We charge an engagement fee to commence the process. The fee establishes the seriousness of your request and authorises us to proceed. This fee establishes your information file and authorises us to address your brief. The fee covers all correspondence and meetings up to the ‘Heads of Agreement’ between yourself and the purchased business. The average time is 4 - 6 months. All negotiations are handled through Business Buying Services’ office. We create a space between yourself and the business you wish to purchase. This space gives us more room to manoeuvre and can achieve an opportunity for a lower price.
What are your professional fees for the service?
Business Buying Services then charges a success fee based on the total purchase price of business that is purchased.
Why do I pay an engagement fee?
What do I receive for the engagement fee?
Any exceptional costs are approved by you before commitments are made.
How long does it take to find a suitable business for purchase?
This can vary according to the complexity and specific requirements of your brief. Further, the purchaser’s flexibility may vary. You should allow up to 6 months to complete the whole transaction.
When the business purchase is identified, who handles the negotiations?
Why should I use the service?