Frequently Asked Questions

What will I need in order to buy a business?

A good rule-of-thumb is that you will need to have at least 20 percent of the purchase price on hand as down payment. Beyond the money, have a few good professional advisors.

Buy a Business

How long will it take to sell my business?

The national average is approximately six months from the decision to sell to the closing of the deal. The actual timing can vary based on a number of factors including the deal structure, asking price, the local market and even the time of year.

Sell a Business

When is the best time to sell my business?

Ideally, the best time to sell your business is when sales and profits are up and financing is available for buyers. However, determining the best time to sell a business is based on more than just profit potential.

Sell a Business

How much is my business really worth?

The value of your business will be based on several factors including the market value of assets, earning potential, cash flow, and return on investment. Other considerations include the terms and structure of the deal.

Sell a Business

How do I choose the right business?

The only way you will know you’ve found the right one is if you’ve looked at multiple that weren’t. After exploring a few options, you will get a feel for how businesses are presented to the market and start to recognize the factors you like to see in prospective acquisitions.

Buy a Business

What are key factors I should consider?

Consider what area (state, town, etc.) you want your business to be located in. Determine how much cash flow the business will need to have in order to cover your debt service and living expenses. Think about the industry and what experience you do or don’t have.

Sell a Business

Property Alerts

Want to be alerted about new business listings?