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Buy A Small Business Tip: Get a Noncompete Agreement



Posted on May 13, 2007

buy business
Today's Buy A Small Business Tip: Get a Noncompete Agreement From Seller - It's wise to protect yourself from the unknown. What if the seller of the business you're buying decides to open another business that could be in competition with you? If you get a covenant or agreement not to compete. Look at state laws because they differ on what you can and cannot restrict. 

BizBen viewers rated an auto repair shop business, a floor maintenance company, and a restaurant/lounge listing as some of the more popular California businesses for sale that were added yesterday by business owners, business brokers, and agents on BizBen.com.

Todays Top 10 BizBen List Of California Small Businesses For Sale:

1. Auto repair shop business for sale in Walnut - complet auto repair shop (no smog).

2. Floor maintenance company for sale in Sorrento Valley - upside potential, own a highly profitable bus that operated on a p/t basis.

3. Restaurant/lounge listing for sale in Sacramento Area - excellent restaurant, lounge bar and banquet in popular upscale area.

4. Smog check station company for sale in Central Fremont - profitable test only smog check station in Fremont, California.

5. Gourmet restaurant listing for sale in Paramount - turn key gourmet restaurant, 47 license, sba-able good food, good records.

6. Mexican restaurant company for sale in Westminister - Mexican restaurant with great setup.

7. One hour photo opportunity for sale in Norwalk - excellent one hour photo & studio business. located in a busy shopping center!

8. Pet shop business for sale in South Bay - great location with well established pet shop.

9. Hair salon opportunity for sale in San Fernando Valley - upscale beauty salon located in an affluent part of the valley.

10. Chinese restaurant business for sale in Orange - Chinese fast food in busy location.

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 Posted at 7:32 pm in Buying A Business, Selling A Business

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Opinions expressed on this site do not necessarily represent those of BizBen.
Opinions expressed here do not constitute legal advice. Those interested in specific guidance for legal matters should seek competent professional advice.
About This Blog
Peter Siegel, MBA is a nationally known consultant and author - with over 25 years experience on the topic of selling, buying, and niche financing (the purchase of), small to mid-sized businesses. His clients include: business buyers, business owners/sellers, small business advisors, and business brokers.
This Blog contains observations, tips, news, events, and case studies relating to selling or buying a small business.
This Blog is ideal for business buyers, business owners, advisors, business brokers & agents.



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