Updated over 5 years ago on . Most recent reply
Purchasing a business
Looking at purchasing a business with real estate. First contact was made with the seller's broker. The sellers have no specific terms (at least for now). They would like to have an initial meeting to discuss the terms. They are willing to offer seller financing. I'm hoping to put 0 down (not sure if that will stick). I am willing to ask investors for help, just not sure I am there yet. My question is, during this meeting are there certain things I should be asking for? Looking for? Also, how do i make sure that the business is profitable, no other liens, etc? Are there lawyers, business accountants, or others that will provide a service to assess a business? Any suggestions are helpful.