Buying A Transmission Franchise
Q: I'm looking at buying an established Aamco transmision franchise. How do I figure out what to pay for it and if it's better to start it up as a new center from scratch? Most owners that own existing centers…
Seller’s Agent Will Not Release Financials
Question: I've recently looked at a business here in Dallas that I like but I don't have the financials yet. The seller's agent won't release any more details to me until I sign a letter of intent or offer. Is…
Valuing A Service Business
Q: How do I go about determining the value/selling price of a service business? I am a CPA who is interested in selling my practice and purchasing a practice in another state but I am confused about how to determine…
“Quick Way” To Get A Valuation?
Q: What is a quick way to get a general sales value for a residential maintenance landscape company? Is gross sales, number of clients, margin the most important component? A: There is no "quick way" to value any business. Nor…
Buying A Wholesale/Distribution Business
Q: What are some of the pros and cons of buying a wholesale distribution company (an example would be a wholesaler of beer and/or packaged food items to supermarkets)? A: Wholesale/distribution businesses can be excellent long-term ventures. In addressing your…
Alternative Funding Sources
Q: I want to buy a business and I wanted to know if you know any sources for funding? Like grants, lending, investors. I don't have collateral and my credit score is not established enough for a loan. A: Unfortunately,…
Can A Business Broker Represent Buyer And Seller?
Q: The business broker I've been using is also representing the seller. Is this a normal situation and am I responsible for all or part of her commission? A: This situation does happen quite often but you may need to…
Researching The Viability Of A Franchise
Q: I recently received a UFOC that a bold print warning on the front page from the state of Illinois, referring to the large numbers of transfers, terminations and closings. They seem to keep about the same number of franchises…
Buying A Business In The USA – Immigration Issues – Issues That May Come Up If You Plan To Move The U.S. To Buy A Business
Q: I am interested in buying a business though I'm living overseas. I am planning on moving to the USA and I was wondering whether it is possible buying a business from overseas. Would I be able to get a…
Buying A Business In A Mall
Q: There's a small florist shop that I am looking to buy. It's located in a mall, been around for ten years and seems to be doing well. They get a lot of passer by traffic (it's a busy center…