A big advantage in buying an ongoing business is that you, as the new owner, have an immediate cash flow "source" and an established customer base. You do not have to build a business. You simply take over an existing successful business with the present owner's assistance.

As a prospective business buyer, you will be concerned as to why the business owner is selling the business. Business owners sell for a variety of reasons. Besides the obvious reasons of retirement, bad health or relocation, many sellers simply are tired of doing the same thing and want to move on. If it is a good business for you, the reason for the sale does not matter.

Finally, be aware that most businesses sell for much less than their listed price. So, if it is a business you like, do not be afraid to make what you consider to be a reasonable offer.

Confidentiality

The sale of an ongoing business is very confidential for both the seller and the prospective buyer. All enquiries are held in strict confidence. Our process makes the transition from being the buyer to owning the business smooth and uncomplicated.

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