Mandarine Chinese Restaurant For Sale - Cerritos, California

Determining the right time to sell a private business is as much an art as a science, because there are so many factors at play and each business is unique. Christina Lazuric an Orange County Business Broker shares her experience on timing issues when selling a small business.

What are the differences between a Business Appraiser, CPA auditor and Due Diligence Expert - and why should you care? Here are some insights from Willard Michlin (805-428-2063) in his latest BizBen Blog & article posting that will be useful for someone engaged in, or planning to conduct due diligence.

An important technical innovation, a combination wash and dry machine for the laundry industry, promises to help coin laundry owners increase customer visits and important update for laundry buyers and sellers. Mike Hurrell with Golden State Laundry Systems updates BizBen readers/users.

In this article, business purchase financing advisor and SBA loan broker, consultant Peter Siegel shares his views of getting SBA loan financing faster for business purchase financing on virtually all types of businesses for sale. Now with the new small business legislation in place getting an SBA loan to buy a business makes sense and this article shares what it takes to qualify for a SBA loan today.

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.

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.

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.

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.