The ProBuy Program is good for six months but most of my business buyer clients end up buying a business usually within three to five months from start to finish. The cost of the program is a one time $800 fee (payable via check, credit/debit card, or eCheck). There are no other fees associated with this program for my services during the program.
This fee covers consulting & pre due-diligence (Phase 1) on all deals: is the deal priced right? can you get financing on the deal? what deal points about the business should you be concerned about?, getting you prequalified for business purchase financing (and getting you the financing needed for your purchase), getting the right team/advisors (transactional attorney, escrow/bulk sale services, etc.) in place to assist you, etc.
Buying or selling a California small business can be a confusing and/or frustrating process. For over twenty-five years I have both bought & sold businesses as an individual, have been a highly successful business broker/intermediary, started two highly active websites/networks of business buyers & sellers (BizBen.com, BizBuyFinancing.com) and currently advise (ProBuy & ProSell Programs) both business buyers & sellers with buying and selling California businesses.
Here Is What You Will Receive From The BizBen ProBuy Program (For Business Buyers):
* Determine What Types/Industries/Categories Of Small To Mid-Sized Businesses Would Be A Good Match For You
* Get Customized Instant Alerts Of Businesses For Sale Via Email Or Text - You'll Get First Response To Postings
* Pre-Qualify & Advise You On Business Purchase Financing Options - SBA & Non SBA Financing
* Introduction To Specific Individuals At Financial Institutions To Provide Business Purchase Financing
* We'll Refer You To All Professional Resources That Will Help You Complete Your Deal & Get It Closed
* An Optimized/Targeted "Business Wanted To Buy" Posting For You On BizBen.com Targeting Owner/Sellers, Brokers
* Analysis Of Deals In The LOI Or Pre-Offer Stage That You Are Considering Buying - Due Diligence Phase 1 Analysis
* Non-Biased Valuation/Appraisal Feedback On Deals In Contract - Is It Worth It? - Phase 1 Analysis Provided
My Related Experience:
I am the Founder and Lead Advisor at BizBen.com. I have an Economics Degree and MBA (Entrepreneurial Studies & Financing Concentration) from UCLA. I have have authored six ebooks on the subject of buying, selling or financing the purchase of a small business, and lead numerous webinars and online trainings for California Buyers, Sellers, Brokers & Agents
I look forward to working with you in finding and purchasing a California small to mid-sized business!
Peter Siegel, MBA - Founder, Lead Advisor at BizBen.com at 925-785-3118 Direct
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Brad Steinberg, Business Broker: Laundromat Specialist
PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.
|Helen Yoo, New Century Escrow - Escrow Services In Southern California
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
|William F. Ziprick, Attorney: Legal Services For Buyers And Sellers
Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings. Office: 909-255-8353, Cell: 509-951-7230.
|Shalonda Chappel: Escrow & Bulk Sale Services - Southern California
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
|Elizabeth McGovern: Escrow Services - San Francisco Bay Area
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
|Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
|Related Articles, Events, Blog Posts, Discussions, Videos, Interviews|
|Valuing A Business - Do You Add The Inventory Amount To The Price Or Not?
A business buyer asks how to handle the inventory amount in the purchase price of a business. Do you add the inventory value to the business value? Peter Siegel, MBA (ProBuy & ProSell Program Advisor - Lead Facilitator ) answers this question with the BizBen Network of advisors and resources.
|Who Really Represents The Business Buyer In A Deal? Does Dual Agency Work?
Who really represents the buyer? The selling broker or agent through dual agency? Many brokers and agents weigh in on this Discussion on BizBen. Bottom line is all business buyers need to know who really represents them and has their best interest at heart when seeking and negotiating on deals.
|How Do I Navigate Through The Negotiation Process When Buying A Business?
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
|Why Deals Fall Out: Unrealistic High Asking Prices Are Usually The Reason
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
|I am Selling A Small Business - How Do I Qualify Potential Business Buyers?
Being prepared when potential buyers contact you about your business for sale is a good idea. Too many sellers (and brokers) are unprepared & miss good opportunities or get involved with unqualified buyers. This Discussion post and answers from ProIntermediaries on BizBen assist with this issue.
|Uncover Hidden Problems In Due Diligence When You Buy A Small Business
Most everyone who's decided to buy a small business in California knows the importance of due diligence. That involves close examination of a business prior to removing contingencies. But not everyone knows how to uncover problems that are not obvious. Here are five of the most common hidden issues.
|Buyer Beware: Does A Company's Culture Effect The Sale Of A Small Business?
When purchasing a small to mid-sized CA business, there are a many items to evaluate. One area that is often overlooked is the business's office culture. Peter Siegel, MBA with BizBen discusses with business buyers the importance of understanding how the business "feels" on a day-to-day basis.
|If You Plan To Offer Seller Financing: 3 Things Owner Sellers Need to Know
When selling your business, offering seller financing is a great way to help your business standout from others on the market and it is also a good strategy to consider that can help you close a sale. Peter Siegel, MBA (BizBen ProSel Program & Financing Expert) explains. Reach him at 925-785-3118.