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Congratulations:
You are one step above your search for suitable business.
What you need to know about
the business are the following factors: - |
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Due diligence items |
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1 |
Most recent Sales figures,
IN and OUT, (in case of a fuel service station), as well as the Loss and
Profit Statements supported by Tax returns, Sales tax and Purchase
vouchers. |
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2 |
What kind of Fuel Supply
Agreement is attached to the deal. |
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3 |
How old and what kind of
Fuel Tanks are available. |
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4 |
What are the maintenance
issues with the business. |
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5 |
What is the potential to
grow. |
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6 |
If financial data is not
available on-site operations review for one week. |
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We will provide you with
all the above data and in some cases on site, but before asking for the
above information, you should know, its highly confidential data.
Therefore, our company policy is to provide standard information upfront,
but for unlimited access to the data related to that business, you have to
provide the following documentation: - |
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A |
Confidentiality Agreement (Click
for details) |
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B |
Financial Stability
documentation. (Either details about the other business owned by you at
this time or Cash in hand supported by the bank statement "you can delete
the account number on it" or pre-approval letter from your financial
institution. |
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C |
Experience in retail
business which can be certified. |
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D |
Client's Consultation
Agreement. |
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After Locating the Site
Acquisition Process
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1 |
Collecting data from the
sellers |
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2 |
Data is analyzed by
acquisition Consultant - Licensed Broker and financial Consultant (CPA). |
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3 |
Data is forwarded to
Licensed (CPA) Auditing Company for Professional Review and Advice. |
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4 |
Professionals appraise
business and real estate. |
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5 |
The Legal Documentation is
reviewed by an Attorney at Law, Licensed in the State. |
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6 |
Final offer is negotiated
with the Seller |
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7 |
On acceptance the Mortgage
company / Bank is negotiated for available options and interest rate. |
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8 |
If bank loan is not
available, to look into private funding options |
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9 |
For (3) Three weeks a
Retail Couch and consultant is provided to help Training and set up the
successful Infrastructure of the business. |
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If you have any questions, please call,
text or email to following:-
Tel & Text: (937) 470-9400 : Email: habib@igsoa.com
Or
Visit: www.ohiopetroleum.net / www.igsoa.com
Note:
(No hidden or out of pocket costs - All the costs are included in the Fee
agreement) |