Frequently Asked Questions
General Questions
What is BuyBizMarket?
BuyBizMarket is a marketplace platform that connects business sellers with potential buyers. We also provide AI-powered business valuation services to help sellers determine their business's worth.
How does the marketplace work?
Sellers can list their businesses on our platform, including detailed information about operations, financials, and growth potential. Buyers can browse listings, connect with sellers, and make offers through our secure platform.
Is my information secure?
Yes, we take security seriously. We use industry-standard encryption and security measures to protect your data. Sensitive business information is only shared with verified users who have signed NDAs.
AI Valuation Service
How accurate is the AI valuation?
Our AI valuation service uses advanced algorithms and market data to provide estimated valuations. While highly sophisticated, these should be used as one of several tools in determining your business's value. We recommend consulting with financial advisors for final valuations.
What information is needed for a valuation?
The AI requires financial statements, operational metrics, market position data, and industry information. The more detailed the information provided, the more accurate the valuation will be.
How long does a valuation take?
Our AI typically generates valuations within minutes of receiving complete information. However, we recommend taking time to ensure all data is accurate and complete before submission.
Selling a Business
What are the fees for selling?
We charge a basic listing fee and a success fee upon sale completion. Premium features and promotional options are available for additional fees. View our pricing page for detailed information.
How long does it take to sell a business?
The timeline varies depending on factors like industry, price, and market conditions. Most businesses sell within 3-12 months, but this can vary significantly.
What support do you provide sellers?
We provide tools for creating listings, AI valuation services, secure communication with buyers, and guidance throughout the sale process. Premium users also get dedicated support.
Buying a Business
How do I verify business information?
We encourage buyers to perform due diligence. Sellers provide verified financial documents, and we offer tools to help validate information. We recommend working with professional advisors during the verification process.
Can I negotiate the price?
Yes, our platform supports direct negotiation between buyers and sellers. You can make offers and counter-offers through our secure communication system.
What happens after I make an offer?
The seller will be notified and can accept, decline, or counter your offer. Once terms are agreed upon, we provide guidance for the closing process and can recommend professional services to assist with the transaction.
Still have questions?
Contact our support team at support@buybizmarket.com