Buyer Introduction

Is Buying Right for You?

Common Buyer Questions

Business Sales Process

Looking At The Numbers

Brokerage Process

 

SALES PROCESS

 A business sale is full of details from beginning to end
and there is a potential for mistakes to happen.

 
Some of the major steps involved in the process:

  1. Assisting the Seller to prepare the Business  for market.

  2. Reviewing all financial information and developing a
    Cash Flow adjustment.

  3. Determining a reasonable fair market value for the Business.

  4. Execution of a sales agreement with the Broker.

  5. Broker then prepares a sales and promotion package.

  6. Business is exposed to a comprehensive marketing program.

  7. Broker interviews prospective qualified Buyers.

  8. Buyer signs a Confidentiality Agreement.

  9. Buyer visits the Business for a premises inspection.

  10. Buyer and Seller together review financial status of Business.

  11. Buyer makes an offer to purchase Business.

  12. Broker negotiates an agreement between the parties.

  13. An escrow is opened for business (and property if included).

  14. Buyer financing package is submitted (if appropriate).

  15. Buyer due diligence is performed on the Business.

  16. Escrow is closed with Seller.

  17. Broker assists with notification of sale to employees if needed.

  18. Seller provides Buyer familiarization in all aspect of the Business.

  19. Seller moves on to the next adventure in his life.

  Go to Seller's Information Entry Form    

Go to Buyer's Information Entry Form

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