Buying a business is can be a time consuming
and confusing process. At GBE we strive to work with buyers to define
their criteria for purchasing a business. We need to understand
what it is that you, the buyer are looking for in a business opportunity.
We will the show you businesses from sellers that want to sell.
We handle the initial phone calls, separating the motivated sellers
from those that are just curious as to what their business is worth.
We will work with you from the initial negotiations, and follow
through the paperwork from offer to closing. This is much of the
legwork needed to put together a successful deal.
At GBE we take a multi-pronged approach to isolating the right opportunity for you to acquire.
Interview
One of our brokers will conduct an interview with you to learn all we can about your investment criteria; your business history, significant achievements, and major goals of acquiring a business. We will then use these key points to make you stand out from your competition amongst other buyers.
Financial
We do request a Personal Financial Statement in an effort to qualify what types of businesses would make the most economic sense for you to pursue.
Pricing
At GBE we believe that the best way to achieve a fair price at which
to market a business comes from a non-biased qualified third party.
(See the related section on this) Hence many of our sellers have
invested in a third party appraisal. These third party appraisals
are commonly available to help you understand how GBE arrived at
the selling price to market our listings.
Negotiations
We will work with you to structure an offer to purchase. Once an offer has been received with the appropriate down payment, this offer will be personally presented to the seller for their review. During this process we will convey your thoughts and reasoning about your offer to the seller. You will then receive the appropriate feedback from the seller's response to your offer. The ultimate goal is to achieve acceptance on price and terms that make all parties content.
Closing
Once negotiations have led to a successful purchase agreement, we will take the proper steps to ensure an orderly process to closing the deal. Getting the transaction closed is the primary goal after an offer is accepted. Keeping on top of the transaction, and being forward thinking is what a seasoned broker can do get the closing done!
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