How do I check out a buyer before I show them my numbers?
It's smart to check out a buyer first. Ask who they are, what they own, how they pay and what they'll do with your shop. Then share numbers under a simple confidentiality agreement.
If this sounds like youSomeone wants to see your books. You don't know them, and you're not about to hand your numbers to a stranger.
What you can do.
Ask for references
Talk to an owner they've bought from or a shop they run.
Sign a confidentiality agreement first
Standard, and it protects you.
Meet in person
You'll learn a lot in an hour at your shop.
What to watch for.
- Be careful with buyers who won't say who they are.
- Ask how they plan to pay.
- Share numbers in steps, not all at once.
Owner to owner, and it stays private.
Check us out. Drive by our shops, look us up and ask James anything. We'll sign a confidentiality agreement before you share a thing.
James StephensonLotus, Massachusetts and Connecticut
Quick answers.
Is it rude to ask a buyer questions?
No. Good buyers expect it.
What should I share first?
Basic facts first. Detailed numbers after you trust them and something's signed.
Thinking about what comes next for your shop or building?
Tell James a little about it. Only James reads it, and the conversation stays private. No pressure, no broker and no mailing list.