Deciding to buy a business is a big decision, and we are here to help.
Generally speaking, most business buyers are first time buyers. Yet, whether you are considering purchasing your first business, or you are a seasoned investor, you can rely on Rockrose Realty Inc. and our Business Brokers to facilitate you in every aspect of the transaction.
We have years of experience helping customers purchase all kinds of businesses of differing values throughout the state of Florida.
We are delighted to work with every buyer to help you identify what type of business would be the best fit to meet your needs.
We work with a team of trusted professionals who will assist you with due diligence evaluations, business plans for immigration purposes, and documentation submission.
Whether you are an American citizen or someone from overseas looking for a Visa Qualifying Business we have successfully assisted hundreds of clients just like you achieve their dreams.
Our ultimate goal is to assist people to buy a business that is right for them and that will help them meet their goals and dreams. Our client’s success is our reward.
The following is an example of the process you may go through in order to buy a business.
In many cases, it can be a fairly quick process.
First, we will determine how much you feel comfortable with spending.
Then, we will send you businesses to consider, based upon what you feel you would be interested in owning.
Next, we will email you a non-disclosure form to complete and sign. This protects the seller’s confidentiality when we share information with you.
After you have returned the signed disclosure we will send you details on each business to review.
You can then tell us which businesses you would like more information on, and we will arrange a conference call with the owner, then a face to face meeting if necessary.
Once you have decided to buy a business that meets your needs and budget we will write a contract.
We can connect you with someone to set up a new corporation for your business.
We always recommend customers have their own NEW CORPORATION so that if there is any outstanding debt from the business you purchase it will not be attributed to you.
At the time you sign the contract you will need to ensure that you have the deposit funds available. This is usually 10% of the purchase price.
The deposit is placed with an independent Escrow attorney. Please note we do not hold funds ourselves.
You will be given a period of time to carry out Due Diligence on the business.
You may do this yourself or engage another party, such as a qualified accountant to do this on your behalf. We have accountants that we can recommend to you if needed.
It is important to have a very thorough evaluation conducted.
Once Due Diligence has completed and you are comfortable moving forward you will need to send the remainder of the money over to the Escrow Attorney.
Once all funds have been received by the Escrow Attorney they will send you an escrow agreement.
The Closing Attorney prepares the closing documents. We will have both parties meet in our office to review and sign the closing documents.
A notary from our office will notarize the documents as necessary.
Once everything has been signed the business will change hands. You will receive a copy of the closing documents for your records.
Finally, the Closing Attorney will wire the seller their proceeds from the sale, and you will be given all of the documentation for your new business.
The Seller will then spend the agreed period of time training you and making sure you have the necessary licenses etc., to be up and running your new business.