Buy a Business in California

When you are ready to buy a business in California, let us assist you in locating a suitable California business opportunity for sale that matches your purchase criteria by:

Conducting an extensive search and identifying specific business opportunities (employing specialized software developed to streamline this process – see below*)
Screening and valuing each targeted business offered for sale
Assist in obtaining the necessary financing to facilitate the purchase
Once you are committed to buying a business in California, we can negotiate the deal to ensure that you realize maximum value
Coordinating the due diligence process
Supervising all aspects of the transaction through the closing

Quantum™ Client Services – Making the Process of Buying a Business Easy

Let Quantum navigate your way through the maze of identifying and evaluating a good business at a great price. We can help you buy a California business that suits your purchase criterion and, at the same time, ensure you obtain great value.

Our representation of the business buyer in the purchase transaction typically includes the following services:

Client interview - We determine your acquisition objectives and obtain pertinent information about your background, experience, management skills and your ability to meet the financial requirements of the purchase transaction. Thereafter, we assemble general and financial information to present you as a qualified purchaser thus enabling you able to react quickly to each targeted business opportunity.

Conduct extensive search and identification of specific business opportunities - There are many channels which we can utilize to locate and identify qualified business opportunities. Our marketing consultants have developed a comprehensive marketing network of accountants, attorneys, bankers and other leads aimed toward locating qualified businesses for sale that fit your established criterion. We also maintain our own database of businesses for sale (qualified business opportunities).

*We employ uniquely developed software which enables the viewing and management of business listings identified on behalf of each buyer we represent. Each buyer is provided with a user name and password in order to login directly to our website at www.Qbsnet.com. Once logged-in, buyers can review each of the business listings identified on their behalf under New Listings.

If interested, the buyer clicks an "interested" button associated with that particular listing, we are immediately notified of the change in status for that listing and it is transferred from the buyer’s "New Listing" box into the buyer’s "Active Listing" box. At that point, we immediately begin to work on that listing on behalf of the buyer. On the other hand, if the buyer clicks on the "not interested" button, we are also notified of the change in status for that particular listing and it is transferred from the "New Listing" box into the "Inactive Listing" box; however, in this instance, the software will conduct a new search from our database based on the buyer’s search criteria (as modified from time to time based on additional information provided in a "feedback" box employed by the software utilized to narrow the search) and add a replacement new business for sale listing into the "New Listing" box. When this occurs the buyer is notified by email that there is a "New Listing" to view in the "New Listing" box. Under this system, we attempt to maintain 5 new and/or active listings at all times.

Screen each business opportunity - Pre-qualification of each business opportunity involves:
1. Communicating with each business seller and/or the seller's representative and providing a package of materials created on behalf of each of our buyers which includes a Cumulative Non-Disclosure Agreement, Buyer Profile and/or resume and Buyer Financial Statement, so as to present our client as a viable and serious purchaser;
2. Obtaining and reviewing pertinent business information and records of each business opportunity pursued; and
3. Performing a preliminary evaluation to determine whether the business represents a valuable opportunity and meets the client's purchase criteria as outlined during the client interview.

Business valuation - We will assist you in ascertaining the correct fair market value of each business opportunity we identify in order to determine whether the list price is above or below market value. To do this, we evaluate cash flows, assets and liabilities and the intangibles inherent in many businesses, including intellectual property assets, name recognition, market niche, vendor relationships, operation and production systems, distribution channels, customer loyalty and trained and skilled employees.

Asset Analysis and Structuring – We review and analyze the assets being offered for sale and suggest legal structures you may consider using to best operate and protect those assets and hopefully enhance their value.

Financing - We work closely with a group of institutional lenders (both SBA and Non SBA) that specialize in financing new business purchases so that our qualified buyers are able to consummate a purchase to which they are otherwise committed. Toward that end, we can assist the buyer by compiling various financial information and records and obtain pre-qualification for third-party financing.

Review - We review the company profile and thereafter, more detailed records and information to ensure that there will be a solid audit trail to corroborate the seller's representations of value. Throughout this process our legal, accounting and tax expertise enables us to respond to a variety of buyer questions and concerns and participate and manage the transaction aimed toward streamlining the process of buying a business.

Negotiations and Screening - Negotiations between the parties can often reach roadblocks. Quantum Business Solutions Network professionals provide skilled negotiation techniques to achieve a successful transaction and resolve issues as they arise to control all aspects of the process until a favorable resolution is attained.

Offer to Purchase/LOI - Once committed, the buyer often prepares a non-binding Letter of Intent (LOI) to submit a formal offer to purchase the particular business for sale. As your representative in the transaction, we will advise you on the appropriate terms and conditions for the LOI and thereafter, draft it on your behalf. In addition, we will present the LOI to the seller and engage in further negotiations in order to gain its acceptance.

Offer Acceptance or Counter - The seller may then accept the offer as written or respond with a counter-offer. In the event of a counter-offer, we will assist you to understand the nature and terms of the counter-offer and guide you with respect to an appropriate response. Once both parties agree on the basic terms and conditions, a contract of sale or offer and purchase agreement is prepared and reviewed by both parties. Our legal team of advisors will assist in drafting the contract to ensure that the transaction is structured in a way that affords our client the most protection while minimizing risk and increasing the tax benefits of the purchase transaction.

Due Diligence - The offer is usually contingent upon the business buyer's professionals verifying the accuracy of the seller's financial and operational representations. The buyer begins the process of due diligence and inspects detailed accounting records and business information. The due diligence process is the most important step in ensuring that the transaction is completed in a successful manner. Our professionals will guide and facilitate the due diligence process to ensure that this step is completed successfully.

Contingency Removal/Lease Assignments/Note Assumptions – Our legal professionals can also work with escrow to facilitate the removal of all the contingencies and work to present the buyer's experience and financial qualifications to obtain any necessary lease assignments (or new leasing arrangements) and/or loan assumptions.

Closing - This is the point at which you can be assured that you have realized your goal of buying a business - the sale process is completed. The drafting of the closing documents are coordinated by us to ensure that they are prepared and tailored to meet the individual needs of each buyer.

Transition Period - This typically involves a period of cooperation in which you will receive assistance from the business seller with training and in effectuating a "seamless" transition. During this period you will be introduced to all key relationships and receive any proprietary information needed to successfully operate the business. This is a very important piece of the entire process and the time required varies from business to business and market to market.

Quantum™ Fee Structure

Our fee for representing the buyer interested in buying a business is determined in the following manner:

Proposed purchase price of new business for sale: To be determined.

Quantum’s entire compensation shall be five (5) percent of the acquisition price
In the event Quantum participates in a "shared listing" with Seller’s Broker and Seller’s Broker agrees to cooperate with Quantum, Quantum’s entire compensation as provided above shall be reduced by the compensation which Quantum derives from the shared listing (which is usually 5 percent). Since we are able to share in most business for sale listings that we pursue on your behalf, our entire compensation is typically covered through the shared listing arrangement resulting in no cost to you.

If interested, we can send you a New Buyer Profile form to complete, which is the next step in the process.