Ready to Buy a Business?
Whether you are an experienced business owner who has bought and sold multiple businesses or if this is your first timing buying a business, Banyan Capital can help you streamline the process to find and close on your new venture.
The Buying Process
The buying process goes through seven key phases:
2. Business selections
3. Valuation analysis
4. Negotiating the deal
5. Arranging financing
6. Due diligence
7. Close and transition
The methods and strategies will differ depending on your target business, industry and numerous other factors. As a business intermediary, we'll guide you through each phase of the process and help you successfully buy a business.
There are more small businesses for sale now than ever before yet prospective buyers often feel frustrated with the overall process. One reason for this is the brokerage industry's incentives are currently misaligned with prospective buyer needs. Business brokers are generally compensated only if a buyer completes a transaction and thus they may push for a deal to happen, even if it's not in the best interest of their client.
We take a more professional approach. We provide buyer consultation on a retainer basis through Banyan Advisors, a licensed CPA firm. This provides better alignment from start to finish and opens up your opportunity to evaluate businesses that are not open to co-brokering by the listing agent (i.e., transaction brokers). For businesses for sale that are open to co-brokering, we can represent you through Banyan Capital.
Buying a business may be one of the most important decisions you'll make. Let us help you find and close on the right business for you.