Businesses on our site are only available for a short period - usually less than one month
Sellers of these businesses have time constraints and are not always in control of the process
You are not buying the company or its bad debts
You will be buying plant and equipment, intellectual property such as customers, suppliers, signage, telephone numbers, infrastructure, transferable agreements, leases and stock all of which have real value
You should be able to make a quick decision, usually within 7 - 14 days
Ideally you will have finance already organised
You will have an accountant and solicitors ready and motivated to assist you quickly
You should have an understanding of what insolvency means -
Insolvency exists for a person or organization when total financial liabilities exceed total financial assets. A related financial condition, sometimes referred to as cash-flow insolvency, exists when a person or organization can not meet its financial obligations as they come due.
source: (Wikipedia, the free encyclopedia)
This doesn't mean that the business is a bad business or that it won't have a future. With better management and more working capital, sometimes business that are bought at a discounted rate can be developed and on sold for significant profits , it depends on your own ability and efforts.
You should register with us to maximise future opportunities
