Restaurant, Bar For Sale - Century City, 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.

Making the transition from worker bee to small business owner involves a great deal of time, effort, money, and personal commitment. It is not a decision to be made hastily nor taken lightly. Ash Rasaei (310-622-8777) a Los Angeles area business broker discusses what first time buyers should know before buying a small business.

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.

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.

Looking to buy a Southern California card or coin laundromat? PWS Laundry is presenting their next Los Angeles, Southern California seminar Thursdays:  May 17th,  June 21st,  July 19th. For details go to How To Buy A Southern California Laundromat Seminar - To RSVP call 323-721-8832.

Build wealth and secure your future by learning how to buy and sell businesses at Global Perspective’s upcoming workshops located in the business district of Century City (Los Angeles County). The workshops are informative step-by-step instructional courses designed to give you the knowledge, material and structure needed to financially change your life. For more info call 888-222-8920 or go to workshop for buyers and sellers for upcoming schedule, workshop outline, & RSVP instructions.

I am seeking either a Service or Distribution business for sale in the South Los Angeles and/or North Orange County areas - I live in Long Beach and would like to find a business close to my home. I have $100,000 for a possible down payment with perhaps up to $250,000 if the right opportunity presents itself. The adjusted net income I am seeking is $70,000 or more. My monthly living expenses are currently $3,500. My work background is in operations management and sales for a large Manufacturer. I have also been self-employed and owned my own companies for fifteen years. I have been searching for a business for 3 months and would like to buy one within 4 months. I have a current Buyer Profile and Personal Financial Statement for your review. Please contact me only if you have businesses for sale that match my criteria. Log into your BizBen Account to get buyers contact info.

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 looking to buy Postal service/mailbox/notary and/or coin-op laundry located within 8 miles of 90045. I have $100K for down but having a small business loan is not out of the question (for tax purposes). Looking for a well established business that has room to grow. I am customer service friendly (25 years and growing) and will work the business on my own with a part time employee. Priced from $80K to $150K but willing to look at others. I reside in 90045 I am a homeowner. If you have a business for sale that matches this buyers description please log into your BizBen account for this buyers contact info and details.

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.