Frequently Asked Questions
For Buyers
Once you log in to your account, you can start browsing businesses listed for sale. Use our search filters to narrow down the listings based on industry, location, price, and other criteria that are important to you. Each listing provides detailed business information, including financials, so you can make an informed decision.
You can use the search bar at the top of the page to enter keywords related to the business type you’re looking for. Additionally, you can apply filters such as industry, location, price range, and business size to find the best options for your needs.
Once you find a business you’re interested in, you can contact the seller directly through our secure messaging system. After reviewing the listing, simply click the "Contact Seller" button, and you’ll be able to send a message to the seller.
Yes, once you’ve contacted the seller, you can discuss the terms of the sale, including the price. Buyers are encouraged to make offers and negotiate the price directly with the seller through our platform’s messaging system.
While it’s not mandatory, we highly recommend that buyers request a professional valuation before making an offer. Our platform provides access to business valuation services, which can help you assess the true value of a business based on market trends and financial performance.
Our platform helps facilitate the initial process, but it is essential for buyers to conduct thorough due diligence. This includes reviewing financial documents, checking business operations, and consulting legal and financial advisors. You can also request a business audit or valuation to verify the information.
To ensure that the business is priced fairly, we recommend requesting a professional valuation. You can also review the financial history and performance outlined in the business listing to assess whether the asking price aligns with the market value of similar businesses.
Once you’ve contacted the seller and reviewed the business details, you can begin negotiating the price and terms of the sale. We recommend having an open and honest discussion with the seller about the business’s value, your budget, and any concerns. If needed, you can request advice from a business broker or legal expert.
Yes, it’s a good idea to visit the business in person before finalizing the deal. This allows you to see the business operations, ask the seller questions, and ensure that the listing matches the reality of the business.
After you make an offer and the seller accepts, you will need to negotiate and finalize the terms of the sale. This includes signing contracts, arranging payments, and completing any legal and financial processes required for transferring ownership. We recommend seeking advice from business brokers, accountants, and lawyers to ensure everything is in order.
While not mandatory, it is highly recommended to engage a business broker or lawyer to assist in the purchasing process. They can help you with negotiations, contracts, and ensuring that all legal and financial matters are properly handled.
Yes, financing options may be available through banks, private lenders, or other financial institutions. You may also consider business loans or investor funding. We recommend speaking with financial advisors to explore the best financing options for your situation.
In addition to the purchase price, there may be additional fees related to the transaction, such as legal fees, due diligence costs, business valuation fees, and possible taxes. It’s important to factor these costs into your budget when considering a business purchase.
Once the terms are agreed upon, you’ll work with the seller and, if necessary, a broker or lawyer to finalize the transaction. This typically involves signing an agreement, making the payment, and transferring ownership. Our platform can help facilitate communication, but we recommend handling the legal and financial processes with the help of professionals.
After completing the purchase, you’ll take ownership of the business. This includes transferring assets, licenses, and other legal obligations. You should work closely with the seller to ensure a smooth transition and continue operating the business successfully.
For Sellers
To register as a seller, simply create an account on Private Business by signing up with your email address. Once your account is created, you can select a package and start listing your business for sale. You will need to provide information such as business details, financials, and more.
We offer multiple packages based on your needs. The first 30 days are free with every package, allowing you to test the platform. After that, you can choose a plan that best suits you. Each plan offers different levels of visibility and additional features for your listing. You can find detailed information on the available plans on our website or contact our support team for assistance.
Yes, all business listings require admin approval before they go live on the platform. This process ensures that your business meets our guidelines and that all provided information is accurate. Once approved, your listing will be published and visible to potential buyers.
You can edit your business listing as many times as you like. There are no limitations on the number of edits you can make. We encourage you to update your listing whenever necessary to ensure it reflects the most up-to-date and accurate information about your business.
Yes, the first 30 days are free with every package. This allows you to test out the platform and get your business listed without any cost. After the first 30 days, you can choose to continue with a paid plan based on your needs and preferences.
After the first 30 days, you will need to select a paid plan to continue listing your business on the platform. The plan you choose will depend on the features and visibility you need for your business. You can find more details on available plans from Google or on our website.
Yes, you can get more details about the available plans on our website. Each plan is designed to offer different levels of visibility and services. You can also contact our support team for assistance in choosing the best plan for your business.
Yes, you can list any type of business for sale, as long as it complies with our guidelines and policies. We accept businesses from a variety of industries, including retail, hospitality, franchises, and more. If you are unsure whether your business qualifies, please contact our support team for clarification.
Once your business listing is live, you can track its performance directly from your account dashboard. You’ll be able to see how many people have viewed your listing, how many inquiries you’ve received, and other relevant metrics to help you gauge interest in your business.
Yes, you can list multiple businesses for sale on the platform. You’ll need to create separate listings for each business, and each will be subject to the same process of admin approval and plan selection.
If your business is no longer for sale, you can deactivate your listing at any time through your account dashboard. You can also contact our support team to assist with the removal of your listing.
For Broker
To register as a broker, create an account by signing up with your email address. After registration, you'll need to complete your broker profile and provide any relevant details about your services. Once your account is verified, you can start listing businesses and assisting buyers and sellers on our platform.
Brokers can assist buyers and sellers with various services, including business valuations, pricing recommendations, and facilitating negotiations. You can also help with due diligence, legal documentation, and guiding clients through the entire buying or selling process. Brokers can list businesses for sale and connect with potential buyers or investors on the platform.
Brokers can list businesses for sale under different plans. The first 30 days are free with every package, allowing brokers to get started without any upfront costs. After the free period, brokers can choose a plan that suits their business. Each plan comes with different features such as listing visibility and promotional options.
Yes, brokers can list multiple businesses for sale. You will need to create separate listings for each business, and each listing will be subject to the platform’s approval process. You can also track the performance of each listing through your account dashboard.
Yes, all business listings created by brokers must be approved by our admin team before they go live. This ensures the information provided is accurate and meets our platform guidelines. Once approved, your listing will be published for potential buyers to view.
Brokers can help sellers by creating effective and accurate listings for their businesses. This includes advising on pricing, writing detailed descriptions, providing financial analysis, and offering tips for improving the visibility of the listing. Brokers can also help sellers prepare for negotiations and finalize the sale.
Yes, brokers can negotiate on behalf of both buyers and sellers. They facilitate discussions between the parties, helping them reach an agreement on the price and terms of the sale. Brokers may also assist with structuring the deal, ensuring that both parties are satisfied with the terms before finalizing the transaction.
Brokers typically get paid through a commission or flat fee, depending on the agreement with their clients. You can set your own fees for providing services such as business valuations, facilitating negotiations, or assisting with the closing of the sale. Payment terms should be agreed upon with your clients before starting the process.
Brokers can manage multiple business listings from their account dashboard. You can track the performance of each listing, edit or update details as necessary, and receive notifications when a potential buyer expresses interest. The platform also allows brokers to contact buyers and sellers directly through a secure messaging system.
Yes, brokers can work with buyers who are interested in exploring multiple business options. You can help buyers evaluate different businesses, provide information on potential investments, and guide them through the decision-making process. You can also assist with negotiations and ensure that buyers get the best deal based on their preferences and budget.
If you need support as a broker, you can contact our dedicated broker support team via email or through the contact form on the platform. We are here to assist with any questions about listing businesses, using the platform, or navigating the buying and selling process. Our team is ready to help you maximize your success on Private Business.
For Agency
To register as an agency, create an account by signing up with your email address. Once registered, you'll need to complete your agency profile and provide any relevant information about the services you offer. After your account is approved, you can begin listing businesses, assisting clients with buying and selling, and managing multiple listings.
Agencies can offer a range of services including business brokerage, marketing, business valuations, negotiating deals, and managing listings. Agencies can also assist clients with business operations, legal advice, and financing options. Agencies can list multiple businesses for sale, help buyers find the right businesses, and guide them through the entire process.
Yes, agencies can list as many businesses as they want on the platform. You can manage multiple business listings through your agency account, and each listing will go through the approval process. Once approved, you can track the performance of each listing from your dashboard.
All listings submitted by agencies are subject to an approval process to ensure they meet our platform's guidelines. Our admin team will review the business details provided, and once approved, your listings will go live. The approval process typically takes 24-48 hours.
Yes, we offer special plans tailored for agencies. These plans come with additional features such as priority listing visibility, bulk listing options, and advanced marketing tools. Contact our support team or visit the "Pricing" page to explore these options and find the best plan that suits your agency's needs.
Yes, agencies can manage multiple client accounts and listings from a single dashboard. This allows you to oversee the entire process for each client, from listing their business to finding buyers and negotiating the sale. Agencies can also keep track of client communications and offer personalized services.
As an agency, you can track the performance of each business listing through your dashboard. You will have access to data such as the number of views, inquiries, and interactions with each listing. This helps you evaluate which listings are performing well and make adjustments as needed to optimize results.
Yes, agencies can offer additional services such as business valuations, marketing, and advertising packages to help clients get the most out of their listings. You can create customized packages to suit the needs of your clients, ensuring they receive the best exposure and support throughout the selling process.
Agencies can charge clients through commission-based models, flat fees, or customized packages for services rendered. Payment terms should be agreed upon with clients beforehand. Once a sale is completed, the agency can receive payment based on the agreed terms.
Agencies can assist in drafting and reviewing legal documents such as sales agreements, non-disclosure agreements (NDAs), and other contracts involved in the buying and selling process. We recommend working with legal professionals to ensure that all documents comply with local regulations and protect the interests of your clients.
Yes, agencies can work with both local and international buyers and sellers. You can list businesses located in different countries and connect with buyers who are looking to invest internationally. However, it's important to understand the legal and regulatory requirements of cross-border transactions, so we recommend consulting with international legal experts when needed.
Agencies can contact our dedicated support team via email, phone, or through the contact form on the platform. We offer assistance with account management, listing creation, troubleshooting, and any other queries you may have. Our goal is to help you make the most out of your experience on Private Business.