Buy a Business
If you're looking to buy an existing business contact us to discuss your goals and the type of business you are interested in acquiring.
Many entrepreneurs prefer to purchase an existing business rather than endure the risks, efforts, and time required to successfully launch a new business from the ground up.
Buying a competing company whose products or services enhance those of your current company can be a great way to rapidly expand and grow.
Regardless of your motives, our business advisors will help you locate and acquire the type of business you’re looking for, and help you negotiate the best price.
Contact us to get started!
BUY-SIDE ADVISORY SERVICES
If you're looking to buy an existing business contact us to discuss your goals and the type of business you are interested in acquiring.
Many entrepreneurs prefer to purchase an existing business rather than endure the risks, efforts, and time required to successfully launch a new business from the ground up.
Buying a competing company whose products or services enhance those of your current company can be a great way to rapidly expand and grow.
Regardless of your motives, MABAS Business Advisors will help you locate and acquire the type of business you’re looking for and help you negotiate the best price.
Our 7-Step Buying Process
EVALUATE
We'll start by evaluating your financial history, skills and experiences, and personal goals. We'll use this to determine the right types of businesses that suit your objectives and capabilities.
EDUCATE
It's important to fully comprehend what it takes to purchase a business. We'll explain the process and the current market. You will learn fundamental valuation concepts, and review our available listings.
SEARCH
We will manage the search for your acquisition, assist in understanding confidentiality disclosures, provide detailed information about the business, and arrange seller showings until you identify a business to purchase.
OFFER
After negotiations, we will guide you in presenting your offer. We will help you prepare a letter of intent (LOI) to submit an offer to the business you are seeking to acquire. Once your offer is accepted a purchase agreement and good faith deposit will be presented to the seller.
DUE DILIGENCE
During this phase you will inspect the owner’s representations to confirm their accuracy. We will coordinate with your legal and accounting professionals in an effort to satisfy any contingencies. If there is financing involved, your application must be approved by the lender before proceeding to the next step We will help you navigate this process as needed.
CLOSING
Final preparations for lease assignments, merchant service accounts, utility transfers, inventory counts, financing, and any other transition preparations will be made to complete the transaction. The acquisition will typically be administered by an attorney accompanied by the payment of the balance of the negotiated purchase price.
AFTER THE CLOSING
Meetings with staff and clients, technical instruction, computer updates, and other crucial knowledge transfer are examples of transitional support the seller may offer. For any inquiries or post-closing needs you might have, we will be here to help. When the time comes, we will be there to assist you in selling your company. To help you enhance the attractiveness of your newly acquired business, we will provide guidelines for increasing enterprise value.
Our Business Acquisition Assistance Program
Our business acquisition process includes:
- Setting clear acquisition goals
- Assessing the potential financial and economic benefits of each option
- Providing advice and support along the way
- Assisting with due diligence to thoroughly evaluate top companies
- Determining the value and negotiating the terms with the company being acquired
- Planning the transaction structure
- Finding the best financing options
- Preparing for closing and handling tasks after closing
- Assisting with integrating the new business
