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Information & Service Available
to Buyers.
Meridian Corporation requires that all potential buyers register with
us. This registration will allow you to describe to us, your preferred
area of business sectors, your expertise, size and price range of the
business you are looking for. The registration process also allows you
access to the current business opportunities that Meridian Corporation
has available. This access provides you, the potential buyer, with the
following:
Business Profile:
As a registered buyer, you may now receive updates on businesses that
meet your specific criteria through the mailing of our Business Profile.
This one page Business Profile provides you with information you need
to determine if this is a business you would like to research further.
Business Overview:
This Overview requires a signed Confidentiality Agreement by the buyer.
As you narrow down which businesses you would like to receive more comprehensive
information on, we will provide you with a Confidential Business Overview.
Depending on the business and the client, this report may include detailed
information on the business, its history, products and services, facilities,
improvements, equipment list, financial history, forecasted cash flow,
and a summary of market conditions and competition.
Buyer Representation:
This type of representation will require a non-refundable retainer fee
in the range of $5,000.00 to $15,000.000 which will be deducted from commission
at the time of the closing. Meridian Corporation represents the seller
in the majority of business transactions however; we can also offer representation
to buyers on an exclusive and confidential basis. As with sellers, we
will work with the buyer on a commission basis, usually in the 5% to 10
% range of the purchase price. Using the latest data base, we will conduct
a search targeting companies that fit your buying criteria and make confidential
inquiries into these businesses on the buyer’s behalf. We will negotiate
on the buyer’s behalf, prepare a Letter of Intent, and obtain necessary
documentation for due diligence and co-ordinate with the buyer’s
lawyer. Our Buyer Agency Agreement will spell out the details of the search
criteria and the terms and conditions of our agreement.
Other Professionals:
Meridian Corporation has established excellent business relationships
with several financial institutions, law firms, and accounting firms.
We recommend that you seek the advice and counsel of these professionals
before buying a business. We will be happy to recommend the right professional
to suit your needs.
If you have any questions or would like to learn more about these services,
please email us at ezendek@meridiancorp.com or telephone us at 416-657-2560. |
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