The Havertys Furniture business is a unique entity in the world of retail. With a rich history dating back to 1885, Havertys has been a trusted name in the furniture industry, providing high-quality, stylish, and affordable furniture to countless homes across the United States. If you own a Havertys Furniture business and are considering selling it, there are several steps you need to take to ensure a smooth and profitable sale.
Firstly, it’s crucial to understand the value of your business. This involves a comprehensive evaluation of your financial records, including sales, expenses, and profits. You’ll also need to consider the value of your inventory, equipment, and any real estate associated with the business. It’s advisable to hire a professional appraiser or accountant to help you with this process, as they can provide an accurate and unbiased assessment of your business’s worth.
Next, you’ll need to prepare your business for sale. This involves making sure all your financial records are up-to-date and organized. Potential buyers will want to see a clear picture of your business’s financial health, so it’s essential to have all your paperwork in order. You should also consider making any necessary repairs or upgrades to your store or equipment to make your business more appealing to buyers.
In addition to preparing your business physically and financially for sale, you’ll also need to prepare emotionally. Selling a business can be a stressful and emotional process, especially if you’ve put a lot of time and effort into building it. It’s important to stay focused and objective during the sale process to ensure you make the best decisions for your future.
Once you’ve prepared your business for sale, it’s time to find a buyer. This can be a challenging process, as you’ll need to find someone who is not only interested in buying a furniture business but also has the financial means to do so. This is where a business brokerage can be invaluable.
A business brokerage is a firm that assists business owners in selling their businesses. They have extensive networks of potential buyers and can help you find the right buyer for your Havertys Furniture business. They can also assist with negotiations, ensuring you get the best possible price for your business.
We, as a business brokerage, have a wealth of experience in selling businesses like yours. We understand the unique challenges and opportunities associated with the Havertys Furniture business and can provide you with the support and guidance you need throughout the sale process.
Selling your Havertys Furniture business is a significant decision, and it’s essential to have the right support and advice. By preparing your business for sale and working with a reputable business brokerage, you can ensure a successful and profitable sale.
We invite you to contact us to discuss your business sale needs. Our team of experienced brokers is ready to assist you in selling your Havertys Furniture business. Please use the contact form to get in touch with us, and we’ll be happy to help you navigate the sale process.
