Should I Buy Business Through Vested Business Brokers < RECENT >
: Some users have reported extreme difficulty getting "refundable" deposits back after a deal fell through, sometimes only succeeding after threatening legal action. Potential Benefits (Per VBB)
: Their internal materials suggest brokers help buyers evaluate financing options and navigate the acquisition steps. should i buy business through vested business brokers
To those that purchased an existing business.... : r/Entrepreneur : Some users have reported extreme difficulty getting
: Many potential buyers report that brokers are unresponsive to emails and calls even after the buyer has paid for a premium account. : r/Entrepreneur : Many potential buyers report that
: Vested Business Brokers claims that many of their listings include seller financing, which they argue shows the seller’s confidence in the business.
If you choose to use VBB, proceed with extreme diligence. Avoid paying any recurring subscription fees if possible, and provide a large "good faith" deposit without a legally vetted escrow agreement. Many experienced entrepreneurs on Reddit suggest using more established platforms like BizBuySell or working with reputable M&A firms such as TransWorld or IAG Mergers that do not charge buyers to view listings.
: VBB is noted as one of the only brokers that charges buyers a recurring fee (often around $10–$99/month ) just to see listing addresses and financial data. Critics on Searchfunder call this a "money grab" and note that paying the fee does not guarantee access to real financials.