28 N. 8TH, SUITE 501
Buy a Business

Do you want to buy a business in Columbia or Central Missouri? We’d sure love to help you through the process! You won’t find a Business Advisor with more connections, experience, and credibility in this area. However, buying a business is a little more complicated than you may realize.

Here’s a detailed step-by-step process if you think you might want to buy a business in this area.

Call LGI Business Advisors (573.875.2773)

Provide Background Information

  • At the initial meting, bring personal information about your background. This includes your financial resources and funds available for investment.

Sign Non-Disclosure Statement

  • You’ll sign an agreement not to disclose confidential information that may be provided to you by your advisor.

Schedule Showings

  • We’ll make an appointment for you to tour the business you are interested in buying. And you may also talk with the owner(s).


  • LGI Business Advisors will prepare the necessary papers for your purchase offer. Of course, we’ll assist you with insight and advice on any contingencies you may desire.

Presenting the Offer

  • We’ll present your offer to the seller, and provide your background information to the seller.

Seller’s Response

  • The seller will accept, reject, or make a counter offer to you, the buyer.


  • When you’ve reached a deal, you and the seller must agree to all terms and conditions of the offer in writing.

Earnest Money

  • Your earnest money will be deposited in the escrow account of the title company.


  • As the buyer, you may inspect the financial records of the business as outlined in the Asset Purchase Agreement (APA).


  • Merchandise inventory (if any) is taken by the buyer and seller (or inventory company), and then the amount of inventory is determined.


  • Broker, Buyer, and seller sign the closing documents at the title company’s office.

Congratulation! You have now bought a business!

Search businesses for sale at BizBuySell.