Buying a business is a big step and requires buyers to explore the marketplace and go on an exercise of discovery and ask many questions of them selves and of a potential business that they wish to purchase.

When you find a business through us, we will be able to answer many of your questions immediately or will research them for you.

We offer our vendor’s discretion when discussing their business and some of the information requested may be of  a confidential nature. You will be requested to complete a confidentiality agreement before we can supply this material.

Once you get your initial questions answered, an inspection  of the business can be arranged and your concerns addressed. The next step is to prepare an offer based on the price and terms you feel are appropriate. The main purpose of the offer is to see if the seller is willing to accept the price and terms you offered.

This offer will generally be subject to your approval of the actual books and records supporting the figures that have been supplied to you. The offer is then presented to the   seller who can approve it, reject it, or counter it with their   own offer.

If you and the owner agree on the price and terms, the next step is for you to do your  ‘due diligence’. The burden is on you, the buyer and no one else. You may choose to bring in other outside advisors or to do it on your own.

The choice is yours. Once you have checked and approved those areas of concern, the closing documents can be prepared, and your purchase of the business can be successfully closed.

Please feel free to contact us and discuss your goals and objectives in pursuing a business. 

info@profilebusinessbrokers.com.au