How much does it cost to purchase a business for sale?
by 19th of September, 2022
When you are reviewing businesses for sale its important to remember that negotiations will take place. A business sale is a lot more complex then say, buying a house. You want to be sure you know exactly what you are purchasing and the assets and liabilities you will be taking on. During the due diligence and settlement process, you will enter into negotiations usually using a term sheet or heads of agreement where you can negotiate on the terms of the sale.
Costs to take into consideration:
- Purchase Price
- Stock on Hand
- Equipment
- Solicitor Fees
- Brokerage Fees
- Accountant Fees
- Transfer or Licensing Fees
- Franchise Fees (if applicable)
Tags: business-for-sale
