What happens when there is a buyer for my club?
When a buyer is sufficiently interested, we will assist in the preparation of a written offer to purchase. This Purchase Agreement will spell out the buyer’s offer in detail. The offer will contain several contingencies that the buyer feels must be met before the transaction goes to actual closing. We will present all offers to you for consideration until you find the one that is acceptable to you. This is a contract and you will have the right to accept, counter or reject. It is important to know that time is important and this contract will expire if you do not respond. If you accept the offer, or you counter it and the buyer accepts your counter, be prepared to do some fast work to remove the contingencies. Your Strip Club Realtor will stay close to you until this deal is completed.
How can you sell my company and still maintain my confidentiality?
Sellers are justifiably very concerned with maintaining confidentiality. We do not reveal the name or identifying characteristics of strip clubs we represent for sale until an agreement of confidentiality (sometimes called a Non-Disclosure Agreement) is signed. Even with a signed confidentiality agreement, we stage the release of information based on the level of seriousness and commitment demonstrated by the prospective buyer.
How do I make an offer to a strip club I like?
Working through your Strip Club Realtor, you can make an offer at a price with which you are comfortable. This allows room for negotiations. You assume the information given you so far is correct, but you will have time to fully verify it to your satisfaction before any closing takes place. This is done by the addition of contingencies and conditions to the offer to purchase. Your Broker will suggest several to you that will protect your interests. This will allow you time for due diligence and the luxury of stepping back and looking at this purchase without the emotion of continued negotiations.