Buying A Business

Buying a business is a major decision. It will affect you not only financially, but also, and probably more significantly, as a lifestyle choice.

Smooth & Successful Transaction

How you live your life is shaped and influenced by how you earn your living. If you have decided that now is the best time to consider going into business for yourself, working with Buy Sell Lease can provide the professional assistance necessary for a smooth and successful transaction.

Save You Time & Aggravation

We will save you time, aggravation, and resources by doing the necessary research and ground work to find you the right company that fits your specific criteria. We will only present businesses to you when we are certain they are what they appear to be in terms of revenue, earnings, cash flow, etc. and there is a willing seller, realistic about price and terms.

The Right Company for the Best Deal!

When it comes to acquiring a company, whether a small business, medium size business or large corporation, Buy Sell Lease ensures you find the right company for the best deal.

Confidentiality Agreement

If you have an interest in a company we currently represent, and you are a qualified buyer, we will provide you with the seller's information. Please be advised that we have very strict policies regarding confidentiality, and before we provide any specific information about a company we represent, we require a signed Confidentiality Agreement. Buy Sell Lease has the right to withhold information to any potential buyer for any reason.

Tips for Buying or Purchasing a Business

If you buying a business, please consider the following,

Decide what type of business are you looking for, a retail business, a manufacturing business, a service business, a distributorship, a restaurant, an online business, or a home based business? There’s plenty to choose from.

• Are you buying a business for investment purposes, and not planning to spend personal time their?
• Are you buying and going to work the business yourself?
• Are you buying for a strategic purpose, which usually means doing a merger or acquisition wanting to expand your current company?
• Are you thinking of buying a new franchise, learn ten good reasons for buying a franchise or why you might not want a franchise.

When you buy a business with strong cash flow, the monthly expenses are usually covered and you have money left at the end of each month, called net profit or cash flow.
Some even call these owners benefits.

Letter of intent: Prior to signing a purchase agreement, you might want to put a letter of intent together. The following could be consider,

• The selling price:
• Covent not to compete:
• A list of liabilities if any:
• Due diligence time allocated:
• Accountant’s receivable if any:
• All cash at closing, a loan, or owner financing and how much:
• Training by the seller or staff and for how long and at what cost if any:
• The assets, inventory, and or the corporation, LLC, whatever you intend to purchase
• A time and date for the closing, if lawyers are involved which law firm will facilitate the closing?

The Right to Setoff: this should be in the closing documents.
The buyer may set off money from the promissory note owed to venders or creditors not paid by the seller. A certified letter should be sent to the seller giving them a chance to make good on the debt owned.

All information provided is subject to your own research; always consider consulting an accountant for financial advice and an attorney for legal advice.

Buy Sell Lease looks forward to assisting You!