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Buy a Business

Buying a Business

Buying a Business with Murphy Business Sales - Southeast Minnesota

Murphy Business is a leading Southeast Minnesota (MN) business broker having affiliations with National and International Business Brokerage and Merger & Acquisition associations. These connections help reveal the greatest opportunities to buyers. The benefits of choosing Murphy Business as your partner reach beyond what a local real estate or business sales firm can offer.

Murphy Business provides assistance to buyers throughout every step of the buying process to match you with the optimal purchase. The experienced business brokers who have owned or managed a business in the past will help you through the buying process. Murphy Business works with buyers to engage them in a comprehensive Business Search. Our network provides access to thousands of businesses for sale many of which are not released to the public, in turn allowing the most aggregate view of possibilities.

How to Buy a Business

Determine What Type of Business to Buy

  • We’ll work with you to understand what kind of business you are looking for and why. We’ll also work to understand your personal history and experiences so that we can help find you a business that you’ll be happy and successful in.



  • Find the Right Business

  • Once we understand what kind of business to look for, we’ll go to work finding you the right business. This process can take anywhere from a few weeks to a year and depends on the type and size of business that you are looking for.



  • Make an Offer to Purchase

  • Once we’ve located the right business we’ll put together an offer to purchase. This is a detailed contract that spells out the purchase price, closing date, exactly what you are purchasing as well as any contingencies that may be necessary in order to protect you.



  • Negotiate and Structure a Deal

  • We will be the go-between in the negotiation between the seller and buyer and will work diligently to ensure that everyone comes away happy. Murphy Business & Financial Services has relationships with some of the premier loan brokerage firms in the country. These firms have relationships with hundreds of lenders and the expertise to know which ones to go to for which types of deals. We are very knowledgeable and creative when it comes to structuring the deal so that the deal not only happens, but all parties come away happy.



  • Perform Due Diligence

  • During the due diligence period, you will make sure that everything is in order for the business. We will facilitate this happening, as well as be there to smooth over any hiccups that may come up to ensure that the deal happens.



  • Finalize Closing

  • Once due diligence has been performed and everything is in order the buyer and seller will attend the closing where all necessary documents are signed and any loans are finalized.


The Buying Process

  • Identifying Parameters

    Your Murphy broker will assess your skills, interests, experience, and goals to tailor the search for businesses that fit your needs.

  • Locating Solid Opportunities

    Your broker will sift through businesses to find ones with solid financials and suitability, including franchise options.

  • Arranging Meetings and Site Visits

    Your broker will handle scheduling appointments and site visits, freeing up your time.

  • Assisting with Determining Business Value

    Leverage your broker’s expertise in negotiation and deal structuring.

  • Handling Negotiations and the Offer to Purchase

    Your broker will guide negotiations, ensuring a smooth transaction adhering to regulations and financing requirements.

  • Obtaining the Paperwork Necessary to Close

    Utilize standardized forms recognized by professionals to streamline the closing process.

  • Managing the Due Diligence Process

    Your broker will help navigate the complex due diligence phase, ensuring all necessary documentation is obtained.

  • Post-Closing

    Your broker will be there at closing and beyond to address any post-closing issues that arise.

Call your Southeast Minnesota (MN) Murphy Business office for professional expertise in buying a business.

Embark on Your Journey to Business Ownership!

Contact our Southeast Minnesota (MN) office to explore purchasing a business, benefiting from our extensive market exposure and efficient processes.


Murphy will guide you through the entire journey, from evaluating potential businesses to finding suitable opportunities, qualifying sellers, and successfully navigating the purchase process to closing.



The Southeast Minnesota (MN) Murphy Business Brokerage Firm services the following areas: Rochester, Winona, Owatonna, Faribault, Northfield, Austin, Red Wing, Lanesboro, and surrounding areas.

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