Beginning Your Search – Where to Find a Business for Sale

If you’ve always dreamed of owning your own business, but held back because you’re worried about the risk of starting one, don’t let that stop you. You can buy an existing business with established cash flow and a history of success. There are many types of existing businesses for sale in different price ranges and a number of great resources to help you find one and buy it.

1. Business-For-Sale Marketplaces

Online business for sale marketplaces, such as BizBuySell, will have thousands of listings of existing business and franchises for sale. BizBuySell connects buyers, sellers and brokers to the most comprehensive source of for-sale businesses and related resources. You can filter your search by desired location, industry and business cash flow.

BizBuySell offers other additional tools to help you find a business to buy:

2. Professional Business Brokers

Business brokers typically represent the seller, yet many also offer assistance in the buying process. A good business broker should be well-connected and familiar with businesses for sale in the local market. Some specialize in certain types of businesses, such as restaurants or retail stores, so choose your broker accordingly. One of the easiest ways to find a business broker is through finding a business for sale that interests you, then contacting the listing broker for more information.

Other options for finding a business broker include:

3. Your Network of Friends and Colleagues

Reaching out to people you know is one of the best ways to hear about businesses for sale or about great recommendations on local brokers. For example, your accountant, attorney or professional colleague may know of a business owner who is interested in selling. Having a warm introduction through a mutual contact makes it far easier to build a relationship with the business owner. It also saves you time from searching through an outside organization or a broker.

Your network of friends and colleagues may include:

Reach Out, Follow Up and Stay Organized in Your Search for a Business

Finding a business to buy is an iterative process. It requires time, organization, focus and diligence. With the right connections and/or team of professionals not only could you locate a potential business to buy, but you could also negotiate a deal and become the new business owner.

Get the Free Guide

Next Step: Get the Guide to Buying a Small Business

This free, 100-page digital book provides step-by-step instructions for buyers.