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Buy A Small Business Tip: Contingencies In A Letter Of Intent



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Today's Buy A Small Business Tip: Contingencies In A Letter Of Intent - A letter of intent is usually a legally binding document that commits you to buy a business. There are however some contingencies that can be added. Some of these include: The books and records must meet final review. You must be able to finance the deal. The lease and purchase agreement are acceptable. There are no large changes in the business, etc.

BizBen viewers rated a auto repair shop listing, a pizza restaurant business, and a gas station/mart opportunity as some of the more popular California small business for sale listings that were added yesterday on BizBen.com.

Todays Top 10 BizBen List Of Those Looking To Buy A Small Business:

1. Auto repair shop listing for sale in San Jose Area - general auto repair shop with smog.

2. Pizza restaurant business for sale in Fremont - well known restaurant with excellent lease,big dinning area and much more.

3. Gas station/mart opportunity for sale in San Francisco - profitable, well-located gas station w/ mechanic.

4. Salon and day spa business for sale in Alamo - very upscale salon and day spa and a great location!

5. Carpet cleaning service company for sale in Butte County - Heaven's Best carpet & upholstery cleaning franchise.

6. Barber / salon listing for sale in Santa Ana - the barber salon is located in a great area, great shoping center, large parking.

7. Sandwich/deli shop business for sale in S.F. Bay Area - sandwich shop/ deli in great downtown location in Oakland.

8. Pub & restaurant listing for sale in Carmel - Carmel landmark pub & restaurant.

9. Dollar store opportunity for sale in Sunland - very busy dollar store nex to a Starbucks!

10. Candy/deli shop listing for sale in Old Elk Grove - candy deli ice cream hot dogs gifts in old town Elk Grove.

Posted on June 21, 2007  |   Email This Blog Post   |   Print This Blog Post

 Categories: 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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