Bar Lounge & Grill For Sale - Burbank, 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.

There are a number of traditional accounting methods used to calculate business worth. None of these methods individually addresses all of the items that create value. Bob Klein with Business Appraisals at 949-254-4062 discusses this topic on the BizBen Blog.

Chuck Post a long time coin laundry consultant and laundry broker discusses in his latest article - the factors of appraising California coin laundries. Chuck claims,  "The coin laundry is an all-cash, necessity of life service business. What could be better? Yet, understanding how the business justifies such a high purchase price is baffling.  In fact, many times the value is so misunderstood that it results in investors over-paying. Sometimes grossly over-paying." Read this article and see what factors go into the pricing of California coin laundries.

February (2012) starting quick in sales - last week approximately 244 California small businesses sold by small business owners, business brokers, and agents.  BizBen and Peter Siegel the Director of the BizBen Network has compiled the BizBen.com Index since 1998.

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 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.

Buyer seeks home health care agency with an annual adjusted net income of $180K+. Ideally the business should be located in Southern California, but will purchase outside of Southern California if the right deal presents itself. Buyer has high credit score and is looking to purchase a business immediately, and has been pre-qualified for SBA financing. Contact buyer direct. For buyer contact info and details, log into your BizBen Account.

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.

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.