22033 Clarendon St
Woodland Hills, CA 91367
P:818-667-4411
F:818-337-7959
info@socalbusinessbroker.biz
The process for purchasing a business starts with the Confidentiality form.  Please sign SoCal Business Broker Confidentiality Agreement and Disclaimer
prior to receiving business information. This can be done by fax or email. Please send us your email or fax and the business you are interested in. All
proprietary business information must be kept confidential. Before a purchase agreement is drafted, the Buyer should not discuss the sale of the business
with anyone, particularly the owner, employees, or customers.

You agree to provide accurate information about yourself, such as contact information, experience background, types of businesses desired, geographic
regions desired, and financial information.SoCal Business Broker will provide a selling package on businesses that interest you. SoCal Business Broker
arrange a on-site meeting with the Seller, giving you the chance to ask questions about how the business operates and to discuss your qualifications to the
seller. Once satisfied, you make an offer with contingencies to purchase along with a good faith deposit. The most common contingencies:

  • Financial due diligence and verification.
  • Transferring of existing lease or negotiating a new lease.
  • Financing, if required.
  • Inspection of the fixtures and equipment.
  • Transfer of Alcohol License, if any.
  • Approval of Seller's Disclosure Statement.

Going into business for yourself is a big step, one that can be full of apprehension and even fear. Almost 90 percent of all those who purchase a small
business have never owned a business. Most of them bought a business that was different than what they had been looking for. These buyers had the
opportunity to explore the marketplace and subsequently found a business more to their liking. In most cases, the seller financed the sale. As you begin
your search, keep in mind that running your own business is more than a job. It is a lifestyle change. In most cases, it is a very big lifestyle change. Usually,
you will be working longer hours, making all of the decisions.

The following reasons in considering to purchase  a business:

  • Pride in the service , product
  • Flexibility
  • Income
  • Recognition
  • Security
  • Privacy
  • Status
  • To be your own boss
  • A career change
  • A job to keep you ,spouse, friend busy
  • Tired of working for others
  • Control of your own destiny
Recently Sold
SoCal Business Broker