Not every business listed for sale will ultimately sell. In fact, some trade groups in our industry have stated that less than 10% of businesses that are listed "for sale by owner" will actually sell! They go further and say that businesses that are listed by Business Brokers actually have a 40-50% probability of selling. That's a 4 to 5 times improved rate of success, when a business uses a business broker! As a business broker, this is great, but I know why this is the case. I, myself, as well as other Business Brokers (at least the good ones), screen the businesses we want to work with. We have limited time and resources, so we want to take on clients whose businesses we KNOW have a greater chance of selling.
There are a number of reasons why
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