My Business Criteria

I am looking to buy a business with roughly $3-10 million in revenue where I can put my experience and skills to work. Ideally, the business meets the following criteria:

Located in North Jersey

The business should be located in Northern NJ within a 1 hour drive from Montclair, NJ

$500k-$1.5M Profit

Business should generate between $500k and $1.5M in profits per year

10+ Years Old

The business has been operating for at least 10 years and has been consistently profitable

How It Works

Selling your business is a simple and straightforward process that takes approximately 3 months in total. Below are the steps we will take together to achieve this:

 
 
 
Week 1

Schedule Initial Call

We’ll use this time to get to know each other, discuss your business, and see if there’s a good fit

 
 
 
Weeks 2 – 4

Evaluate Business

After signing a Non-Disclosure Agreement, I will review the business’s financials and other pertinent information to determine a fair business valuation

 
 
 
Week 5

Deal Negotiation

Together we will negotiate the high-level terms of the deal and agree to move forward

 
 
 
Week 6

Letter of Intent

I will draft and sign a Letter of Intent that contains the terms we agreed to

 
 
 
Week 7 – 10

Due Diligence

During the due diligence period, I will confirm all relevant facts and financial information about the busniess

 
 
 
Week 11

Sign Purchase Agreement

We will both sign a Purchase Agreement outlining the agreed upon terms in preparation for closing

 
 
 
Week 12

Closing

We did it! After signing all the paperwork, you will have officially sold your business to me and in exchange receive a very large check

 
 
 
Week 13 – 16

Transistion Period

Generally, a seller is available during a transition period of 1-3 months post sale to guide the new owner and answer any questions that may come up

 

 

 

Ready to Take the Next Step?

Schedule an initial call to discuss your business

Contact Me

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