Whether you are contemplating making your first acquisition or are a serial investor looking to add to your portfolio, we can find the right business for you. Explore our listings or call us to discuss pre-listing opportunities.
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Many of the buyers Blacks Corporate works with are seasoned investors who have been through the process before. For others, though, it will be a brand-new experience. Whatever your circumstances and background, we will be on hand throughout the process to provide all the support and help you require.
1. Build your shortlist
We can help identify the best opportunities for you and will put forward businesses that meet your specified criteria. Our experienced, expert team can also talk you through the various finance options that might be suitable.
2. Make an offer
We can advise you on the process of making an offer and negotiating the terms of your purchase. We will share our extensive experience with you to help you secure the best opportunity on the fairest terms.
3. Due diligence
Once you have agreed terms with the seller you will need to look into the business in detail to make sure everything is as it should be. You will also need to make sure the legal contracts are properly drafted before the sale completes.
If required, we can recommend accountants and lawyers to help with the technical aspects of your purchase. We will be there to support you throughout as the transaction progresses to completion.
A number of factors will affect the price you pay for a business. These include whether it operates from a freehold property, which you will own outright, or if you will be renting the premises. Usually the price of a business will be calculated as a multiple of net profit plus the value of any assets. These assets can include the value of the company’s brand, as well as physical assets like equipment and property. Location can play a big role in the value of some businesses, particularly if you are purchasing freehold premises.
This depends on a number of factors, including what you can afford. If you want to buy commercial premises using a self-invested personal pension, or as an investment, then you will need to look at freehold properties. If your main interest is in growing the business rapidly, and having maximum flexibility, then leasehold could be the better option.
Most businesses listed with Blacks Corporate are sold as companies. This means that all contracts with customers, staff and suppliers continue uninterrupted, minimising disruption and maintaining the reputation of the business in its marketplace.
If you buy a business that is still trading then any staff will have the right to stay on with that business, whether you buy the company or just the assets. You might be able to make staff redundant if their skills do not match your requirements, but you should seek specialist legal advice before doing so. If you want to start from scratch with all your own staff it might be better to buy the assets of a closed business.
Whether you are investing your own money or borrowing to buy a business, you should satisfy yourself that the business will generate enough money either comfortably to cover your loan repayments or to provide a healthy return on your investment. Our advisers can help you with this calculation and, if borrowing to fund the purchase is appropriate, can put you in touch with a range of specialist lenders.