e97e341c_ting_business___Small_Business__Advantages
[0] Regulatory Consents [Disadvantages] Regulatory consents might not be assignable, so you will have to obtain new ones. In addition, the business you are purchasing might have a poor compliance record – which you will inherit. [Advantages] 
If the business requires some form of regulatory consent in order to operate, then the consent held by the existing business might – in some cases – be assignable or transferable or might continue to be valid despite a change in control.
Advantages and disadvantages of buying an existing business - Small Business
Advantages