Everything an owner needs to know before selling
Written for owners doing this once, not for advisors. Ten guides to the process, and one for each of the twenty sectors we sell in. No sign-up, no gate.
The process, end to end
Preparing your business for sale
The twelve to eighteen months before you go to market decide most of the price. Here is what to work on, in the order that pays best.
8 min read
How Singapore SMEs are valued
Adjusted EBITDA, sector multiples, and the bridge from enterprise value to the money that reaches your account.
9 min read
Succession planning for Singapore SME owners
Family succession, management buy-out, trade sale or staged exit. How to choose, and how early to start.
7 min read
Deal structures explained
Cash at completion, deferred consideration, earn-outs, vendor loans and retentions. What each one means for the money you actually receive.
7 min read
Confidentiality and NDAs when selling
How a sale process is built so that staff, customers and competitors do not find out before you are ready to tell them.
6 min read
How long it takes to sell a business
Six to nine months from mandate to completion, stage by stage, and what makes it longer.
6 min read
Common mistakes when selling a business
Eight errors that show up directly in the final price, and what to do instead.
6 min read
Tax and stamp duty on a Singapore business sale
Share sale versus asset sale, stamp duty on share transfers, and where the tax consequences differ. General information, not advice.
6 min read
Surviving due diligence
What a buyer examines, what they find, and how to make sure nothing found in diligence re-prices your deal.
7 min read
How to choose a business broker in Singapore
What to ask, what the fee models mean, and the warning signs worth walking away from.
6 min read
Guides by sector
Every sector has its own buyers, its own multiple range and its own way of losing you money. Twenty guides, one for each.
Ranges are indicative multiples of normalised EBITDA, not transaction data.
- Automotive 3x to 4.5x
- Beauty and wellness 2.5x to 4.5x
- Childcare and preschool 5x to 8x
- Cleaning, security, facilities 3x to 5x
- Construction and M&E 2.5x to 4x
- E-commerce 3x to 6x
- Education and enrichment 4x to 6.5x
- Events and media 2.5x to 4.5x
- F&B (restaurants, cafes, central kitchen) 2.5x to 4x
- Healthcare and clinics 5x to 8x
- Interior and renovation 2.5x to 4x
- IT services and software 5x to 9x
- Logistics and freight 3.5x to 5.5x
- Manufacturing and engineering 4x to 6x
- Marine and offshore 3x to 5x
- Printing and packaging 3x to 4.5x
- Professional services 3.5x to 5.5x
- Retail 2.5x to 4x
- Trading and distribution 3x to 5x
- Other 3x to 5x
Thinking about selling in the next two years?
A confidential 30 minute call. We tell you what your business is likely worth and what to fix first.