Buying a business is a complicated process even for the experienced buyer.
Throughout the process you will likely face surprises, issues, and unforeseen
challenges and you should be prepared to handle each issue as it arises. Insufficient
seller investigation, inadequate due diligence, misjudgments in negotiating
tactics, and poor financial or business skills are just a few of the very costly
mistakes made by buyers who go it alone.
When buying a business, The AT Business Group can:
Present you with a wide variety
of pre-screened quality businesses.
Conduct searches for companies
that meet your specific acquisition criteria.
Match buyers' interests,
desires, goals, and financial profile with the right business.
Qualify and present you to
potential sellers as a real buyer.
Approach targeted business
owners with an appropriate offer.
Assist you in the due diligence
process.
Support you throughout negotiations
and through the closing process.
Identify and provide financing
options. We can provide guidance and direct assistance in obtaining the
financing you need for your acquisition.
Structure the transaction
using our expertise and know-how for a smooth transition.
Support you during the transition
from the start through closing.
Coordinate the documentation.
The advantages of buying an existing business are:
Ability to review actual
financials and existing growth rather than the pro-forma of a startup company.
Seller training and transition
Immediate cash flow and
therefore reduced working capital requirements
Established suppliers and
credit
Existing licenses and permits
Includes the purchase of
new or used equipment
More sources of capital
are readily available to purchase an existing business than with startups.
Availability of owner financing
in most cases
Trained employees in place
Established customer base
Confidentiality
Unlike the sale of real estate or franchises, the sale of an on-going business
is very confidential for both the seller and the prospective buyer. We require
all prospective buyers to be interviewed, complete a buyer profile & qualification
form, and sign non-disclosure & confidentiality agreements before we release
any detailed information on the seller's business.
