With the varying sizes of businesses, each will require a different level of investment to buy a business. However, it is a general rule that a down payment of 15% or more of the total selling price be required, but if the seller is willing to hold a note this 15% requirement will usually be higher.
The purpose of this down payment is to reassure the seller that the buyer is interested and serious about investing in their business. We understand that buying a business is a very large financial investment, and the associates at George and Company will work with you to make the buying process as stress free as possible. Contact us today to schedule a confidential consultation.