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Business & Property

Buying a Business

Buying a Business

What is involved in buying a business?


  • Are these premises to trade from?
  • Are they suitable and in good repair?
  • What is the rent? Is it likely to increase in the near future?
  • Are there any other costs involved?
  • Will the landlord allow them to be transferred?

Fixtures and Fittings

  • Make a list of what equipment is used at the premises
  • Who owns them?
  • Is there any loan or hire purchase finance owed on them?


  • Will the name of the business be included in the sale?
  • Will the seller set up in competition nearby?
  • What about customer lists?


  • Who works there now?
  • What hours do they work?
  • What are the future plans for the business?


  • Will they supply a new owner?
  • Are there any specialised suppliers who are essential to the business?

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