At VR Business Sales we receive approximately 80 inquiries from Buyers on a weekly basis looking to buy a business. What are these buyers looking for? What are some of their questions and what do they want to see in a business they are looking to invest in.
Here are some of the questions we get on a weekly basis from qualified buyers:
- What is the required capital investment I need to purchase this business?
- What is the annual net increase in sales in this business?
- How much of inventory I am buying and what is the inventory?
- How much money can I borrow from the bank for this business based on its current cash flow?
- What is the possibility of the owner staying on for a minimum of 3 – 6 months to assist with the transition of the business?
- What makes this business different, special and/or unique?
- What further defines the product or service in this business? Does it consist of bid work? Repeat Business? Written contracts?, etc.
- How can I grow this business further?
- What can a Buyer do to increase the value of this business?
- What is the profit picture of this business in good times and bad times?
So if you are thinking of selling your business now or in the future, please take a few minutes and see if you can answer some of the questions above.
BUSINESS BROKER ALBERTA 