Billiards, Sports Bar For Sale - Santa Barbara, California

The final part of the business for sale transaction is the escrow and bulk sale process.  Peter Siegel, MBA with BizBen.com answers questions and describes the escrow and bulk sale process in relation to buying and selling California small businesses. Go to the latest BizBen blog / article about the escrow and bulk sale process and see what's involved in closing a deal.

Lee Petsas, discusses purchase agreements when buying or selling a business in his new article on BizBen, "Rules And Guidelines About Deposits With Purchase Agreements". Lee discusses: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing Deposits and Opening Escrow, Return of Deposit to Buyer, Why do we take a deposit from a buyer when preparing and executing a Purchase Agreement Contract?

Long time gas station/convenience store/car wash consultant and due-diligence specialist Davood Sinay explains in his latest article why gas stations and convenience stores for sale will always be popular with business buyers in today's economic climate. For more information about needing assistance with buying or managing/runninng gas stations, convenience stores, or car washes phone Mr. Sinay (lead consultant and due-diligence specialist) direct at 213-995-5018 X1.

National Franchise Sales has been retained by the bankruptcy Estates of FORBCO Management Corporation; FORBCO Sizzler Partners, LP; W&J Higgins Investments, LP and L&G Restaurants, LLC to sell eight (8) Sizzler franchised restaurants in Southern California on February 29, 2012. Call 949.428.0480 for more information.

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.

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.

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.

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.