CONFIDENTIAL BUYER PROFILE
Please complete and fax to (916) 244-0109. For Questions Office Number: 916-273-3857
Date _______________ How did you hear about us? _________________________________
Contact Information:
Buyer Name __________________________________Spouse/Partner ________________________
Buyer Address _______________________________ (City) ______________(State/Zip) ___________
Wk Phone__________________ Hm Phone _____________________ Cell Phone ___________________
Email (Please write clearly)________________________________________Fax____________________
Background Information:
Exactly what business(s) are you calling on? _____________________________________________________
(Important) What do you do now? ________________________________________________
Types of businesses you have owned? ______________________________________________________
Please give a summary of your background.
_______________________________________________________________________________________________
_______________________________________________________________________________________________
What is motivating you to buy? __________________________________________________________
When do you want to take possession of a business? _________________________________________________
What types of businesses would you consider owning? ______________________________________________
How many months have you been looking?______ What have you looked at__________________________
Overall, what is your level of commitment in closing within 1-2 months on a business that you like?
Very committed _____ Somewhat committed______ Less committed_____
Financial Information: ( Please be thorough. This will help determine the size of businesses shown )
What is your Net Worth? (Use worksheet below to help determine) $________________________
How much capital can you come up with in the next 30 days without having to borrow from other sources? In other words, what
is the maximum amount you can get liquid from your net worth within 30 days if you wanted to? $_________________
How much capital do you prefer to put down? $________________
How much capital will you have for working expenses? $________________
Sources of Capital? Cash (bank, Home, CD, IRA, money market)$________________________________
Minimum Annual income needs first year? __________ Second year? ______________
Who, other than yourself, will be involved in the purchase decision and/or operation? __________________
How much time will you have to operate the business? (full time, part time, absentee) __________________
When we find a business that suits you, how many weeks before you can take possession? ________________
FINANCIAL STATEMENT ( Worksheet )
**FOR BUSINESS VR BUSINESS BROKERS INTERNAL USE ONLY**
ASSETS DOLLARS LIABILITIES DOLLARS
CASH MORTGAGE ON HOME
ACCOUNT RECEIVABLES 2ND MORTGAGE ON HOME
STOCKS/BONDS TOTHER REAL ESTATE
HOME AUTOMOBILES
OTHER REAL ESTATE NOTES PAYABLE
OTHER ASSETS TAXES DUE
CASH VALUE LIFE INS. CREDIT CARD BALANCES
AUTOMOBILES OTHER
IRA
TOTAL ASSETS TOTAL LIABILITIES
TOTAL NET WORTH
(assets minus liabilities)
NON-DISCLOSURE AGREEMENT
Our agreement with the Seller requires that we obtain a Non-Disclosure and evidence of financial ability before disclosing the name and location of
his/her business. This information will be kept confidential.
In consideration of the broker, Bluestone Business Group, Inc. ("Broker") providing the information on businesses for sale, I/we understand and agree:
1. (a) That any information provided on any business is sensitive and confidential, and that its disclosure to others may be damaging to the businesses and their owners.
(b) Not to disclose, for a period of three years from the date I/we sign this Non-Disclosure Agreement, any information regarding these businesses to any other person who has not also signed this Agreement, except to secure the advice and recommendations of my hired professionals(accountants or attorneys). "Information" as used in this Agreement shall include the fact that the businesses are for sale, plus any other data provided. The undersigned understands that we monitor the use and transmission of all "pictures and other electronic data' and that these media are not to be forwarded to any party without the expressed written consent of the Broker. If we notice it has been forwarded without approval, the Broker will take immediate legal action for each event. We agree not to contact the business owners or their landlords, employees, suppliers or customers except through Broker. All correspondence, inquiries, offers to purchase and negotiations relating to the purchase or lease of any business presented by Broker will be conducted exclusively through Broker for (4 ) years following the date of this agreement or we may be liable for the commission due to the broker.
(C) Not to circumvent or interfere with Broker's contract with the Seller in any way, I/we understand that if I/we interfere with Broker's contract right to its fee from Seller, I/we will be personally liable to Broker for payment of the Seller's for 100%of the contracted commission plus legal costs. We understand that should I/we become a manager or otherwise connected with any of the businesses shown or offered to me/us for sale, or should I/we buy, trade, lease or exchange any of the businesses disclosed to me/us, then a full commission will be paid to the Broker directly by the buyer. I/we understand that if I/we make the purchase through Broker, I/we will not be liable for the fee as it is paid by Seller. Further, if the buyerpurchases any business that the broker presented to the buyer within (4) years following the date of this agreement, then the buyer will he responsible for 100% of the listing agreement commission, if the listing agreement with the seller has expired.
2. That all information regarding businesses for sale is provided by the Seller or other sources and is not verified in any way by Broker. Broker has no knowledge of the accuracy of said information and makes no warranty, express or implied, as to the accuracy of such information. Understandingthat, the buyer shall make an independent verification of said information prior to entering into an agreement to purchase any business. I/we agreethat the Broker is not responsible for the accuracy of any of the information I/we receive or fail to receive, and I/we agree to indemnify and holdBroker and its agents harmless from any claims or damages which may occur by reason of the inaccuracy or incompleteness of any information provided to me/us with respect to any business I/we might purchase.
3. That should I/we enter into an agreement to purchase a business, I/we will provide actual financial statements to verify funds and a personal and business history, and I/we authorize the Seller to obtain through standard reporting agencies financial and credit information about me/us or the companies I/we represent.
4. That Broker is not an agent for the buyer, but is an agent for the Seller and has a contract providing for a fee to be paid to Broker by Seller uponsale, trade, lease or transfer of Seller's business or property. Also, I/we understand that the Broker has advised me to seek professional tax andlegal advice before entering into a contract to purchase any business he represents as the Broker cannot and does not give legal or tax advice.
I/we acknowledge that I/we have received an exact copy of this Agreement and that I/we have read this Agreement carefully and fully understand it. I/we also attest that the name provided below is my own and that if is determined otherwise, again legal action will be taken. By signing below you certify that you are who you say you are and misrepresentation of your name of occupation can also result in legal action.
Signature Date Signature Date
Name (Please Print) Name (Please Print)
Res# Offc# Res# Offc#
Bluestone Business Group,Inc.
650 University Ave. Suite 109
Sacramento CA 95825
City State Zip
Agent for VR Broker
Please fax this document back to 916-244-0109