Information For Business Buyers
"What we can do for you..."
Security
A big advantage in buying an ongoing business is that you, as the new owner, have an immediate
cash flow and an
established customer base. You do not have to build a business; you simply take over an existing, successful business with the present owner’s assistance.
Financing
We assist you in obtaining financing. Banks are reluctant to finance business purchases for several reasons. One, all small businesses attempt to minimize profits shown on financial statements to reduce tax liability. Also, a bank cannot come in to manage a business if foreclosure becomes necessary. Therefore, over ninety percent of business purchases are financed by the owner himself, which demonstrates his confidence in the business.
Confidentiality
Unlike the sale of real estate or franchises, the sale of an ongoing business is very confidential for both the seller and the prospective buyer. All inquiries are held in strict confidence. Meetings are confidential, and we are available after hours and on weekends.
Note: Remember ultimately the success or failure of the business is the owner’s responsibility, and there is no “Right” business, so buyers must be flexible.
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