PAYING FOR YOUR COMPANY
I will buy your business the same way you may have bought your home.
I will make a significant downpayment and borrow the rest.
This should not take more than 90 days.
My capital sources are the usual ones:
PRIVATE Capital
I'm the founder of the
Alternative Investments Club
a small group of wealthy investors from investment funds and family offices. We've committed capital to acquire small businesses.
30% of Purchase Price
THE BANK
I met with commercial lenders at banks around New York who are excited to loan me the money to buy any profitable business with sales above $1M. The SBA will guarantee this loan.
50% of Purchase Price
Seller Financing
I will offer you a fair price for your company. In exchange, I'll ask you to accept a short period of principal and interest payments to complete the sale.
20% of Purchase Price
Our Timeline:
Day 1: We'll start with an intro phone call to see if we like and trust each other.
Day 3: We'll sign a non-disclosure agreement. I'll travel to your company for a tour.
Day 5: You'll send over 3 years of financials for your business and I'll begin to draft an offer letter.
Day 10: You'll receive the offer letter from me. It'll be a really good offer.
Day 14: You'll sign the offer letter. Your attorneys and accountants will meet mine. They'll need a month.
Day 45: Once our accountants and lawyers are happy, you'll receive a purchase agreement from me.
Day 60: After you've reviewed the purchase agreement, we'll sign it and I'll pay you.