When I sell, how long will the transaction take?

The typical buyout transaction takes approximately 60 days from start to finish. This is an average, with some taking less (down to 45 days) and some taking longer (up to 180 days). Some buyout companies promise quicker turnarounds- but if the company hasn’t done their due diligence, it is rare that they can close until they complete it, which typically takes 30 days or more. It is important to establish a realistic timeframe within any letter of intent and purchase agreement that you sign.