What goes into the offer
- Price and allocation between goodwill, equipment and real estate.
- Financing: SBA loan, your equity and any seller note.
- Working capital and inventory.
- Seller transition and training period and a non-compete.
- Due diligence and financing contingencies.
Frequently asked questions
What is a letter of intent?
A non-binding outline of price and key terms that both sides sign before due diligence and the final purchase agreement.