You’ve taken the first step in your entrepreneurial journey to controlling your financial future. Now what? Whether you’re seeking a franchise or an independent enterprise to operate in the Metro Atlanta area, we’re here to help.
Transworld Business Advisors has an immense network to leverage allowing you to get the best businesses the market has to offer.
50% of agreed deals never close due to the deal not being able to get through the due diligence stage. A seasoned brokerage firm can help increase a prospective business owner’s odds of buying a business. The firm will be able to help navigate the intense due diligence process.
Let Transworld Business Advisors ensure your dream purchase goes through.
Our buying process consists of 8 polished and proven steps to entrepreneurship.
We’re here to walk you through them all.
Buying or selling a business can be a complicated venture. While some businesses are sold without the help of accountants and attorneys, we strongly recommend that both the buyer and seller engage professionals.
Transworld is generally paid by the seller not the buyer. However, other costs do come into play. Legal and accounting fees are generally required and additional startup costs may also come into play.
As part of the acquisition process, you will have to go through “due diligence.” During this period the seller is required to present documents to verify his profit numbers.
No, while 100% of the purchase price is sometimes required, sellers will frequently provide owner financing to some extent. Additionally, a bank may be able to loan up to 80% of the purchase price through a loan sponsored by the Small Business Administration.
Businesses vary in price a great deal, however, it would be unlikely that one could buy a business with much less of a down payment than $50,000.