. Karen Dyck, our Business Development Advisor, attends the weekly Friday meetings which typically attract a crowd of over 200 attendees. Sam Thompson might also pop in for a meeting or two!

Over the past month, the series has featured prominent speakers such as Minnesota Wild CEO Matt Majka and General Manager Bill Guerin, Jean Taylor, President & CEO of Minnesota Public Radio and Rob Vischer, the 16th President of the University of St Thomas. We are excited to continue our support for this influential event, fostering connections and insights within the business community.

M&A Statistics

Exiting Without a Plan

OWNERS WHO ENGAGED IN NO FORMAL PLANNING PRIOR TO ENGAGEMENT TO SELL BY DEAL SIZE

Even though retirement is far and away the biggest reason sellers go to market, most business owners are doing little to no exit planning. The smaller the business, the less likely owners are to plan. Of those owners who did plan, most started less than a year before putting their business on the market.

Data taken from the Q3 2023 Market Pulse Report published by the International Business Brokers Association (IBBA) and M&A Source.