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Buying
a Business
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Buying
an existing business has many advantages over building a business from
scratch. Surveys in the US have shown that 60% of new businesses fail
within the first three years. A business that is already established and
is purchased by a new owner shows a minimal failure rate.
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Buying
a business involves serious personal and financial commitments and is
not something to be taken lightly. We help to take the anxiety out of
this stressful and uncertain process and pride ourselves on our ability
to match the right business opportunity with the right buyer.
You the Buyer will benefit from the fact that we prequalify all
businesses before they are listed on our database. We analyse the
business as a whole and before a business is sold, the seller is
required to enter into a “non-competition agreement”.
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Our
database of businesses for sale covers just about every industry and
what we don’t have we will use our expertise to source. Our brokers
are there to help you find potential businesses that meet your needs,
allowing you more options and eliminating the headaches of dealing with
all those meaningless contacts.
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We
are skilled at negotiating finance and will help formulate a financial
plan for you. Banks worldwide are reluctant to finance small businesses
and therefore seller financing is very common, which allows for a lower
interest rate, simpler credit checks and a lower payment plan. Greater
seller commitment also results in this case as any owner who offers
seller financing has a vested interest in your success. Contact us for
more information on seller financing.
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We will represent you in
negotiations with the seller. After
submitting an offer, the Buyer will enter into the due diligence phase
of buying a business. This is an investigation that allows for peace of
mind for the completion of a purchase. We will be right
at your side during this phase, as well as be there to coordinate the
closing paperwork. In short, when purchasing a business
through us, we work with you till the end.
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Prospective
buyers may view a list of Businesses for Sale that meet the search
criteria that they enter relating to location, Industry, activity, size,
profitability and price. See our search link. |
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