How to buy a business in Lithuania
Practical questions to organise the conversation before a transaction.
Start with the business you can operate
Choose an activity you understand, a location you can manage and a realistic budget. Separate the purchase price from the money needed after the handover: inventory, rent, staff and working capital. A cheaper listing is not automatically a better fit.
Ask what is actually being sold
Clarify whether the offer concerns company shares, selected assets, a brand, equipment, a website or a customer portfolio. Ask for an itemised list. For an online project, check the domain, source code, hosting, licences and third-party accounts rather than assuming that every account can be transferred.
Request evidence for the figures
Ask which periods the revenue and profit figures cover, what records support them and which costs have been excluded. Compare recurring revenue with one-off sales. Discuss the owner's work, seasonality, major customers and the effect of losing a key supplier. A screenshot alone does not explain the whole business.
Plan a staged review
Begin with the public description and specific questions. Agree on confidentiality before exchanging sensitive documents. Review the relevant records with independent legal, accounting or technical specialists where appropriate. This guide is a preparation checklist, not a valuation or legal opinion.
Agree the handover before committing
Discuss what the seller will hand over, when access changes and who assists during the transition. Include the training scope, inventory, documentation, ongoing subscriptions and any work still to be delivered. Record the agreed conditions and use an appropriate agreement before paying.