I'm selling my lawn care business but brokers want a large fee how else to sell my business?

Answer 1

How large is large? A typical business broker fee is $10,000 payable on success, so if your broker asks for more (or wants the fee upfront), you can probably get a better deal from a different broker.

Answer 2

Try negotiating a lower fee. Or invite several brokers to submit proposals. Maybe knowing that they have competition will make them price sensitive.

Or offer to pay their fee IF they sell the business in so many days. After that the commission drops.

Where I live some businesses use real estate agents to try to arrange a sale.

I'd suggest contacting your chamber of commerce or business association for leads on where and how to sell your business.

Finally, you might consider inviting your competitors or those in neighbouring communities to bid on the business. The guys in the next community might want to expand, while the local guys would want to both expand and keep competition out.

Answer 3

Offer your business to existing companies that may want to expand their business/services.

Look in the Yellow Pages for Lawn Care companies.