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Have you considered being your own boss, creating your own financial independence and making
your own dreams a reality? You're not alone. Owning your own business is the "American dream."
The reality is, however, that buying a business is a serious financial and personal commitment that
requires an understanding of what makes a business successful. All too often, new owners jump
blindly into a business venture, only to be overwhelmed by the tremendous workload of starting a business
from the ground up. A government survey shows that 60% of new businesses fail within the first
three years. An existing, established business that is purchased by a new owner shows a lower
failure rate.
If you have considered owning your own business, buying an existing business has many advantages
over building a business from scratch:
You can review actual operating results, rather than projected results.
You get immediate cash flow from the ongoing business activities.
You will have trained employees in place.
You will have established suppliers.
You will have established customers and referral business.
You will have existing licenses and permits.
The seller will train you in operating the business.
In most cases, the seller will provide the financing you need to buy the business.
SUNBELT brokers know the reasons a good business succeeds.
SUNBELT has over twenty years of experience matching the right
business opportunity with the right buyer. It's that simple.
From understanding the reasons an on-going business can provide positive cash flow, to the
value of an established name, location and customer base and to the inner workings of new owner
financing - SUNBELT can make your dreams reality. With the right
negotiations, a business can actually pay for itself. Let SUNBELT show you how.
Confidentiality
Unlike the sale of real estate or franchises, the sale of an on-going business is very
confidential for both the seller and the prospective buyer. All inquiries are held in strict
confidence. Meetings and information shared or observed are to be held in strict confidence.
To ensure confidentiality for all parties, SUNBELT brokers require a confidentiality agreement
to be signed.
In return for granting you, the prospective buyer, access to the operations of the
seller's business and otherwise private information, the prospective buyer promises to use the
information for the sole purpose of evaluating the benefits and risks of purchasing the seller's
business in strict confidence.
Financing
Brokers can skillfully negotiate financing and formulate a financial plan that works for you.
Due to banks' reluctance to finance small businesses, over 90% of business purchases are
financed by the current owners. This demonstrates their confidence in the continued success of
their business. Financing a business purchase through an owner rather than a bank brings a
lower interest rate, lower payment plan, simple credit checks, using the business as collateral
for the loan and greater owner commitment to your success. SUNBELT brokers know how to make
financing terms work in your favor, quickly and easily.
Through SUNBELT's collaboration with CIT Finance, your SUNBELT broker can take steps to
pre-qualify prospective buyers for financing as soon as an inquiry is initiated.