Nondisclosure/Confidentiality,
Financial Disclosure and Buyer Qualification Forms
Most sellers don’t want anyone unauthorized
to know their business is for sale. We agree with this position.
Maintaining good working relations with employees, customers,
suppliers, vendors, landlords and bankers are important to
a company. Any premature indication of a possible change in
ownership could disrupt these relationships. VR
Business Brokers of SW Florida endeavors to maintain
confidentiality until it is appropriate to reveal the sale.
VR and other professional business brokers use a Nondisclosure
Agreement (NDA) to protect confidential information.
Unless you are paying all cash for a business,
the seller and/or a bank will need to see if you are financially
and professionally qualified to buy the business. Thus, most
sellers require their business brokers to screen potential
buyers. A personal financial statement, resume and later on,
a credit check are also required in addition to the NDA before
confidential information can be shared. A letter on letterhead
from a buyer’s CPA, attorney or financial institution
stating the individual or corporation has the financial wherewithal
to purchase the company at the advertised terms will normally
be accepted in lieu of a financial statement.
Click here for an Nondisclosure, Personal
Financial Statement and Confidential
Buyer Questionnaire.
Each document will open in a new window, so once you close
them you will have this page still open.
Please print
and fill out each document, sign it, and fax it back to the
office you will be working with. Click
here to see the fax numbers for each office.
The documents require Adobe Acrobat Reader
to view. If you do not have Acrobat Reader, click the image
below to download a free copy directly from Adobe.
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