As an investor who's been actively searching for a business to purchase for the last 2 years, I've learned how to spot them and avoid them. Most savvy, qualified buyers will as well. If you're serious about selling your business don't wast your time with these bafoons.
Received a message on my business telephone (after hours) from Rick Weber saying he had a buyer for my business. When I called back, I got an answering machine, put in extension 701, got another answering machine with a voice that was supposedly Rick Weber, left a message, have not gotten a return call yet.
Got the call and met with their local business analyst. Total scam -- they operate the same way Allliance Acquisitions does - see http://www.ripoffreport.com/reports/0/222/RipOff0222111.htm.
The wanted $8000 for a "business evaluation" that they say will be refunded in a year if they do not sell your business. But read the contract - they are only obligated "introduce" you to a "qualified" buyer or investor who is "interested" in your business.
We got the same call... Corporate Acquisitions Group. Said that they had an interested party. I guess it looks like ALL of us had an interested party, how ironic. We actually went a step further. All I can tell you is look at the logical. We were asked to pay for a marketing "valuation" up front. This "valuation" is supposedly refundable within one year if they can't find a suitable buyer for you. You shouldn't have to pay up front for a marketing report first of all and secondly, a professional marketing report isn't going to cost almost $6500.00. Thirdly, who determines what is a "suitable" buyer for you. In the end, you will be out of your money. Its all fishy and a very bright scam if you ask me. You will be charmed for sure and impressed that you could sell your business for more than you thought you could- don't fall for it. Also, don't believe all the things you see on the internet, its easy to post your own positive feedback.
We got the same call... Corporate Acquisitions Group. Said that they had an interested party. I guess it looks like ALL of us had an interested party, how ironic. We actually went a step further. All I can tell you is look at the logical. We were asked to pay for a marketing "valuation" up front. This "valuation" is supposedly refundable within one year if they can't find a suitable buyer for you. You shouldn't have to pay up front for a marketing report first of all and secondly, a professional marketing report isn't going to cost almost $6500.00. Thirdly, who determines what is a "suitable" buyer for you. In the end, you will be out of your money. Its all fishy and a very bright scam if you ask me. You will be charmed for sure and impressed that you could sell your business for more than you thought you could- don't fall for it. Also, don't believe all the things you see on the internet, its easy to post your own positive feedback.
I got the same call from our friend Mr. Rick Webber. The thing I found intresting was that its his voice on the initial answering machine as well as when you hit his extension (701). These nuts should think there scams out just a lil more, but then they would have to be more than a single cell organism wouldnt they?