Auto Body & Paint Shop For Sale - Reseda, California

Are you going to be writing an offer soon on a business for sale? The Letter of Intent (LOI) is a contract preceding and enhancing the negotiation phase of a business transaction.  It has a number of advantages to each side of the party in a transaction. Attorney Afshin Hakim explains this concept in his new blog posting on BizBen.

Making the transition from worker bee to small business owner involves a great deal of time, effort, money, and personal commitment. It is not a decision to be made hastily nor taken lightly. Ash Rasaei (310-622-8777) a Los Angeles area business broker discusses what first time buyers should know before buying a small business.

What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting.

Steve Finnick with the Saker Franchise Group has been added to the BizBen Franchise Directory. Saker Franchise Group represents over 350+ new franchises and assists potential franchise buyers (FREE service) throughout California with selection, purchase strategies, and assistance. For more information on how Saker Franchise Group can assist you in selecting and buying a new franchise, phone Steve Finnick direct toll free at 866-859-0085.

Looking to buy a Southern California card or coin laundromat? PWS Laundry is presenting their next Los Angeles, Southern California seminar Thursday 2/16. For details go to How To Buy A Southern California Laundromat Seminar - To RSVP call 323-721-8832.

Buyer Seeks Restaurant, Cell Phone Store, Smog Center, Mail Box Store - absentee run businesses in the Los Angeles, Ventura area. He states: " I am primarily interested in small restaurants (not full service), mail box stores, cell phone stores, and smog test centers. I would also consider small gyms. However, I am not particularly concerned with the type of business. I will consider anything up to $250,000. I am looking for businesses that are netting at least 40% of the asking price, after accounting for what it would cost for a manager to do whatever the owner does now. My intention is to partner with someone who will run the business. For this reason, I am particularly interrested in absentee-owned businesses that are currently bringing in a good net income. If the current manager is interested, I would like to partner with him or her. As I have a good income independent of the business, my hope is that my income will serve to help guarantee a loan. My involvement in the business will primarily be marketing."  For more info and contact information regarding this business buyer please log into your BizBen Account.

I am seeking either a Service or Distribution business for sale in the South Los Angeles and/or North Orange County areas - I live in Long Beach and would like to find a business close to my home. I have $100,000 for a possible down payment with perhaps up to $250,000 if the right opportunity presents itself. The adjusted net income I am seeking is $70,000 or more. My monthly living expenses are currently $3,500. My work background is in operations management and sales for a large Manufacturer. I have also been self-employed and owned my own companies for fifteen years. I have been searching for a business for 3 months and would like to buy one within 4 months. I have a current Buyer Profile and Personal Financial Statement for your review. Please contact me only if you have businesses for sale that match my criteria. Log into your BizBen Account to get buyers contact info.

A buyer in the insurance business currently is seeking to add more business through acquisition and is looking for insurance agencies or insurance brokerages for sale. They prefer property & casualty but have interest in other areas as well. They are not interested in non-standard auto business. Their preference is gross commissions ranging from $50K to $500K. They prefer an Orange County location - but will look at other areas throughout California. This buyer is part of the Business Buyers Program within the BizBen Network. Go to insurance business buyer info for details about this buyer and their request.

Buyer looking to buy a financial advisory businesss in the Los Angeles County Area or one that can be relocated to his area. Buyer has $150K for a down payment (cash), has approximately $150 in available home equity, and is looking for a financial advisory business priced between $500K and $700K. Has direct work experience in this industry and has been SBA Pre-Qualified for financing. Buyer seeks to acquire this type of business immediately. Please log into your BizBen Account to see more info about this buyer and their contact information.