Are you an Entrepreneur?

Attributes of an Entrepreneur

  • An entrepreneur is highly independent.
  • An entrepreneur is a visionary.
  • An entrepreneur accepts higher risks.
  • An entrepreneur is somewhat of a loner.

Q: What does it cost to buy a business?

A: LIBERTY BUSINESS ADVISORS works with each seller to establish a fair price for their business. Expect the down payment to equal the seller’s net income.

Why Entrepreneurs Buy Existing Businesses

  • Return on investment in one year
  • Instant cash flow
  • Company has established credit history and relationships with vendors
  • Trained employees
  • Company has established customer base and reputation
  • To secure a life-long job

The following are actual businesses, which buyers have recently purchased through LIBERTY BUSINESS ADVISORS offices:

Business Net Earnings/
Down Paymt.
Gross
Sales
Sold
Price
Type of
Buyer
Furniture Manufacturer $1,200,000 $12,400,000 $6,500,000 Family trust
Embroidery Company $884,000 $6,300,000 $3,100,000 Tired of traveling salesman
Label Manufacturer $600,000 $2,100,000 $2,645,000 VP tired of Corporate America
Construction Equipment Rental $500,000 $7,350,000 $1,800,000 Unemployed executive
Baseball Cap Manufacturer $407,000 $5,500,000 $1,655,000 Advertising executive
Muffler Manufacturer $194,906 $1,500,000 $840,000 Automotive executive
Big Men Clothing Manufacturer $75,000 $650,000 $400,000 South African wanted a visa
Restaurant Equipment Manufacturer $50,000 $220,000 $102,000 Unemployed engineer
Computer Distributor $81,000 $1,150,000 $275,000 Australian wanted to enter US market
Pizza Restaurant $72,000 $420,000 $70,000 Unemployed manager
Printer $90,000 $525,000 $274,000 Manager wanted her own business
Fabric Distributor $185,000 $1,018,000 $244,000 Couple wanted their own business
Machine Shop $140,000 $325,000 $345,000 Machinist wanted his own business