Turner Butler is pleased to announce the sale of Sound Solutions Limited the on-line retailer of insulation solutions off a guide price of £795,000. Said Turner Butler’s managing director Rupert Cattell: “We listed this business and within 6 weeks we had signed heads of terms. The deal duly completed and the vendor was very happy to accept the cheque and retire form the business.
It just goes to show that if you list your business at a sensible price, produce decent accounting information and take professional advice, you can sell your business.
It never ceases to amaze me how seemingly sensible and experienced business people get lured into paying unscrupulous brokers upfront fees for a glossy brochure and an asking price set at absurd levels. Trust your gut instinct and ask yourself whether you would buy your business at the asking price, is what I always say.”
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