The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

Buying a business for the first time!

I'm looking for questions and documents I should be asking for and looking at when talking to the owner/broker of the business. Anything will help iv worked in the restaurant industry my whole life, this is my first step in ownership.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (2)
No User Photo

We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

Kindly acknowledge receipt of email.

Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539

Jul 5, 2017
No User Photo
The BAF Group LLC

The Lease's Rate and length, including any options to renew? The COGS? Staff expenses as a percentage of Revenue? How long have they been there? How long under this owner? Longevity of each staff member? Three (3) years of Tax Returns - and are they true? YTD Financials for 2013? Too many things to mention here, and even when you collect the information, how do you analyze it? If this is your first time and you don't know what to ask, you need to get a CPA you trust to look it over, at the very least.

Oct 23, 2013

Start a Discussion