Frequently Asked Questions
FAQ for buyer
You can easily contact the seller through VentureGrab's platform. Simply click on the "Contact Seller" button on the listing, and you'll be directed to a contact form.
To get more details about a business for sale, you'll need to contact the seller or their representative through the contact form on the listing. VentureGrab cannot provide further information, as it is the seller's responsibility to provide detailed information.
Once a business listing has been sold from VentureGrab's platform, you will not be able to contact the seller. It's recommended to enquire as soon as possible if you're interested.
Include information about your objectives, such as your available finance, desired deal structure, and immediate relocation capability if necessary. This helps you stand out as a serious buyer.
VentureGrab's team receives a high volume of queries and does its best to respond promptly. If you haven't received a response, kindly reach us at [email protected].
While VentureGrab ensures listings are genuine, it's the buyer's responsibility to conduct due diligence. Contact the seller for more information. For additional support, contact VentureGrab.
No, registration as a buyer on VentureGrab is free. Simply create a free account to get in touch with owners.
Sign into your account on VentureGrab and edit your details in the Account Settings.
Use the search bar and enter the sector/ industry you're interested in, along with keywords. You can also browse popular/ featured categories. You can also sign up for email alerts or the monthly newsletter for new business opportunities.
The time to buy a business can vary but generally takes between 3 and 8 months, depending on various factors.
Contact the representative selling the business directly for details on where to send your NDA, generally found in the documentation you receive.
Yes, you can contact the owner directly through the "contact seller" button on the business listing on VentureGrab.
Whether you buy the company's debt depends on the type of sale. In an asset sale, you won't purchase the debts unless negotiated. In a stock sale, you will take on the seller's debt and obligations.
FAQs for Investor/Franchise Opportunities on VentureGrab
You can search for franchise opportunities on VentureGrab by selecting a franchise category, using keywords, specifying your personal investment range, or choosing a state.
To learn more about a franchise opportunity on VentureGrab, click the 'I’m interested in this business' button to contact the franchisor or franchise representative. Provide detailed information in your enquiry for a prompt response
No, communication with franchisors on VentureGrab is free of charge.
Franchisors typically respond within one working week. If you haven't received a response, check your messages. Franchisors need to assess if you're a suitable candidate, so ensure your enquiry demonstrates genuine interest. You may also email to support@venturegrab if the franchisor hasn't replied to you.
Providing detailed information helps franchisors verify your enquiry's authenticity and assess your credentials to run the franchise effectively.
You may use specific keywords related to the type of franchise you’re interested in. For example, if you’re looking for a food and beverage franchise, try searching terms like "restaurant" or "cafe" .
The cost of buying a franchise varies widely, ranging from RM500 to RM500,000 or more, depending on the franchise.
Franchise agreements can last between 3 and 20 years, depending on the franchise. Be sure to perform all due diligence with the seller.
Franchise fees are typically non-negotiable.
At the end of a franchise agreement, you can decide whether to renew or terminate it.
For low-cost franchise opportunities, browse VentureGrab's list of low-cost franchises by selecting a lower price range.
FAQs for Investor/Franchise Opportunities on VentureGrab
Advertise your franchise on VentureGrab Here (Link to pricing page). A team member will contact you to discuss your advertising needs.
Franchise advertising packages on VentureGrab start from RM2,980 per month, with other options available for overseas market, increased exposure and lead generation. Contact VentureGrab for more information.
Advertising your franchise on VentureGrab offers benefits such as high-quality leads, with a guarantee of 10 leads in 3 months or your ads continue to run for free (30 leads maximum)
View your leads and listing impressions in your account dashboard on VentureGrab. You will also receive an email notification when a new enquiry is made on your franchise opportunity.
FAQs for Investor/Franchise Opportunities on VentureGrab
Generally, it takes 6-12 months to sell a business, but this can vary depending on the business sector, market conditions, and the accuracy of your valuation.
To increase your listing views and enquiries on VentureGrab, ensure that all your information is accurate, detailed, and descriptive. Consider adding clear photographs and purchasing boosting packages for increased exposure and guaranteed leads.
If you're not receiving replies from customer service on VentureGrab, please contact us at +6018-6689778 and a member of the team will assist you promptly
VentureGrab ensures that inquiries from serious buyers are delivered to you by reviewing and limiting potential spam enquiries. However, performing your own due diligence is encouraged.
If you are on a paid advertising package, buyers will provide their contact details when they message you, and you can use the free credits received to unlock their contacts. If you listed your business for free, you'll need to purchase credits to unlock buyer details and reply to them.
It's recommended to send your financial details to a buyer after they have signed a non-disclosure agreement (NDA).
After making a transaction on VentureGrab, you will receive an email receipt containing a valid invoice.
Plan for a minimum of six weeks to sign contracts and handle any legalities, but the time frame can vary based on the business nature and any legal complexities.
Yes, you can. VentureGrab offers a guide on how to sell a failing business and allows you to categorize your business as 'distressed' so buyers interested in distressed businesses can find your listing.
While not mandatory, having a lawyer can make the process easier, as there will be legal contracts to understand and sign.
No, you don't need a broker, but hiring one can help you focus on running your business while they handle the sale process.
To expedite the process, consider our advertising packages, ensuring an accurate business valuation, and presenting your business attractively with unique selling points, descriptive content, and high-quality images.
Privately selling your business can involve reaching out to customers, potential buyers in your network, or even competitors. Alternatively, you can sell your business online through VentureGrab to access a large pool of interested buyers.
Deciding when to sell depends on various factors. VentureGrab's guide on selling a business lists circumstances indicating the right time to sell
While not necessary, having an accountant can be beneficial due to their expertise in financial insights, deal structures, and attracting buyers.
Typically, the seller retains cash and accounts receivable, while the buyer takes control of other assets like equipment, brand, and merchandise. In some cases, the buyer may take control of accounts receivable to start dealing with customers immediately.
An NDA, or Non-Disclosure Agreement, is a legal document that protects a seller’s business during due diligence and negotiations by ensuring confidentiality of sensitive information.
Choose a broker with experience in your business sector and size, and establish a trustworthy relationship with them for a successful sale.
Creating a Listing on VentureGrab
Advertising on VentureGrabstarts at RM2,980, with a guarantee of 10 leads in 3 months or your ads continue to run for free.
Your personal contact details remain anonymous on VentureGrab, but all information in your listing (excluding personal contact details) is public.
Buyers will send an inquiry directly to your email & VentureGrab account dashboard. You can screen the messages prior to unlocking buyer details. To access buyer inquiries, you must purchase credits to unlock buyer details.
Sign into your account on VentureGrab to make changes to your listing and monitor enquiries
VentureGrab will notify you two weeks before your advertising period expires, giving you the opportunity to renew. You can also renew your listing in your account after it expires.
Sign into your account on VentureGrab to change or update your personal details, which will update immediately. Changes to your listing will take up to 24 hours to update
Aside from additional benefits for increased exposure, VentureGrab offers boosting packages to expand your reach and maximize leads. Contact VentureGrab for more information on upgrading.
If you have another business to sell, click the ‘create new listing’ button in your account on VentureGrab.
Yes, it will. Content-rich listings on VentureGrab perform better in search engines.
