I pursued a purchase but didn’t ultimately do the transaction. Biz BuySell connects you with brokers. The brokers set up a call with you and the business owner. So it really varies. The website doesn’t do anything to guarantee or standardize your process.

Looking at the CIM helps a lot. Also the business descriptions on Biz BuySell are vague. You’ll want to talk with the current owner about the business.

These websites are a great way to do competitor research if you pose as a buyer, read the CIM, and then don’t buy.

Business broker here.

I use BizBuySell regularly to sell businesses and help buyers find opportunities. It’s the most popular business for sale listing site in the US and probably the world.

The site is excellent at connecting buyers to brokers.

It’s not so good at connecting buyers to sellers, or sellers to brokers. It’s also not a reliable source for accurate information.