Your 1st question might be "Why should I buy a business instead of starting a new one?"

Advantages of buying an existing business may include:

1. Actual results rather than pro forma.
2. Immediate cash flow.
3. Trained employees in place.
4. Established suppliers and credit.
5. Established customers and referral business.
6. Existing licenses and permits.
7. Training by the seller.
8. The availability of owner financing.

Things you should know if you are buying a business:

An old saying in the real estate industry is "The three most important things a buyer should look for are location, location, & location. While location is important to a business buyer, be aware that track record and management round out the three components of a successful business. Let’s assume that you find a business that you like and its location is fine, but because of poor management, the business may not show the greatest track record. Purchased for the right price and terms, this business could become more successful with proper management, making it a good way to achieve your vision of being in business for yourself.

John Raines Sunbelt Business Brokers South Central Alabama P O Box 733 Evergreen AL 3640l Voice: 251-578-9605 Fax: 251-578-2009 sunbelt@jraines.com	Lanier Chew Sunbelt of Mobile & Pensacola 80 St. Michael St. - Suite 304 Mobile AL 36602 Voice: 251-433-1500 Fax: 251-433-6073 Pensacola: 850-470-9966

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