BUSINESS EVALUATION

 

This Agreement (herein so called) is entered into on this date between "William Twigg Intermediary" herein after called Business Broker and ________________________________ the owners or authorized representative of the owner which owns the business known as ______________________ ___________________________________ located at _______________________ hereby orders and agrees to pay for a Business Appraisal. To pay $500.00 upon execution of this agreement, this amount includes up to (2) Two hours for all services rendered, including the preparation of the appropriate documents and consultation. Thereafter at 100.00 per hour, plus actual expenses for advertisement is listed for sale, telephone call, out - of - town travel and living expenses. This fee will cover the actual time expended on the Seller(s) project, regardless of where the work is performed not to exceed 80 hours. Consultation in office will be paid at end of session, other fees and expenses will be paid upon receipt of invoice.

If and when the business is listed and sold through this Business Broker the Business Broker will credit 50% of amount paid for appraisal by Seller(s) herein against commission earned by Business Broker under the Listing agreement. Seller(s) hereby authorize(s) the Appraiser, Business Broker and their Agents to contact the seller(s) accountant, landlord, encumbrance holders, franchisers, vendors, attorneys, or anyone else connected with the above said business: all such parties are hereby authorized to give the Appraiser, Business Broker, or their agent any and all information requested about the Business.

The undersigned, Seller(s) warrants that he/she or the owner of record of said Business, whether real or personal and the undersigned hereby acknowledge receipt of this agreement and acceptance thereof.

Real Estate not included.

________________________________
Seller 1

________________________________                ___________________________________
Print Name and Title                                                       Social Security No.

________________________________                __________________________________
Address                                                                           Phone

________________________________
Seller 2

________________________________                ___________________________________
Print Name and Title                                                       Social Security No.

________________________________                ___________________________________
Address                                                                           Phone

________________________________                ___________________________________
Federal I. D. No.                                                              State License No.

________________________________                Date ____________________ 19 __________

Business Broker
William Twigg
Phone (717)728-4409 Fax (717) 728-1216