Capital Business Solutions

Seller Questionnaire

$______ASKING PRICE $______DOWN PAYMENT

______

TYPE OF BUSINESS

To assist Capital Business Solutions in securing a buyer for my business, the following information is true and accurate and may be presented to all prospective buyers.

1. Business Name ______

2. Business Address ______

3. Business Phone Incl. Area Code ______

4. Owners (s)' Name ______

5. Owner(s)' Address ______

______

6. Owner(s)' Phone Number ______

7. Corporation ______Partnership ______DBA ______

8. Years Present Owner(s) ______

9. Year Business Started ______

10. Reason for Selling ______

______

11. What is seller going to do when business is sold?______

______

12. Will seller sign a non-compete clause? Yes______No______

13. For How Long? ______How Many Miles?______

14. Gross Sales:20 ______to 20 ______

20 ______to 20 ______

20 ______to 20 ______

15. Owner(s)' Salary ______

16. Net Profit20 ______to 20 ______

20 ______to 20 ______

20 ______to 20 ______

17. Principal Product or Service?______

______

18. Union Shop? Yes___ No___

19. If Yes, which Union(s)? ______

20. Expiration of Contract? ______

21. Copy of Contract on File? Yes___ No___

22. Name of Union Rep. ______

23. Do employees know business is for sale? Yes ___ No ___

24. Owner will train for ______weeks at no cost.

25. Salable Inventory included at cost in sale price: ______

A. Raw Materials ______

B. Work in Progress______

C. Completed Work______

26. How is cost calculated? ______

27. Are vehicles included in sale price? ______

Model and Year ______

28. Market Value of Furniture, Fixtures, and Equipment included in sale price: ______

29. Equipment List Attached Yes___ No ___

30. Long Term Contracts Yes___ No___

31. If Yes, with Whom? ______

32. Will key employees stay with new owner? Yes___ No ___

33. Is office computerized? Yes___ No ___

34. Seating Capacity ______35. Parking Capacity ______

36. Owner's opinion of the best way to improve business. ______

______

______

37. Condition of Building. ______

______

38. Condition of Furniture, Fixtures, and Equipment ______

______

39. Best Time to Show Business ______

40. Hours Open :______

41. Are recipes/trade secrets included in sale? Yes____ No ____

42. Is the business name included in the sale? Yes____ No____

43. Is the business phone number included in the sale? Yes___ No___

44. How are employees paid? ______

45. Number of employees: Full Time ____ Part Time _____

46. Key Employees Position Salary

______

______

______

______

47. Name of Accountant ______

Address of Accountant ______

Phone Number of Accountant ______

48. Name of Lawyer ______

49. Address of Lawyer ______

50. Phone Number of Lawyer ______

51. Name of Landlord ______

52. Address of Landlord ______

53. Phone Number of Landlord ______

54. Original Terms of Lease ______

55. Remaining Years of Lease ______at $ ______

56. Is lease assignable? ______

53. Is landlord aware business is for sale? ______

54. Average Receivables ______

55. Average Payables ______

56. Approximate Working Capital ______

57. Approximate Closing Costs:

A. Sales Tax on Furniture, Fixtures and Equipment (FF&E)______

B. Deposit on Electric ______

C. Deposit on Gas ______

D. Deposit on Phone ______

E. Deposit on Building ______

F. Deposit on Insurance ______

G. Escrow Tax______

H. License ______Cost ______

I. License ______Cost ______

J. Attorney Fee ______

58. Total Closing Costs ______

59. Is real estate property included in sale price? Yes______No ______

A. Location______

B. Approximate Dimensions______

C. Material Structure______

D. Appraised Value______

E. Date of Appraisal______

F. Appraiser______

G. Assumable Mortgage______

H. Mortgage Held by ______

60. On display but not included in sale ______

______

______

61. Owner will carry mortgage? Yes____ No ____

At ___% for ___ years at $ ____ per month

______

Agent Owner

______

Date Owner