Forum Index > Buyer Requirements - Non-Disclosure Agreement and More

Eric J. Gall 14 months ago
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Due to the confidential nature of selling a privately owned business, our agreement with the "Seller" requires that we obtain a signed non-disclosure agreement or confidentiality agreement from all prospective buyers before disclosing any pertinent details about the Seller's business - including the location.


Please be advised that some "Sellers" may request additional qualifying information from a prospective buyer before releasing certain confidential details or records. This could include a resume, a credit report, and or evidence of financial capability in form of a personal financial statement. At a minimum, we require that all prospective buyers be financially qualified to meet the minimum purchase terms listed (minimum down payment, etc) for each individual business before requesting additional confidential information. All information is held strictly confidential.


When interested in a business for sale, contact your local FBX Intermediary for a non-disclosure agreement . Please print agreement from your computer, and then fill out completely and return via scan/email or by faxing to the number at the bottom of the agreement. We will then e-mail you an in-depth confidential business profile with financials. For listings & Sellers that have indicated they are requesting to review a personal financial statement and resume before releasing any confidential details, your intermediary will also send you a blank personal financial statement.


Note: Please (under no circumstances) do not contact the Seller or speak with any employees of the target business you are requesting additional confidential information about. Please contact the listing intermediary only to arrange all Buyer/Seller meetings, business viewings, and further inquiries.




Chris Savage 14 months ago
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This is very important information for any Buyer.

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