[Sholom Patterson]

Sholom Patterson

Hi everyone,

I have 2 interested parties, one wanting to sell their business, willing to owner finance, and one interested in buying, certainly with owner financing.

I’m thinking to buy for one price and sell at the same +100k, get cash flow off the difference.

How can I structure this deal? Can I use an option? How would I pin down a business so that it can be securely sold and I can gain cash flow for my troubles?

Any help would be much appreciated.

Shalom

[Bill Cook]

Bill Cook

Shalom,

Unless you really understand the business you are buying, don’t buy it.

instead, acquire an Option to buy the business. Secure promise to the property (if the business owner owns the property. If not, will business owner allow you to attached to other property he/she owns?

Then go to the business buyer, assign your option, and get paid an Option Assignment Fee. Much safer structure than buying the business.

Bill Cook
770-815-8727