Frequently Asked Questions 

For Sellers

1.) Why Should I Use A Business Broker?

As business brokers we are exclusively involved with finding a buyer for a seller (you). 100% of our activity is business for sale. Whereas a realtor handles 90% or more of residential or rental properties. Would you give your business to someone to sell 10% of the time or 100% of the time?
Secondly, and most importantly - we spend a lot of time getting to know the people who call us looking for a business to buy. We are trained to find out what motivates them, their financial ability to afford a business and overcome concerns and obstacles in the decision making process. In short we help them make the decision, the right decision to buy.
All of the above takes time.

2. Why Should I Sign A 1 Year Agreement With The Business Broker?

It takes an investment in time and money to secure the right buyer for your business. Again this is not an easy task. Financing alone can take months. We talk to many people, but few are capable or willing to buy a business.

3.) Why Do I Have To Pay A 10% Commission On The Sale?

The seller should only be concerned with the bottom line. The money comes from the buyer. What you get for your business minus the commission is all that counts. You'll find a realtor for less, but do you want to get less effort as well? Selling a business takes more persistent effort than a home. Most people will take the path of least resistance if given the choice.

4.) I Don't Need A Business Broker, I Can Sell This Business Myself.

You'll soon find out that selling your business takes a lot of your time. Would you rather run your business and maintain your income or sacrifice that looking for a buyer? We are professional business brokers with experience. Can you compare with us? WE have people come to us to buy a business - more people than one owner/operator can attract. It's not uncommon for someone to become interested in a business they may not have intended. Besides, owner/sellers run a much greater risk of being discovered.

For Buyers

1.) Why Should I Buy Someone Else's Business?   
I Can Start My Own . . .

Yes, you can, if you prefer to do things a much more difficult way. Buying an existing business provides an immediate cash flow. No delays acquiring equipment, or knowledgeable personnel. Besides, do you want to add to the existing supply?

2. I Don't Need A Broker - I'll Find My Own Seller.

Business brokers can often provide more choices and selection of what's available to buy, enabling a buyer not only to get a better deal, but find a more suitable match. If we don't have what you want, we will look until we find it. We also act as mediators preserving and strengthening the buyer/seller relationship, preventing a deal from falling apart.

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