The $250K Offer That Became a $2.5M Sale, with Alex Shteriev
A business owner offered his business to his key employee for $250,000. The employee passed. It later sold for $2.5 million. That gap, between what an owner thinks the business is worth and what a sophisticated buyer will pay, is this whole episode.
Martin and Greg sit down with Alex Shteriev, MBA, CBI, IM&A, M&AP, Partner and Managing Director at Beacon Advisors, who has valued and sold family-owned private businesses since 2009.
What we cover:
- Is your business sellable, or just profitable?
- How far ahead exit prep should start (years, not months)
- Clean financials, owner dependency, and…
The skinny
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