Buying a Business

Buying a business

Finding and buying a business can be a very difficult job, whether you are a first time buyer or an experienced entrepreneur. A trained, professional Business Broker can guide you through the process and help you reach your goals. Let us do the work for you!

At Sunbelt, we are advocates of finding a business that meets your needs and desires while being appropriate for your current situation. You, like every other prospective buyer, have a vision of being your own boss and calling your own shots. A business must fit your vision to be successful.

All too often, new owners jump blindly into a business venture, overwhelmed by the tremendous workload of starting a business from scratch. In fact, a government survey shows that 60% of new business start-ups fail within the first three years. On the other hand, an established business that is purchased by a new owner shows a minimal failure rate.

Here are just a few of the advantages an existing business has over a start-up:

You can review actual operating results, rather than projected results
You get immediate cash flow from the ongoing business activities
You will have trained employees in place (that can train you!)
You will have established suppliers
You will have established customers and referral business
You will have existing licenses and permits
The seller will train you in operating the business
In many cases, the seller will provide the financing you need to buy the business

Additional Things to Consider:

Provable books and records
Reasonable price
Leverage and terms
Living wage
Debt retirement
F F & E
Lease
Training
Appearance
Covenant not to compete
Reason for selling
No last minute surprises


Click Here to see Ten Steps to Buying a Business

Click Here to learn more about becoming a preferred buyer

Click Here to see some Letters of Recommendation

Click Here to see our Glossary of Common Business Terms

We are the World's Largest Business Brokerage Network

Link to the Sunbelt Network: www.sunbeltnetwork.com


Link to our Chicago Office: www.ChicagoSunbelt.com

Link to our M&A Site: www.SunbeltMergers.com





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Sunbelt Business Brokers

M&A Source

And also...

Kansas City Chamber of Commerce





7101 College Blvd, Suite 1650, Overland Park, KS 66212
Phone: (913)383-2671
Fax: (913)383-8314

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