Will you keep my people?
Yes. The crew is most of what we are buying. We do not buy a business to gut it. If someone on your team is the reason the business works, we want them to stay and we will pay to keep them.
Do I have to finance part of the sale?
No. You can choose all cash at closing. We may also offer a higher total price if 10 to 20 percent is paid to you over time—often called seller financing. If you want all cash and a clean break, say so on the first call and we will price it that way.
Can I stay on for a while?
Yes. A three to twelve month transition is normal, and it can be part time. Some sellers want to hand over the keys and leave. Some want to stay a year. Both work.
How long does it take?
Forty-five to sixty days from signed letter of intent to closing, assuming clean books and a landlord who cooperates. The offer itself typically comes within ten business days of us seeing real numbers.
Can you help me prepare before I sell?
Yes. We can help improve your story, online visibility, reviews and lead follow-up while you remain the owner. The scope and terms are agreed separately for each business. If you later decide to sell, Changkum can be the first buyer you call.
What do you need to make an offer?
Three years of business tax returns, a year-to-date profit and loss, a list of your top customers with percentages, and a rough headcount. That is enough to put a number on paper.
Will you ever sell my business?
That is not the plan. We buy to hold, and we intend to be the last owner your business needs. Every deal is its own written agreement, and anything you want promised should be in it.
What happens to the name?
It stays. The sign, the trucks, the Google listing, the phone number, the reputation. An elephant does not forget a name. We buy businesses with a name worth keeping, and changing it would throw away the thing we paid for.