Steps to Buying a Business
- Carefully consider the decision to buy a business.
- Educate yourself on the type of business you would like to buy and determine whether you would be better suited for an independently-owned business or franchise.
- Conduct research on options of businesses currently for sale.
- Determine how much money you can afford to pay.
- Contact and consult with an Alamo Corporate Group business consultant on your goals and criteria.
- Evaluate the businesses that are being offered for sale.
- Confidentially tour the businesses you are interest in, note improvements or changes that you would make, location and "feel" of the business.
- Through your Alamo Corporate Group business consultant, place a bid on the business in which you are interested.
- Engage in negotiations with the seller through your business consultant.
- Once an agreement has been reached, your business consultant will walk you through the details of finalizing a sale. Details include negotiations, new owner financing, complete documentation for the purchase and closing the purchase.
- Close the purchase!
- Printing out the Buyer's Personal Profile Confidential Information & Financial Statement from below.
- Complete the requested information
- And mail or fax the forms to Alamo Corporate Group - Address: 2846 SE Loop 820, Ft. Worth, TX 76140 or Fax: 817-615-8455
To print the documents, you must have Adobe's Acrobat Reader. If you do not have Reader, follow the directions below:
Click on the Adobe logo to visit Adobe's web site and download Adobe Acrobat Reader. Once you have completed the download and installation, return here to download the appropriate file(s).
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