BASIC STEPS & WHAT YOU WILL NEED

BUYER​

BASIC STEPS:​

  1. Identify A Business / Industry / Location / Price Range
  2. Contact Broker To Receive General Information
  3. Sign A Non-Disclosure Agreement (NDA) Electronically
  4. Receive A Confidential Business Profile
  5. Get Additional Questions Answered By Broker
  6. Broker Will Arrange A Phone Call And/Or Visit With Seller
  7. Broker Helps Buyer With Drafting An Offer
  8. Once Accepted, Broker Opens Escrow, And Earnest Money Deposit Is Due To Escrow
  9. During Escrow, Buyer Completes Due Diligence And Signs Off On Any Contingencies

WHAT YOU WILL NEED:​​

  1. Proof Of Funds​
  2. Good Credit To Qualify For Loan Or Lease If Applicable
  3. Identify Who Will Run The Business And If They Have Industry Experience
Sharp Business Brokers

SELLER​

BASIC STEPS:​

  1. Business Valuation
  2. Agree On Asking Price With Broker
  3. Broker Advertises Confidentially – No Business Name Or Address
  4. Seller DOES NOT Tell Employees, Customers, Or Vendors
  5. Prospective Buyer Signs A Non-Disclosure Agreement (NDA)
  6. Confidential Business Profile Is Provided To Prospective Buyer(s) After NDA
  7. Visit(s) Can Be Arranged While Maintaining Confidentiality
  8. Broker Schedules Buyer / Seller Meeting With Serious Buyer(s)
  9. Let Broker Handle Any Price Negotiations With Buyer(s)
  10. Buyer Provides A Letter Of Intent (LOI) Or An Asset Purchase Agreement (APA)
  11. Seller Accepts Offer
  12. Broker Opens Escrow And Buyer Sends Earnest Money To Escrow
  13. After Buyer Signs Off On Due Diligence And Contingencies, Escrow Can Close

WHAT YOU WILL NEED:​​

  1. Business Financials – Preferably Three (3) Years Of Tax Returns, P&Ls, Balance Sheet
  2. Current Value Of Fixtures And Equipment (Approximate)
  3. Approximate Inventory Value (Wholesale Costs)
Our Office
7317 El Cajon Blvd
La Mesa, CA 91942
Office Hours
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Visit Us Online

Certified Business Broker​ (California)
Certified Business Intermediary (International)

DRE LIC# 02221795

Sharp Business Brokers
Sharp Business Brokers
Sharp Business Brokers
Sharp Business Brokers
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Sharp Business Brokers | 7317 El Cajon Blvd. La Mesa, CA 91942 | Direct: (619) 454-1786 | Email: steve@sharpbizbrokers.com ​