Typical time frame

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by a searcher from University of South Carolina - Darla Moore School of Business
in Charleston, SC, USA

3yrs ago

Typical time frame

Just curious how long most people on here have been searching. What is the typical timeframe for finding something good and closing the deal? I'm hoping to make it 3 months or less. Is that feasible?

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reply by a searcher 3yrs ago
from London Business School in Miguel Hidalgo, Mexico City, CDMX, Mexico

I believe 3 months is an unrealistic timeframe. There are always obstacles to close the best deal possible, and overcoming them means extending the time to close.

reply by an investor 3yrs ago
from Stanford University in Bellevue, WA, USA

The avg is around 2 years but mentally I think it is important to commit to a 3 year search. Otherwise, you can get very anxious after one year and your focus becomes to purchase ANY business rather than a GOOD business.