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Interested
in One of Our Listings?
Please do not be offended by our screening
procedure. Confidentiality is of the utmost
importance and the primary concern of
our sellers. The personal information
that we ask from you will protect the
Seller from those who seek to obtain their
financial information with no real interest
in actually purchasing the business. Also,
breaching confidentiality can be harmful
to the productivity of the business and
therefore harmful to you the buyer. This
is why we ask you to fill out our questionnaire
or provide a financial statement and have
you sign a non-disclosure agreement.
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Looking
to Buy a Business, Let us Help!
Want the flexibility and excitement of
being your own boss? We can help any buyer
locate the business of their dreams. Let
us do all the hard work for you. Tell
us what you are interested in, what you
like to do, what is most important to
you in a business and let us find it for
you. We will analyze your financial capability
and help you determine a price range.
You have nothing to lose, call our office
today and be a business owner in no time.
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The
Buying Process:
1. Contact our office to let us know that you
are interested in one of our listings.
2. We will ask you to fill out a questionnaire
or ask you to provide a financial statement.
3. We will then have you fill out a non-disclosure
agreement in order to protect the confidentiality
of our sellers.
4. We will then set up an initial meeting between
you and the seller at their place of business
after hours.
5. If you are still interested in the business
after the initial meeting, we will ask you to
make a conditional offer. A conditional offer
is one that gives you the opportunity to perform
due diligence on the financials of the business
to make sure the represented cash flow is accurate.
6. We will then take your initial offer back to
the seller and initiate the negotiating process.
7. We will work with both parties until an agreement
on price is met.
8. We will then work with both parties through
the due diligence period where you will investigate
the financials of the business to make sure the
represented cash flows are accurate.
9. We will simultaneously help you through the
financing process during the due diligence process.
There are several forms of business financing.
Believe it or not, typically, traditional bank
financing is not an option. There are several
options to be pursued, including but not limited
to, SBA 7(a) financing, Seller financing through
a note, 401K or IRA or private financing.
10. After the due diligence and financing period,
we will provide the final Asset Purchase Agreement
and any other documents needed to complete the
transaction a week before closing.
11. Everyone will then meet at our office to close
where all the documents will be signed and you
will walk away a proud new owner with the keys
to the business.
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