Business Sale Process, An Overview

Here is a brief overview of the steps involved in selling a business (this is a guide only, and some differences do occur between transactions): Steps in Process

You make the decision to put the business on the market.
You meet with us to go through the details of the business and your plans. Following the meeting, we would provide a realistic opinion of the likely selling price for the business and the expected demand from buyers.
We both sign an agency agreement to get the business actively on the market.
A marketing program is put together for the sale of your business, and the program is implemented.
Enquiries are received and each prospect signs a confidentiality agreement.
We speak to each buyer and qualify them.
The qualified buyer is provided with further details of the business.
We make an appointment with the buyer to have an on-site inspection of the business (site inspections are usually held after hours to avoid any interruption to your business).

BUYER REGISTRATION AND CONFIDENTIALITY AGREEMENT

To receive details on the selected business, please complete the Confidentiality Agreement below, and your broker will contact you shortly. Note: all information marked with * is required. Please complete this form in FULL. Our vendors request that all this information be completed in full so that we may as certain your ability to proceed to a settlement without complication.

First Name(Required)
Last Name(Required)
Email(Required)
Phone(Required)
Address
Street Address City State / Province / Region Post Code Country
I am Interested in the following business(Required)
Total dollars available for investment $(Required)
Confidentiality Agreement
- All information supplied to us by you is my/our responsibility to verify and confirm. I/we agree not to hold CBB or its salespersons responsible for its accuracy or any loss suffered by me/us in relation to the information contained in any Business Profile/Information Memorandum.
- I/We agree that the Business Profile / Information Memorandum supplied is confidential, and I/we agree not to disclose them to any other person except our legal, accounting or financial advisors and bankers.
- I/We agree NOT TO CONTACT the sellers or any of their employees at any time before settlement without express permission from CBB.
- I/We agree that all inspections of the business are to be by appointment, approved and organised through CBB only.
- I/We understand that CBB Business relay information of any business provided by the seller in their capacity as a representative of the seller.
- I/We understand that CBB does NOT investigate the truth or accuracy of any information supplied, conduct a due diligence process about it, or make professional or other judgement about the materials provided by any seller.
- I/We agree and acknowledge that CBB may have an agreement or be working in conjunction with another agent/broker who has such an agreement.
- I/We agree to respect the privacy of the seller and agree to either return or destroy all material related to any businesses if I/we do not proceed with the purchase.
- I/We acknowledge that I/we have read and understood the above conditions and agree to be bound by them.