34119 W. 12 Mile Road, Suite 203 Farmington Hills, MI 48331
Businesses for Sale in Michigan:
To buy or sell a business or franchise in Michigan, call:
(248) 855 6767
Oakland County, Michigan
Gross Sales: $800,000 + $8,000 lottery commission
Cash Flow: TBD
Business Price: $325,000
Down Payment: $150,000
Genesee County, Michigan
Gross Sales: $369,000
Cash Flow: $50,000
Business Price: $200,000
Down Payment: $75,000
Genesee County, Michigan
Business owners have become entrepreneurs by starting a business, inheriting a family business, or buying an existing business. Starting a business can be a much more risky proposition. While many start-up businesses do succeed and flourish, up to 1/2 of the start-up businesses fail during their early years.
Buying an existing business offers the buyer an advantage over staring a new business. The buyer will have the opportunity to examine the financial history of the existing business to determine the cash flow available to the business owner. Of course, by the time a business becomes for sale, many business Sellers have lost some of their motivation and enthusiasm to aggressively market the products or services their businesses offer and their desire to create and implement new and innovative ideas that successful businesses require. This loss of motivation may impact the profitability of the business. Motivation is actually a very important element to the business owner's success. Indeed, successful entrepreneurs continuously seek ways to improve their businesses. A buyer of an existing business should be very enthusiastic about the prospect of the business they are buying and have many ideas of how to actually improve the business.
Capital 1 Commercial Group, Inc. seeks to counsel its potential buyers to determine if they have the required desire, self-confidence, resources and drive to become successful
entrepreneurs. Usually, related experience in a similar industry that the buyer is considering is helpful. However, many first time buyers in a particular industry achieve a high level of success as well. Many first time buyers consider buying a franchised business because of the training, marketing, name recognition and on-going support that a franchised business may offer. Also, since the buyer will likely own the business they are considering buying for many years, it is also important the potential buyer actually enjoy the business they are considering buying.
If you are considering buying a business, call Capital 1 Commercial Group, Inc. Because we are the largest business brokerage company in the State of Michigan, we maintain well over 100 business listings at all times. Let's see if we have the right business for you!