Buying a Business
Why Buy a Business?
Owning a business provides employment opportunities for family and friends, offers an alternative income stream to one you may already have, and reduces the investment risk by diversifying your assets. At no surprise, individuals, private equity groups and corporations are actively searching to acquire existing businesses. Immediate high returns and already established operations are driving acquisitions of existing businesses to an all time high. It is usually much safer and more profitable to buy an existing business than starting a new venture.
The following are the major steps taken when acquiring a business:
Schedule initial consultation with Alpha Business Brokers to discuss your goals, objectives and motivation, and learn what is involved to buy a business. After that, you decide if you would like to buy a business and if you would like to use a broker. Should you decide to go forward with us you must complete a confidentiality agreement package.
Alpha Business Brokers guides you to businesses that best match your criteria. Review the Business Profile and available information about selected business. Schedule a visit to tour the facility and meet the seller. Have a second consultation with an Alpha Business Brokers to discuss the visited business. Ask questions to clarify any remaining issues and confirm that the business is right for you.
Placing a Purchase Offer and Conduction Inspection
We will write the purchase offer with your assistance. At that time you have to make an earnest money deposit. We will guide you how to conduct an in-depth inspection of the business.
Escrow & Closing
We facilitate the escrow and closing process. We help with the completion of all necessary documents and negotiate with other parties when necessary. You are now on your way to becoming a business owner. Congratulations!