How to buy a business

Buying a business can be a daunting task even if you are an experienced entrepreneur

Check out our 8 Step business buying process. 


You have made the decision to get out of your comfort zone by purchasing a business. Owning a business is the greatest way to build wealth and take charge of your own destiny. As one of NZ's leading Business Brokers are our experienced team are available to chat and assist you on this exciting journey.

We recommend meeting in person, however, if that is not possible due to distance, communication by phone, video or email can be effective. The process begins with us gathering detailed information about you, to establish your financial capabilities, your skills and experiences, and your personal life goals. This information helps us determine the best types of business to introduce to you.

We will explain the process and help you understand the realities of the current marketplace. We can guide you on how businesses are valued, the pros and cons of different business categories so you can review available opportunities.

Check out the available opportunities and identify the ones of interest. We will provide you detailed information on those business. You can then review that information and upon confirming your continued interest we can arrange a site meeting with the owner(s) so you can hear his/her story face to face.

Now that you have a identified a business that you would like to purchase, we will complete a draft Conditional Sale & Purchase agreement. It is important that your lawyer is involved in this process. Your offer is presented and we enter into negotiations between the parties.

This period provides you the opportunity to ensure the owner’s representations are accurate. NZ Business Brokers will coordinate the delivery of all the documentation required by your legal and accounting professionals so they can complete the investigation on your behalf.

Final preparations will be made for lease assignments, utility transfers, financing, merchant service accounts, stock counts and any other preparations to ensure the transfer is as seamless as possible. Your acquisition will usually be completed by your  accountant and lawyer with the signing of several documents and the payment of the balance of the purchase price.


Transitional training (Vendor’s assistance) by the seller may include meetings with employees and clients, technical education, computer updating, and other essential knowledge transfer. 

NZ Business Brokers will be available to assist you with any questions or post settlement requirements you may have. Remember make the most of this time with the Vendor, it is your responsibility to transfer as much of his/her experience as possible during this period.

Also worth noting the time to begin planning for the future sale of your business is day one.  NZ Business Brokers can assist you to position your business for a future sale.