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RE/MAX Realtec Group

Buying or Selling a Business

Many people buy businesses for several reasons:
1- Self-employed: you are the boss!
2- Tax advantages
3- Earn more money!
4-Tremendous growth potential.

For example (simplified for illustration purposes only),

A business that nets $100,000/yr may cost
$200,000
-80,000 downpayment would leave
$120,000 balance to be financed

Say you decide to take $40,000 salary for 2 years:
100,000-40,000=60,000 net profit (1st year)
100,000-40,000=60,000 net profit (2nd year)
pay off the $120,000 (with profit from the two years)


The following year you can continue with the $ 100,000/yr income. In the meantime, you are debt free and you have a business worth at least $200,000 with the potential for growth.

If interested in selling or buying a business, E-Mail me with the following information:

Buying Selling
Type Type
Location Location
When needed Price
Maximum
downpayment
available
Terms

When selling, in order to evaluate your business, the following is required:

last 3 years corporate tax return
last 3 years financials

(for businesses valued $1,000,000+, a detailed memorandum package is recommended. This involves an upfront commitment fee)