Buying Process

A. Phase 1 ( Initial Review )

Review Business Outline

Provide qualifying information (operational & investment experience, resources)

Sign Confidentiality Agreement / Non Disclosure Agreement

B. Phase 2 (In- Depth Analysis)

Review Confidential Memorandum / Prospectus

Consult with own CPA / attorney for value determination (if applicable)

Perform local industry analysis / comparison

Confirm Asking Price & Terms with personal investment objectives

C. Phase 3 ( Buyer Offer )

Meet with business owner offsite, discuss business operations, personal introduction

Visit business location during off-hours

Prepare Offer To Purchase (with contingencies)

Negotiation and acceptance of Offer To Purchase

D. Phase 4 ( Due Diligence )

Prepare due diligence with a catalog of buyer questions

Obtain SBA financing ( Broker can assist )

Obtain regulatory approvals

Set closing date for final transfer