Guide

Turnkey and Ready-Made Businesses: What You Get and What to Check

A business set up for you but not yet trading much — how it differs from buying an established business, and the questions to ask.

A "turnkey" or "ready-made" business is one someone has set up for you to run: the company, brand, website, systems and often training are in place, but it has few or no customers of its own yet. It sits between starting from scratch and buying an established business. Here is what that means in practice and what to check before you pay for one.

1. How it differs from an established business

2. What should be included — get the list in writing

3. Questions to ask the seller

4. Your own plan

5. Where to look

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General information, not legal, tax or financial advice. Last updated October 13, 2026.