The measure of how prepared your business is to be sold — and what buyers will see when they evaluate it.
Sellability — also called exit readiness — is the broad assessment of how prepared a business is to be sold cleanly, at full value, with minimal friction during the process. It's not one number. It's the combined picture across financial quality, owner dependency, customer concentration, documentation, management depth, growth trajectory, and how well the business will survive the buyer's diligence rebuild. A business with high sellability sells faster, attracts more buyer competition, and closes closer to its asking price. A business with low sellability either sells at a discount, sells with painful structure, or doesn't sell at all.
Sellability is what buyers are evaluating from the first conversation — long before they make an offer. It determines whether your sale closes at the top of your range or the bottom.
Buyers form a sellability read in the first thirty minutes of looking at a business — and that read shapes every subsequent move they make.