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 Contact A Neumann & Associates, LLC If 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.