One of the things that will make a business sell successfully is having a business that will run without you.
In this case, Bobby was not involved in the day-to-day because he had built a great team of general managers.
That was actually the response the buyer was looking for. It impacted him being able to get a higher multiple on his sale. If you are super hands-on, there is a huge void left and a steep learning curve when the buyer acquires your business.
Learn more about how to make a business more valuable in this episode!
