|
Meet with Broker. Buyer interview for needs, motivation and capability. B-1
|
 |
Review General Information about Business(es) B-2
|
|
Buyer Views the Business anonymously or Buyer/Seller Mtg.
|
|
Buyer Views the Business anonymously or Buyer/Seller Mtg.
|
|
Seller Accepts or Makes a Counter Offer With Contingencies
|
|
Agreement Signed
by Buyer
and Seller
|
B-1
Buyer completes Confidentiality Agreement, Agency Disclosure Statement, Buyer Profile, and Summary Financial Information
Buyer demonstrates credit and related business experience. |
|
B-2
Buyer signs Memo Record of Showing
Buyer receives Business Summary Information
Summary Financial Data |
|
B-3
YTD Financials
3 yrs Tax Returns
Sales Tax Reports
Asset List
Employee Summary
Leases to be assumed
Receivables Aging Rpt.
Seller Disclosure
Liabilities to be assumed
Customer Concentration Report
Certificate of Good Standing |
|
|
|
|
B-4
DBA Release
Customer Lists
Vendor Lists
Lease Assignment
Non-Compete Agreement
Title to Assets
Buyer Services Acknowledgement
Information and Documents required to effect closing
|
|
S-1
Proof of Down-Payment
Buyer Disclosures
Buyer Credit Report
Buyer Detailed Financials (if seller is financing)
|
|
|
|
Due Diligence
Buyer Proves Financial Ability
B-3 S-1
|
