How do I sell my Christmas light installation business?
Time the sale around your install and takedown season, document each customer’s home layout, photos and stored set, separate the lights you own from customer property, and plan the crew and handover. If lighting is a side line, show it apart from your other work.
Buyers of a lighting company look closely at how orderly the seasons were. If you can show a clean record of who you served, what you hung and where it is now stored, a buyer sees a business that runs without you on every roof. That takes preparation well before you talk to anyone. Start with the calendar.
Choosing the timing
A sale in the middle of the busy season is hard on everyone. Many owners prefer to finish takedown, count the stock and then open conversations while the season is fresh. A buyer who closes well before bookings open has time to meet customers and train the crew. Ask your accountant how the timing affects your books.
Documenting the customer list
For each home, record the layout, the photos, the stored set and the notes your crew uses. Show which customers return and which accounts are commercial. This record is what lets a new owner repeat your work. Keep customer information handled carefully, and ask your lawyer what you can share before a buyer signs a confidentiality agreement.
Owned lights and customer property
List the lights you own and rent out, and keep them apart from sets that belong to customers. Label everything. Buyers will ask which inventory is included, so decide that early. Your lawyer can describe how it should appear in the agreement.
Crew, handover and side lines
Tell your best crew leads about the sale when the timing is right, and plan how you will introduce the buyer to returning customers. If lighting sits beside a landscaping or window cleaning company, separate its numbers so a buyer can see them. Whichever adviser you use, ask whom they act for and how they are paid. Our page on how to sell a florist business covers another seasonal sale.
Related reading
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Selling
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Buying
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 02Canadian Federation of Independent BusinessResearch dataSuccession Tsunami: Preparing for a decade of small business transitions
- 03Business Development Bank of CanadaGovernmentHow to Find the Right Buyer for Your Business
- 04Business Development Bank of CanadaGovernment7 steps to increase your business’ value—before you sell it
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