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10/23/07

Small Business Acquisition Tip: Money Is Not The Main Motivator


business purchase
Todays Small Business Acquisition Tip: Money Is Not The Main Motivator - When buying a small business income is not usually the top consideration. Many are willing to take risk and add their personal touch to a business. Perhaps they want to get out of a job and stop working for someone else. Whatever the reason, income is important, but it's got to be more than that. Espcecially at first, businesses probably take a lot more work and money than expected.

BizBen viewers rated a adult day health center opportunity, a Dairy Queen business, and a window washing 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. Adult day health center opportunity for sale in Sacramento - adult day health care center licensed for 170 participants new.

2. Dairy queen business for sale in N. San Diego - well established Dairy Queen with great incentives!

3. Window washing listing for sale in CA - Relocatable - serving major malls and the chain store tenants nationwide. SBA financing avail!

4. Ice cream franchises opportunity for sale in Santa Barbara Co. - Baskin Robbins Santa Barbara, California! 3 stores. lots of growth potential!

5. Video rental shop company for sale in Rancho Cucamonga Are - 100% absentee owner all employees run/owner out of country.

6. Liquor store listing for sale in Garden Grove - most of hispanic customers. Lots of x-tra income. Corner location.

7. Pet grooming & spa business for sale in San Fernando Valley - pet grooming & spa in affluent neighborhood.

8. Medical practice listing for sale in Los Angeles - community family medical practice in mid Wilshire.

9. Sushi restaurant opportunity for sale in Calabasas Area - sushi at high income white area/ confident price and decent income.

10. Restaurant +r.e. listing for sale in Rialto - absent owner and sports bar including together.



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 Posted at 7:09 pm in Buying A Business, Selling A Business

Comments:

Business Buying Tip: In my experience, which encompasses over 35 years in business, finding the right business opportunity to purchase is easier than closing this transaction. It seems that most of the time problems occur between the parties after a deal is signed but before the transaction closes escrow and money changes hands due to too much time passing from the start of the process that allows the seller to reconsider his price, terms etc., so I would advise a serious buyer to try to move a quickly as possible and to get the seller and or their representatives to do the same.

Posted by: Mike Maiman, MKL Acquisitions | October 26, 2007 - 2:33 pm


I don't entirely agree that money is not the main motivator when buying a small business. It seems to me that there are several considerations for a potential buyer when they are looking for a business to purchase that include: Money (Income), Industry, Ease of Operation, and finally Working Capital Requirements. I would say that Income for the buyer ranks first among these considerations since this is so critical to the valuation of the business.

Posted by: Mike Maiman, MKL Acquisitions | October 26, 2007 - 3:24 pm


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