Knowing everything about the business you're going to buy.

Are you ready to buy a business? If so, a Sunbelt broker is ready to assist you. With almost 30 years experience assisting clients with buying businesses we have determined the best methodology to follow. This results in a smooth process each and every time, as many past clients are happy to attest. Sunbelt will use the following format to help you determine whether or not you want to buy a particular business.

Stage 1: The First Step

Now that you have decided you want to become a business owner you need to take the first step to making it a reality by contacting Sunbelt. We will help you find that perfect business that will allow you to take control of your life and make as much money as possible. We are ready to start looking for the business that is right for you.

Stage 2: Assessment

Your Sunbelt representative will meet with you one on one to discuss your needs and desires. If your Sunbelt broker is too far away, however, then communication via telephone, email, chat, or webcam is just as effective. The assessment process involves gathering all the details possible regarding your financial status, experience, business knowledge, skills, and any other goals you may have for yourself. Assessing you in this way allows Sunbelt brokers to narrow down the type of business that would be best for you. Sunbelt is connected to thousands of businesses for sale via its own website, so this considerably simplifies the process of finding the best business for you.

If you are searching for a business to help you with a visa application, your Sunbelt broker can help you select businesses that have the necessary qualifying Tax Returns that will help you in your visa process.

Stage 3: Learning

If you have never purchased a business before you may not understand all the details that go into such an undertaking – why would you? And that is the biggest reason that you contacted Sunbelt. We will work with you to help you understand all the details and help you make the best decision regarding a business purchase. Your Sunbelt broker will explain the current market, discuss the process of buying a business, and answer all your personal questions. Your broker will show you how to get involved and search the Web for business opportunities that interest you and how to review the opportunities we provide you.

Stage 4: Searching

Now that you have made the decision to buy a business we will help you find the right one. Once the search is on we will assist you every step of the way. This includes helping you sign any required confidentiality disclosures, providing you with detailed information on certain businesses, and even meeting with the seller for a “showing”. Until you decide which business you want to buy, we will provide you with new opportunities, revisit past options, and support you every step. Within a few months you should have found the business you want to buy.

Stage 5: Making an Offer

When you find the business you want to buy you will need to make an offer. Fortunately, Sunbelt brokers are pros at making offers and understand alternative deal structures in detail. As a result, your Sunbelt broker will help you draft your own contingent offer for the business you are interested in. Since you are serious, you will present the seller with a purchase and sale agreement and a deposit in escrow. This shows sellers you are really interested in buying their business. The seller may accept your offer, decline it, or negotiate. At this point Sunbelt will guide you and help you work out the kinks in order to purchase the business. In most cases you will have an executed contingent purchase agreement for the business you are interested in.

Stage 6: Reviewing

At this stage you will need to review the business and ensure what the seller represented as true prior to the sale is indeed fact. Your Sunbelt broker will work with you through this process and help ensure that any contingencies are satisfied.

Stage 7: Closing the Deal

Closing the deal is the best part and your Sunbelt broker will assist you through to the end. Any final preparations that are necessary will be completed. This includes financing, lease assignments, utility transfers, inventory counts, merchant service accounts, and other details that must be handled before the transfer. An attorney will represent you in most cases for the final deal closing, as different documents will need to be signed. At this point, the balance is paid, and the deal is closed. You are a new business owner!

Stage 8: After Closing

After closing most new business owners are quite overwhelmed and have questions. Your Sunbelt broker will be standing by to help you and answer any questions you may have.
Buying a business with Sunbelt is a great decision simply because you will have an expert at your side the entire time guiding you. This means you will find the right business, make an appropriate offer, and have all your questions answered all the way through. If you want to buy a business, Sunbelt wants to help!

 

 

"My deal required a Broker who had a lot of experience because of the complexity of my business and the property that I intended to sell. Sunbelt provided just such a person. My Broker took the sting out of all the issues associated with the selling process and got me a great price as well! I would strongly recommend Sunbelt to help anyone in selling their business."

Frank M., Hardware Store Owner

"Sunbelt were referred to me by my corporate office. Although initially skeptical, once I met the Sunbelt Broker I became a believer. Sunbelt were exceedingly thorough. We agreed upon a price and they then prepared a great "Offering Memorandum". Then the interviews began.

I finally accepted an offer, higher than I initially thought I would get, and closed within 3 months. Sunbelt were a great help at getting me closer to my retirement mode!"

Arthur W., Former Owner, Staffing Agency