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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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