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How to Sell a Business in Frisco, Texas
What makes Frisco different
- One of the fastest-growing cities in the country. Constant new households drive demand for home services, childcare, education, fitness, healthcare and restaurants.
- Young families. Youth sports, tutoring, enrichment, pediatric and family services do especially well.
- Newer businesses. Many Frisco businesses have only a few years of history. Buyers and SBA lenders want to see a clear upward trend and at least 2 to 3 years of tax returns.
- Sports and entertainment. Professional sports headquarters and large mixed-use developments draw visitors and support hospitality and retail.
- Franchises. Frisco has many franchise units, so franchise resales are common.
Josh's take: Frisco businesses grow up fast; some of them sit on land that was pasture along the Tollway not that long ago. That creates a valuation puzzle: three great years and not much history. Buyers will pay for growth, but they want proof it comes from customers who stay, not just new rooftops going up.
Frisco-specific considerations
- Leases. New retail centers often come with higher rents and personal guarantees. A transferable lease with enough term is essential.
- Short track records. If your business is young, clean books and strong recent growth matter more than ever. See Preparing Financials, SDE and Add-Backs.
- Local permits. City of Frisco certificates of occupancy and health permits may need transfer or reissue.
- State steps. Texas Comptroller sales tax clearance and current franchise tax.
Frisco FAQs
Can I sell a business that's only a few years old?
Yes. Buyers will focus on the growth trend and how reliable it is. Two to three years of tax returns is usually the minimum for SBA financing.
What types of businesses sell well in Frisco?
Family and youth services, healthcare, fitness, home services, franchises and well-run restaurants.
How much does a business broker charge in Frisco?
For businesses selling under about $1 million, fees commonly run 10% to 15% with a minimum, paid at closing. Larger deals usually follow a Lehman-style sliding scale. Schedule a conversation for specifics.
How long does it take to sell a business in Frisco?
Typically 6 to 12 months.
Nearby
See How to Sell a Business in Plano and How to Sell a Business in McKinney.