Business Opportunity Sales

This takes you to the General Information page which defines business opportunity and seller and their roles. Also, the page includes a list of required documents for initial filing as well as instructions for updating a registration.

The content on this page is as follows:

A business opportunity (Bus-Op) is the sale or lease of any products, equipment, supplies or services for the purpose of enabling the purchaser to start a business.

The seller must also represent one of the following four things:

• That the seller will provide locations or assist the purchaser in finding locations for the use or operation of vending machines, racks, display cases or other similar devices or currency-operated amusement machines or devices, on premises neither owned nor leased by the purchaser or seller; or
• That the seller may, in the ordinary course of business, purchase any or all products made, produced, fabricated, grown, bred or modified by the purchaser using in whole or in part the supplies, services or chattels sold to the purchaser; or
• The seller guarantees that the purchaser will derive income from the bus-op which exceeds the price paid for the bus-op; or that the seller will refund all or part of the price paid for the bus-op, or repurchase any of the products, equipment, supplies or chattels supplied by the seller, if the purchaser is unsatisfied with the bus-op and pays to the seller an initial, required consideration which exceeds two hundred dollars ($200); or