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Attributes of an Entrepreneur-
An entrepreneur is highly independent. -
An entrepreneur is a visionary. -
An entrepreneur accepts higher risks. -
An entrepreneur is somewhat of a loner.
Q: What does it cost to buy a business?
A: LIBERTY BUSINESS ADVISORS works with each seller to establish a fair price for their business. Expect the down payment to equal the seller's net income.
Why Entrepreneurs Buy Existing Businesses-
Return on investment in one year -
Instant cash flow -
Company has established credit history and relationships with vendors -
Trained employees -
Company has established customer base and reputation -
To secure a life-long job
The following are actual businesses, which buyers have recently purchased through LIBERTY BUSINESS ADVISORS’S offices:
|
Business |
Net Earnings/
Down Paymt. |
Gross
Sales |
Sold
Price |
Type of
Buyer |
|
Furniture Manufacturer |
$1,200,000 |
$12,400,000 |
$6,500,000 |
Family trust |
|
Embroidery Company |
$884,000 |
$6,300,000 |
$3,100,000 |
Tired of traveling salesman |
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Label Manufacturer |
$600,000 |
$2,100,000 |
$2,645,000 |
VP tired of Corporate America |
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Construction Equipment Rental |
$500,000 |
$7,350,000 |
$1,800,000 |
Unemployed executive |
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Baseball Cap Manufacturer |
$407,000 |
$5,500,000 |
$1,655,000 |
Advertising executive |
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Muffler Manufacturer |
$194,906 |
$1,500,000 |
$840,000 |
Automotive executive |
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Big Men Clothing Manufacturer |
$75,000 |
$650,000 |
$400,000 |
South African wanted a visa |
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Restaurant Equipment Manufacturer |
$50,000 |
$220,000 |
$102,000 |
Unemployed engineer |
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Computer Distributor |
$81,000 |
$1,150,000 |
$275,000 |
Australian wanted to enter US market |
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Pizza Restaurant |
$72,000 |
$420,000 |
$70,000 |
Unemployed manager |
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Printer |
$90,000 |
$525,000 |
$274,000 |
Manager wanted her own business |
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Fabric Distributor |
$185,000 |
$1,018,000 |
$244,000 |
Couple wanted their own business |
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Machine Shop |
$140,000 |
$325,000 |
$345,000 |
Machinist wanted his own business |
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