A Checklist for Buying a Shop
- Price: £3.60
- Published: June 2017
- Type: Business Information Factsheet
- Format: PDF
Buying a shop as a going concern can have advantages for a new business owner. If the previous owner has been successful, there should be a guaranteed customer base that can be built on, trained staff and recommended suppliers that the new owner can work with straightaway. However, buying an established business can be costly and carries significant risk.
This factsheet explains where existing shops are advertised for sale and provides a checklist of factors to consider when deciding whether to buy a particular shop.