Buying ProcessA. Phase 1 ( Initial Review )Review Business OutlineProvide qualifying information (operational & investment experience, resources)Sign Confidentiality Agreement / Non Disclosure AgreementB. Phase 2 (In- Depth Analysis)Review Confidential Memorandum / ProspectusConsult with own CPA / attorney for value determination (if applicable)Perform local industry analysis / comparisonConfirm Asking Price & Terms with personal investment objectivesC. Phase 3 ( Buyer Offer )Meet with business owner offsite, discuss business operations, personal introductionVisit business location during off-hoursPrepare Offer To Purchase (with contingencies)Negotiation and acceptance of Offer To PurchaseD. Phase 4 ( Due Diligence )Prepare due diligence with a catalog of buyer questionsObtain SBA financing ( Broker can assist )Obtain regulatory approvalsSet closing date for final transfer Contact A Neumann & Associates, LLCIf you are considering selling your business, please contact us to learn more about our comprehensive service spectrum. Our experienced professionals will answer all your questions about selling a privately held business in complete confidentiality. Please Click Here to fill out a short form, or call us at (732) 872-6777. We will contact you directly and will never identify ourselves to your employees.