DO NOT

pay for a company based on what you will do. Pay for it based on what the current owner does - it is the only 'known' in the transaction.

accept proforma performance figures. Trailing 12, 24 and 36 months are all that matter.

DID YOU KNOW?

Uncollected accounts receivable are taxable income.

All earnest/good faith money should be fully refundable no matter why you decide not to buy.

CONTACT

Blackburn & Fears Inc
10065 Montague St
Tampa, FL 33626
813-886-1010

 

FREE INITIAL CONSULTATION

There is no charge for the initial consultation. We need to determine if working together makes sense. This usually takes 15- 20 minutes by telephone. We are happy to answer any questions you may have about a business you are considering. Of course, we are limited by what we have before us.

During the call we disucss where you are in the process, how we can help (or not) and perhaps, most importantly, underscore that we will always find something wrong with a business.  Do not be discouraged, however. Sometimes the right things are wrong with the buisness.

Further, it is a very rare occasion that you will acquire the first business you consider. 10-20 opportunities is more common. Many are discarded within the first few minutes of reviewing the financial docs. Some the sellers decide not to sell, some the brokers drag their feet, some the sellers are ready but you won't pass the landlord's requirements (this is a major obstacle with quality retail and large facility transactions).