Services
*Also Read: “The Importance of Retaining An Appropriate Attorney”
DO YOU WANT TO BUY A BUSINESS?
Buying a business can be a complicated, time consuming, and involved process. To improve your chances of procuring a business that will provide you the opportunity to generate an income level that will afford you a comfortable living, you need the help of professionals including but not limited to a business broker, attorney, accountant and banker. A great deal of experience is required to successfully manage and coordinate all of these professionals during the purchase process. Taking shortcuts, or avoiding the use of these professionals can often lead to a less than optimum outcome, and sometimes even failure.
Over the last six decades, Tannenbaum & Aalok has sold thousands of businesses. This unique experience has enabled our firm to understand and identify the unique requirements of the various buyers we assist, based on the following:
- Size and Type of Businesses
Tannenbaum & Aalok has helped buyers locate and purchase businesses ranging from small retail shops and franchises selling for under $100,000, to large distribution, manufacturing and other businesses selling for $5 million or more.
- Down Payment
We are effective in helping buyers with relatively small amounts of funds available for investment, as well as buyers with more than adequate cash reserves.
- Location
We specialize in businesses located in New Jersey, Eastern Pennsylvania and Northern Delaware; however, some of the businesses we list can be relocated outside this region.
- Inventory of Businesses and/or Commercial Real Estate for Sale
Most buyers aren’t exactly sure what type or size of business they would like to own and operate. Tannenbaum & Aalok is one of the larger business brokerages in the region with hundreds of listings available at any given time. Even with this large inventory, if for any reason, we do not have a business that meets your criteria, we can undertake a specific search for you. Our brokers also hold commercial real estate licenses which allows us to facilitate the sale or purchase of businesses that include buildings and land.
- Financing
Because our success depends on bringing each and every transaction to a successful close, we have established relationships with a number of leading lending institutions, enabling us to match the right lender for each buyer and each business.
Once a suitable business is found, and an offer made and accepted, the process is far from over. It is now essential to bring the process to a successful settlement with a minimum of delay and costs. This outcome may require any or all of the following professionals:
· Seller's Accountant and Attorney
· Buyer's Accountant and Attorney
· Landlord and Attorney
· Bank, Processor and Attorney
· Engineering, Building and/or Environmental Expert
· Surveyor
· Appraiser
· Title Company
Insurance brokers/agents
To coordinate the interactions of these professionals, it takes an experienced, professional business broker, like Tannenbaum & Aalok. We invite you to visit our offices, meet our highly qualified staff and experienced brokers. Allow us to show you how we can facilitate a smooth transaction by effectively identifying and dealing with all potential issues.
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