 
Full Service Music Store FOR SALE
Full Service Music Store Asking Price $250,000 Total Revenues $150,000 Cash Flow $60,840 Worcester County, MA Listing No. 5691 Full service Music Store selling guitars, keyboards, drums, and thousands of other available musical instruments from recognized vendors like Elixir, Evans, Dunlop, Schecter, Takamine and many other. Other lines include sheet music, CD's and accessories. Comprehensive musical instruction/lessons provided by trained contract professionals. Great growth potential.... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Wholesale & Retail Bakery/ Deli / Ice Cream- Restaurant FOR SALE
3 Businesses Rolled Up and diversified into 1 Wholesale & Retail Bakery/ Deli / Ice Cream- Restaurant REAL ESTATE INCLUDED Exceptionally Clean and great location with asking price close to 1 X Gross. Asking Price $475,000 Total Revenues $439,920 Cash Flow $183,725 Camden County, NJ Listing No.5561 You get 3 businesses in one when you purchase this business. Imagine making this kind of money and you control the real estate, which is available through the seller. This business is a full bakery supplying various bread products and pastries to the retail public as well as large established wholesale accounts. This business supplies bread products to local grocery stores, deli stores and restaurants. This is also a full scale retail deli serviing the finest of meats and hot and cold items. This includes deli sandwiches, salads, burgers,... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Seafood Store For Sale in Suffolk County
OWNER MUST SELL LOOK AT THIS MULTIPLE 1/2 CASH FLOW PAY FOR BUSINESS IN 1/2 YEAR NOW ! $80,000 Asking Price: $100,000 Total Revenues: $456,990 Cash Flow: $159,176 Suffolk County, NY Listing No. 3829 This Fish store is one of the only Fresh Fish Stores in the entire area. The seafood they stock consists of a wide variety of fish and shellfish. The stock comes in daily and is much fresher than you would find in a supermarket. The store is always busy. During Christmas, New Years, Fathers Day etc. the store does exceptionally well. This store is located in a modern strip mall, on busy heavily traveled main road, serving an affluent community. Absentee owner wants to pursue other business interests. Hands on operator can dramatically increase business. Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Women's Fitness, Upscale Community For Sale
Attractive Women's Fitness Facility Women's Fitness, Upscale Community Asking Price $65,000 Total Revenues $90,846 Cash Flow $11,185 Middlesex County, MA Listing No. 5689 Very attractive women's fitness facility in very upscale suburban community. 150 active members. Services include 30 minute workout programs, professional staff training, willing to work closely with local clients. Location is very active community shopping plaza in the heart of town.... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Fantastic Part Time Business For Sale
Fantastic Part Time Business
Owner Works Only 4 Days Per Week Great for a retiree or as a side business Asking Price $40,000 Total Revenues $52,000 Cash Flow $21,020 Suffolk County, NY Listing No. 5670 Great Dry Cleaning Route servicing Suffolk County. Ideal as a starter business or for a retiree. The current owner works only 4 days per week. This business can be easily grown through solicitation of new business. The sale includes a 1995 GMC Safari Van outfitted with racks for dry cleaning. This is a great deal at a very low price. Call today to learn more!... Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Wireless Services Wholeseller Listing 4739
Wireless Services Wholeseller Listing 4739 Asking Price $85,000 Total Revenues $133,650 Cash Flow $50,350 Suffolk County, NY Listing No. 4739 Looking for a company to grow with? If you like technology, here it is. This long established wholesaler of wireless services and products has not been promoted in years. There are growing retail sales and semi- exclusive products which make this low overhead business a winner. The mark-up on the wholesale provider side is 1000%!!! AND it can be grown tremendously. Approximately $85,000 between equipment and inventory!!!... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Franchise Sandwich Shop in high traffic location.
Great Franchise Sandwich Shop in high foot traffic area. Asking Price: $100,000 Total Revenues: $160,000 Cash Flow: $59,000 New Haven County, CT Listing No. 5668 Franchise sandwich shop in high pedestrian traffic location. Fantastic opportunity to increase sales by expanding hours and food offerings. Also offers ice cream and coffee. Price includes all inventory, equipment, and franchise fee. New owner will have to be approved by franchise and take training.... Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
5 REDUCED PRICE LISTINGS
CONNECTICUT DELI / BAKERY (5608) FAIRFIELD COUNTY, CT MOTIVATED OWNER / MUST SELL / REDUCED 28K Charming Deli/Bakery with over 50K in quality equipment and fixtures, priced to sell quickly. This tasteful turn key setup is ready to go should the new owner keep the same operation or easily convert it to a new type of food service business. The establishment is located in a quaint town on a main thoroughfare that averages over 25K vehicles daily. Great lease with four, 2 year options, minimal increases and includes outside maintenance. Currently open for breakfast and lunch, 6 days a week, offering inside, outside seating. Partial owner financing may be available to qualified buyers. ASKING 48K SOME FINANCING POSSIBLE GROSS 120K NET 50K WEB SITE (5465) HOMEBASED REDUCED 130K Dating web site priced to sell with lifetime residual income potential. This matchmaking site has world wide paid members, 3 dating web domains, 7 servers, 2 monitors, search engine ranking, links to hundreds of sites and can be run from any where. As of May 2006, the net cash flow per month has been exceeding 4k a month and growing by more than 5% each month. With partial owner financing and only 2 hours a day to maintain - this is an outstanding opportunity. ASKING 120K 80K DOWN PIZZA RESTAURANT (5309) REDUCED 25K FAIRFIELD COUNTY, CT Huge Pizza Restaurant located within a large amusement center. The location of this 4000 square foot business within the heart of this immense entertainment complex generates vast numbers of potential customers. Equipped with more than ample fixtures and equipment this opportunity can handle small to large parties. Generous owner financing, reasonable rent and the low asking price complete this outstanding opportunity. ASKING 90K 75K DOWN GROSS260K NET 96K PIZZA RESTAURANT (5308) REDUCED 35K FAIRFIELD COUNTY, CT Lucrative Pizza Restaurant producing impressive profit margins and priced below one year's cash flow. This quaint established pizzeria has a tremendous delivery business to compliment the restaurant. Located on a well traveled road, this establishment has great exposure. With four pizza ovens, this place can handle the demand of this booming area. If you are looking for a proven system you have found it! ASKING 200K 150 DOWN GROSS 416K NET 242K PIZZA RESRAURANT (5107) REDUDCED 43K NEW HAVEN COUNTY, CT Fantastic pizzeria and Italian restaurant. This establishment is located on a well traveled road, with great exposure. Interior decor is tastefully done and kitchen has more than ample equipment. With great location and low rent the potential is enormous for an operator with passion. Business is closed - financials are based on 2005 sales. ASKING 37K (CASH) Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Profitable Bagel Business Eastern LI For Sale (Listing No. 5631)
Profitable Bagel Shop OWNER MUST SELL DUE TO ILLNESS, WHOLESALE & RETAIL BUSINESS, SELLING AT A VERY ATTRACTIVE MULTIPLE Asking Price: $250,000 Total Revenues: $463,922 Cash Flow: $226,512 Suffolk County, NY Listing No. 5631 Profitable bagel shop located in a busy shopping strip off a main road. The business does both wholesale and retail sales. The wholesale route consists of over 30+ steady customers. All of the equipment is brand new. Shop seats 16. A/C is new as well as bagel machine. Business currently developing a strong ice cream following. The business is selling at a very low multiple to its cashflow. Call me. Won't last Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
New Bronx Laundromat For Sale (Listing No. 5651)
Attractive & Thriving Laundromat Asking Price: $1,100,000 Total Revenues: $416,000 Cash Flow: $229,700 Bronx County, NY Listing No. 5651 An attractive and thriving Laundromat situated in an ideal low and mid income area of the Bronx. Surrounded by many apartment buildings and city housing, and has been a fixture in the community for the past 15 years. Has seen significant increase in business over the past several months because of the owner's marketing and advertising efforts. Machines - 33 washers & 33 dryers - are only 2 years old. Almost 8 years remaining on location lease. Central Air Conditioning. Marketing Mailer of 50,000 schedule to go out within next several wee... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Brand New Queens Diner For Sale
Brand New Diner - Great Location - Even Better Price!
Asking Price $95,000 Queens County, NY This business is a great opportunity for someone to buy a reasonably priced, brand new, mid-sized diner/restaurant in an extremely busy location. This is a new business with completely new fixtures, furniture and equipment. With seating for up to seventy five, this diner/restaurant is located on a busy Queens corner and is surrounded by many businesses and schools, all of which generate steady customers for this establishment. Asking price of $95,000 will fetch a savvy buyer an attractive, fully equipped turnkey dining operation in a great ... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Environmental, Heating & Plumbing Services For Sale Listing 5638
Environmental, Heating & Plumbing Services For Sale Asking Price: $1,100,000 Total Revenues: $1,053,000 Cash Flow: $394,000 Essex County, NJ Listing No. 5638 3 companies for the price of 1! You can't go wrong with a turn-key plumbing and heating company that has service and oil delivery contracts in place including a license to perform environmental work involving removal and de-commissioning of oil tanks. This business hits every part of the heating/plumbing industry and is not affected by the economy. Supply oil to customers or de-commission the tank and switch your customers to gas service! The purchase price includes all plumbing/heating inventory and supplies as well as the trucks and pump... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Souvenir Wholesale & Distribution Business For Sale
Souvenir Wholesale & Distribution Business For Sale
Asking Price: $950,000 Total Revenues: $1,300,000 Cash Flow : $247,443
Queens County, NY Listing No. Long established Wholesale Distribution Business selling Proprietary Merchandise to over 100 souvenir shops throughout NYC. Product line consists of glassware, T-shirts, seat shirts, etc. Company has been established for 33 years in the same location selling merchandise to a steady customer base. Long established Wholesale Distribution Business selling Proprietary Merchandise to over 100 souvenir shops throughout NYC. Product line consists of glassware, T-shirts, seat shirts, etc. Company has been established for 33 years in the same location selling merchandise to a steady customer base.... Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Hair Salon for sale in Suffolk County, NY
Asking Price $125,000 Total Revenues $224,166 Cash Flow $39,954 Suffolk County, NY Listing No. 5644 Very attractive Franchise Hair Salon in a high traffic area of Suffolk County. It has a loyal staff which generates steady business in a clean and modernized decor. This is an exceptional opportunity for a stylist seeking independence in a turnkey Franchise Hair Salon business that consists of an e-Machine System enabling the owner to process payroll electronically along with performance tracking capabilities. Presently operating with nine employees, seven hair stations, two wash stations, surveillance cameras, alarm system, drop safes, heavy advertising and a very low monthly rent of only $1,764. Asking price is ONLY $125,000 FOR THIS FRANCHISE HAIR SALON....it could not get any cheaper for this booming business of 1,000+ clients in this UPSCALE COMMUNITY.....HURRY...THIS WILL NOT LAST! Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Pizzeria for sale in NY
Asking Price $115,000 Total Revenues $280,000 Cash Flow $72,700 Suffolk County, NY Listing No. 5636 Want a growable pizza business??? This business has grown to $6000.00 per week with no advertising and very low prices. This business can go to $8000.00 per week easy. The reputation is great as is the location on a main road in nice area. Owner is looking to sell fast as he must go back to training in September.... Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Gas Station & Convenience Store For Sale with Property (4782)
Gas Station/ C-Store/ Donut shop w/Drive Thru. Price on property recently reduced by over $100k. Includes over 2 acres. Asking Price: $295,000 + $1.4million for property Total Revenues: $2,672,462 Cash Flow: $143,380 Bristol County, MA Listing No. 4782 Branded self serve Gas Station with C-store and drive thru donut shop. Doing close to 1 million gallons per year including a high % of Diesel. Property available through seller and must be purchased with the business. Asking price would be an additional $1.4 million for the 2+ acres. Average gas margin is 15-17 cents per gallon. Store sales averaged $26k+ per month in 2005. In addition, the lottery commission was $38.5k and there is are additional commissions earned for the donut shop that total over $20k. Overall sales increased 24% in 2005 from 2004 and there is still plenty of room to grow. The building is new and the tanks are all updated. Located on a busy numbered route with a traffic count of 21000 cars per day. Call NOW, this one won't last long. Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Highly Regarded Brooklyn Cafe For Sale (5494 & 5495)
Think Small Franchise (without the franchise fees) In a BIG BIG Neighborhood! Financials for Combined locations shown with listing#5494. Own Both Locations of this Neighborhood Favorite In Prime, Prime King's County Neighborhood! Kings County, NY Listing No. 5495 This is a unique opportunity for prospective buyers as both locations of this neighborhood cafe (Listing #s 5494 & 5495) are being offered for the listed selling price. These are well established, highly regarded neighborhood haunts located in two of the most desirable sections of Brooklyn. Buyers will find strong and growing sales based on a simple, but scrumptious, bill of fare featuring everything from coffee, specialty coffees and baked goods to soups, salads, sandwiches, beer, wine and free WiFi. New owner/operator will enjoy combined ... Highly Regarded Brooklyn Cafe Asking Price: $495,000 Total Revenues: $635,282 Cash Flow: $146,000 Kings County, NY Listing No. 5494 This is a unique opportunity for prospective buyers as both locations of this neighborhood cafe (Listing #s 5494 & 5495) are being offered for the listed selling price. These are well established, highly regarded neighborhood haunts located in two of the most desirable sections of Brooklyn. Buyers will find strong and growing sales based on a simple, but scrumptious, bill of fare featuring everything from coffee, specialty coffees and baked goods to soups, salads, sandwiches, beer, wine and free WiFi. New owner/operator will enjoy combined ... Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
3 New/Reduced Businesses For Sale in New York
NEW YORK CONVENIENCE STORE (5388) WESTCHESTER COUNTY NY Hallmark cards and gifts shop in business for over 27 years. SALE INCLUDES OVER $175,000 of INVENTORY. Fabulous location and awesome lease (14 years left). Recently remodeled in 2000, the store is over 4,300 square feet and carries every item Hallmark is known for (Precious Moments, Cards, Hummel figurines, Lenox, Cairn Studio, Vera Bradley, etc.) Opportunity to add lotto and increase sales even more!! Located in large retail complex with a variety of stores, store benefits from location near large anchor tenants. Seller offering excellent financing. This place has been run right since day 1 (late 1970's), and is sure to continue making $$ over the next 27 years. ASKING 295K (200K DOWN) GROSS 717K NET 98K DELI / BAKERY (4666) WESTCHESTER COUNTY NY REDUCED 50K Enormous deli and catering facility - 3600 square feet, with a vast restaurant kitchen and more than ample equipment/fixtures. Great location in a popular strip mall. A must see!!! 50% OWNER FINANCING. ASKING 175K (87K DOWN) GROSS 492K NET 83K DELI / CATERER (5577) DUTCHESS COUNTY NY Beautiful deli in mint condition with great pedestrian traffic in an up and coming area. Over 100k in equipment / fixtures and renovations included. seller may offer partial financing to qualified buyers. Air-conditioning, hot water, rubbish removal, heat included in the modest common charges(130/m) plus low rent(1087/m) completes this diamond in the rough. Cash flow supports more than the low asking price but owner is moving out of the area and needs to move fast. ASKING 95K (POSSIBLE OWNER FINANCE) GROSS 200K NET 75K Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
3 New/Reduced Businesses For Sale in Connecticut
CONNECTICUT
LIQUOR STORE (5466) FAIRFIELD COUNTY CT. REDUCED 20K Established Liquor Store priced to sell fast, with first option to buy property. This establishment has provided well for the owner over the past 21 years but now it is time to retire. Establishment sells liquor, beer, wine, cigarettes, magazine, soft drinks, lotto and more. This store has a great loyal following, on a well traveled road with ample parking. Included with the property are 2 residential units currently generating $2,350 of additional income, offered directly through the owner. The generous proprietor is offering 130K of financing on this lucrative business. Purchaser has the option to either buy the business for 285K or the business (without rent) 2 income producing residential units and the property for 965K. When you do the numbers, either way this is an outstanding opportunity. ASKING 285K, (185 DOWN) GROSS 650K, NET 109K DELI / CAFI (5608) FAIRFIELD COUNTY CT. Charming Deli/Bakery with over 50K in quality equipment and fixtures, priced to sell quickly. This tasteful turn key setup is ready to go should the new owner keep the same operation or easily convert it to a new type of food service business. The establishment is located in a quaint town on a main thoroughfare that averages over 25K vehicles daily. Great lease with four, 2 year options, minimal increases and includes outside maintenance. Currently open for breakfast and lunch, 6 days a week, offering inside, outside seating. With generous owner financing, this opportunity is worth a serious look. ASKING 65K (40K DOWN) GROSS 120K NET 50K ITALIAN RESTAURANT (5421) REDUCED 22K Lucrative Pizzeria generating great cash flow and priced to sell. Business is located in the heart of a quaint New England town, on the main boulevard with low rent. This family run establishment has great potential as the population of the area is booming. The owner has moved out of the area and says sell now. ASKING 75K GROSS 182K NET 103K Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
MA Businesses for sale
5239 - A New You - Beauty Salon, Merrimac, MA Revenue:$123,851 Cash Flow: $7,643 Price:$89,000 Very attractive beauty salon. Four hair care stations, manicure station, two tanning beds and a stand-up tanning booth. Central downtown location in an attractive residential community. A very loyal staff, steady business. Exceptional opportunity for a stylist seeking independence. 4891 - Brickhouse Western Grille - Bar, Nightclub, Restaurant, Gardner, MA Revenue:$890,000 Cash Flow: $150,000 Price:$341,000 Beautifully recently remodeled western-style restaurant, pub and potential night club in downtown area in Central Massachusetts community. Multiple dining rooms, with service bar, capable of seating 350 guests. Large pub/bar with dance floor. Full liquor license. Very reasonably priced menu of steaks, ribs and traditional American cuisine. Large function room with extensive and up to date sound system. Fully furnished "kids room". Real estate available through owner, appraised in 2003 at $750,000. Potential for combined package aroung $850,000. 5347 - Cask & Keg, Liquor Store, Waltham, MA Revenue:$398,535 Cash Flow: $60,725 Price:$249,000 Busy liquor store in major suburban community on major local throughfare in residential and commercial area. Lottery and cigarette sales, sandwich, subs and deli counter. Business caters events including weddings, graduations and makes regular beer, wine and other deliveries to commercial customers. Exciting opportunity with substantial growth potential. 5266 - Community Living for The Elderly, Residential Home Care Facility, Ossipee, NH Revenue:$371,717 Cash Flow: $179,837 Price:$454,000 Residential home care facility for the elderly in very attractive rural community. Extensive and up to date specialty facilities for the care of resident elderly. Full service medical and living care in this owner occupied service business. Ideal for couple interested in sharing a home with those in need. Fully licensed with nursing and other medical services on contract. Houses four private and six medicaid patients. Pool, extensive grounds, vehicles included. Real estate available through owner at $585,000. Business financing terms based on sale of real estate. Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Established, Well Known Deli For Sale
OWNER IS MOVING OUT OF STATE AND IS EAGER TO SELL. Established Delicatessen Asking Price $160,000 Total Revenues $467,907 Cash Flow $84,830.99 Suffolk County, NY Listing No.5258 This business, which has existed as a Deli for over 30 years, is located on a busy road in a great South Shore community. In addition to many catering accounts, the business does a high volume of wrap and sandwich sales. The business also sells cigarettes, beer, and provides ATM service. There is a full basement to store overstock. This is a great business priced to sell. Owner is moving out of state and is EAGER to sell. Sincerely, Daniel Beldowicz Vested Business Brokers, Ltd. Ph: 973-210-0968 Fx: 973-210-0972 dbeldowicz www.vestedbb.com
Variety Grocery Store - 5115
OWNER IS LOOKING TO CLOSE HIS DOORS SUMMER '06! Variety Grocery StoreAsking Price $85,000Total Revenues $284,887.2Cash Flow $52,231.65Nassau County, NYListing No. 5115LOCATION....LOCATION....LOCATION! This is a meat and well stocked variety grocery store. It is on a main road off a main highway in Nassau County and strategically located in a busy strip mall with a wide variety of businesses. This is a perfect opportunity for a new owner to takeover and continue to add more products within this diverse neighborhood in the heart of Nassau....
Beautiful Sporting Goods Store & Screen Printer
Nassau County, NY Asking: $259,000 (USD) Financing: $129,000 down and 3 yrs @ 9% Total Revenues: $335,768 (USD) Cash Flow: $104,657 (USD) The ground floor is a beautiful Sporting Goods store that matches the taste of this very affluent North Shore community. The full size basement houses the Screen Printing/Embroidery shop which provides about half the revenues. The business has grown steadily, with school and local teams being steady repeat customers. Additionally, there are sales to business such as; hospitals, restaurants, camps, and hand outs at parties. There is a very large upside by even more actively promoting Screen Printing/Embroidery, given that the equipment is being used about 30% of capacity. This is a great family business, which has allowed the current owners to close the shop and take a one week vacation both in the Summer and Winter. Please note that inventory will be part of the sale, but it is not included as part of the Asking Price. Register As Buyer to get the details...(download Confidentiality pdf)
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7 Reasons to Buy a Good Business
1) Established Customer Base Do you know how much it costs to build a customer? On average a customer will have to be contacted 7 times before they will buy from you. Does this sound like something that will be easy to do. No, its not, any of you that have tried building Customer Base have found just how difficult it can be. Now when you Buy a Good Business, the building of the customer base is already done. All you need to do is set up the systems that will keep these people happy and use the systems in place to continue to build your customers. Doing this will build referrals which will have your customers getting you more customers.
2) Experienced Employees They already know the ropes, the systems and players involved. This takes away a training period, leaving more time for maintaining client relationships. Interviewing the employees in the buying process will allow you, the buyer, to see exactly what you are getting into, who the key employees are and how everyone fits together.
3) Position in the Market Suppliers, Clients, Competitors, they all know the name of your business already, survey all these prior to purchasing the business and you strengthen your ability to take the business from Good to Great!
4) Operating Systems Systems are what maintain a successful business, managers and employees just run the systems. Steven Covey wrote of this in his book, “7 Habits of Highly Successful People.” In his book, Covey reveals how McDonald’s is able to reproduce the same flavor, service and atmosphere in every restaurant around the world. No matter what McDonald’s you walk into each burger will taste the same and the fries the same consistency, systems design to be run by the lowest level worker, at no point is the running of the business dependant on an individual person, possibly a position, but not a particular person. The systems run the business, setting up systems is crucial to the success any business. When buying a business, these systems may already be in place. If these systems are not in place and you can recognize where and what systems to set up you can take the business from Good to Great!
5) Financing a Business Purchase OPM (Other Peoples Money) – One of the most powerful ways to use leverage. Most owners are willing to finance some or most of the purchase, they will benefit from the monthly income without having to work the business. This will allow you to keep some money in your pocket and may help you avoid going to a bank for financing.
6) Owner Training Most Business owners will offer a transition of ownership, showing you the ropes. Can you believe it, they will train you how to run the business. They will show you the ropes, and then, they might be willing to stay on as a consultant afterwards if you have any questions. Now you have a coach who ran the same exact business to help you out.
7) Look at the Books If you are a serious buyer and are have enough confidence in the business you are investigating, after submitting a Letter of Intent you will be able to inspect their books. The most important part of deciding on the purchase will be when you are able to look at the past performance of the business. Be sure to have your accountant look at all financial records and look for any inconsistencies, this will tell the history of the business, and provide you the most insight whether to buy or not.
The seller is looking to sell on the future value of the business, while you, the buyer, are looking for every excuse to cut the price, based on the past performance. Remember to pay for the past and buy for the future.
As an outsider you have the advantage seeing everything that you would want to change.
Good luck in your businesses buying ventures.
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