Process, timing, and what stays your decision
How it works.
Four steps. You can stop at any one of them, and nothing binds you until you sign a purchase agreement.
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One. A conversation
Twenty minutes on the phone. What the business does, who runs it, what you want afterward. No documents, no financials, no commitment.
Same week. Nothing required from you.
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Two. Mutual non-disclosure, then figures
If we both want to continue, we sign an agreement that protects you and us. Then we look at profit and loss statements, tax returns, and how the work actually gets done. This is also the point where you learn who we are.
About a week. You can stop here.
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Three. A written offer
A letter of intent setting out the price, how it is paid, what happens to your employees and your building, whether we need you to stay on and for how long, and the expected closing date. In plain language, so you can hand it to your CPA and your attorney.
Three to five business days. Non-binding on both sides.
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Four. Closing
Confirmatory review, then a purchase agreement signed at a closing attorney or title company. Funds are handled by them, not by us.
Thirty to forty-five days from the signed letter of intent.
What stays your decision
- Whether your employees are told, and when
- Whether your customers are told, and when
- Whether you sell the building or lease it to us
- How long you stay involved after closing, if at all
- Whether to walk away, at any point before signing
What it costs you
Nothing, at any stage, on a sale to us. No commission and no success fee on a purchase we make directly. You should still have your own attorney and CPA review any offer, and you should expect to pay them for it.
If we walk away
It happens, and it is usually about fit rather than anything being wrong with your business. If we stop, we tell you why in writing. Anything you shared stays covered by the non-disclosure agreement, and we will return or destroy your documents on request.
On speed. We can move quickly, but fast is not always right. If you need six months to get your books in order or to talk it through with your family, that is fine. We have no reason to rush you, and we will not pretend an offer is expiring when it is not.
