It may seem like an easy process to step away from your Amazon fba business by convincing an acquirer to buy it for a decent amount. If your business is sold, you will get to enjoy the next four years’ profit of the business within one day. However, it will happen only if the buyer is reliable. Most sellers will end up getting lesser money than they expected because of such a wrong selection. Also, if you do not know the process clearly, there may be some issues. So, it is better to raise the following queries to your FBA business acquirer for safety purposes.
What is your overall process?
To know the different steps and to get prepared, you can ask for the overall process of the acquisition company.
How long have you been in this acquisition process?
Asking this question could help you understand whether the company is capable of acquiring the right mindset and expertise.
How long will it take to get money after the confirmation of the sale?
Let us assume that the buyer is okay with your business but the valuation process goes on forever without a conclusion. So, you would also be waiting for several days without seeing a penny on your account. It is a waste of time for both of you. So, you should beware of the duration to get money beforehand.
Is there an option to have a part in the business after the sale?
Sometimes, you will not be willing to cut all your ties with the business that you have built so far for financial reasons alone. If so, you can ask for the availability of an option to have a small part in the same even after selling it to the company. Some Amazon acquirers are doing this. So, there is a chance.
