Success Stories on Buying A Business - Business Buyer Resource Center

More Customer Comments and Professional Reviews:

The testimonials below have been provided by our clients who have used our programs and ongoing consulting. We invite you to contact any of the people whose comments appear here. Just email us and we will be pleased to forward their contact information to you.


Barrett Schultz - Chicago, IL - "I wanted to thank you again for your advice and let you know how invaluable your course was to me."


Scott Biernot – Los Angeles, CA - “I wanted to give you an update on my success with buying an existing business. I purchased your book and had some correspondence with you via email. I started working at the business with the owner in May and closed on the purchase of the business on July 5th. We have increased sales by $330k over last year’s numbers. That is only 6 months into or fiscal year. This has been the best decision I have ever made. Your book assisted me in every step of the way. I was able to get the owner to carry a large note and also obtained an SBA loan.”


Phillip Bach - Pickerington, Ohio - “Just a quick email to say that I have purchased my first business after taking your course a few months ago, a bakery that’s been in business for 10 years. Your course was very helpful and I used the templates provided to make professional looking offers and they saved me money when working with attorneys as I already had a "draft" of many documents. Thanks.”


Mario Andreou - Sandton, Johannesburg, Gauteng South Africa - “I've been through the course twice and would like to thank you for great insight detailing the whole process.”


Bill Esposito - Debary, Florida - "What a great program!!! It has been so beneficial to me. It continues to make such a difference in my business buying process. I continue to learn so much. I was extremely lucky to have selected and ordered this program from the Internet. What a great choice. Thank you so much!"


Jeff Clark - Highlands Ranch, CO - "I have found your material to be very helpful in my quest to purchase a business. I actually bought it after I began my search and in the middle of a specific opportunity investigation. As a former long-time officer and executive of a Fortune 100 company with revenue and expense responsibility in the hundreds of millions of dollars I thought I had enough knowledge to start and finish this endeavor on my own, but I quickly found out that I was missing a few skills required to really find the right business at the right price. Then I stumbled across your book and bought it on a whim. I have found the material to be detailed, thorough, well written and formatted in a way that has helped me step-by-step through the process."


Andrea Packo - Pahrump, NV - “I put together a low offer on one of the businesses, had a lawyer review it, and presented in with a 24 hour deadline for reply. We went back and forth and settled substantially less than list price, including double the training time, and seller financing. Had it not been for your book I would never have even received the counter offer (since I was an out-of-state buyer). But, I was able to analyze his figures, ask the correct open ended questions, and deal with the questions on my credit, background and qualifications, which you indicated I should have prepared. I was not the only buyer interested in the property but the owner felt I was most qualified to make it successful and I proved to him I was creditworthy. Thank you again for this great book. Thanks to being an informed buyer, I feel I have made an intelligent and sound business decision. This book helped me purchase my dream business in a busy traffic, high end location and provided me with an exciting future to look forward to! Thank you again!”


Ed Vesga – Miami, FL - “I completed the acquisition of the company I commented to you about. It's been a long and winding process of 27 weeks. I have learned a lot and was so fortunate to find people like you that wanted to help me. I think that some of the words that I write may sound familiar to coach gave me the ball and said to me go-get 'em so I took the ball and run with it and will never look back. Thank you coach!”


Dennis and Cheryl Chumley - Huntington Beach, CA - "Thank for your book. I like it's "no b.s." approach. The book gave my wife and me the courage to try and do just that…we are 2 weeks away from the close of escrow on a business. As a result, we are weeks away from taking ownership of a very upscale hair salon/beauty supply.”


Robert A Girard - Rocky Hill, CT - "It’s truly wonderful to work with customer service oriented business who do what they promise. Again thanks for putting this program together."


Jim Bolger – Scottsdale, AZ - "It has been a few weeks since I have written, but I wanted to let you know that the seller and I were unable to come to an agreement but it turned out to be a blessing. I want to thank you again for your excellent book and for your kind advice during the negotiations. It was because of these that I had the power to walk away and look for the next deal. In your book you advise that we continue to look for businesses even while pursuing a particular business, and also that good businesses go fast. I followed your advice to the letter, and I was able to come to terms with the seller of a very good company which had just come on the market. The seller has agreed to carry over 70% of the price at 8% for 7 years. The sellers (husband and wife team) are retiring and are willing to stay as long as necessary to ensure a smooth transition. We get along well and it appears, so far, as a great opportunity and a great fit! Thanks for all you have done. Your book is, by far, the best "how-to" book I have ever seen. It is easy to see that, without this valuable resource, it would be easy to become one of the ninety percent who never buy. Good luck, and continued success!"


Judy Perkins - Stuart, FL - “I purchased your training program in May. I quit my $100k chemical engineering job with a large oil company in August. Boy was I scared. I closed last week on a very profitable engineering company in the southeast US. They made over $500k last year and we expect to increase sales even further. It will be interesting to make that kind of money - it kind of boggles my mind! At any rate, I am just settling in and getting my head above water here, but I wanted to thank you for your training program and the confidence to make the leap. Thanks again!”


Ghassan Hanna - Alpine, CA - "Dear Mr. Parker, Thank you for your emails and continuous reminders to stay focused. I would like to let you know that after delicate negotiations I have finally reached an agreement to purchase my first business."


Max Clavijo - Duluth, GA - “I finally closed on the purchase of German Motor Tech, in Norcross, GA. Thank you very much for your help and for guidance provided by the book. The information that you offered made the process much easier than it otherwise would have been. I have been amazed at the reaction from friends and acquaintances when I have told them that I was working to purchase a business. It seems that many, if not most people, have an unsatisfied desire to own their own business and be somewhat independent. Of course they express the idea that I'm very bold to pursue this dream. That is where your book, "How to Buy a Good Business at a Great Price" comes in. It guided me through the process - from start to successful conclusion and prepared me for what to expect and how to deal with challenges. I will be forever grateful to DIOMO for the additional assistance you provided to help me purchase my business. Richard, if you are ever in the Atlanta area, please give me a call. I owe you a dinner.“


Eric J. Breese, CPA, MBA - Elkhorn, WI - “I wanted to let you know the material you created helped me tremendously in putting together a deal. We are now hammering out the Asset Purchase Agreement and the related documents, and will be closing on the transaction in the next month.”


Russell Brown - President, Business Book Press, Leading expert and lecturer on small business valuations - "This is an absolutely superb resource for every prospective business buyer."


Tiaan van der Merwe - Pretoria, Gauteng, South Africa - “I thought I would let you know what happened since I bought your course. Working through the course made me aware of the finer nuances of buying a business I would never have thought of, as well as the process of negotiating. We identified a Liquor store at the coast (we have been looking at this particular store for years, and belonging to a man and wife team in their 70's was obviously run down and being neglected, but still making a very nice profit without any effort from their side - no advertising or marketing whatsoever). I contacted the owner directly, and this past weekend we flew down to meet and discuss this opportunity. I have prepared a list of 50 questions from your course, but this guy stated talking from my 1st question. The possibilities for this business is endless, and having the monopoly for about 40 kilometers (25 miles) either way down the coast and inland plus a real effort in marketing and advertising. And all this happened thanks to your course, which is one of the better investments I made in my life!! Thank you, this gave me the opportunity and confidence to take an option on a deal in 2 days! (Forgive my English, it's my 2nd language).”


Tom Sager - Hopkinton, MA - "I am pleased to say that in the next 7-10 days we will be closing a deal to purchase a sporting goods and custom apparel business in Medway, MA, which is 8 miles from our home. Your training course was a huge help and I highly recommend it anyone who is serious about buying a business. Knowing that there is a real person behind the materials who actually makes contact with you to assist is very reassuring in a time of great uncertainty. Even though I had done several acquisitions for companies I worked for, there is something special about buying something that will belong to your family! Please feel free to use my comments in your marketing materials."


Milovan Dodik - Ottawa, Ontario, Canada - “I'd like to inform you that last week I bought the business that we had talked about. As you know, the beginning is very difficult and stressful but things are slowly becoming easier. The most important thing is that so far the results have satisfied my expectations. I want to thank you once again for an excellent book which prepared me well for buying a business. I would especially like to thank you for the personal help you gave me which helped me a lot throughout the buying process. Your help really exceeded my expectations as that is very rare in these days. I hope that my business will be successful and I will update you later on. Thank you once again for all your help.”


Michael Morris - Web MLS Biz Brokers – Bexley, OH – “I am both a business broker and a buyer. I have used How To Buy a Good Business At A Great Price over and over again as a perpetual source of great information. As a broker I can think of no better resource. When I meet with prospective buyers, I give them a copy of the Table of Contents and urge them to purchase a copy of the book for themselves. The book details every step in the buying process. When a buyer applies the lessons, he or she cannot go wrong. All of the fear and guess work is eliminated from the outset. As a business buyer, I recently completed the purchase of a pizza store in Illinois. Asking price $165,000. Purchase price $85,000. I used your two offer concept, all cash and one with terms. It worked like a charm, just like your manual states. I am confident that the deal I worked will quickly result in a great return on my investment. Thanks again for all the wonderful insight into business purchases.”


Andrew Borowiec- Totowa, NJ - "I think this course is great. I've read at least 7 other books on buying or valuing a company. All great in theory, background and examples but none said "here is how you do it" and explained just that."


Dave Grimmett - Hoffman Estates, IL - “Thanks a million for the material. It was laid out very well. I have taken steps to purchase a business with operator benefit of 243K for a sell price of 245K with the owner financing 66% of the deal over 4 years. If I didn't ask, I'd be at a bank somewhere right now. Today letter of intent, soon to follow a purchase offer, due diligence and then closing.”


Frank L. Williams- Sydney, Australia - “After twenty years in the corporate world I found myself unemployed. I was so afraid of making an expensive financial error at this stage in my life. I decided to follow your program and in less than five months I purchased an incredible business that has given me a new lease on life, it's doing great and I've never been happier."


Erin Applegate - Houston, Texas - “I bought your study course a few months back and am just about to make it through an LOI on my first business. I have been studying this thing forward and backwards, and everything is working exactly as you said. Everyone is impressed and says I am the most prepared buyer they have seen. It is no joke…..I’m telling you the way you wrote this course is truly like you are sitting right here coaching me every step of the way. This would have never been a process I would have been able to complete without this and I truly feel so fortunate to have found this on the internet so early in my pursuit for a “Good” business. I was on the right track looking for something that matched my background, but it gave me so much more insight, understanding, confidence and polish in really understanding each step and the order.”


Arpad Kovacs- Carlsbad, CA - "I just finished your book "How to buy a good business at a great price". I think it changed my universe. What a great how to do book. Probably the best I ever read."


David Heath – Reston, VA - “Your program and books are fantastic. They have provided me an increased knowledge in how to make buying a business a success. I have read most of the chapters several times, used the examples and techniques described and have already made an offer on a business. Both the seller's broker and my lawyer assumed that I had gone through this process several times. This is my first business purchase. And it may not be my last. This is fun.”


Warren Miller- Potomac, Maryland - “Richard, I have found it to be an invaluable resource.”


Shane Baker – CEO - Business Success Masters - Balgowlah, NSW, Australia - “I would like to give you some feedback on the program. I found the material and worksheets to be brilliant. They are extremely well set out, easy to follow, and make the business evaluation process just that much easier. I thank you for such a valuable product.”


Burt Walker- Vine Grove, KY - "This product is fantastic. I love the way you get to the point. I found your section on accounting particularly interesting and useful. My wife and I both have MBAs, so we're no strangers to financials; however, your way of getting to the "meat" is remarkable. As with most MBAs, our education was rooted in looking at "big" companies. Small businesses are a different animal all together.”


Dale Raasch- Forest Lake, MN - "I purchased your program and love it. It has been my guide through the process of finding and buying a business and has been an informative and insightful aide in my quest to buy a Good Business."


Pam Mayer – Carmel, CA - “I have just finished my first reading of the book and planning to start a second reading so I can make notes as I go. It is very well written and exactly what I need, since I am new at buying a business. I like the way you simplify what seems like very complicated issues.”


Phil Howling - Kingsbridge, Devon – United Kingdom - “I bought your online UK guide on Friday, and have read most of it already. It is an encyclopedia of knowledge and I am learning shed loads - and not a moment too soon! I am quite far into the process of buying a business, and I have found that on the whole I seem to have instinctively followed a route not far from that suggested in your guide. Many thanks and once again I would like to say that, as you rightly predicted, the best money I have spent for a long time.”


Kurt Tietjen – Floral Park, NY - “I purchased your How-to this past weekend. I’m up to Lesson 16 already. I have to tell you this was [if I do say so myself] a brilliant idea for me to purchase this. I’ve learned an incredible amount already. Some I knew from experience or general knowledge. This has already helped me as I’m in a situation where I own 15% of a company that we are selling. This has given me ideas from the sell side as well as the instruction that I needed on the buy side. Great product and I will recommend it highly.”


Mark Birmingham - Portland, ME - "Hi Richard, I'm half way through the book, and I'm very happy with what I'm learning. Excellent product."


Carol Weinreich- Placerville, CA - "I want to compliment you on the course ‘How To Buy A Good Business At A Great Price’. I have developed training materials over the course of time, and I know how difficult it is to keep the information factual and appealing. The money spent on this course is the best investment I have made in many a year."


Andy Blank - St Paul, Minnesota - “I finally finished your course today, and I wanted to tell you again that it was great. I got more than my money's worth and I'd recommend it to anyone, even a seasoned businessman. So, thanks again for the best business course I've ever taken!”


Ohidus Mia - San Diego, CA - “I recently purchased your coursework on buying a business. The material was excellent. I've read numerous books on the topic in the past and have never come across such clear and meaningful direction on the entire process. You seemed to have covered every important areas, and answered all of the questions that were going through my head before I read the coursework. I must admit that I still find the process a little intimidating, but you have broken it down in to very clear steps with all of the bases covered. This will serve as an excellent guide to perform sanity checks on my process and to remove some of the mystery. Your section on Due Diligence, in particular, really helps to give me confidence that I really can prevent myself from entering in to a bad business deal. Thanks for putting the course together.”


Ross Ballantyne - Penrose, Auckland, New Zealand - "Thanks for keeping in touch. My wife (& business partner) have been reading your material, sometimes more than once, and enjoy it immensely."


Karen Hunsanger - Riverside, CA - “My husband & I are looking into buying a business that closely mirrors the one he started up 6 years ago. Ours is a home based structural steel business, and we are looking to purchase an existing structural fabricating shop for immediate growth to that business. I have found your book to be so much more informative than I could have imagined. I have just completed the section with the mock concrete exercise. I did OK, but you gave me so much more to think about. I am reading and studying several hours a day, and enjoying it immensely. Thank you so much for providing such an informative and well written reference.”


Dylan Garland - President - Bizquest -Los Angeles, CA - - “Before I bought my business I read How To Buy A Good Business At A Great Price from cover to cover. The information it provided, and the insight into the process of purchasing a business were invaluable to me. I highly recommend this course to anyone even thinking about buying a business."


Peter Newman - Albion, QLD, Australia - “I downloaded the information from the Internet and once I starting reading the info I could not put it down. The information included in the book is amazing and it is so much easier to have something to refer back to when you are working on a particular section of the purchase. Once again thank you for the great resource.”


Rick Cisneros- New York, NY - "You provide a tremendous service to those looking to expand in business. Keep up the great work. Talk to you soon."


Hong Chang - Whitefish Bay, WI - "I did finish reading your book after almost three weeks!!! I feel that I have to personally thank you for it. It is definitely priceless for me! It triggers me, alerts me, reminds me, and the most important: it surges me that I really can be my own boss if I follow your guideline."


Bernard Douthit - Denver, CO - “Your course is AWESOME -- I use it all the time. THANKS so much for your advice. This may be the best money I have ever spent.”


Phyllis H. Detwiler - Middletown, New Jersey - “I've found your book to be of tremendous value. You have really performed a service in writing in your straightforward manner. Thank you for sharing your wealth of knowledge!”


Dominique Dauphin - Berwyn, IL - “I must say indeed it was worth buying your course. I have enriched my expertise more than with any other materials that I have thus far read.”


Barry Dyer - Wendell, NC - “I have sold three businesses but I have never purchased a business. Your book is great. I learned a lot and had a lot of thoughts confirmed. The book is worth every penny. Thanks a lot!”


Jeff Dickerson - Jarrettsville, MD - “Thank you for your quick response back to my questions from last week. They were helpful as I continue on my trek to find a business.. I especially wanted to thank you for the Excel valuation spreadsheet. It produced results about 5% within the price range of the business I am currently investigating. Actually, your bottom number came in a little lower than mine, which confirms that I need to review the risks and assign more weight before I decide on an offer price. As kudos to your program, I believe my assessment skills are appreciably enhanced as I know I would have determined an offer price much higher had I not read your information. As you indicated, the process is kinda fun. I am probably enjoying the analyzing/buying process as much as the future ownership concept. Appreciate your support and efforts.”


Fred Ege - Elburn, IL - “I finished reading through your book and looked through most of the attachments, and it is very informative. It also appears to be a good way to valuate a business.”


Rob Frasier Yorba Linda, CA - ”Your book is excellent. I just wish I bought it 3 months ago.”


Clint Farrell - Briarcliff Manor, NY - "I devoured your course in a day and a half. I have evaluated businesses for a number of years; I have an MBA and took courses in finding and managing a small business; but yours is the most complete set of materials I have seen."


Gregg Fischer – Wheaton, IL - “I cannot thank you enough for "How to buy a Good Business...". It is a tremendous help in getting organized for the process.”


Christopher Green- Wangaratta, VIC, Australia - “A great resource and I have thoroughly enjoyed the style and content of the program.”


Brian L. Shawver - Bend, OR - "I've worked through two-thirds of your course and I have to say that this is the most comprehensive business buying course in existence! I'm thoroughly impressed by the content (and context) and would gladly recommend it to any and all potential business buyers."


Paul Gavin -Evergreen, CO - “Richard, I received the materials last week and read through them the first day. The materials are highly informative and I feel more empowered to "Buy a good Business at a Great Price". In addition, the materials have helped my wife become more excited about being a co-owner.”


Carlos Herrera Jr.- Escondido, California - "I want to take the time to thank you for this wonderful product; I have learned many things I was ignorant about and continue to learn new things every day."


Christine Hanson - Rio Nido, CA - “Dear Mr. Parker, I finished your course today and I must tell you I think it was worth every penny! I did own a business for 15 years but I learned more from your course than I did in all that time. I am currently negotiating with a hair salon and feel much more equipped to handle it all since I have the course to refer back to. I am not in the habit of writing to every person who sells a product to me but you did such a fine job that I felt I should let you know how I feel. Once again, thank you - the job you did was exceptional.”


Peter Irlam – United Kingdom - “I would like to thank you on an outstanding guide on how to buy a business. It has filled me with confidence.”


Steve Jones - Keystone Heights, FL - "I found your web site last week and purchased your book today. I have been looking for this kind of information for the last four years and must say this is a truly a God-send."


Tray Raymond- Scottsdale, Arizona - “Thanks for the check up and the information was well worth the investment. I really needed a template on how to go about this and you should feel good that you have provided a very valuable tool.”


Bryan Rolfe - Huntington Beach, CA - “Just wanted to let you know how useful I find the program purchased recently through your web site… I have used it as a guide and feel much more comfortable knowing I have this resource to rely on and help me through all the stages and details.”


Eric Johnson- Bountiful, UT - "Your course has taken much of the guesswork out the process for me. With out your help (and the course) I may not have had the nerve to make the Letter of Intent offer."


Tanya Januszko - Carlsbad, CA - “I ordered your e-book back in June (order ID: 76105) and it's been a great help to me and my husband. It's a great value add that you allow e-book customers to email you with questions. And I love the email tips you send now and then. I'm a marketing gal so my radar is always up for good marketing practices. Thanks for your time. And thanks for the road map. It makes driving the car much easier. “


Mark Kroeplin- Bottineau, ND - "Thanks for the follow up. I’ve been going through the information you sent and found it to be very interesting and more to it than I had expected."


Jim Brown – - San Francisco, CA - "How To Buy A Good Business At A Great Price is a must read for all business buyers. The tips and information you learn from this course are amazing. Highly recommended - it will save you time and money!"


Donna LeClair and Mark Wormwood - Mount Ida, AR - “We have found your information straight forward, easy to understand and packed with valuable tips that we would have overlooked had we started our search prior to reading this guide. The knowledge we have gained has given us a boost of confidence that we formerly lacked. Thank you for your insight.”


Rich Lalley - Lake Zurich, IL - “I just finished my first "read through" of your book. Very well done...easy to read, thorough and with some excellent business philosophy and negotiating tactics.”


Jerry Lineback- Winston-Salem, NC - “I am about 75% through my 'first pass" of your book. It is really very educational, and I am learning much more than I expected. In other words, you've made me feel quite good! I also like the profile of your marketing approach... very even and low pressure…Glad to find a non-Rich Dad format.”


Allen Lee – Chandler, OK - “Thanks for your insight!! Your book has really helped focus my business plans and put the buying process into manageable steps. Kudos to you!!”


Scott Morrow - Western Springs, IL - “I am very impressed with the program. You have put together a great instructional guide for me-the first time buyer. Thank you for the information, it's worth a lot more than I paid for it.”


Steve Pisano - Des Plaines, IL - “Mr. Parker, I can't thank you enough for your wonderful course. I have the energy and desire, but your course provided the direction and information I could not find else ware in such an efficient format. I am just starting my pursuit into buying a business, and have no doubt that will be the end result. Thanks again”


Henry Segal- Austin, TX - "You won't believe it but I got the ultimate compliment at the deal closing last week: the seller called me a "shark". I figured you'd love to hear that. Thanks for everything and I'll be in touch."


David Sturzenegger- Runaway Bay, QLD Australia - “I recently purchased your book, how to buy a good business at a great price. I have found it to be invaluable so far.”


Stan Smith- Gahanna, Ohio - “I have hardly put the book down since I printed it. “


Selene Yin - Knoxville, TN - "Thank you a lot for guiding me through the buying process. I know I have never met you. But I know you are here helping me and guide me on every step with your extensive experience as well as spiritual encouragement. It makes me feel so confident to move forward to owning my own business. I will follow your advice to contact the listing brokers respectively and let you know my process."


Gennady Zelenkov - Wellington, New Zealand - “You have created a great course on business buying.”


Drew Fleming - Evans, GA - "I found your course to be an excellent resource and some of the wisest money I have spent."


Mark Ford - Mt. Juliet, TN - “I am so glad I found your book. I've been working at a job that really has not satisfied me. I've always said I was going to own my own business some day, and I've decided that now is the time. I'm about half way through the course and I get more and more excited everyday, it’s all I think about. Thank you for any guidance you can give me, and thank you for writing this course. I don't know that I would have ever gone through with this if I would not have found your book. “


Bill Sawyer, Jr. - West Monroe, Louisiana - “Dear Mr. Parker I like your program so much that I just ordered a copy for both of my sons.”


Steve Simpson – Pasadena, CA - “I use your book as if it were the manual for assembling a jet engine or something. Like the Bible. I can't tell you what an asset it has been. Thanks Again!!!”


Henry Wang- Doraville, GA - "This program is exactly what I needed. I am currently looking to purchase an existing business (first timer) and have been disorganized and haphazard. I wish they taught something like this in college. It seems all the skills they teach in universities are only useful when working for companies. This product is certainly value-added."


Jerry Watkins- Norris City, IL - "I am about 3/4 of the way through the course. It is nothing short of great. It cuts to the chase and does not beat around the bush. Thanks!! "


Jeff Boaz- San Diego, CA - "Your course is superb. My only regret is that I had not run across this resource earlier, prior to my last business."


Peter Washington- Maidstone, Kent, United Kingdom - "Now that you are checking up on me, thanks,, for the follow-up. Yes the material is invaluable and needs a Mind-Changing attitude to reel in the benefits.... Somewhat like cosmetic surgery of the mind."


Emily Mallory – Bay City, MI - “I wanted to write and tell you how thrilled I am with your course. It has really inspired and reassured me that I am doing the right things in order to buy a business.”


Don Daszkowski – - Sayreville, NJ - "After having the pleasure of dealing with Mr. Parker one on one, I have to say that I couldn't imagine purchasing a business without his guidance. If you are planning on purchasing a business How To Buy A Good Business At A Great Price is a must have."


Sweta Shah, Norcross, GA - " BuyTradeBiz is proud to be associated with Richard Parker and How to Buy a Good Business at a Great Price! The guide offers invaluable tools and resources for any one that is planning to buy a business or selling a business or interested in franchise for sale offerings. The articles on the website are highly informative and a must read for both current and prospective business owners."


David Fairley - President -  WebsiteProperties - Yelm, WA - - "I found the depth of knowledge, the resources and sound advice in Diomo’s course to be invaluable. This is a must have buyer's bible for anyone contemplating purchasing a business."