Looking To Buy A Business?
The decision to pursue business ownership is a huge step. Eranco
Business Brokers can make your search an easier, more organized process, while
giving you access to a wide variety of opportunities to explore.
The Process Of Buying A Business
Buyer Registration
Our agreement with the Owners of the opportunities available require
that each prospective buyer provide a signed non-disclosure agreement prior to
any information being released, including the fact that the business is for
sale. The confidential questionnaire will assist us in providing you with
appropriate candidates for your review. These forms are available on line or by
contacting our office.
Information Available
A generic list of opportunities is available on line. Once
registered, you may request a one page summary of specific businesses. After
narrowing your search, a comprehensive package will be provided which will
include detailed information about the business, the industry in general, the
assets included, financial information, facilities and the area, and other
information determined to be essential for your review.
Offer Process
If interested in a specific opportunity, we will assist in guiding
you through the offer process. Your offer will include specific questions that
you will need to have answered before finalizing the transaction. This is the
due diligence process.
Financing Assistance
We can direct you to a variety of conventional and non-conventional
lenders. It is important to our clients to keep updating our lender
relationships and be aware of their policies. Our guidance through the
financing process will save you time and expense. Our experience can also
provide suggestions for creative alternatives when appropriate.
Structuring and Closing
Creating a team effort with the attorneys, accountants, bankers and
other advisors can provide options for structuring a transaction that is most
beneficial for all parties. Coordinating all the parties will result in a
smooth transaction.
Advisor Selection
We suggest you seek the advice and counsel of qualified
professionals, lender, attorney and accountant. Eranco has established an
excellent business relationship with a number of professional firms locally and
throughout the country. If you would like our assistance, we would be happy to
introduce you to several of these firms and/or to attend an initial meeting to
help you select an appropriate advisor.
Buyer Representation
In most transactions, Eranco represents the Seller of a company.
However, we can offer representation to a buyer. With your criteria in mind, we
can target our search for companies that match, make inquiries on your behalf
and maintain a high level of confidentiality.