Buyers:
Exploring Business Ownership in Buffalo or Western New York? At 716 Biz Exchange, we specialize in matching discerning and capable buyers with ideal business opportunities. Our expertise in market analysis and due diligence ensures you make informed decisions, aligning your investment with a business that suits your vision and goals. Partner with us for a streamlined, strategic approach to acquiring your next venture
Our Process
Navigating the path to business ownership is a significant undertaking. Our team at 716 Biz Exchange is here to guide you through every step of the journey. From initial exploration to closing the deal, our experts are your trusted partners.
1.
Make an
Appointment
Begin your journey towards business ownership by setting up an initial consultation with our team. This first meeting is a vital step in understanding your needs and outlining how our tailored services align with your business aspirations.
2.
Determine
Your Goals
Our collaborative approach starts with a deep dive into what you’re looking for in a business purchase. We take the time to understand your industry preferences, investment scale, and long-term objectives, ensuring a targeted and efficient search process.
3.
Exploring
the Business
Leveraging our extensive network and market insights, we present you with a selection of businesses that match your criteria. For each potential opportunity, we provide comprehensive details and analysis to aid in your decision-making process
4.
Offer &
Acceptance
Once you select and evaluate a business that aligns with your vision, we guide you through crafting a compelling offer. Our team then gives you thoughtful recommendations during negotiations, aiming for a favorable agreement that meets your terms and expectations.
5.
Financing
Options
Understanding the financial aspect of purchasing a business is critical. We assist in identifying and securing financing options that best suit your economic standing and the specifics of the transaction, ensuring a sound financial foundation for your purchase.
6.
Closing
& Support
Our support extends beyond negotiations, assisting you through the closing process for a seamless transition. Post-acquisition, 716 Biz Exchange remains your partner, offering ongoing support and advice as you embark on managing and growing your new business.
View Our Listings
Browse our current business listings to find your ideal match and take the next step towards your entrepreneurial future.
FAQs
What types of businesses are available for purchase through 716 Biz Exchange?
We offer a diverse range of businesses for sale, including restaurants, retail stores, service providers, and more. Our listings cover various industries across Buffalo and Western New York.
How do I find businesses for sale on your platform?
You can browse our businesses for sale by visiting the “Listings” section. Filter your search by location, industry, or price range to find businesses that match your criteria.
Can I get assistance in finding the right business to buy?
Yes, our team of Consultants are here to assist you. Feel free to contact us, and we’ll help you identify businesses that aligns with your goals and preferences.
How do I inquire about a specific business listing?
Click on the listing you’re interested in and use the provided contact form to send your inquiry directly to the seller or our team. We’ll ensure your questions are promptly addressed.
What financial information should I have before buying a business?
Before buying a business, assess your liquid assets for the down payment, understand your credit score for financing, and have a clear personal budget. Knowing your net worth — total assets minus liabilities — is essential. This will help determine the size and type of business you can realistically afford.
What is the process for evaluating a business before purchase?
Our team can guide you through the due diligence process, including reviewing financial records, contracts, and conducting site visits. It’s essential to assess the business thoroughly.
Are there financing options available for purchasing a business?
Yes, we can connect you with financial institutions and lenders specializing in business acquisition financing. You can explore your financing options with us as well your personal financial professionals.
How can I be sure that the businesses listed are legitimate and profitable?
We carefully evaluate each business listing to ensure its authenticity. However, it’s crucial to conduct your due diligence and work with financial and legal advisors to assess a business’s profitability and suitability.
Can I negotiate the price of a business listed on your platform?
Yes, negotiations are common in business transactions. Our team can help facilitate the negotiation process to help you secure a favorable deal.
What happens after I've purchased a business through 716 Biz Exchange?
After purchasing a business through 716 Biz Exchange, our support continues beyond the sale. We provide post-purchase consultation to help you transition smoothly into business ownership. Our team remains available to offer advice, address challenges, and assist with strategic planning as you begin to grow your new business.
Do you offer any resources for first-time business buyers?
Yes, we have a resource section with guides and articles to help first-time buyers navigate the process. You can also contact us with any specific needs or questions. We are happy to help educate our clients!
How can I stay updated on new business listings?
Subscribe to our newsletter or follow us on social media to receive regular updates on the latest business listings and opportunities.