Restaurant For Sale - Inglewood, California

Welcome Darleen Sweet with Central Escrow who has been added to the BizBen Resource Directory for providing bulk sale/escrow services in the Orange and Los Angeles Counties areas. Darleen will also be one of many guest panels on upcoming BizBen.com Online Talk Shows & Webinars on varioius topics of buying and selling businesses. Darleen has been an escrow professional for 28 years, specializing in Bulk Sale, Liquor License Transfer, Hospitality and Commercial transactions for the past 16 years. You can reach Darleen at 949-733-0022 X103 to open an escrow.

Midas Franchise has listed numerous franchise resales on BizBen recently. Go to all Midas Franchise for sale - and see the most current list of franchise resales now available to California business buyers. No auto repair experience required. For more information you can also phone Barbara Korus at Midas at 877-890-5874 - check out the Midas list of California franchise resales before phoning her.

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.

A question many small business owners/sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take precautions before and during the sellling process to reduce potential legal problems. Peter Siegel with BizBen.com discusses this topic.

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.

I am looking to buy a bar, primarily with a 48 license, but would consider a beer bar with no food requirement. It must be located in Los Angeles County. I have $100K for a down payment, however I am interested in determining an appropriate down payment through negotiations, for either a larger or smaller amount. I require an owner's benefit of at least $55K a year, and the business must produce enough to cover any loan payments I've incurred from its purchase. The price ranges I've been searching are between $100k to $500k, but I am looking for a stable business, with steady cash flow and income. If the business is outside of my price criteria, I would be interested in negotiating a range of possible financing options. I am most interested in seller financing, but should this not be viable, I have other means of financing. I have not been pre-qualified for SBA financing, but will be inquiring. I am able to present a personal financial statement and background letter to interested sellers. My background is varied and this will be my first time buying a business. I am very motivated and hope to be running my new business with in six months. I currently reside in the South Bay of Los Angeles. For contact details for this buyer please log into your BizBen Account.

I am looking for a small, easy to run business without a large amount of industry specific knowledge required. Small food carts, arcades, booking or talent agencies and other unique businesses are the ones I am most interested in. I am interested in the Southern California area, especially Los Angeles and the Counties closest to it. I am looking to spend under $100,000 unless a unique opportunity comes along. A net as low as $15,000 is fine.  I currently live in Boston, MA and I am looking to move to California. I do not have any kind of pre-qualification yet. I am technically able and own an online business now. Please log into your BizBen Account for more details and contact information regarding this business buyer.

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.

Buyers are looking for a bar with a type 48 or 42 liquor license to purchase. It should be located within Los Angeles County. They currently have $175,000 for a down payment. Partners have a combined 10 years bar management experience. They are looking for a location / bar that holds at least 80 patrons. Cash flow must be at least $35,000 a year. Buyer currently resides just north of Downtown Los Angeles.