Step 3

Find Your Dream Buyer

Creating a market of prospective buyers ranges from targeted outreach to open auctions. The right buyer isn't just about price: it's about finding someone who will steward your legacy.

How Should You Find Buyers?

Auction Model

Promotes the sale broadly for competing bids and price discovery, but provides little control over buyer fit.

Better price discovery
~90% of buyers may be poor fits
Targeted Outreach

Directly contact select qualified buyers based on experience, temperament, and vision for the company.

More certainty on fit
Sacrifices broad exposure
Hybrid Approach

Leverage marketplaces like Rejigg to create initial interest, then vet respondents based on values and fit. See businesses currently listed on our marketplace.

Best of both worlds
Recommended approach
Why the Hybrid Approach Works
  • You're more likely to find quality, pre-vetted buyers who match your criteria

  • It's much easier to connect with serious buyers who have demonstrated intent

  • Start building relationships immediately, not with random auction participants

  • Maintain control over who learns about your business

The Different Types of Buyers

Financial Buyers

Seek returns through operational improvement. Includes private equity, search funds, and family offices. Primary focus is ROI.

Focus on EBITDA multiples
May implement cost-cutting
Typically plan exit in 3-7 years
Strategic Buyers

Acquire to expand capabilities and market share. Already participate in your industry ecosystem.

May pay premium for synergies
Integration with existing ops
Long-term ownership intent
Owner-Operators

Buy both the job and equity ownership. Expect operating control and direct involvement post-sale. Many use SBA financing.

Hands-on management style
Personal investment in success
Often use SBA loans

Qualifying Questions to Ask Buyers

What is your experience with acquisitions of this size and industry?

How do you plan to structure leadership and retain key employees?

What is your typical holding period for investments?

Can you provide references from previous sellers you've worked with?

Red Flags to Watch For

Unwillingness to sign NDA before receiving detailed information

Vague or evasive answers about funding sources

Pressure to move quickly without proper due diligence

History of renegotiating deals at closing

No clear operating plan or integration strategy

See Real Transactions

Curious what successful deals look like? Browse our completed transactions to see the types of businesses that have sold through Rejigg. If buyers are using SBA financing, check out our SBA loan calculator to understand their purchasing power.

Find Your Ideal Buyer

Rejigg connects you with serious, pre-vetted buyers who align with your values and goals.

Get Started Selling
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Step 2: Prepare to Sell Your Business

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Step 4: Negotiate a Deal