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The following information can be helpful to both Buyers and Sellers. If you have a
question that has not been addressed on this site, please call or Email and we will promptly respond.
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| What Gives a Business Value? |
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Tangible Assets:
Inventory, Furniture, Fixtures, Equipment.
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Intangible Assets:
Time in Business, Customer Base, Training, Covenant Not To Compete, Suppliers.
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Probable Income:
Sales, Gross Profit, Cash Flow, Quality of Records, Trend of Business.
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Lease:
Term, Options, Monthly Expense, Location.
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Terms of Sale:
Initial Investment, Terms, Interest Rate.
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Small Business Administration (SBA)
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SBA generally does not make direct loans. Instead, it guarantees loans submitted
and made by financial institutions.
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7(a) loan - Typically a short term loan for inventory, working capital, etc...
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504 loan - Long term fixed for equipment, real estate, etc...
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For more information visit their website at: www.sba.gov
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All listings are confidential, we will not release specific
business information over the phone.
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All potential buyers must sign a Confidentiality Agreement prior to receiving
confidential information.
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While researching the purchase of a business, buyers are prohibited from contacting
the seller, employees, competitors, suppliers and vendors. All contact will be arranged
through the sales agent.
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We do not provide any financing, but can guide you to some financial institutions
who have met with us and are willing to help.
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All sales include training that the seller will provide after closing.
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All sales include a non-compete clause from seller.
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Earnest money is evidence of a buyer’s seriousness when making an offer.
The funds are held in the brokers trust account during the due diligence and is applied
to the down payment at closing.
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What are the tax consequences especially on an all cash sale?
You should consult your tax advisor if this is a concern.
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