Buy a Business
Are you looking to invest in an already profitable business or in a failing business for a turn around oportunity?
At what business stage do you feel more comfortable investing?
Do you have industry experience or do you need help in becoming familiar with the type of business?
Do you have enough funds to buy a business and cover operating expenses until it starts generating enough cash flow to keep the business running?
Do you need financing assistance from seller or the SBA?
These are some of the questions a buyer should ask and answer before starting the process of buying a business.
If you are interested in buying a business, please visit our contact page. Submit your information and we will contact you soon to discuss the business opportunities currently available.
STEPS IN BUYING PROCESS
Fill out a buyer profile form to help us determine if you have the minimal qualifications to succeed in the business you wish to buy
If your buyer profile meets the qualifications, we will help you search and visit the business opportunities that best meet your criteria.
During the buying process, you will receive confidential business information from seller.
In order to protect the seller, we need a signed confidentiality agreement in which you agree to keep all the information that you will receive confidential.
THE OFFER & NEGOTIATION PERIOD
Once the business is found, an offer with contingencies is presented and an escrow deposit is made to show the seller that the buyer is making a serious offer. We will assist in preparing and presenting counteroffers until an agreement is reached.
THE DUE DILIGENCE PERIOD
Once your offer has been accepted, the due diligence period begins and we will coordinate with your attorney and accountant to help satisfy any contingencies.
The final steps require to complete a number of tasks such as the transferring of utilities, lease assignments, inventory counts, and final lender's approval if financing is needed..