Stepping into the Light
Some find it easy to find operations for sale. The hard part is finding the right facility, agency, or practice that fits your needs and practice skill set that you qualify to purchase. Most can qualify to buy a house; few may qualify to buy an operation. We discuss below the criteria for having a successful buying experience.
THE BUYING PROCESS
Today, there are many websites that list businesses for sale. These sites provide a general description of the businesses and the asking prices and terms. That's the easy part. Now for the hard part - the part that matters. How do you know if this facility, agency, or practice is right for you? How do you know you will qualify to buy it? Is the price right? Can you successfully run and grow it? Will a lender approve a loan for you to buy this operation? Crimson Cardinal Healthcare Intermediary provides an in-depth process to ensure buyers find the right facility, agency, or practice. Our process includes these steps:
Buyer Assessment Questionnaire
Buyer Experience and Financial Pre-qualification
Execute a Buyer's Representative Agreement with Crimson Cardinal Healthcare Intermediary
Buyer Strategic Profile to Acquire an Operation
Screen Prospective Operations and developing offers
Execute an Asset Purchase Agreement (in most cases) with contingencies
Buyer's Due Diligence
Assist Buyer in Finding Loan Funding
Close the transaction
Having a successful buying transaction requires a team of experienced, dedicated professionals. Crimson Cardinal Healthcare Intermediary has the market knowledge and professional network to make your deal a success.