The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

are there any standard forms used to qualify a buyer of a small business such as a restaurant?

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)
Chuck Woolweaver
Franchise Your Business in 60 Days
Palm Beach County, FL

Robert, it looks like you're in the real estate business. Business Brokers will always require a potential buyer to sign a Confidentiality Agreement before disclosing details about the business. In addition, you'll to ask the buyer foo a financial statement, business or personal. Most sellers won't work with a buyer unless they know he is at least financially qualified to buy the business. If there is any owner financing involved, the seller will probably require that the buyer have some related experience.

Sep 22, 2009