Interested in buying an established business?
Buying an existing business is a big decision — but when you pull the trigger on buying an existing business, you get the opportunity to become an entrepreneur without starting completely from scratch.
Yes, Buying a Business Can Be Better Than Starting Your Own!
There’s never been a better time to buy a business. The number of existing businesses being sold is skyrocketing as millions of baby boomers are retiring and selling their businesses. Don’t miss out!
Do You Dream of Being Your Own Boss?
A lot of people dream of being their own boss. They want to own a company so they can do what they love and make the rules.
If that’s you, you might think that the best avenue is to start your own business from scratch. However, many entrepreneurs find that buying an existing business makes more sense than starting over.
Reasons to Buy an Existing Businsses
Why buy a business rather than start your own? Here are three reasons to consider:
Easier to Secure Financing
As the saying goes, it takes money to make money, and unless you have a lot of capital to start with, you’ll need financing. Those who launch companies on their own often use their own savings, borrow from family and friends, and keep costs low so they can get started successfully.
Unfortunately, that doesn’t always work, and it can limit how quickly you can grow. Getting financing from an outside source is a better choice, but lenders and investors often look for signs of success before they’re willing to hand over cash.
When you buy an existing business, you have a structure that’s already working. You have customers, and you’re bringing in revenue from the beginning. That makes it much easier to get financing.
You Start with an Established Brand
Americans are exposed to 4,000 to 10,000 ads per day, and most people have a very short attention span. If you’re starting a business from scratch, it won’t be easy to get noticed.
If you buy an existing business, you start with an established brand that already has steady customers. If the company is successful, then advertising is already in place, and local residents have heard of the business.
Your job as the owner of an existing business is to amplify the brand and spread your influence, which is much easier than trying to break into the market from scratch.
You Hit the Ground Running
Setting up business operations isn’t as easy as putting an “Open” sign in the window. You need to have a reliable, consistent supplier relationships, accounting systems, customer service processes and other contacts within the industry.
Buying a business that already has a working operation saves you significant time, money and headaches. Even if you come in wanting to make changes, you have a functional system to start with.
Buying an Existing Business Reduces Risk
Let’s look at this business success rate chart that was developed by the U.S. Department of Commerce. Ten years after buying an established business, 90% of the time the buyer was successful, while only 16% of startup businesses succeeded; in other words, 84% of the new businesses failed. It is 5 1/2 times safer to buy an established business because 90% succeed.
Why Choose Us for Help Buying a Business?
If you’re looking to buy an existing business, ABC can help you find the perfect business for sale by owner. With years of experience in business ownership, marketing, acquisitions, we make it easy to find the right business for your budget, goals, and preferences.
Whether you’re looking for a business for sale in your local area or wish to buy a business on the national or international market, ABC will give you access to the kinds of businesses you’re seeking.
We can help you research, find, and valuate businesses for sale. We can connect you directly with the sellers of businesses that are for sale by owner. You negotiate directly with the owner, saving tens of thousands of dollar or more that business brokers typically charge.
Buying a FSBO Business
Getting Started is Fast and Easy
Want to shop available businesses? Search our free directory of businesses for sale by owner (FSBO).
Register as a buyer to get detailed financial info on businesses that you are interested in buying. There is never a charge once you register.
What Our Clients Say
From Our Blog
Frequently Asked Questions
How are you different from a business broker?
Bizsale.com is an advertising company and not real estate agents, salesmen, or brokers. This means we don’t charge a commission when you buy the business. The business seller pays our fee in advance.
How do I determine the value of a business before I buy it?
A realistic business valuation requires more than merely looking at last year’s financial statement. You need to perform a thorough analysis of several years of the business operation. Then you must assess the future outlook of the industry, the economy, and how your company will compete.
Read our blos post about determining the value of a business.
What are the advantages of buying a business that is for sale by owner?
Here is a quick list of the main benefits of buying a business that is FSBO:
- Is already established and has a customer base
- Has a proven track record
- Is running with a team of employees in place
- Has existing relationships with suppliers
- Has existing systems and processes in place