In this episode, Kyle Sulerud and Drew Carrell pull back the curtain on the intense and often stressful process of selling a marketing agency. From the "90 days of hell" in due diligence to finding a "Picasso in the attic" valuation, they share the honest reality of transitioning away from a company after a decade of hard work. Whether you are looking for a strategic exit or aiming to "burn the boats" and focus on a new venture, this conversation provides essential insights into what buyers really look for and how to ensure your agency is truly sellable.
https://thatagencygroup.com
https://usejuiced.com
0:00 - Selling a thriving agency
0:47 - Show intro and episode setup
2:25 - What they can share
3:24 - Why sell a profitable agency
9:47 - Figuring out how to sell
11:46 - Common agency exit structures
12:53 - How agencies are valued
21:16 - Different types of buyers
25:22 - Choosing a specialized broker
30:02 - Serious buyer conversations begin
33:16 - Comparing the two offers
37:44 - Preparing the business transfer
39:24 - Due diligence and bank review
44:08 - Wire transfer and relief
45:45 - Communicating the sale internally
49:52 - Post-sale transition role
54:52 - What buyers want to see
1:01:17 - Broker recommendation and disclaimer
1:01:57 - Community plug and engagement ask
1:02:30 - Next episode preview