How We Can Assist You

Click Here for Info on Our Buyer Assistance Program

Why Buy an Existing Business
Starting a business from the ground up is difficult and very risky. Over 60% of start-up businesses fail in the first two years -- that according to the Small Business Administration. Buying an existing business cuts that risk dramatically and offers several other advantages.

The fact that you can review an established track record gives you information as to whether the business concept is a sound and if the investment is a worthy. Banks and other lenders are willing to loan greater amounts of money, at lower costs and over longer amortization periods when they can see financial records that demonstrate a businesses ability to repay debt. Although a buyer usually brings his own vision and planning to a business acquisition, growth potential can be more easily assessed with a historical record on which to base future plans.

When you purchase a business, you buy proven systems and procedures that have often been built and refined over years of real world experience. The often cumbersome and time-consuming process to put necessary licenses and permits into place has been taken care of. You purchase the services of skilled employees who are fully trained. You gain established customers who are usually entrenched in their buying patterns and suppliers who have demonstrated an ability to perform and deliver their products in a timely manner.

In short, you are buying a proven entity. It is up to you to maintain what has been established and/or build upon this foundation to create an even more profitable enterprise. Business buyers often are able to bring new skills or perspective to a business enterprise that allows it to exploit growth opportunities that have not previously been capitalized upon. In doing so, you will not only increase your return on investment, you will be creating even more business value.

How We Can Help You Find the Right Business
Finding the right business is important. Buying a company is often the single largest investment decision you will make. Working with professional advisors is the key to identifying and successfully purchasing the business that is right for you. Friends and well meaning relatives are not usually qualified to provide the type of specialized advice needed for a business acquisition.

We encourage you to seek out an experienced business broker (even if it is not us!) who can assist you in finding an appropriate business and coordinate the often complex series of events that need to take place to bring a business to and beyond the closing table. At Peak Business Brokers, we can assist buyers in one of two ways:

1) We can merely assist you as a CUSTOMER by showing you the businesses we represent and, if requested, pointing you toward qualified professionals to make sure you are adequately represented through the process. In this instance, we are not your AGENT and we would receive no compensation for these services (our compensation would come from the business owners in which we do have an AGENCY relationship). Please note, by filling out or non-disclosure agreement and/or purchase profile forms you are NOT entering into any type of agency agreement with us, and you will NOT owe us any type of fee for examining our business offerings. We are merely notifying you of our agency relationship with our client businesses.

2) We could also enter into a BUYER AGENCY relationship -- in which we would act solely on your behalf and have fiduciary duties to you (see our non-disclosure agreement for a full description of various agency relationships). Under this relationship, we could actively seek out businesses that fit your specific acquisition criteria. Please note, though, that if you became interested in one of the firms we represent as a SELLER'S AGENT, we would have to change our relationship with you to a TRANSACTION BROKER, see our non-disclosure agreement for a full description of various agency relationships. We realize that these concepts are often confusing to the general public, but they exist to protect you, the general public.