A mountain-bike business sold in two months after a buyer made an offer on the first call. The deal closed smoothly with no complications, showing that even niche products find their buyer.
Chapters
It was really tough to find the right buyer, honestly, because it's such a niche product and you really would have to like mountain bikes to get into the business. And it's something that's not super common. So it was just a matter of time. I think after 2 months of having it listed, I had a buyer reach out to me who was really interested and we got on an intro call for around 30 minutes, spoke, and I got an offer right then and there and we closed. Really simple. There were no hiccups or anything. It's just like got the offer, signed the agreements, just keep signing stuff. And then eventually we had a call to where I transferred over all the assets and then I got the funds.