If you are looking to set up a business in France, why not look at
buying one ? Expert Tim Austin-Smith shares his advice
6. Contracts and permits: Ask the sellers for a
copy of all the supplier contracts, permits, licenses and other related
7. Help from the owner: Don't be afraid to
ask the current owners to stay on for a period of
time after the sale to ensure a smooth transition
and to be introduced to your new clientele and
8. Arrange finance: If you plan on taking out a
loan, speak to your local mortgage broker or bank
to discuss your project and any potential finance.
If you wish to save time and have a professional
to guide you through the whole process contact
us to meet your local Leggett Commerce & Entreprise agent.
Contact : Timothy Austin-Smith
Tél: +33 (0)5 53 60 79 08
1. Do your research: If your heart is already
set on an area, research the different businesses
in and around the area to know what is on the
2. Explore the area: Travel around the area
and investigate the local business reputation if
you have a specific interest in one.
3. Check the books: Before committing to
anything make sure to have a read through the
balance sheets ("Bilans" in French) to learn about
the finances of the business and if it is a healthy
going concern or not.
4. Inspect the assets: Check what is included
in the sale of the business and that the equipment is in good
working order, as well as stock
or anything else that would come with your
5. Read the lease: Most businesses rent the
premises from which they operate so ensure you
know exactly what is included in the lease.
is commercial manager
of the LCE team.<firstname.lastname@example.orgL PROPERTY LEGGETT MAGAZINE
Buying a business in France
INFO@LEGGETT.FR +33 (0)5 53 60 79 10