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Answers to Common "Purchase a Business" Questions:

We have identified several common questions of our buyers, and provided answers to them below.  If you have any questions about purchasing a business, please Contact Us.


Is it better to purchase an existing business?

There are many advantages to purchasing an established business rather than venturing to start one on your own.  A major advantage is that you avoid the often unprofitable start-up period and begin with a business that has a proven track record and is generating cash flow from the first day you purchase it.  Starting any type of business from scratch involves spending numerous long hours researching and discovering the ways of operating the business through trial and error, often with unsuccessful results.  Established client and vendor relationships, trained employees, market-proven products and services, and training from the previous owner help ensure success of your business from the first day. 

What can AIM Team business brokers do for me?

Business brokers save you time and money, and make the transition from prospective buyer to new business owner smooth and less complicated.  The AIM Team consists of an experienced and qualified team of Real Estate Brokers, Real Estate Agents, and CPA's.  We understand the complexities involved in purchasing or selling a business.  Our goal is to make this transaction as smooth as possible for our clients.

AIM Team intermediaries will work to find a business that suits your specifications and that you feel comfortable managing.  Our extensive state and national broker listing networks provide us with access to thousands of businesses listed for sale right now, resulting in unsurpassed "match-making" capabilities. 

Your business broker will assist you with each step of the process, including negotiating a fair price and terms, lease negotiation or purchase of property, completion of all required forms, due diligence recommendations, securing financing, escrow, and more.  Our team is a great source of expertise regarding market values and trends of businesses in all industries, and we pull comparable closed sales of similar businesses from our many network affiliations and research industry ratios and trends to assist with the determination of business value. 

If you find a business you like, we will represent you in making what you consider to be a reasonable offer.  Be aware that many businesses sell for much less than their listed price.   

What fees will I have to pay?

Good news!  A buyer will rarely be subject to any fees for our services when purchasing a business.  That is because, in most cases, the AIM Team  broker is a representative of the seller and fees are paid by the seller. 

Do I need an attorney?

It is advisable to consult with an attorney or CPA, familiar with the buying process and industry regulations, prior to the purchase of the business.  Be aware that due to liability purposes, your CPA or attorney will not usually advise you to buy the business. However, your team of professionals may offer assistance with the due diligence process as well as performing a thorough review of the terms of your purchase agreement.  

What are the steps to purchase a practice?

It is a long journey from the first contact with your AIM Team business broker to the closing of escrow.  Our qualified staff will guide you through each step of the process and are always available to answer any questions and offer assistance.  It is important for any buyer to have at least a basic understanding of the steps you will be taking.  Please take a few moments to become familiar with the business Buying Process.

We look forward to working with you toward accomplishing your end result as quickly and smoothly as possible.  Please feel free to
Contact Us with any questions. 

The AIM Team utilizes multiple databases of businesses for sale.  Please complete our confidential Buyer Registration Form.  An AIM Team representative will forward to you listings that meet your criteria.