Looking to build a more lucrative future in New York or New Jersey? Working for someone else is certainly not the path that takes you there. Did you know that 75 percent of millionaires become so by owning their own business? Let the experts at LIBIN AND KATZ , help you down the safest path to financial independence. Smart people aren't starting businesses...they're buying them.
LIBIN AND KATZ has been in business servicing New York and New Jersey since 1975, helping people gain financial independence by helping them buy and sell businesses. As one of the oldest and most knowledgeable business Consultants and Brokers in the NY/NJ area, we have been lending our expertise and guidance to buyers and sellers.
Our formula has been working for the last 35 years. Our businesses sell for maximum three to four times net profit as the selling price. Cash down is usually between a third to a half. Sellers should hold notes for five years. Buyers will be able to have enough time to complete due diligence and check out the business.. Buyers will be able to bring in their own accountants to check out the financials of the business.
We work only with the sale of a business that is well established and a seller that is willing to prove his numbers to potential buyer so that a buyer and seller will walk away satisfied.