Business for sale

Posted by admin on 5 July, 2009 under Business advice, Business owner looking for investment, Looking to buy a business, Selling a business | 4 Comments to Read

If you are looking for a business for sale online then probably one of the best sites that I have found so far is businessesforsale.com.

With this site you can register for free and browse the businesses for sale without having to register until such time as you want to make contact with a seller of a business.

You can opt to upgrade to a Premium Buyer if you wish for £14.99 per month or £89.99 per annum which entitles you to certain added benefits, like seeing newly advertised businesses 14 days before the non-premium buyers.

In my opinion there is no need to upgrade, as it is highly unlikely that a business would be sold within 14 days so you are paying out money unnecessarily.

If you are looking to sell a business and you are looking for a site to use, then I would also recommend this site too. I would recommend that you disclose as much information as you can too and as a minimum the buying price, the business turnover and annual profit. There are many businesses on this site that do not quote these figures, which in my opinion is crazy and will limit the number of enquiries.

Before you put your business particulars on the site – take a look at what the others have said. Read the ones that would make you interested and then write your advert and read it back to make sure you feel it would make your businesses inviting to potential investors.

Always be honest with the information you provide about your business, if you don’t the true picture will always be found out at the due diligence stage of the purchase, which should be carried out by the buyer – the sale could then fall through. This would be crazy to have this happen, as it can take a long time to sell a businesses and it will also cost solicitors fees to get to that stage.

Click here to go to businesses for sale.