Cafe, Deli For Sale - Canoga Park, California

There are a number of standard appraisal methods used to value a business that include, Asset approach, Income approach, Market approach (Comps), Capitalization of Earnings and Discounted Future Earnings. Each one of these methods individually does not always represent the true value of a business. In this article, Bob Klein, a Southern California business valuation professional shares his view on searching for market value. Bob can be reached at 949-254-4062 for business appraisal assistance.

Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized restaurant. Peter Siegel, MBA with BizBen.com discusses this topic with California restaurant buyers.

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.

Willard Michlin, CPA a due diligence specialist shares his views on the mentoring process in this article about how business buyers can "profit" from such a relationship when searching and buying a business. Review Mr. Michlin's info at California due-diligence services and he can be reached direct at 805-428-2063 for due diligence and consulting services.

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.

Jeff Gray a LA County business buyer is seeking to purchase a business. Here is what he seeks, "I’m searching for a business to buy in LA County. I am preapproved for SBA financing and ready to act immediately.  Candidate businesses should be service, manufacturing, or distribution related.  Located within 50 miles of Santa Clarita Valley. Purchase price up to $1,200,000. Provable adjusted net income of at least $250,000. Experienced management should be willing to remain. If you have a business that meets this criteria please contact me immediately."  Contact Jeff Gray (Business Buyer) at  661-645-4424.

Buyer looking to purchase food or beverage manufacturer in California. Prefer a company that is in need of improved sales, marketing, and build out of distribution channels into additional markets and is generating less than $10MM in gross sales. Turnaround and distressed considered. Log into your BizBen Account for buyer's contact information and details.

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.