Explore best practices for business buyers looking to meet with prospective sellers. From dressing professionally to asking the right questions, this guide covers essential steps to ensure a smooth and effective business acquisition process. Dive into key concerns for both buyers and sellers, along with top questions to streamline your buyer - seller meeting.
Read MoreThe purpose of reps and warranties is to provide the buyer with assurance that the target company is in good condition and that the buyer is not acquiring any undisclosed liabilities or issues that may negatively impact the company's value. If any of the representations and warranties turn out to be false, the buyer may be entitled to seek damages from the seller.
Read MoreHow much do SBA loans cost when utilized to purchase a business under $5,000,000? Here is a real-world example of a deal closed by Jim Peddle at Playbook Advisory in 2019.
Purchase Price $1.8mm
20% Down Payment
In the past 9 years of brokering businesses for sale, I’ve found that almost 100% of the buyers closing on one our listings for sale have completed the purchase of at least one real estate property. It’s not surprising as the average age of buyers is between 45-55 years old, by that age, many people are already on their 2nd or 3rd primary residence.
Bank Loan
Down-Payment
Seller Notes
Interested in buying a business? Here are some tips and recommended 3rd Party websites you can visit.
Read MoreInsider information for Buyers in need of SBA Financing for the acquisition of a business for sale. Contact Jim Peddle at 312-525-9622 for more details.
Read MorePlaybook Advisory is pleased to announces a new client who is seeking to acquire a competing freight brokerage company to continue their impressive growth...
Read MoreWhy confidentiality is important to both Buyers & Sellers. Here are ways the business broker will work to keep the sales process from going public.
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