Liquidation Sale - September 19, 2009

 

Q&A’s

Buyer Information

Q)  What types of businesses are for sale?

A)   All types – the common denominator is a motivated, realistic seller who must sell quickly.  Some businesses are losing money, some owners have health or relocation issues, some are short sales, a few are closed.

Although these are distresses situations under current conditions they may present, for a knowledgeable and aggressive buyer, an opportunity to get into business quickly (usually within a few weeks) at a fraction of the usual start-up costs.

Q) How do I avoid the seller’s liabilities?

A) You will have all the same protection offered as in the usual process – bulk sale, lien searches, tax clearances performed by a business escrow service.

Q)  When do I make an offer if I see an opportunity I like?

A)   You will make an offer at the event, subject to a 2 day examination of the business.  If after the examination you decide that the business is not suitable you may withdraw your offer.

Q) How do I find out more?

Liquidation doc 4

 
A) If you are already working with a Business Team agent then contact him/her for additional information.  If you do not have an agent, then please contact the Business team office that is nearest you and one of our agents will be glad to help.