Every enquiry counts!
For James, the owner of a flourishing eCommerce business, the journey to selling his business was a testament to persistence, strong relationships, and timely action. Here’s the inspiring story of how James successfully sold his business, resulting in a happy outcome for both him and the buyer.
After making the decision to sell his eCommerce business, James listed it on the market with high hopes. The business quickly garnered attention, receiving 77 enquiries from potential buyers. Interestingly, among the many interested parties, the final buyer was one of the people who reached out within the first two weeks of the listing going live.
Although the initial interest did not immediately materialise into a sale, the relationship between the broker and the buyer remained strong. The broker maintained consistent communication, providing updates and ensuring the buyer remained engaged. This steady relationship proved invaluable as circumstances evolved.
Six months into the sales process, an unexpected urgency arose. James faced health issues that made the sale of his business critical. Recognising the pressing need, the broker reached out to the early potential buyer. Thanks to the established rapport and transparent communication, the buyer was receptive and willing to re-engage in negotiations.
One of the significant challenges in selling James’s eCommerce business was managing aging stock. Despite this issue, the business was fundamentally sound, and the buyer saw its potential. The broker’s honesty about the business’s strengths and weaknesses played a crucial role in securing the buyer’s confidence.
After careful negotiations and mutual understanding, an agreement was reached that satisfied both James and the buyer. The buyer, located in a different state than the seller, appreciated the seamless and transparent sales process facilitated by the broker. Both parties were ecstatic with the final result, celebrating a deal that was beneficial for everyone involved.
Contact Bonza today to see how we can help you achieve your business goals!