Ask The Expert
How is selling a business different from selling a house?
Selling a business is infinitely more complex than selling a house and takes significantly longer. Real estate is primarily tangible, whereas a business consists of intangible assets. Selling a business also has a much lower success rate, with many transactions failing during due diligence.
You may be able to sell your house in as little as one to six months. Selling a business, by contrast, takes six to 12 months or longer, on average. Financing is also more difficult to obtain for the acquisition of a business. All of these factors combine to make selling a business much more complex and time-consuming than selling a home.