Business and Real Estate for sale, different owners

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February 07, 2023

by a searcher from Harvard University - Harvard Business School in Denver, CO, USA

Neither owner knows the other is selling yet - but I wouldn't want to buy one without the other. How would one go about potentially securing both without committing to buy until both are under contract?

Does anyone have experience with a deal like this?

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Reply by a searcher
from University of Pennsylvania in New York, NY, USA
I would think your best play is to get the real estate under contract with some sort of deposit that's fully refundable for a period of time while you work through the business side of the transaction. The real estate contract should be pretty straightforward and you can likely remain anonymous through the transaction especially during your diligence period.
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Reply by an intermediary
from Wake Forest University in Winston-Salem, NC, USA
The business is by far the biggest risk from a confidentiality breach. Are these two currently tenant - landlord? Or is this a separate building, not the one the business is currently in? If tenant - landlord, the tenant needs to be the one to disclose to the landlord that they are selling, opening the door for you to discuss with the landlord.
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