1 Consultation and Assessment

At Abalaris Business Ventures we assist our Buyers in establishing the optimal type of business to purchase. We conduct an in-depth consultation, taking into account factors such as experience, education, interests, skills and resources. We also guide you in the preparation of the financial documentation necessary to acquire a business.

3 Qualification of Businesses

Once the “candidates” have been identified, we perform additional research to eliminate those businesses that raise red flags or might not be a good fit for each specific Buyer.

4 Offer Preparation

We discuss with our Buyers the most common factors that need to be considered when preparing the offer to buy a business, including sales price, proof of funds, formation of a new legal entity, type of contingencies, assets included in the sale, trade goods inventory, business fictitious name, management of A/P and A/R upon sale, possible licenses and permits, restrictive covenants, due diligence period, lease assignments, closing cost allocation, franchisor approval, environmental inspections, agreeing on closing dates, transaction attorney compensation and post-closing business transfer.

6 Contract to Close Management

Our team works with Buyer, Seller, Broker, attorneys, accountants, landlords and any other parties to promptly obtain any needed documentation in order to remove outstanding contingencies. We also coordinate business visits and inspections between Buyer and Seller and their representatives and vendors. Our team will also be in constant contact with the closing attorney and will coordinate the preparation of the closing documents once all contingencies have been satisfied.