Selling Your Shop Bonus Post: Top 5 Misconceptions About Selling Your Shop

Top 5 Misconceptions About Selling Your Shop

This post is part of our series, “The Real Story of Selling Your Shop.” You can read any of the other articles in our series here.

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Myth #1: You’ll lose your shop’s name.

Many buyers will choose to keep your original name or slowly rebrand to retain community trust.

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Myth #2: Selling means layoffs.

Many buyers value experienced teams and want to keep staff.

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Myth #3: The process takes forever.

With organized records, many sales close in as little as 60–120 days.

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Myth #4: You’ll be forced out immediately.

Transition plans can keep you involved for months, or even in a full-time role in cases where you want to get out of managing the business but want to continue to work.

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Myth #5: Selling is risky and complicated.

With good advisors and clear communication, it can be straightforward and rewarding.

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Download our free Seller’s Guide PDF below to see the real steps in a shop sale, myths removed.

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