What Happens Once I Find A Business I Want To Buy?

When you become interested in buying a specific business, we will help in the preparation of an offer or proposal.  This offer or proposal may have one or more contingencies. Usually, they concern financing and a detailed review of the seller’s financial records. They may also include a review of the seller’s lease arrangements, franchise agreement (if there is one), and other pertinent details of the business.  Your proposal will be presented to the seller for their consideration.  They may accept the terms of the offer or they may make a counter-proposal.  You should understand, however, that if the seller does not accept your proposal, you may withdraw it at any time.  We will submit all written offers to sellers for consideration.  Verbal offers will not be presented.

When you and the seller are in agreement, we will work with both of you to satisfy and remove the contingencies in the offer.  If you require financing, we can assist you with applications for traditional financing as well as helping to negotiate terms and conditions of seller financing when available.  It is important you are prepared to work quickly and efficiently in this process.  Infinity Business Brokers highly recommends you bring in outside advisers to help you review the information. When all the conditions have been met, final papers will be drawn and signed.  Once the closing has been completed, you will take possession of the business.

As your business broker professional, we will work with you throughout the entire search and sales process.

Do you have more questions about the steps after an initial offer is accepted? Would you like to know how an offer is put together? Ask us! Please leave questions or comments and we would be happy to help.

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com