OFFER
Writing the Offer
Once you locate a business you want to purchase, with our assistance and Purchase Agreement forms, you will submit an offer accompanied by a deposit check made payable to the escrow company. Your offer will be contingent upon your inspection and satisfaction with the financial records, and any other necessary contingencies.
Presentation
Business Advisors Network will present your offer to the seller, along with the information you provided about your background, experience, financial status, and how you arrived at price and other terms of your offer. If provided, we will also present your financial statement, credit report, resume, and business plan.
Response
The seller will accept, reject, or counter your offer. Business Advisors Network will advise you of the seller's response. At this point, you may accept, reject, or counter the seller's response.
Mutual Acceptance
A contract is entered into when both parties agree to all of the terms and conditions of the sale and sign all amendments and counteroffers. At this time, there may be contingencies or conditions that still must be satisfied prior to closing.