That Agency Show

Why We Sold Our Marketing Agency


Listen Later

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

...more
View all episodesView all episodes
Download on the App Store

That Agency ShowBy Kyle Sulerud and Drew Carrell