Frequently Asked Questions

Buying A Business

What Should I Pay For The Business?

SETTLING ON A PURCHASE PRICE COMMANDS AN ASSESSMENT OF THE VALUE AND FUTURE ECONOMIC BENEFITS TO BE ATTAINED BASED ON THE TARGET BUSINESS. VALUE IS SPECIFIC TO EACH BUYER. OUR DEEP TRANSACTION EXPERIENCE, COUPLED WITH COMPARATIVE SALES AND ASSESSMENT OF THE TARGET BUSINESS, WILL ESTABLISH A SOLID RANGE OF VALUE.

How Long Will It Take To Close On A Business?

AN ACQUISITION SEARCH IS HIGHLY DEPENDENT ON THE TARGET PARAMETERS ESTABLISHED BY EACH BUYER. FROM PRELIMINARY DILIGENCE (PRE-LOI) TO THE CLOSE MAY TAKE ANYWHERE FROM 2-6 MONTHS DEPENDING ON A LARGE NUMBER OF FACTORS (I.E., AVAILABILITY OF DOCUMENTATION FOR DUE DILIGENCE, COMPLEXITY OF NEGOTIATIONS, FINANCING, ETC.)

What Type Of Business Should I Buy?

THE SIZE AND TYPE OF BUSINESS A BUYER WILL PURCHASE IS OFTEN AN EXTENSION OF EXISTING CAPABILITIES / EXPERIENCE, PURELY FINANCIALLY DRIVEN, OR A COMBINATION THEREOF. EACH INDUSTRY AND BUSINESS HAS ITS SPECIFIC RISKS AND OPPORTUNITIES. P&L BUSINESS BROKERS, LLC WILL ADVISE YOU, THE BUYER, ON THE INHERENT INDUSTRY AND BUSINESS-SPECIFIC RISKS AND OPPORTUNITIES.

How Will Having A Buyer's Representative Affect My Chances Of Aquiring A Business?

HAVING A SEASONED BUY-SIDE BROKER / ADVISOR TO REPRESENT YOU WILL ADD SIGNIFICANT VALUE THROUGHOUT THE TRANSACTION LIFE-CYCLE. BUYING A BUSINESS IS A TIME-CONSUMING ENDEAVOR AND REQUIRES ATTENTION TO DETAIL WHILE MAINTAINING THE VISION / STRATEGY. P&L BUSINESS BROKERS, LLC WILL PREPARE YOU FOR THE ENTIRE PROCESS AND INCREASE YOUR CHANCES OF ACQUIRING A BUSINESS BY STRENGTHENING YOUR VALUE PROPOSITION TO THE SELLER AND LENDING INSTITUTIONS, FACILITATING A SMOOTH EXECUTION OF DUE DILIGENCE AND OVERALL PROCESS, NEGOTIATING ON YOUR BEHALF, AND ELIMINATING ROADBLOCKS. ADDITIONALLY, WE HAVE STRONG RELATIONSHIPS WITH PROFESSIONALS (I.E., ATTORNEYS, ACCOUNTANTS, BANKS, ETC.) WITH WHOM HAVE DEEP TRANSACTION EXPERIENCE.