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Structuring An Earn Out
Earn Outs - Latest Feedback, Structuring An Earn Out
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Laundromat Expert Due Diligence Check List
Laundromat Due Diligence: Laundry Broker Discusses Top Contingencies
Laundry Broker and Consultant Larry Larsen discusses laundromat due diligence when buying a laundry. He draws on his years as a laundry owner, buyer, and now long time Southern California laundromat broker and consultant.  By Larry Larsen   View All Larry Larsen Blog Posts
How To Find The Right Southern California Coin Laundry
How To Find The Right Southern California Coin Laundry - A Buyers Guide
The coin laundry industry is nearly 50 years old and most laundries are operated by individual owners. Mike Hurrell with Golden State Laundry Systems discusses how to buy a coin laundry. Topics include financing a coin laundry, what to look for, what types of laundries are available in Southern CA.  By Mike Hurrell   View All Mike Hurrell Blog Posts
The Steps in Selling a Business With A Business Broker
The Steps In Selling A Business With A Business Broker
Ron Hottes walks you through the steps in selling a business through a business broker. It all starts with: An initial meeting between the Business Owner (Seller) & Seller's Broker where the selling process is explained and a free valuation is used to determine the value of the business.  
Due Diligence When Buying A Coin Laundry
Due Diligence - Buyers Role When Buying A Coin Laundry
What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence.  By Chuck Post   View All Chuck Post Blog Posts
Webinar Buying A California Laundry
FREE Online Webinar: For Laundry Buyers - How To Buy A California Laundry
Chuck Post hosts this live FREE online webinar on Buying A California Laundry. The next online webinar is coming soon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.  By Chuck Post   View All Chuck Post Blog Posts
How To Buy A Business With No Money Down
Buying A Small Business With No Money Down! Is This Possible?
In The New Economy that we are buying and selling and businesses in, finding funding can be the most challenging part of a sale. Many buyers will have limited funding and need to finance a good portion of the sale but what happens when a buyer has NO money? Peter Siegel with BizBen explains how.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Determine Whether Business Buyer Is Sincere
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
A problem owners encounter when offering a California business for sale is that not all so-called buyers are qualified to make the purchase. It's frustrating and costly to waste time showing non-qualified buyers the business. Here are ways to identify time wasters so the focus is on real buyers.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Business Appraiser Discusses Business Sales Multiples
Business Appraiser Discusses Business Sales Multiples
There are multiples of gross sales, seller's discretionary earnings (SDE), earnings before interest and taxes (EBIT), earnings before interest, taxes, depreciation and amortization (EBITDA). Bob Klein discusses business sales multiples and how they relate to buying and selling California businesses.  By Bob Klein   View All Bob Klein Blog Posts
4 Essential Facts For Coin Laundry Buyers
4 Essential Facts For Coin Laundry Buyers Seeking To Buy A Laundromat
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Potential Worst Word In Business Sales
Potential: One Of The Most Harmful Words In Business Sales
Without question, it's one of the most misused and abused words in business sales. There are few among us who haven't been completely annoyed by proclamations about the POTENTIAL of a business that's on the market. Brian Loring, a Los Angeles County Business Broker chats about this misused term.  By Brian Loring, CBB   View All Brian Loring, CBB Blog Posts
How To Buy A Vending Business
How To Buy A Vending Business Successfully: 6 Top Tips For Buyers
Some California entrepreneurs think they might like to buy a vending business but have heard negative things about the industry and aren't aware of important facts about this business. Here are some tips from BizBen's Peter Siegel on what to look for in buying a California vending business for sale.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
How To Buy Or Sell Employement Agencies
Buying An Employment Agency - Now May Be The Time
Some prospective business purchasers ask if they should buy an employment agency. California's declining unemployment suggests a healthy market for businesses that connect job openings with applicants. It's important to know how to evaluate opportunities when seeking this type of business for sale.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Unreported Income Claims Business Buyer Beware
Unreported Income Claims - What Should A Business Buyer Do?
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement and go ahead with the purchase?  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Know About Dual Agents In Buying A Business
What You Should Know About Dual Agents In Buying A Business
Should brokers and agents be allowed to represent both the buyer and seller in a transaction? Doesn't California civil code require that when there is only one agent in a deal, that the agent is required to be a dual agent? These are the questions that I would like to address in this article.  By Willard Michlin   View All Willard Michlin Blog Posts
Buying a Smog Test Only Shop
Buying a Smog Test Only Shop? 10 Big Questions To Ask
Thinking of buying a smog test only shop? Know the 10 big questions before proceeding. Willard Michlin, CPA and Due-Diligence Expert/Consultant explains what you need to know about buying and selling California smog test shops before actually buying one.  By Willard Michlin   View All Willard Michlin Blog Posts
Buying A California Preschool Business
For Some, Buying A Preschool Business Is Realization Of A Dream
Buying a preschool business can be more than just an investment option for someone with a passion for this kind of service. Demand for excellent early childhood education is growing. The preschool buyer can profit financially as well as with the deep satisfaction of providing an important service.  By Melvin "Victor" Kiklowicz   View All Melvin "Victor" Kiklowicz Blog Posts
Working With Business Brokers
7 Ways To Get the Most From Your Business Broker
Chances of success in business sales multiply dramatically when owners and brokers work actively together through the entire process. I find that many automotive owners (and sellers in general) feel so engulfed in running their shops that they do very little to help the broker along the way.  By Brian Loring, CBB   View All Brian Loring, CBB Blog Posts
Seller Financing 3 Items To Consider
Seller Financing: Terms To Negotiate If You Buy A Business
The idea to buy a business with seller financing is clearly understood by most people whose career move is to purchase their own company. But not everyone knows how to structure a deal with the seller carrying back part of the price. Be prepared for three situations when negotiating your purchase.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Purchase A Business With Limited Or No Cash
Purchase A Business With Limited Or No Cash - 5 Tips For Business Buyers
Trying to purchase a business with no money down is usually a waste of time if you want a good business. But leveraging into a business with a relatively small cash down payment can often be accomplished using some of these suggested strategies in this article on buying a business with limited cash.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Golden State Laundry System Laundry Business Brokers
Chuck Post Laundromat Industry Expert
Business Purchase Financing SBA Loans
Larry Larsen Laundromat Broker
Laundry For Sale Bell LA Area
Larry Larsen Laundromat Broker
Golden State Laundry System Brokerage


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