Buying a California business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business due to lack of information and not knowing about the right resources and channels to find and buy a business.
For over twenty years BizBen has provided advisory services to business buyers to help them locate California small to mid-sized businesses to purchase, provide business purchase financing referrals, and resources to get their deal completed.
This program has had a high degree of success throughout the years and continues to provide the results buyers require in finding and buying a California business successfully.
The BizBen ProBuy Program For Business Buyers Includes:
1. Two Hours Of Individualized Phone Consultations To Determine What Businesses Are Best To Purchase (For Your Specific Background & Interests), Best Practices Discussed On Working With Intermediaries & Busness Owner/Sellers, How To Analyze A Potential Business Purchase & Deal, Introductions To Resources To Get Your Deal Completed Successfully.
2. Financing Pre-Qualification For All Possible Business Purchase Financing Options To Buy A Business (Or If You Qualify At All) - Discussion Of Deal Structures Will Also Be Covered.
3. An Introduction To Specific Individuals At Lenders & Financial Institutions To Provide Financing - SBA Loans, Commercial Lending, Retirement Plan Conversions, Hard Money Loans, Seller Carry Back Note Purchases (These Introductions Only Apply If Buyer Qualifies For Business Purchase Financing).
4. Define Buyers Criteria - Types Of Businesses Wanted, Georgraphic Areas Wanted, Amount Of Capital Available For Down Payment & Purchase Price, etc. We'll Get The Word Out To Interested Business Brokers, Agents, Sellers, Owners, Intermediaries, & Advisors About Your Search Criteria.
5. Refer Buyer To Any Professional Resources That Will Help Them Complete Their Deal & Get It Closed Successfully.
6. We Provide A Professionally Written & Optimized Business Wanted To Buy Posting & Buyer Profile On BizBen.com For 6 Months. If You Still Have Not Purchased A Business Within The Six Month Time Period, You Will Receive An Additional Six Months For FREE!
The cost of our ProBuy Program for business buyers is a one time fee of $400 and provides all of the above advisory and advertising/marketing services. The ProBuy fee can be paid via a credit or debit card (over the phone) or by check.
For more information regarding the BizBen ProBuy Program or to sign up phone 888-212-4747.
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Diane Boudreau-Tschetter: Escrow And Bulk Sale Services
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
|Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
|Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
|Elizabeth McGovern: Escrow Services - SF Bay Area
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
|Brad Steinberg, Broker - Laundromat Specialists
Laundry specialists - founded in 1968 by three laundry professionals, PWS is a family-owned corporation. Through the years it has grown to become the largest vended laundry equipment distributor in the United States. Call Brad Steinberg at 323-721-8832 to sell or buy a coin or card laundromat.
|Helen Yoo: Escrow & Bulk Sale Services - Southern California
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
|Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 800-864-0420.
|Related Articles, Events, Blog Posts, Discussions, Videos, Interviews|
|Find Out Why 80% Of California Business Buyers Never Find And Buy A Business
First the dreaded statistic: 80% of all California business buyers looking to buy a small to mid-sized business in California never end up doing so! Peter Siegel, MBA BizBen Founder And Director at 866-270-6278 covers successful tactics all business buyers of small businesses should utilize.
|Why Deals Fall Out: Unrealistic High Asking Prices Are Usually The Reason
The unfortunate truth is that approximately 50% of all small business sales transactions fall out. While failed transactions can happen for a many reasons, Peter Siegel, MBA (BizBen Director & Business Purchase Financing Expert) discusses the main reason deals fall through; steep asking prices.
|Selling My Small Business: What Items Should I Have Ready To Be Successful?
When selling a small to mid-sized business, owners should have their paperwork and financial information ready to go! They should also have a short business plan of past history, current operations, and potential for the future. In this BizBen Discussion several advisors and intermediaries weigh in.
|Financing Advice: Showing Add Backs To Get Business Acquisition Financing
When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 866-270-6278 covers this topic on financing a business purchase.
|Buyer Beware: Does A Company's Culture Effect The Sale Of A Small Business?
When purchasing a small to mid-szied CA business, there are a many items to evaluate. One area that is often overlooked is the business's office culture. Peter Siegel, MBA with BizBen discusses with business buyers the importance of understanding how the business "feels" on a day-to-day basis.
|Tips For Faster SBA Loan Approvals For California Small Business Purchases
In this article on BizBen, business purchase financing advisor and SBA loan broker, consultant Peter Siegel (Business Purchase Financing Expert/Advisor & the ProBuy Program Director at BizBen) at 866-270-6278 shares his views of getting SBA loan financing faster for business purchase financing.
|Is There Such A Thing As Paying Too Little When Buying A Small Business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
|Selling Your Business To One Of Your Employees - A Good Idea? Pros And Con
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Peter Siegel, MBA talks about the pros and cons to taking this route.
|See All News, Tips And Events|