SECURITY An advantage to
buying an ongoing business is that you,
as the new owner, have an immediate cash
flow and an established customer base. You
do not have to build a business. You simply
take over an existing successful business
with the present owner's assistance.
FINANCING Empire has established a unique business relationship with a leading Loan Facilitator to assist you with all of your business acquisition financing needs. Our Loan Facilitator Partner works with lenders who provide financial products such as small business loans and commercial loans, as well as other financial instruments to obtain the financing you need. Our partner has the experience and expertise to work with you throughout the loan process to help ensure a successful and timely closing.
CONFIDENTIALITY Unlike the sale
of real estate or franchises, the sale
of an ongoing business is very confidential
for both the seller and the prospective
buyer. All inquiries are held in strict
confidence. Meetings are confidential,
and we are available after hours and on
weekends.
THINGS
A BUSINESS BUYER SHOULD KNOW At EMPIRE, we are advocates of finding a business
that you like and would feel comfortable
managing. You, like every other prospective
buyer, have a vision of being your own
boss and calling your own shots. A business
must fit your visions to be successful.
An old saying in
the real estate industry is...."The
three most important things a buyer should
look for are location, location, and location."
While location is important to a business
buyer, be aware that track record and
management round out the three components
of a successful business.
Let's
assume that you find a business that you
like and its location is fine. But, because
of poor management, the business may not
show the greatest track record. Purchased
for the right price and on the right terms,
this business could become more successful
with proper management, making it a good
way to achieve your vision of being in
business for yourself.
As
a prospective buyer, you will be concerned
as to why the business owner is selling
the business. Business owners sell for
a variety of honest reasons. Besides the
obvious reasons of retirement, bad health,
or re-location, many sellers simply tire
of doing the same thing and want to move
on. If it is a good business for you,
the reason for the sale doesn't matter.
Are
you looking for a particular type of business?
EMPIRE Business Solutions
has a special buyer's agent program. In
this program we use various techniques
to try and locate the exact type of business
you are looking for. For more information on this
program, please call 858-673-7773.
Remember,
your EMPIRE Business Intermediary is a well
trained professional who knows how to
buy a business. Do utilize your broker's
talents and call your broker whenever
you need assistance or have questions
about the process.
If
you require professional assistance to
purchase a business, contact us today
for a confidential meeting:
