Hiring a Broker: From Intro Call and Appraisal, to Buyers and Offers with David Cozzocrea

29/07/2022 36 min Episodio 30
Hiring a Broker: From Intro Call and Appraisal, to Buyers and Offers with David Cozzocrea

Listen "Hiring a Broker: From Intro Call and Appraisal, to Buyers and Offers with David Cozzocrea"

Episode Synopsis

Are you a business owner who is considering selling your healthcare business? Many business owners are considering it after the challenging market of the last year and a half. What do brokers do for business owners like you to help sell your practice? How much do you think your business is worth? Do you know how a broker can help you figure it out and negotiate it with their opinion of value?This week's Dave Kittle Show episode, Dave Kittle will be joined by David Cozzocrea. David is a healthcare business broker and President at Southeast Business Advisors in Tallahassee, FL.Selling your practice can allow you to realize the next chapter of your life. Whether that be retirement, scaling back day to day running of a business, moving on to another business, or simply cashing out.Unfortunately, over 80% of businesses listed for sale never actually sell, and less than half receive their listing price. When you work with a broker like David Cozzocrea, you’re dealing with industry experts, and fellow business owners, who can help you get your business sold for top dollar.It’s a complex affair involving hundreds of variables. Without a professional team to guide you, you face an uncertain and challenging economy, unbridled competition, and sophisticated buyers. Don’t face these obstacles on your own – today’s guest, David Cozzocrea – can guide you through the process. His goal is to make the process as smooth as possible for both sides...It's never too early to prepare for a sale...We will touch on such topics as:Without a professional team to guide you, you face an uncertain and challenging economy, unbridled competition, and sophisticated buyers.Most people don’t know how to sell a business.It is beneficial to work with a broker when selling your practice because they handle everything.In order to come up with the value of your business, you need to gather all the financial information.The difference between the broker’s opinion of value and a certified business appraisalAn average time for a business to sell is 9 to 12 months.The reason why a business will never get sold is because of its being overvalued. P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.