Buying a Business

Buying a Business

Interested in buying a business for sale in the Seattle area as well as all across Washington State? There are coffee shops, restaurants, marijuana businesses and many other opportunities for sale. Whether you are buying your first or fifteenth business, there is much to think about. Buying a business is a major undertaking, and working with one of our professional business brokers ensures that everything is done correctly. We have a large portfolio of businesses for sale which we can confidentially match with qualified Buyers. We provide added service to Buyers through:

  • Confidential and personal meetings — We want to get to know you, shake your hand, and help you find a business that fits your lifestyle, personality, skills, and financial requirements.
  • No obligation — Our brokerage is retained by the Seller so there is no obligation on your part.
  • Buyer financing — Access to the right financing often means the difference between a deal closing and failing. Through contacts and resources in our strategic partnerships we can help you secure financing to buy the business of your dreams.

For the protection of both Buyers and Sellers, we prequalify all Buyers before allowing access to confidential information in our portfolio of businesses for sale. We would also love to meet with you in person! Please contact us so we can build a Buyer profile and be your advocate in finding you the perfect business to buy.

Become a Buyer

KR Business Brokers only works with pre-qualified and motivated buyers. To become a Buyer and access our vast pool of information, resources, and expertise, please complete the form below and we’ll be in contact with you shortly to walk you through becoming a Buyer.

Buy A Business

Independence, freedom, and financial security. Are these real or are they a myth? They can be your greatest dream or your worst nightmare. What can make the difference? Your Business Broker. Over many decades of experience with thousands of potential buyers has given KR Business Brokers a proven system to helping buyers choose, analyze and buy the right business to fir their lifestyle.

Every potential buyer needs to ask themselves the following questions:

  • Should I buy an existing business or start a new one?
  • How much is the down payment?
  • Will the Seller finance the sale of the business?
  • What is the Seller selling?
  • Will the Seller provide training?
  • How much income can the new owner expect?
  • What makes the business unique and special?

KR Business Brokers is prepared to answer these questions and many more in a simple down to earth way that any buyer will understand.

Buying a business is a lifestyle and we want you, the buyer, to be fully knowledgeable, well prepared, and completely comfortable in the purchase of your new business. Our decades of service are built upon a repeat clientele. Therefore, we take great care from the very beginning to ensure your success and happiness in every business venture.

YOUR SUCCESS IS OUR SUCCESS.

“BUSINESS PEOPLE HELPING BUSINESS PEOPLE”

KR Business Brokers represents over 90 significant franchise opportunities ranging from AAMCO Transmissions to United Check Cashing. We have represented hundreds of franchise owners who subsequently transferred their businesses to a new owner. To sell or purchase a new or existing franchise, there are numerous business qualifications, contractual and legal aspects that must be considered and satisfied. We are very familiar and well versed with franchise purchase and sale obstacles. Our vast experience allows us to implement solutions that will help you avoid unnecessary frustration and costly mistakes.

Perhaps a franchised business is right for you. There some excellent advantages to consider including:

  • Start up and ongoing support from your franchisor.
  • Lower failure rate statistically by franchisees compared to independent businesses.
  • Brand name recognition.

We can match you with a franchise that fits your interests, financial requirements and lifestyle. Navigating the vast universe of the thousands of available franchises can be a daunting task. Please contact us and we’ll be your guide.

Buy a Franchise Business for Sale or Start a New Business?

When you decide that you are ready to start your own business in Washington State, it is often difficult to decide if you should start a new business or buy a franchise opportunity. Often, understanding exactly what will be required from you for both options will help you to make the right decision for you and your situation.

The first step is to know exactly what type of business you want to own. Of course you would choose a business that relates to your interests in some way, and you should take the education that you have into account as well. In some cases, if you have little or no business skill, this may strongly influence your decision to buy a franchise opportunity, since many franchise opportunities will teach you most of everything you need to know to run that particular business.

Once you know the type of business that you wish to own, the next step is to find out what franchise opportunities are available to you for that type of business. Once you know what franchise opportunities exist for your type of business, you should find out which of those are already operating in the area you wish to open your business in. In most cases, this will eliminate some franchising opportunities from your list. In order to find franchising opportunity information for the type of business that you wish to start, you can start by checking our Franchise Opportunity Directory.

Get all of the information that you can find about each franchising opportunity that is available to you for the type of business you wish to own. You will want to know what support and training is offered, all costs involved, what rights and responsibilities you have, and what rights and responsibilities the franchisor has. You should also find out how many franchises in each company close down each year – and why.

Whether you are starting a new business or buying a franchise opportunity, there are risks involved. It is important to know the advantages and disadvantages of each option.

The Advantages of Starting a New Business:

  • You don’t have to follow anyone else’s rules. You make your own rules.
  • You don’t have to worry about the franchisor not renewing the agreement later.
  • You don’t have to pay any royalty fees. When you have paid the money required to start your business and deduct your expenses, your profit is your profit.
  • In many cases, you will have lower startup costs.

Disadvantages Of Starting A New Business:

  • You are on your own. There really is no support.
  • You have to know what you are doing. There won’t be anyone to offer you or your employees training.
  • You have to build brand name recognition over a period of time, starting at zero recognition.
  • You can choose your own suppliers for your inventory.

The Advantages of Buying A Franchise Opportunity:

  • You will have a certain amount of training and support for you and your employees.
  • You will have brand name recognition.
  • You will have a guide for running your business that has already proven to be successful.
  • You may have lower inventory prices, since most franchises have agreements with suppliers.

The Disadvantages of Buying A Franchise Opportunity:

  • There will be rules that must be adhered to in regards to how you run your business.
  • The franchisor can choose not to renew your franchise when the franchise agreement expires.
  • In many cases, you will be required to use specific suppliers for your inventory.
  • The startup costs are often higher that starting a new business, especially for big name brands.

There may be other advantages and disadvantages that are specific to the type of business that you wish to start. By examining the advantages and disadvantages of each option, knowing what your own personal situation is, determining what risks you are willing to take, and knowing what options are available to you, it is easier to decide which option is right for you. Contact us if you are looking to purchase a business for sale in the Seattle area as well as the rest of Washington State. Our brokers are here to help guide you and ease the buying process.