The #1 Website to Find Businesses for Sale in California
Successfully Selling California
Businesses Online Since 1994!

Over 200 New Listings Daily!
Businesses Sold This Month: 500
Businesses Sold So Far This Year: 1,723

Selling A Business?
Advertise On BizBenBuying or Selling a Business? - Place an Ad Now!

Purchase Business Tip: Get An Independent Appraiser



business acquisition
Today's Purchase Business Tip: Get An Independent Appraiser - Book value is almost always lower than market value. According to the IRS a business must be valued at "fair market value." That is looking at both the financials of the business and the industry in which it does business. Most businesses under-report to the IRS and over-report to potential buyers. Get your business appraised by an independent appraiser.

BizBen viewers rated a juice bar franchise business, a vending routes opportunity, and a dry cleaning shops listing as some of the more popular California businesses for sale that were listed yesterday on BizBen.com.

Todays Top 10 BizBen List Of California Small Businesses For Sale That Viewers Rated Most Popular:

1. Juice bar franchise business for sale in Covina - smoothie king, juice bar with nutritional supplements.

2. Vending routes opportunity for sale in S.F. Bay Area - bay area vending routes for sale.

3. Dry cleaning shops listing for sale in N. Sacramento - 2 well established dry cleaners (1 drop-store, 1 plant) huge potential!

4. Pizza franchise company for sale in Natomas - located in new area, walking distance to major sports arena.

5. Beauty salon business for sale in Palo Alto Downtown - modern beauty salon with a full range of beauty services available.

6. Beauty supply/salon opportunity for sale in Baldwin Park - fast growing beauty supply/salon in a new shopping center w/ fwy visibility.

7. Auto transmission company for sale in Chatsworth - long running and profitable auto transmissions and auto repair business.

8. Blinds manufacturer listing for sale in Los Angeles - window covering manufacturer - (wholesale only).

9. Photography studio opportunity for sale in Walnut Creek - well known, long estab! Photographers on staff. Owners manage only. Growing!

10. Beauty supply/salon business for sale in La Verne - long established beauty supply/salon/nail shop in a neighborhood shopping ctr.

Posted on May 24, 2007  |   Email This Blog Post   |   Print This Blog Post

 Categories: Buying A Business, Selling A Business
 

Comments:

One of the first calls a business buyer generally makes after he decides he wants to move forward with the purchase of a business is to his accountant for guidance on valuation. While there are accountants who are very skilled and experienced in valuing and appraising businesses, the large majority of them have very little experience, if any, in the valuation of privately held businesses. While I am certainly not suggesting that you don’t seek guidance from your accountant, you might be better served by seeking the advice of a credentialed business appraiser. I have seen fortunes lost based on valuation guidance from accountants who spend most of their time filing tax returns and compiling financial statements.

Posted by: Paul Giannamore, Potomac Valuation Services

An independent valuation is a great tool for selling your business. Last year I listed an excellent business with clean books and records. I quickly put together a very professional profile and got a great offer from a qualified buyer. I then took it to several SBA lenders. Only one of the six lenders I took it to was moderately interested. I was stunned at the response. I immediately met with the sellers and advised them to get an independent business valuation. When the valuation confirmed the purchase price that we all had agreed on, the “non-interested” lenders were very ready to work with us on getting a loan.

Posted by: Joe D. Robertson, Southern California Business Brokers | Link


Submit Comment
First Last
Company Email URL
Comment
I have read and understand the BizBen Privacy Policy


Other Blog Posts/Articles You May Be Interested In

Buy A Convenience Store With Confidence - Tips For C-Store Buyers

Purchase a Business With Limited Cash - Five Tips

Handling Inventory In Connection With Selling A Small Business

Car Wash For Sale Valuation And Tips - Car Wash Buyers Guide

Before You Buy Gas Stations Ask These 5 Questions

Working With The ABC - Inside Look At Liquor Licenses

Southern California Deal Gets Derailed

Tips on Selling a Small Business in 2010

When To Sell Your Business - Many Factors Play A Part

Adjusted Net Income - Adding Back In One Time Expenses

Due Diligence - What You Don't Know Can Hurt You!

Buying A California Business - 10 Important Items

Unreported Income Claims - What Should A Business Buyer Do?

Selling A Business: When And How To Tell Employees

Buying A Tax Service Business Or CPA Firm



Categories
Answers To Viewers Questions
BizBen Blog Contributor
BizBen News
BizBen Online Talk Show
BizBen Talk Radio Show
BizBen Top 20
Business Broker Information
Business Broker Issues
Business Buyer Experiences
Business For Sale Statistics
Business Purchase Financing
Business Valuation Issues
Businesses Wanted To Buy
Buying A Business
California Educational Events
Deal And Escrow Issues
Deals Gone Crazy
Franchises For Sale
How To Buy A Business
How To Sell A Business
Selling A Business
Small Business Financing
Small Business Issues
Recommended Sites
Businesses Sold Statistics
Business Opportunity California Statistics In California
Selling & Buying Resources
Buyer Profile & Personal Financial Statement Form - Example
Disclosure Agreement - Sample Form For Sellers And Buyers
How To Buy A California Business - Book
Non Disclosure / Confidentiality Agreement Form - Example
Purchase Price Allocation Form - Example
TIIC Method | How To Buy Or Sell A Business



Disclaimer
Opinions expressed on this site do not necessarily represent those of BizBen.
Opinions expressed here do not constitute legal advice. Those interested in specific guidance for legal matters should seek competent professional advice.
About This Blog
Peter Siegel, MBA is a nationally known consultant and author - with over 25 years experience on the topic of selling, buying, and niche financing (the purchase of), small to mid-sized businesses. His clients include: business buyers, business owners/sellers, small business advisors, and business brokers.
This Blog contains observations, tips, news, events, and case studies relating to selling or buying a small business.
This Blog is ideal for business buyers, business owners, advisors, business brokers & agents.



Contact Me
Contact me by email
for blog post ideas.


Contact me by phone
at 866-270-6278
Recent Posts
Why Sell Your Business? Broker Christina Lazuric Explains Why Owners Sell
What To Do When Your Business Isn't Fun Anymore
Bankruptcy Sale - 4 Wingstop Franchises, LA Area: 3/2/12
Northern California Laundry Seminar - How To Buy A Laundromat - 2/16
When Taking A Listing - Does It Feel Right?
Bankruptcy Sale - Sizzler Franchise Auction: Wednesday 2/29/12
Southern California Laundry Seminar - How To Buy A Laundromat - 2/16
How To Buy A Coin Laundry - Live Workshop - San Diego Saturday 2/18
How Coin Laundry Owners Can Control Rising Utility Rates
Earn Outs - Latest Feedback, Structuring An Earn Out

Share     Email
Email     Subscribe
Share     Print

Darleen Sweet Central Escrow Services
Midas Franchise Resales For Sale Throughout California
Medical Dispensing System Business Opportunity

We Accept

We're Secure

We're Online

BizBen on BlogTalk Radio BizBen on Twitter

BizBen on StumbledUpon

Disclaimer

Pawn Shop Check Cashing Store For Sale Jeff Gray Business Buyer