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Buy A Business

Existing businesses or franchises

Buying an existing business or franchise is less risky than starting from scratch. You either take over the seller’s operation with an existing customer base and positive cash flow, or you have an operations manual from your franchisor with proven procedures, systems and policies. The downside is that buying a business is often more costly than building your own from scratch.

Our business advisors can assist you with your business purchase in several ways:

  • Guide your decision in choosing the right business--one that best matches your interests, skills, experience, and budget
  • Examine the business you are considering and help you understand why the business is for sale and how to evaluate its market value
  • Explain the role of a broker, banker, accountant, and attorney in your acquisition process and how to utilize their professional services in the negotiation and due diligence process
  • Provide advice on closing the deal and transitioning ownership

If you are in the process of buying a franchise or business, please complete our online Request Assistance form and be sure to select "Buy/Sell a Business" in the assistance sought section. Someone will then be in touch with you to discuss the business and your needs.

Updated 10/29/2010 12:43:56 PM | B. Johnson

The Delaware SBDC, a unit of the University of Delaware's Office of Economic Innovation and Partnerships (OEIP), is funded in part through a $777,777 cooperative agreement with the U.S. Small Business Administration (SBA). This is matched by an equal amount of non-federal funds, from entities including the State of Delaware. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA or other sponsoring agencies. All programs and services are extended to the public on a nondiscriminatory basis. As equal opportunity/affirmative action employers, the SBA, the University of Delaware, and the State of Delaware are all committed to assuring equal opportunity to all persons. The University of Delaware is an equal opportunity/action employer and Title IX institution. For the University’s complete non-discrimination statement, please visit http://udel.edu/home/legal-notices.