Financial FoundationsNovember 26, 2025

Why Most Owners Fail When Selling a Business or Real Estate

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About This Episode

Thinking about selling your business or the building it operates in, but not sure where to start? Dustin Taylor, Kyle Howell, and Alex Wolfe, CFP®, sit down with commercial real estate and business broker Mike Mauger to pull back the curtain on what really happens when you sell a business or the building it operates in. From surprising valuation pitfalls to the hidden levers that boost sale price, this episode cuts through the noise and shows owners what actually matters when it's time to exit.

You'll hear:

• The signals that tell you it's truly the right time to sell

• Why clean, profitable financials matter far more than impressive revenue

• The real difference between selling a business and selling the building

• How sale multiples are determined—and why many owners misjudge their value

• What to fix now if you plan to retire and sell in the next few years

• The tax moves (1031s, DSTs, deferred sales trusts) that can reshape your future

• Why having the right financial team can make or break your outcome

Guest:

Mike Mauger, Commercial Real Estate & Business Broker.

Resources and contact:

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Investment advisory services provided by Base Wealth Management, LLC doing business as Base Wealth Management, as a registered investment advisor.

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BASE WEALTH MANAGEMENT is an SEC-registered investment adviser and offers advisory services in jurisdictions where it is properly registered, notice-filed, or otherwise exempt from registration requirements. Base Wealth Management renders individualized responses to persons in a particular state only after complying with applicable SEC and state regulatory requirements or pursuant to an applicable exemption or exclusion. Registration with the SEC does not imply a certain level of skill or training. Different types of investments involve varying degrees of risk, including the potential loss of principal. Past performance is not indicative of future results, and there can be no assurance that any investment strategy will be successful. There is no guarantee that any portfolio will achieve its investment objectives or outperform any benchmark or index.

Different types of investments involve varying degrees of risk including the potential loss of the entire principal invested. Past performance is no guarantee of future results and there can be no assurance that any specific investment will be profitable. There are also no assurances that any portfolio will match or outperform a particular benchmark or index.

This material is provided for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. It does not constitute tax or legal advice. References to market indices are for context only. Consult a qualified financial professional before making any financial decisions.

BASE WEALTH MANAGEMENT does not represent, warranty, or imply that the services or methods of analysis employed by the firm can or will successfully identify market tops or bottoms, or insulate clients from losses due to market corrections or declines.

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The Retirement Reality Check is an educational tool intended to help individuals identify areas that may warrant further planning discussion. It is not a financial plan, investment recommendation, or guarantee of retirement readiness.

Statistics cited on this page are drawn from third-party research and are provided for general educational context only. Individual circumstances will vary. 1,2,5 Employee Benefit Research Institute (EBRI), 2023 Retirement Confidence Survey. ebri.org. 3 Federal Reserve, Report on the Economic Well-Being of U.S. Households (2023). federalreserve.gov. 4 Federal Reserve, Survey of Consumer Finances (2022). 5 Vanguard, How America Saves (2023); National Institute on Retirement Security, Retirement Insecurity 2024.

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