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INITIAL NEEDS Please complete the BUYER'S INQUIRY FORM. This form provides a brief overview of your goals and objectives our broker will use to develop a selection of businesses for your review. CONFIDENTIAL STATEMENT This form is signed at your first meeting with one of our brokers. It is an agreement you must sign prior to the disclosure of information about the business. It is your promise to keep confidential all information provided to you of the business you are inquiring about. MEETING You will meet first with our broker to select the business you are interested in purchasing. Once your selection has been made, a meeting with the seller will be scheduled. This is your opportunity to see the business and discuss personally with the owner any questions you may have. FINALIZING THE FINANCIAL RECORDS Buyer and seller will meet to discuss and examine the financial records of the business. MAKING THE OFFER An offer to purchase the business is the next step. You will be required to pay Earnest Money to demonstrate your good faith to purchase the business. It is at this time all particulars of the sale are set forth. These could include your obligation to obtain financial support, lease agreements, and/or financial statements on the business. Should any of the specified contingencies not be met, you are no longer obligated to purchase the business and your Earnest Money will be returned. THE ACCEPTANCE Once all the terms and conditions have been agreed upon between the buyer and seller, a Purchase and Sale agreement goes into affect. CLOSING PROCESS BEGINS Once all of the above steps have taken place and all specifications of the sale have been met, the Closing Process begins.
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