Buying a Business
Owning a business and working for your self is the dream for many entrepreneur spirited Americans; especially those who are coming out of the grind of the corporate world. It’s the desire of having to answer to no one (but yourself) and doing something meaningful that makes a difference. You would be the captain of the ship and the decisions you make shape both you and your company’s success. Based upon the number of buyers that feel this way, it is no wonder that regardless of the economy, so many small businesses find new owners every year.
A question that we frequently get is why would an owner want to sell his/hers successful business after years of dedication to it? Answers to this question can vary upon individual circumstances, but the majority of the time it comes down to these three things.
*Owner Retirement * Family or Health Issues * Pursue Other Interests
We have found the reason for selling can be important, as it helps to define the owner’s motivation and immediacy to sell. Simply put, most owners want to sell because their chance of circumstances now dictate it. Being that individual circumstances change all of the time, the market for profitable small businesses is steady and consistent. Due to the above factors, there is no best “market time” to buy a business. The time to buy a business is determined when you are ready to take the plunge!
How can we help you in the process? The short answer is in every way! This starts with us doing a personal inventory with you so we can understand what your financial goals, interests, and objectives are in owning a business. We will then locate and expose you to the businesses that potentially match up to your needs. Once the best match is found & after reviewing the seller’s financial(s) we will prepare purchase documents on your behalf. If you need conventional / SBA financing to purchase, we can connect you to one of our business lenders who we have a successful track record with. After acceptance, we will be by your side in working through all of the contingencies to get to the closing.
I have put together more comprehensive information on the above process which is found in my publication Guide To Buying A Business Download Here.Upon request, this will be sent to you via e-mail instant download.
My objectives will mirror yours. This includes finding you the best possible business that matches your needs, negotiate the best terms on your behalf, and structure a transitionary period that will ensure you and your new business will have continued success.
You can receive all of these benefits with no direct out of pocket cost; as the business owner will pay us to represent you. When you consider the above benefits it really makes sense to put us to work for you!
To get the process started please use the link below to contact us.
All communications are help in strict confidence. Any initial consultations are without cost or obligation. Real estate transactions are handled through our affiliated company CBA Realty / Mark Knopic, BIC.