What you need to make sure before buying a store : Legal "cleanliness" of the store and the seller himself. (This is generally the very first step in buying any business.)
Thorough accounting and financial review of all trade transactions and administrative documentation. (The success and profitability of the store must be documented, and not only exist in the words of the seller.)
Find out the legal status of the retail space. If the area of the store is rented, then collect information about the landlord and talk to him personally. Ideally, sign a written document with him (for example, a letter of intent), which will record the consent of the owner of the premises to extend the lease of commercial real estate on the same terms as for the current tenant. (You must make sure in advance of the reliability of the owner of the retail space and his intention to extend the lease.)
Analyze the location of the store in terms of the demand for goods, the presence of a number of competitors, potential growth in customer traffic. (The importance of assessing development prospects is no less important than previous trading indicators.)
Find out what is the basis for attracting buyers. (Favorable conditions and low prices, promotions, the personal factor of the owner of the store or staff. The latter should be given special attention. Because if the success of a store is strongly tied to the personality of its previous owner, then after the change of owner problems may arise.)
Scrupulously double-check the inventory balances in the warehouse. Make sure they are up to date and in line with the current market price. More here - https://www.worldbank.org/
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