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Selling Your Fabrication Shop: The Ultimate Exit Strategy
Manage episode 435559102 series 2991297
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Thinking about cashing out on your fabrication business? In this episode of ISFA’s Behind the Surface Podcast, Executive Director Marissa Bankert chats with Chase Busenbark, a business owner and certified broker who grew up in the stone industry. Chase outlines a roadmap to a smooth exit out of the surface fabrication business. Points of interest include:
- How to develop a solid exit strategy, even if you're years away from selling.
- Why EBITDA matters and how to normalize your financials for a more accurate picture.
- The best time to sell to maximize your profit.
- How to prepare your business for a successful sale, including presale financial organization and trend tracking.
- Dos and don'ts to avoid costly mistakes during the selling process.
Whether you're feeling burnt out, approaching retirement or otherwise changing your path, this episode will equip you with the knowledge and strategies you need to sell your fabrication shop on your terms.
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