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Buying a Business
FIRST NATIONAL BUSINESS CORPORATION™ (FNBC™)
First National Business Corporation business brokers provide a turnkey franchise opportunity to individuals wanting to own and operate a full-service business brokerage office, dedicated to serving small business buyers and sellers with high standards of competency, professionalism and low risk for all parties.
Since 1982 we and our predecessors have brokered the sale of thousands of different businesses, of all kinds, sizes, prices and types.
Our franchises charge no fees to buyers and are only paid a commission by the seller when the business is sold.
OUR SERVICES INCLUDE:
· Free Evaluations for small business owners, including providing the owner with a professional opinion of how to price the business for sale to a qualified buyer.
· Free Business Marketing Services, including analyzing the business financial records, creating and packaging the marketing materials, confidentiality system implementation and management, advertising and promotion, buyer search activities, buyer interviewing and qualification, management of the Letter Of Intent/Offer To Purchase process, coordination of the due diligence activities, management of the closing and disbursal of the sale proceeds.
There are no initial nor extra fees charged to either party for these services on most transactions.
· Evaluations for entrepreneurs (buyers) who are considering buying a business, to help the buyer know if the price he's/she's considering paying is fair market value.
· Coordination of the entire acquisition process, including working with the attorneys, accountants, creditors, lenders, and other advisors involved with all parties.
· Free acquisition search services for buyers, including providing information to buyers on the hundreds of business opportunities available from our offices' present inventory of businesses for sale, and on the many pending listings our sales associates are in the process of listing at any given time.
· Special projects for buyers, including:
Conducting targeted acquisition searches for the buyer/client; performing of detailed analysis for the buyer/client of the seller's financial records, pricing and project viability
Conducting negotiations with the seller(s) on behalf of the buyer
Providing the buyer with assistance in finding financing for the acquisition (including introducing the buyer to our extensive lender database
Assisting the buyer and their advisors in preparation of the acquisition financing package, and in presenting the package to likely lenders)
Managing the details of the acquisition due diligence (including working with the parties' attorneys, accountants, creditors, etc)
With our affiliated office representing the buyer, and the buyer paying the fee, negotiated in advance to the satisfaction of the buyer, in these special circumstances.
One of the free services we offer buyers is assisting them in finding the financing related to their acquisition, including creating the loan packet used to approach lenders, introducing the buyers to lenders, consulting the seller to make sure the buyer's lender receives all the materials the lender needs to evaluate the project, filling out of the SBA loan application documents, when applicable, managing the due diligence process, and coordinating the closing with the lender.
There is NO CHARGE for this service.
ACCOMPLISHING YOUR GOALS
Our franchisees' primary goal is to manage each transaction so that all parties are satisfied, comfortable and confident that the transaction accomplishes their needs and objectives, with low risk, and with maximum opportunity for accomplishing a successful acquisition.