Posted 07-24-2010 1:31 pm by
"Is it a buyers market for Business Buyers?"
My answer to that would probably be yes. The only problem is it's still hard for a qualified buyer to obtain financing. Sellers that are more flexible with terms are going to be the ones selling their company. Buyers that have a substantial amount of cash on hand will have leverage these days. In the old days it didn't take that much cash to get financing for a business. Most of the time buyers in today’s market do not have equity in their homes where most of the down payments used to come from. If a buyer has excellent credit, some type of industry experience and cash they will be able to find a great deal out there.Don't be alarmed if the business is down. This is going to be the case 90% of the time. What you want to look for is a company with a good product or service. Something people will eventually come back and purchase again. A business that is well run and that has made it through that past 12 months should be looked at as a positive and a possible good value. Since many companies have failed in that same time period.
AARON MULLER| ADVANTAGE COMMERCIAL BROKERS
