Typical time frame

by a searcher from University of South Carolina - Darla Moore School of Business

1 year ago

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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25 comments

investor from Stanford University - Graduate School of Business

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.

1 year ago | like reply | 0 likes

searcher from London Business School

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.

1 year ago | like reply | 0 likes

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