What options exist for transferring ownership besides an outright sale?
Sale alternatives besides immediate transfer
Options besides an outright sale include a gradual sale—where the buyer pays over time and the seller continues to receive income—and a lease arrangement in which the buyer operates the business temporarily. SBA notes that an outright sale provides immediate payment and exits the business quicklyhttps://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business#:~:text=Option%20Scenario%20Benefit%20Outright%20sale,and%20receive%20payment%20right%20away. In a gradual sale, the seller retains income while the buyer makes payments over a period of timehttps://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business#:~:text=Gradual%20sale%20Bill%20owns%20a,option%20for%20transferring%20a%20business. Under a lease agreement, the buyer operates the business for a defined period, and the seller receives lease paymentshttps://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business#:~:text=Lease%20agreement%20Barbara%20has%20decided,the%20conditions%20and%20payments%20you%27ll. Each option has different cash‑flow and risk implications; consult legal and tax advisors to decide which suits your situation. Prime 100 advisors help craft the right deal structure and explore financing options, offering responsive, customer-focused service whenever questions arise.