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Old 09-12-2006, 10:44 AM   #1
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Buying a business

How does one go about finding a business to buy? Lets say you want to buy a snadwhich shop or coffee shop or something, instead of starting one from the groud up. Are there websites or publications or something that people list these types of things for sale?

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Old 09-12-2006, 10:49 AM   #2
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YEs there is

You can call any realestate agent in your area. I know here in the UK we have websites devoted to businesses and same with Canada., Not sure about the states. but generally any agent can point you in the right direction :)
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Old 09-12-2006, 10:50 AM   #3
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Awesome. Thanks for the quick reply Jen!
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Old 09-12-2006, 10:55 AM   #4
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There are plenty of websites out there if you can only find them. Here are some sites that I've come across:

www.loopnet.com
www.businessnation.com

You may also want to look in the yellow pages under 'Business Brokers'
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Old 09-12-2006, 10:57 AM   #5
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Thanks Aurora!
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Old 09-12-2006, 11:11 AM   #6
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I've perused BusinessBroker.net - here's an example:

Search criteria - all food service businesses for sale in MA

http://www.businessbroker.net/listin...d&price_id=0&n

186 results

When you search you can narrow it down to sub-categories.
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Old 09-12-2006, 11:14 AM   #7
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Thanks BigDog. That is actually the site I am on right now
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Old 09-12-2006, 11:16 AM   #8
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The real estate agents can give you info on franchises too. A franchise business is usually well known and will produce quickly. Good luck.
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Old 09-12-2006, 11:18 AM   #9
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Quote:
Originally Posted by GB
Thanks BigDog. That is actually the site I am on right now
If I had $70k, I'd go after this one:

http://www.businessbroker.net/listin...id=0&date_id=0

Sadly, I got $0 . . . . .
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Old 09-12-2006, 11:25 AM   #10
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Quote:
Originally Posted by GB
How does one go about finding a business to buy? Lets say you want to buy a snadwhich shop or coffee shop or something, instead of starting one from the groud up. Are there websites or publications or something that people list these types of things for sale?
Having owned several retail shops in the past 30 yrs. I feel I'm qualified to give you some good, sound advice. What kind of business are you looking for? Do you have a special talent that your business will incorporate? Are you just interested in owning any business regardless of what it is? Are you just looking at blind ads and thinking you'd like to own that particular shop? These are hard questions you have to answer before you even THINK about opening or buying an existing business. The big question here is how much money do you have to invest? BE VERY, VERY CAREFUL. You could be putting yourself in a lifelong nightmare unless you know what you are doing. Will you answer these questions for me.? Then I can advise you. All of my businesses were very successful and I'll tell you why.
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