How Do You Buy a Gift Basket Business?

April 8, 2009 · Filed Under Buying a Business/Selling Your Business 

how do you buy a gift basket businessNot all businesses closing shop are ending because of poor management or slow sales.

Sometimes the owner is ready to retire, and rather than close outright, they prefer to sell the inventory and client list to a buyer.

Since 1990, I’ve helped about 24 owners successfully make this transition.

What the seller hopes is to find someone with as much passion as they have to take over.

What the buyer wants is a true accounting of the documented information so they can pick up where the seller left off.

There are at least 10 very-important points to review before buying a gift basket business. Do you know what they are?

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