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Buyer Profile for :PTU Scooter Rentals _________________(Please print your name) (date)____ Name of Business: PTU Electric Scooter Rentals for Handicap & Slighty Mobility Impaired Please complete, sign and send back via /email or fax to 919 786-9662

Pro Biz Consulting utilizes this form to qualify prospective buyers on behalf of our Client Company(s). In addition, this form will provide information for the purpose of identifying and presenting businesses for sale that may match your criteria.

Please be advised that this form must be accompanied by a signed Pro Biz Consulting Confidentiality Agreement before any confidential business information will be released. This form must be filled out completely and returned via email or fax to (919) 786-9662. Incomplete information will slow down or restrict the information we can share with you.

Providing this information to Pro Biz Consulting in no way obligates you to enter in to an agreement to purchase a business. Pro Biz Consulting, Inc, (Pro Biz Appraisals, Pro Biz Merger & Acquisitions). employees, subsidiaries, agents and/or affiliate brokers are not responsible for verifying the accuracy of information provided to either party and that each party shall independently complete a thorough due diligence prior to entering into any agreement.

Pro Biz Consulting, Inc. 5540 Centerview Drive Suite 200

Raleigh, NC 27606

(919) 424-6300

Email as attachment to: Lou@probiz.us

Ten (10) Pages including this cover sheet, the last 4 pages need not be returned.

Pro Biz Buyer Information Questionnaire

Contact & Background Information

|Buyer Profile |

|Name: Company: |

|Address: |

|City, State, Zip: Website: |

|Home phone: |Work phone: |Mobile phone: |

|Home email: |Work email: |Spouse: |

|Preferred Method of Communication |

|Home phone |Work phone |Mobile phone |

|Home e-mail |Work e-mail |Other: |

|Background Information |

|Please list previous business ownership: |

| |

|3. |

|Please list opportunities you have considered recently: |

| |

|3. |

|What are your business objectives? |

|Are you currently employed? If so provide brief description below: |

|(Attach a Resume or other Bio if you feel it will be helpful) |

|Geographic Preferences: |

| |

|3. |

Acquisition Targets

Please provide more information about the types of businesses you prefer and any specific search criteria {Please be as specific as possible}.

YOUR Top five acquisition targets by industry

1.

2.

3.

4.

5.

Financial Information

|Financial Profile |

|Personal liquid capital available to invest: $ (Must have full amount cash |

|payment). |

|Other personal or “near” liquid capital available: $ |

|High Net Equity Buyer’s, PEGS, etc. will have their own Financial Statements to provide for verification of funds. If you don’t have one, please |

|use the one provided below. |

|Monthly Income Requirements: |Do you have the ability to act quickly? |How long have you been searching for a business? |

Additional Funding Sources

|Please list additional funding sources below: |

| |

|3. |

Personal Financial Statement General Only - do not specify Acct numbers or location .

Buyer’s Disclosure Statement

This series of questions and answers is to inform the seller about potential buyers of the business. This information is supplied to the seller to determine a buyer’s qualifications to buy and operate the business, but does not take the place of the seller’s investigation of the buyer. Pro Biz Consulting, Inc., its employees, subsidiaries, agents and/or affiliate brokers are not responsible for verifying the accuracy of information provided below.

If you have answered YES to any question above, please provide an explanation below referenced by the question number:

Question #

Question #

Note: A “Yes” to any of the above 7 Questions will NOT prejudice us against you. Signatures Next Page

By signing below, I acknowledge that the information provided to Pro Biz Consulting, Inc. on this form is true and correct. In addition, I understand that Pro Biz Consulting, Inc. has an Exclusive Representation Agreement with the Seller or their Authorized Agent. The Seller pays the commissions. I agree that should I buy, lease or come into possession through a partnership or other means of any business or entity introduced by Pro Biz Consulting, Inc. for the period of 2 years from the date below, that I will protect Pro Biz Consulting, Inc. rights to a full commission. Based on the aforementioned information, I understand that should I interfere in any way with Pro Biz Consulting, Inc. right to a commission, that I may be personally liable for the payment of that commission.

Receiving Party

If this party is a partnership, corporation or any other entity, the person(s) signing on behalf of the Party represent(s) and warrant(s) that they have the authority to enter into this Agreement on behalf of the Client.

By:

Name:

Title:

Pro Biz Consulting, Inc. SHALL CONDUCT ALL ACTIVITIES IN REGARD TO THIS AGREEMENT WITHOUT RESPECT TO RACE, COLOR, RELIGION, NATIONAL ORIGIN, HANDICAP OR FAMILY STATUS OF ANY PARTY OR PROSPECTIVE PARTY.

NDA and CONFIDENTIALITY AGREEMENT

As a Prospective Purchaser(s), I (we) understand that certain business sensitive and confidential information, both written and verbal, may be provided to or be made known to the undersigned by Pro Biz Consulting and/or its Clients. Such disclosure may encompass anything from merely the name of a listed business to highly detailed operational data. For record purposes, the Company name and date of initial disclosure shall be recorded below. In consideration for having been provided any such information, it is agreed:

1. Not to divulge such information to others, except to secure their advice and counsel. Buyer agrees not to use information gained to open or start a similar or competing business.

2. To conduct all further inquiry into the disclosed business opportunity exclusively through the offices of Pro Biz Consulting which company is acknowledged to be the agency first providing such information to the undersigned and

3. To certify that the purpose of my inquiry into all confidential information is for legitimate purposes and with no intention of harm to either the Seller or Pro Biz.

DISCLAIMER

All information and materials provided by Pro Biz Consulting to prospective purchasers have been provided in good faith by our client, the Seller; however accuracy is not guaranteed and all information should not be considered complete. While statements may be presented concerning a matter of opinion, whether or not so identified they are only statements of opinion and should not be construed as fact. PRO BIZ CONSULTING MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESSED OR IMPLIED. All information provided is for confidential use and is to be used solely for the purpose of evaluating the company as a potential purchaser. Pro Biz represents the Seller and the Seller pays the fee to Pro Biz, not the Buyer.

Receiving Party

If this party is a partnership, corporation or any other entity, the person(s) signing on behalf of the Party represent(s) and warrant(s) that they have the authority to enter into this Agreement on behalf of the Client.

By:_____________________________ By: ______________________________

Print Name:______________________ Print Name: _______________________

Title:

probiz.us

First Time Buyers Guide to Purchasing a Business with Pro Biz (If you are a Pro, this is old hat!)

Louis R. Sauer, Business Consultant/Intermediary

Certified M&E Appraiser, Certified Business Valuation, Master M&A Advisor

SECURITY: A big advantage in buying an existing business is that you have as the new owner an immediate CASH FLOW and an ESTABLISHED CUSTOMER BASE. You don't have to build a business; you simply take over an existing successful business with the present owner's assistance.

FINANCING: We assist you in obtaining financing. Banks are reluctant to finance business purchases for several reasons. Most small businesses attempt to minimize profits shown on financial statements in order to reduce tax liability. Most small business lack sufficient hard assets that can be used for collateral and most first time Buyers usually do not have proven business track records. Over ninety percent of business purchases are financed by the Seller, and in doing so, demonstrates the Seller's confidence in the business and in you.

CONFIDENTIALITY: Unlike the sale of real estate or franchises, the sale of an ongoing business is very confidential for both the seller and the prospective buyer. All inquiries are held in strict confidence. Meetings are confidential, and we are available after hours and on weekends.

THINGS A BUYER SHOULD KNOW: We at Pro Biz are advocates of finding a business that you like and feel comfortable managing, and you, like every other buyer, have a vision of being your own boss and making your own decisions. An old saying in the real estate industry is. .."The three most important things a buyer should look for are location, location and location." While location is important to a business buyer, be aware that track record and management are the other two essential components of a successful business. Not all businesses, however, are so well balanced. You may find one that you like has a good location, but because of poor management, does not show a very good track record. Purchased for the right price and terms and with proper management, this business could become highly successful. Also note that it is the market, not necessarily the circumstances of the sale that determines the price. Even though some business may sell for considerably less than their listed prices, good businesses demand and get good prices, so expect to pay for value received. Remember, buying most often is a negotiation, so do not be afraid to make what you may consider to be a fair offer even if it may seem low.

THE PROCESS OF BUYING A BUSINESS: Evaluate the basic information provided by Pro Biz. Compare any alternative businesses that appears interesting to you and narrow down your list.

Visit the business, if publicly accessible, without announcing yourself as a buyer to get a "Feel" for the business.

Use your Broker as a Consultant. Have him arrange a meeting with the seller. This is your opportunity to become acquainted with the business through questions and discussions; however, neither the price nor price negotiations are to be addressed here. You simply want to determine if you would feel comfortable in this business. Try to see yourself running this business. Husband and Wife should always both be present.

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Next, conduct your preliminary evaluation based on the information provided by the seller to Pro Biz and you.

If you feel that to the extent you understand the business and its finances that you would like to own it, make an offer contingent on confirmation of financial and business records, as well as other issues you deem important. Pro Biz will show you how to write an offer to protect you as the buyer. Very Important: Do not wait to make the Offer until everything is perfect. It may be too late. Use the contingencies as your “Escape Clause” if something is revealed in due diligence that is a deal killer. Otherwise, you may be talking about “The One that got away!” for a long time to come.

THE PROCESS OF PRICING A BUSINESS: Most small businesses are priced based on a Multiple of Earnings, Net Profits, which are “recast” to reflect “True Owner’s Net”, and generally just called “Cash Flow”. This multiple, X2, X3 X,4, X5, etc. is then adjusted upwards or downward depending on more than 12 important factors, such as “How long has it been established?”, “How loyal are the customers?” etc. There are however many more formulas beyond “multiples” for pricing based on industry type, and there is available pool data that has collected from historically completed deals and so forth. We regularly refer to and recommend Buyers and Seller’s to refer to “The Business Reference Guide” written and complied by Tom West. Also note: Multiple of cash flow pricing may or not include “Inventory”, “Accounts Receivable” or other transferable assets. If Real Estate is involved, this is always separated. For higher figure priced businesses, (i.e. Million Dollar and above) the “Discounted Cash Flow Method of Valuation” is also applied at Pro Biz. If you want to know more about this, we have another page on this topic. Or, just think of it as “ROI”.

CONSUMATING THE PURCHASE: It is important that the Buyer and the Seller each ensure that the resulting buy/sell contract is personally satisfactory both legally and financially. When an agreeable price has been reached, documents will be prepared for the closing. Generally, Buyer and Seller will each be represented by an attorney of their own choosing and at their own expense. Or you may agree with the Seller to share the cost of a closing attorney. The Closing Attorney can be instructed to draft a neutral set of legal documents to comply with the sales agreement, (but he generally can't represent both parties).

THEN... Close the purchase and begin your first day as the OWNER OF YOUR OWN BUSINESS. The Broker is here to see that it gets closed and doesn’t get paid until it does. We enjoy helping people from start to finish so we can say:

CONGRATULATIONS ON ACHIEVING THE AMERICAN DREAM OF OWNING YOUR OWN BUSINESS!!!!

(No need to email or fax back these four informational pages)

Please also see:  Acquisition Multiples and the Discounted Cash Flow Valuation Method also used by Pro Biz.

Thank you from:

Louis R. Sauer CSBA, MM&AA

President

Pro Biz Consulting, Inc.

5540 Centerview Drive, Suite 200

Raleigh, NC 27606

O- (919) 424-6300

F- (919) 786-9662

email: Lou@probiz.us

probiz.us







Call Us Toll-Free at 888-5PRO-BIZ

"We are nationwide, serving all 50 states.  If there is an airport within 200 miles and a rent-a-car agency, "YES!", we go there!"

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OPTIONAL RENTALS -Expand Nationwide Mobility Scooter Rentals (ID: 1153094)

Wake Co., North Carolina

Transportation  – Other Transportation

Wholesale and Distribution  – Wholesale and Distributors

The following is an alternative OPTION:

ADDITIONAL OPPORTUNITY…Business Description

This company incorporates the very well established 25 year history of renting electric scooters for handicapped and the mobility impaired. We are looking for both Owner Operators and Passive Owners to expand nationwide.

A Passive Owner will receive $2,000 per month for 36 months and return of principal $250,000. Basically, it's a guaranteed $2,000 monthly payment. The Owner Operator would be like a franchise only without all he paperwork and hoops. An Owner Operator should make $75,000 to $100,000 with a minimum amount of time invested each week. Much more if you are very motivated. At present the inventory of a minimum of 40 units is needed per each new location. There is sure to be a location in your proximity. (Some need 80 or more)

The NEW (to be open 365 days a year) locations require 40- 80 units per location. HERE IS THE ICING AND CHERRY ON TOP: We have developed a Prototype we call the PTU (Personal Transport Unit) which now, for the first time EVER, makes the rentals "Self-Service". By applying the "vending" concept we can now generate a minimum of more low cost rentals per a day per location, Each unit will have a "smart" touch screen to make it self service. This cuts down on labor costs. An Owner Operator alone, or with minimal help, can therefore manage a location 365 days a year. Or if you want to be passive, we'll hire the manager and pay you $2,000 a month Using a unit cost of $6,000 that requires a $240,000 for 40 PTU's. Thus we need a $250,000 "commitment" just for equipment and upfitting. However, this is not an actual franchise. It is a real and established business opportunity. We have the first group of 10 operating locations for sale and would like to open more in each major market. Retirement funds can also be used and this is pre-approved for self directed Roth IRA and rollovers without penalty or taxation under certain rules that we will explain if you are interested. The most profitable business you can own is the RENTAL Business. You rent over and over and obtain true REOCCURRING INCOME - 100% cash flowing to you again and again.

Lastly, remember this term. "SILVER TSUNAMI". If you take nothing else away from this ad, remember this term. The baby boomers control perhaps as much 70% of the individual savings, home ownership equity, have the most disposable wealth and are a HUGE force in the US economy. I am one. We are the largest economic demographic to market to if you want to be a successful business. Any business that serves this market, is riding the smart Mega Trend. Renting the PTU electric scooters, these are nice ones with a touchscreen, not worn out ones like at your local Superstore, at major pedestrian traffic locations is the best idea you will read about on Biz Posting sites. Don't miss out n this exciting new business opportunity!

We are selling both "franchise-type" locations for $250,000, $500,000 – Owner Operated, with full training; and company owned stores for $250,000 allowing you can be 100% passive.

Phil Solesky is our sales representative for this company and will personally answer your question, walk you through the two ways you can purchase a location and equipment, and even explain how easy it is to use retirement funds (401K, IRA, Roth, etc.)

We are launching up to 300+ new locations throughout the US. We will help set up new locations, staff, manage and run this for the next Owner.

********************************************************************

THIS IS FOR THE STATE FAIR SEASONAL BUSINESS AS ADVERTISED:

|Seller Financing Available! |

|Asking Price: |150,000 |

|Gross Revenue: |155,000 |

|Cash Flow: |$90,000 |

|Inventory: |$100,000 |

| | |

| | |

|++ included in asking price |

| |

IF ALL YOU WANT IS THE STATE FAIR BUSINESS, IGNORE ALL THE EXPANSION DESCRIPTIONS

Business Listed by LISTING BROKERPro Biz Consulting, Inc.

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Contact Broker:Louis R. SauerPro Biz Consulting, Inc.View All of My Listings Listing Tools

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Business Description

.

Re  My listing (BizBuySell Ad # 764512): PTU Electric Scooter Rentals for Handicap & Slighty lMobility Impaired

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Thanks

LOU

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Liabilities Amount in Dollars

|Current Debt (Credit cards, Accounts) |$ |

|Notes payable (describe below) |$ |

|Taxes payable |$ |

|Real estate mortgages (describe) |$ |

|Other liabilities (specify) |$ |

|Other liabilities (specify) |$ |

|Total Liabilities |$ |

|Net Worth |Amount Needed to Qualify for Business Listed? $______________ |

| | |

|Lenders do require a detailed Financial Statement. | |

| | |

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$

Total Assets

Assets Amount in Dollars

Cash - checking accounts $

Cash - savings accounts $

Certificates of deposit $

Securities - stocks / bonds / mutual funds $

Notes & contracts receivable $

Life insurance (cash surrender value, NOT face Amount) $

Personal property (autos, jewelry, etc.) $

Retirement Funds ( IRAs, 401k) $

Real estate (market value) $

Other assets (specify) $

Other assets (specify) $

1. Have you been the subject of any bankruptcy filing, assignment for benefit of creditors or insolvency proceedings of any kind during the last five years, or consulted with an attorney or advisor regarding such proceedings?

2. Have you been late or defaulted on a business premise or equipment lease?

3. Is there anything about your personal or business operating or credit history that might adversely affect the Seller’s decision to sell the business to you?

4. Are there any representations you have made to the Seller in this document regarding your financial statement or experience that are not true?

5. Is there any reason why you might be denied any licenses or permits required to operate a business?

6. Have you ever been convicted of any felony? 7. Have you ever had an SBA guaranteed loan?

7.

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Yes

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No

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