Our Services for buyers of a business for sale…

1. Educate you regarding the process and issues faced when buying a small and medium sized business.
2. Help you figure out what business will fit your wanted lifestyle, needs and interests.
3. Locate an appropriate business.
4. See what the value of the business is to you as a buyer.
5. Help in the negotiation and establishment of price and terms.
6. Assist in the structure and establishment of financing from lenders and the seller.

Buy a Business Process…

Step 1 is to contact Business Brokers as they are typically free of any charges directly to you as a buyer. The broker’s fee is usually paid by the seller’s broker as they will split the seller’s broker’s fee. Initial contact is just to see how you feel about working with that particular broker and how you generally feel about them.  Select a Broker.

Step 2 is to work with your broker to establish what you can afford and what kind of business you would be interested in.  At this stage you should seek pre-qualification for an SBA loan if one is needed.

Step 3 is to a sit back and review the businesses your broker provides and decide on which you like to gather more information about. You would also spend some time looking through business for sale listings and make your business broker aware of any you are interested in. Find a business to investigate and decide if you want to put in an offer.

Step 4 is to negotiate, with the help of your broker, a price and terms agreeable to you and the seller.

Step 5 is the removal of contingencies to the contract such as the timely completions of the due diligence process. Your broker will guide you through the process.

The final step is to close the transaction.

Your broker will continue to work with you after the sale on remaining terms and conditions of the sale until the seller is completely separated from the business.