By Rémi Dudreuil, Managing Director of Cabinet Licence 4
Updated on
How a buyback by the firm works
In a standard sale, the seller waits for a buyer to come forward, obtain financing and, often, the transfer authorisation. A buyback removes that wait: Cabinet Licence 4 buys your licence, then takes care of selling it on.
- ValuationAn expert calls you within 24 working hours with the price of your licence and our buyback offer.
- CheckWe check the licence: category, holder, date it was last operated.
- SignatureOur lawyers prepare the sale contract. You sign it, then the price is paid to you.
- PaymentThe price is paid within 48 hours of signing, without waiting for the transfer.
Speed, certainty, no conditions precedent
A buyback depends neither on a buyer's loan nor on a transfer authorisation. Once the contract is signed, the sale is final and the price is paid.
- You know your price from the valuation
- No viewings, negotiation or chasing to manage
- You are paid within 48 hours, however long the transfer takes
Buyback or sale: what price?
The buyback price reflects the time and risk the firm takes on in your place: it is usually lower than the price you can hope for from a sale to a buyer. It is the price of speed and certainty.
Your expert gives you both figures, the buyback price and the expected sale price. You choose with full knowledge.
| Buyback by the firm | Sale to a buyer | |
|---|---|---|
| Who buys | Cabinet Licence 4 | An entrepreneur from your area |
| Timing | Signature and payment within 48 hours | Depends on demand for your licence |
| Price | Firm offer, known from the valuation | The best price on the local market |
| Conditions precedent | None: no transfer or loan condition | Those agreed with the buyer |
| Fees for you | None | None |
Both options start with the same free valuation of your Licence IV. Nothing commits you until you sign.
When a buyback is the right solution
- Your premises are closed and the licence is no longer operated
- You are retiring and want to close the matter quickly
- The five-year deadline without operation is approaching
- You need cash for another project
- Your licence is in a town where buyers are rare
The conditions of the buyback
For us to buy back your Licence IV, it must be valid, that is operated within the last five years, and its holder must be able to sell it. In insolvency proceedings, the offer is sent to the administrator or the liquidator.
- The declaration receipt for the licence issued by the town hall (it shows the category)
- Proof of the last period of operation: accounts, tax returns or invoices of the business
- An identity document of the holder and, if the licence belongs to a company, a Kbis extract (company registration certificate)
- The holder's operating permit (permis d'exploitation), if available
Missing a document? Let us know at the valuation stage: we will help you find it or have it issued.