Buying A Business

Is it time to Buy A Business?
Have you considered starting, expanding, or buying a business? If so, then you can benefit from the services of The Henderson Business Group. Somewhat like a real estate broker aids a homeowner in the selling of his home, a Henderson Business Group agent represents a business owner in the sale of his business.

As part of our service to the buyer, we help:

  • Determine what type of opportunity is suitable for you
  • Present the available opportunities to you
  • Provide information and answer your questions
  • Navigate the way to a closed transaction

No fees are charged to the buyer. 
Although some individuals prefer the challenge of starting their business from the ground up, purchasing an established business is often a sensible alternative. 

An existing business is likely to include many of these amenities: name recognition, a customer base, a revenue stream, the fixtures, furniture and equipment needed to operate the business and finally a track record when seeking financing.

The Henderson Business Group can provide important items to qualified buyers in a timely, professionally presented business presentation. We will have all the pertinent information, from tax returns, equipment listings, property leases and any other pertinent information important to serious buyers. 
 
The Henderson Group can also assist in making introductions between you and accounting and legal professionals in Iowa.

Financing 
The Henderson Business Group has a proven program to help buyers obtain financing. Typically, the buyer will need to supply 25% of the purchase price, with the rest of the purchase price available from lenders. 
 
The Henderson Business Group will work on the loan package for the buyer, and will present the financing request to various banking institutions to help the buyer discover all the financing options.

Buying Process of The Henderson Business Group.

  • Make an Appointment

    Contact The Henderson Business Group today so you can visit our office and together we can determine your business goals and explore the possibilities of owning your own business.

  • Narrow the Scope

    Once your business goals are determined, we can narrow the scope of your search and match your interests with businesses we have listed for sale.

  • Buyer Qualifications

    The Henderson Business Group will determine if the buyer has the financial resources and background experiences available to purchase the business they are interested in.

  • Confidentiality

    Before any information is given out concerning businesses listed through The Henderson Business Group, a signed non-disclosure agreement must be executed.

  • Evaluation

    After the non-disclosure agreement has been signed, the broker will discuss with you information concerning location, sale price, annual sales, profit and loss statements, tax returns, leases, employees, etc. 
     
    Presentations using Microsoft Power Point that include such information and digital pictures of each business are available for viewing at The Henderson Business Group. This information will help you evaluate each particular business.

  • Business Tour

    Upon request, a date and time can be arranged to tour the business you are interested in. Tours will include yourself, the broker, and the business owner so all questions can be answered at that time.

  • Offer to Purchase

    Once you decide to make an offer, your broker will assist you in determining what conditions and contingencies the offer should include. 
     
    A written offer will be drafted and presented to the seller by the broker. All future negotiation will be conducted by the broker through the buyer and seller.

  • Financing

    The Henderson Business Group will work with you on various financing alternatives and structures that may be available to you.

  • Acceptance

    After the offer is accepted by both parties, buyer and seller will be in contact with the broker until all preparations are made for closing. These preparations include obtaining financing.

  • Closing

    A mutually agreed upon date is determined. Usually present at the closing is the buyer and their attorney, the seller and their attorney, the business broker and the banker.

Back to the start of this section