Pool Hall For Sale - Simi Valley, California

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.

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?

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.

Willard Michlin - CPA, CFE chats about why you can do a large portion of the due diligence yourself, depending on your background, but you should never try to do it solely on your own. In this BizBen Blog he explores ways business buyers get themselves into trouble. Read his latest BizBen blog posting on due-diligence issues for business buyers - read this blog post before you buy a business!

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.

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 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.

We are looking to start a materials testing lab in Northern California to increase our market share. Before purchasing new equipment, we are curious to know if there are any existing labs that may be in financial trouble and are willing to sell.  The lab should be located in Northern California and be certified by both Caltrans and the Corps Of Engineers. For more info and contact details regarding this business buyer please log into your BizBen Account.