At any given time there are approximately 100 businesses for sale in Raleigh, NC. These Raleigh businesses come in many shapes and sizes and across many different industries.
At any given time we may have Raleigh businesses from the $10 million range down to $50 thousand. We sell both independent, locally owned businesses and franchise re-sales.
Wanting To Buy A Raleigh Business?
If you answered yes to wanting to buy a Raleigh business then you need to consider the following factors.
Industry Experience – Do you have direct industry experience for the business that you are looking to buy? Do you have the transferrable experience that will apply to the new business?
Legitimate Deposit – How much money do you have to place down on the new business? Remember that most lenders will request that you have three months of cash reserves at hand once you purchase a business.
Seller’s Discretionary Earnings – When businesses are marketed by a professional business broker you will see an amount given labeled SDE, Cash Flow or Owner Benefit.
If you want to buy one of the businesses for sale in Raleigh you will have one primary question, “What will my annual income be if I purchase this business?” This is an important question because it tells the business buyer how effectively they will be able to service the loan and how much money you will end up within your pocket.
Business Multiples – Businesses are valued on multiples of the SDE. Multiples vary from one industry to the next and some businesses are valued at a multiple with business inventory added to the total number.
Age of Business – When a business buyer is inquiring about a possible business that they have interest in, they need to find out the age of the business. None of these factors tell the complete story concerning the health of a business but when added all together, the business buyer can begin connecting the dots.
Owner’s Reason For Leaving The Business – Why does the current business owner want to sell their business? Business owners sell their businesses for a variety of reasons including health, retirement, burn out, family considerations or other business interests.
Cash, SBA or Seller Financing – Business owners love it when someone can pay cash for their business. Cash buyers can avoid the hassle of SBA lending and speed the process of closing up considerably.
If a buyer can’t pay cash the have to borrow the money from the bank, a friend, family, bank lending or seller financing. Some business owners will require some form of financial pre-qualification before going under contract with a buyer.
It never hurts to ask a seller if they are open to some form of seller financing.
The Big Umbrellas
Businesses fall into three primary categories – Retail Businesses, Services Businesses, and Professional Businesses.
Retail businesses are often seen as local brick and mortar locations. These businesses primarily lease their space with a few fortunate ones owning their property. Owner-operators run the majority of these businesses.
Service industry businesses typically are service providers across a spectrum of industries. Service businesses remain strong due to high multiples and the "MOAT" around their business that serves as a barrier to industry. Professional businesses typically require professional license to create a business platform i.e. legal, accounting, medical etc.
Raleigh's metro area business market remains strong through many of our countries economic highs and lows. The number of businesses for sale in Raleigh remains strong as well!
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