The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

What is the minimun down payment for buying a business is 20% good enough

I would also like to know what would be the minimun down payment for buying an oil well and how risky is the business

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, illegal activities, or to rant about personal issues. Please review the full guidelines if you have any questions.

Submit Your Answer
Answers (1)
No User Photo
The BAF Group LLC

Down payments are completely negotiable between the Buyer, Seller and Lender (if applicable). Service businesses generally require more down payment, since there is little security in the way of assets.

As far as Oil - you better damned sight know what you are doing!!!! And if you have to ask, you don't. I am sorry to be so blunt, but that game is no place for people that are "dabbling" in the field.

May 9, 2011