Buy A Business With Chelsea Corporate

Buy an off-market business in the UK with Chelsea Corporate. Our unrivalled client services, indepth analysis of every opportunity and the most extensive database of business owners looking to sell in the UK makes us the perfect choice to broker your business acquisition.

Speak To A Business Acquisition Specialist

Simply fill in the form below to book a free, no obligation consultation with one of our business acquisition specialists. 

    Our Recent Clients

    Off Market Businesses Available to Buy

    Below is a small segment of the available businesses we are able to facilitate the purchase of. If any of the below businesses are of interest to you please don’t hesitate to get in touch.

    Tax Practice

    Turnover: £6M Industry: Accounting Number of employees: 40-50 Contact: alan@chelseacorporate.com   A unique

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    Experienced Business Brokers

    Here at Chelsea Corporate, our team of dedicated business brokers work to pair prospective buyers with the best business opportunity. Whether you’re looking for any commercial property with a certain annual turnover, or if you’re looking for specific kinds of businesses for sale, our experienced team is here to help.

    We work with a wide range of buyers and people selling businesses, and our blue-chip client base means all the business opportunities we broker have the potential to be extremely profitable commercial enterprises.

    Whether you’re looking for a London business, a town centre business in an accessible setting, or you need to find businesses which can be operated from anywhere, get in touch with our business brokers today.

    Frequently Asked Questions

    Chelsea Corporate is one of the UK’s leading providers of business brokerage services. Our specialist team works on both the buyer and seller sides of business brokerage, allowing us to deliver the best possible deal for all our clients.

    As part of our service, we make sure that you are fully aware of what you’re buying, including every debt, asset and employee within the business. That means, once you’ve signed on the dotted line, there are no nasty surprises waiting for you.

    Whatever kind of business you’re looking to buy, whether it’s a local business, a national company or even an international business, our experienced team are here to help. We provide full support throughout the process, and will do everything in our power to streamline the purchase, helping you to take over your new business as soon as possible.

    If you’re looking to buy a small business in the UK, the best thing to do is to go through a professional business broker. Here at Chelsea Corporate, we can guide you through the entire process, and even help you to identify potential issues or problems when purchasing a business. Thanks to our many years’ experience, industry-standing and wide range of clients and businesses for sale, we can help you to find the perfect small business for purchase.

    The amount of time it takes to purchase a business depends on a range of factors. These can include the size of the business, its location, and the negotiations between you and the seller.

    As a general rule of thumb, it can take anywhere from a few weeks to several months to buy a business. However, our team at Chelsea Corporate has a wealth of experience in business acquisitions, meaning we can often streamline the process and help you to acquire the perfect business for you as quickly as possible.

    If you want to buy a business – either one that we have listed, or one that is currently off-market, you need to talk to a professional business broker. Here at Chelsea Corporate, we have many years’ experience when it comes to selling and buying businesses of all kinds.

    For more information on how to purchase a business, or even find a business that might not currently be listed for sale, talk to our experienced team today. We offer a no-obligation consultation to help get the ball rolling, and start you on your way to purchasing your new a business.

    The documents you’ll need can vary depending on the industry, size and location of the business that you intend to purchase. Generally, you’ll need a copy of the following documents before you should purchase any kind of business:

    • A business plan
    • Financial statements for the past three years
    • Tax returns for the past three years
    • A list of current and previous customers
    • A list of suppliers
    • Documentation relating to any outstanding loans or debts
    • The business’ Articles of Incorporation (if it’s a corporation)
    • The business’ bylaws (if it’s a corporation)
    • A list of current employees and their job descriptions
    • Copies of any leases or contracts the business is currently bound by
    • Any patents, copyrights or trademarks held by the business

     

    For more information on the specific documents you might need in order to purchase a business in the UK, don’t hesitate to get in touch with our experienced team today.

    There’s no simple answer to how much a business usually sells for. There are dozens of different factors which go into valuing a business for sale. These include:

    • Annual Turnover
    • The Setting or Location of The Business
    • The Business’ Assets (Including IPs, Commercial Property, Equipment, Vehicles, etc)
    • The Training or Knowledge Required to Run The Business
    • A Business’ Employees (And Their Skillsets)
    • The Company’s Branding, Reputation and Goodwill

    There are dozens of things a buyer should look for when they’re looking to purchase a business. These include:

    • Fantastic Potential – When buying a business, there typically needs to be a good reason for it. However, that potential can take a range of forms. For example, if you’re looking to expand an existing business in your local area, it’s typically better to buy a fairly local business. Each business buyer will see different levels of potential in a business, depending on their own experience, assets and abilities.
    • Annual Turnover – A business with a low annual turnover is often much easier to manage than one with a high annual turnover. If you’re looking for a business that will provide you with a good return on investment, it’s important to look for one with high potential future earnings. Fortunately, our team can help you to identify these businesses.
    • Employees – One of the most important things to consider when buying a business is the staff. After all, they will be responsible for keeping the business running on a day-to-day basis. If you’re looking for a business with a good team in place, that’s something our team can help you with.
    • The Premises – The location of the business is also important, especially if you’re looking to buy a brick-and-mortar business. If you’re looking for a business that can be easily relocated, that’s something our team can help you with.
    • The Asking Price – Finally, it’s important to consider the asking price of the business. In many cases, the asking price will be negotiable, so it’s important to talk to our team about this. These are just a few of the things you should look for when you’re buying a business. Of course, our team can help you with all of these things, and we’ll be more than happy to answer any questions you have.

    Although we’re based in London, Chelsea Corporate work with businesses and individuals across the world to find and broker the best business deals. Whether you’re looking to buy a UK business, based in Scotland, Greater Manchester, London or anywhere else in the UK, or an international business in a highly desirable setting (inside the EU or out), our experienced team can help.

    We have extensive experience when it comes to brokering and advising on international business sales, so whether you’re looking to sell or buy a new enterprise, our dedicated, professional team are here for you.

    One of the most common questions asked is whether buying a business is a good idea as a complete beginner. Perhaps you’ve never owned a business before and would like to move away from a regular job and do something more exciting.

    Unfortunately, the sensible answer is that this is normally a bad idea, and for several reasons:

    • Your competitors will be at home in the industry and know far more about it than you. While you’re still learning the ropes, they will be implementing strategies you haven’t even heard about.
    • You may fall foul of regulatory issues unless you hire outside help like a broker or a lawyer. This represents a significant hurdle to entry to the market.
    • Buying a profitable business is expensive. You will have to work through initial costs and/or debt from the acquisition until the business can make you significant money (an issue you may not face should you start your own business).

    As brokers, we would advice you to think very carefully before buying a business as a complete beginner.

    You don’t need a licence to buy a business from somebody. But you may need a licence to run it.

    Take a pub as a simple example. You need a licence to be able to serve alcoholic drinks. According to Gov.UK, premises licensed to sell alcohol must have a designated premises supervisor, and that supervisor has to have a personal license. Other businesses that require licences include childcare, pet breeding, gambling services, taxi driving, running a business that serves food and lots, lots more. If you don’t have one of these licences/can’t employ somebody who does, then you shouldn’t buy a business in that industry.

    It is possible to buy a business with no money. It’s common for mergers and acquisitions to be made on the basis of finance. There are several forms of finance you can use: bank loans, crowdfunding campaigns, seller finance and more. Like all forms of finance, finance for buying a business depends on your credit, and you may be turned away by lenders based on your credit history.

    Whether finance is the right option for you depends on your circumstances. As a specialist off-market broker, our job is to find, vet and approach businesses for potential buyers, not to advise on finance decisions. This is a decision to be made with the utmost care, preferably with the assistance of a financial advisor of some kind.

    It is possible to buy a business if you have bad credit, in one of two ways.

    One way is to buy a business outright. If you have enough money in the bank to meet the seller’s asking price, then bad credit (and good credit, for that matter) is immaterial. This, of course, is not an option for everyone.

    It may also be possible to find finance through a more accepting lender. Be careful, though, as lenders for people with bad credit will likely charge a high interest rate.

    Again, it is possible to buy a business outright if you have the money in the bank to do so. When paying outright your credit rating and/or debt have no bearing on the deal.

    What will be more difficult is to find finance for your acquisition. Not only will it be more difficult, but it’s likely not a good decision either (although this depends on your unique circumstances). Talk to a financial advisor to ascertain the best course of action.

    Again, it is possible to buy a business outright if you have the money in the bank to do so. When paying outright your credit rating and/or debt have no bearing on the deal.

    What will be more difficult is to find finance for your acquisition. Not only will it be more difficult, but it’s likely not a good decision either (although this depends on your unique circumstances). Talk to a financial advisor to ascertain the best course of action.

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