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Case File · Buy-Side Texas

whatdoesittaketobuyabusiness?

A defined acquisition target, proof of funds or SBA pre-qualification, confidentiality discipline, and a sell-side broker relationship that surfaces off-market opportunities before they hit a directory. Most buyers spend a year defining criteria before they engage.

what qualified buyers look like.

Texas acquisition financing
10%
SBA 7(a) buyer down payment (typical)
Per acquisition
$5M
SBA 7(a) loan maximum
Texas SMB transactions
60–120 d
LOI to close (typical)
When financing is SBA
60–90 d
SBA underwriting cycle
THE METHOD

five steps from intent to close.

  1. 01
    Qualify

    Define acquisition criteria, deal size, and financing path. SBA-eligible, conventional, or owner financing.

  2. 02
    Capacity

    Confirm proof of funds, SBA pre-qualification, operator readiness. Pre-qualified buyers see deals first.

  3. 03
    Match

    Confidential opportunities from our book and off-market pipeline, before they hit BizBuySell or BizQuest.

  4. 04
    Diligence

    Financial review, lease and licensing, operational walkthroughs, customer-concentration. CPA + attorney + lender coordinated.

  5. 05
    Close

    LOI, purchase agreement, escrow, SBA underwriting if applicable. Typical 60–120 days from LOI.

CHECKLIST · DOWNLOAD

the buyer's readiness checklist.

Eleven items that separate buyers who see deals first from buyers who scroll BizBuySell. Most buyers run this checklist a year before they engage. We'll send it confidentially.

CHECKLIST CONTENTS
Acquisition criteria sheet (industry, deal size, geography)
Proof-of-funds documentation outline
SBA 7(a) pre-qualification checklist
Operator-readiness self-assessment
Confidentiality agreement framework
Customer-concentration risk matrix
Lease and licensing transferability checklist
Three-year financial diligence template
Letter of intent (LOI) structure guide
Transition employment continuity plan
Closing-day playbook
Request the Checklist →
FAQ · TEXAS BUY-SIDE

questions buyers actually ask.

How do I buy a business in Texas?

Most Texas business purchases follow a five-step path: qualify your acquisition criteria, confirm financial capacity, match against confidential and off-market opportunities, complete due diligence with CPA and attorney, then close. Typical buyer cycles run 60 to 120 days from LOI to close.

What does SBA financing look like in Texas?

SBA 7(a) loans fund Texas business acquisitions up to $5 million with 10% down typical for buyers. Approval cycles run 60 to 90 days. Some deals pair SBA with seller financing for the gap.

What makes a buyer qualified?

Proof of funds or pre-qualified financing, relevant operational background or strong replacement operator, and confidentiality discipline.

Are off-market deals worth the wait?

Off-market opportunities typically transact at lower multiples because there's no competing bid. The trade-off is supply: off-market access requires a sell-side broker relationship and patience.

What due diligence matters most?

Three-year normalized financials, customer concentration (no single customer over ~20%), employee retention risk during transition, lease and licensing transferability, and accounts-payable cleanliness.

see deals before they hit the directory.

Tell us what you're looking for. We'll send the Buyer's Readiness Checklist and surface confidential opportunities that match — before they hit BizBuySell.

BUYER'S READINESS CHECKLIST

Connects to Legacy's HubSpot CRM