Sellers' Cost When Selling A Business
What are the cost when selling a business?
The costs include:
- Capital Gains Tax
on sale of business, It is best to consult your accountant to understand the tax impact of the sale.
- Other Tax Liability
state, county, city taxes will be due prior to or at the time of sale.
- Landlord Fees
for repairs and back rent as applicable.
- Escrow Fees
For example, for a business that is sold for $200,000, escrow fees can vary from $1,500 to $3,000 depending on escrow companies used and services rendered.
- Broker Commission
for services rendered. The commission is typically a percentage of the purchase price.
- Advisor Fees
Fees related to a CPA, attorney, or wealth manager.
Contact us today for a free consultation on your business!
In the video above, Top Business Broker Adrianna Smith discusses the different costs that sellers should consider when selling a business.
Recent articles for you
Discover diverse businesses for sale in Los Angeles, from restaurants to retail and wellness ventures
Avoid common pitfalls when you sell your business in Los Angeles with expert insights and actionable tips.
Recognized for top sales, rising talent, and leadership, FCBBLA celebrates a year of strong performance at the 2025 National Awards Conference. LOS ANGELES, CA, UNITED STATES, April 22, 2025 / EINPresswire.com / -- First Choice Business Brokers Los Angeles (FCBBLA) is proud to announce a remarkable showing at the 2025 First Choice Business Brokers National Conference, held in Las Vegas, Nevada on March 31, 2025. The LA office brought home eight prestigious awards, including the coveted title of #2 Listing Brokerage Nationwide, reinforcing its status as one of the top-performing offices in the country. Managing Brokers Adrianna Smith and Lana Hout were each honored with Gold Club Awards for their outstanding sales performance and continued leadership. Together, they were also recognized as the #3 Sales Team Nationwide, a reflection of their consistent excellence and impact on the national stage.
