Tell me about your buyers
BizBuy123 has access to over two thousand buyers, worldwide. In addition to those buyers, we have access to all the major business listing services and local Real Estate MLSs (through local Realtors). This allows us to cast the widest possible net for buyers of your business.
If you’ve been contacted by us to sell your business, it means that our qualified buyers seem to match you, and we think we can sell your company quickly. While there can never be a guarantee of a sale, your odds of selling your business to our buyers is substantial.
Our Seller’s Process is as follows:
- Step 1: Many “premium” buyers work directly with us, and in the case where you meet the characteristics of those specific buyers you will be matched up within a week or two. These buyers are pre-screened by us directly, so you know they are ready to buy.
- Step 2: Our extended network of co-broker agreements allows us access to those premium buyers who work with other brokers.
- Step 3: In the event that our buyers don’t show immediate interest, your business is listed on the major listing services for business and land. We will at regular intervals make slight changes to these listings to make sure they “float to the top” of searches.
- Step 3a: Your situation may require or benefit from a partnership with a local real-estate agent so you can be listed on your local MLS. . Your total commission and our obligation to you will not change
I’m selling my business. What paperwork do I need?
Usually, your three most recent years’ tax returns, YTD receipts, an Asset List (often on a depreciation schedule on the tax return), any business, equipment, and land appraisals, and a completed Business Information Sheet will get you started.
I’m Buying a Business. What paperwork do I need?
You don’t need paperwork -- you need money. Prove you have it with tax returns, letters of credit, bank statements, or anything else that shows you have the ability to complete the sale.
Can you help me obtain the funds if I don’t have it?
Yes. We have several lenders with whom we work . Call for details.
When do I need an Appraisal for my business?
You need one to verify to the buyer and his funding institution what your business is worth. This is usually a good idea, especially if your business grosses over 1M, or if there are a lot of discretionary expenses on your tax returns. Read more Here
What if I want to sell the land with the business?
No problem. We work with Licensed Realtors as necessary. Your sale may include a separate agreement for the land in accordance with the laws of your state, but this is common practice and actually aids in the sale of your business (land is great loan collateral).