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FAQ Buyers

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FAQ For Buyers

This is something you can accomplish immediately through Onbiz.co.uk. On all listings, there is a contact info tab. This will open a contact form.

To learn more about the business, you’ll need to contact the seller or the seller’s representative. You can do so by using the contact form. Onbiz.co.uk cannot give further information on listings because it is the obligation of the seller to be as descriptive as possible.

You will be unable to contact the seller if the listing has been deleted from our website. Sellers and brokers will occasionally retain their ad on the site while the deal is being concluded. The listing will be marked with a ‘Sold STC’ tag. If this is the case, buyers can still inquire about the listing. If you are really interested in a listing, we recommend making an inquiry as soon as possible.

You want to stand out from the crowd of serious inquiries and gain the seller’s attention. Include as much information about your goals as possible. Include information such as:

What financial resources do you have?
How you want the transaction to look
If you are able to relocate quickly (if required),

Keep in mind that sellers receive several inquiries and will select priority bidders. If the seller does not react to your enquiry within 48 hours, we recommend sending a tailored follow-up note.

 

We’re sorry this happened to you. Every day, our Client Success team receives a large number of inquiries, and we do our best to answer to them.

While we do not produce the listings, we try our best to assure that all of the listings on our website are legitimate. While we encourage advertisers to offer complete and accurate information, it is the obligation of the buyer to undertake thorough due diligence before to purchasing a business.

We encourage that you contact the seller to learn more about the listing. Please do not hesitate to contact us if you require any assistance.

No. Buyers can browse our site for free. Simply set up a free, basic buyer account.

Simply enter the sector of interest into our search bar. You can also go through our most popular categories. You can also narrow your search using our advanced search features.

You can sign up for free email alerts to be notified about businesses for sale that meet your criteria. You can also sign up for our monthly email at the bottom of our homepage.

You can do this by clicking on our free, Business Valuation tab located on the top of the page menu.

There is no straightforward solution. It takes time, focus, clear goals, and a sound business strategy to start a business.

In general, it could take between 6 and 9 months, depending on a variety of factors.

In summary, buyer due diligence allows you to examine the financial, legal, and commercial elements of the business you’re interested in.

There is no simple answer to this because each path has pros and cons. The decision will be influenced by your personality, wealth, and business objectives.

Purchasing a firm can be costly, but you will have access to an established product, operations, and customer base.

Starting a business is challenging, and the failure rate is significant. However, the creative flexibility, growth opportunities, and rewards may outweigh these hazards.

This will be determined by the agreement structure. It is usually a part of the overall buyer financing for the acquisition. This can range from 5% to 50%.

On our site, some business sellers do not offer seller financing. A seller will mention if they are offering seller financing in the ‘Other Information’ tab on their listing, under ‘Owner Financing’ and ‘Financing Available’.

You must directly contact the individual assigned to sell the business in which you are interested. These contact information is usually included in the papers you receive (such as the NDA or Confidentiality Agreement).

Please contact us if you require legal or financial advice. We’ll put you in touch with a broker or franchise consultant in our network.

You certainly can. Simply click the ‘contact seller’ option on the company listing. All messages to vendors are delivered via email, and the seller will respond directly to you. Alternatively you can click on book a appointment on the listing page. 

This will be determined by the type of sale. Unless otherwise agreed upon during discussions, you will not purchase the company’s debts in an asset sale. If you are selling stock, you will assume the seller’s debts and responsibilities.

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