Cash flow
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Revenue
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Posting: 284105 | Available | 5/15/24
This is an absentee-run Subway franchise for sale in a busy shopping centre near Safeway. There is a lot more potential for more profits/sales with an owner-operator. This store was recently remodeled. Subway is the world's largest sub sandwich chain with more than 40,000 locations.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286142 | Available | 5/14/24
Award Winning Aveda Salon is for sale. The salon and spa is located in the vibrant, sought-after neighborhood of Ocean Beach, San Diego.
Asking Price
$130,000
Cash flow
$196,800
Revenue
$480,000
Down
$520,000
Posting: 286461 | Available | 5/14/24
GB Laundry Brokers is currently offering a spacious laundromat spanning 4,063 sq ft in Sacramento CA. The laundromat is on a very busy street with ample parking, and a loyal customer base. This location has a lot of potential for growth with the right operator.
Asking Price
$1,300,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/12/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/11/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285418 | Available | 5/11/24
With a fully executed Triwest Contract, this is a mental health, PHP, IOP rehab center located in Los Angeles. Credentialed with most major insurance companies. It has a 2,500 sq ft. office, good for 35 clients in office. VA contract can support online clients as well as in person.
Asking Price
$650,000
Cash flow
$200,000
Revenue
$860,000
Down
All Cash
Posting: 286614 | Available | 5/16/24
This business has been established for eight years and is fully staffed, operating under absentee ownership. It's as well-organized as a Starbucks, with an annual gross sale of $860,000 as reported on tax applications. The establishment encompasses 1,400 square feet and has a total rent of $3,500.
Asking Price
$350,000
Cash flow
$240,000
Revenue
$1,440,000
Down
$1,250,000
Posting: 286612 | Available | 5/16/24
For sale: an excellent beef soup and bossam restaurant, including the property. This location is suitable for a Korean, Vietnamese, or Chinese restaurant. It comes with a beer and wine license. SBA loan possible for qualified buyers. The property features a large parking lot.
Asking Price
$3,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$25
Posting: 286610 | Available | 5/16/24
This property is in a prime corner location in Roseville city, featuring a high-volume gas station and store. Gas sales range from $90,000 to $100,000 at a 60-cent margin. The store generates $110,000 in monthly sales with a high margin. It has double-wall fiberglass tanks,
Asking Price
$5,700,000
Cash flow
$993,680
Revenue
$5,224,363
Down
Call/Email
Posting: 286606 | Available | 5/16/24
This is a 2-unit package. The units can be sold together or as individual units. They are located in close proximity to each other, both situated in high traffic areas. The average unit volume (AUV) is above the system average.
Asking Price
$6,500,000
Cash flow
$64,000
Revenue
$734,082
Down
$10,000
Posting: 286600 | Available | 5/16/24
Don't miss the chance to own and operate (2) La Michoacana Ice Cream Stores, well-established and beloved ice cream parlors in a prime location in La Puente & Duarte Ca. The stores are strategically placed within 13 miles a part.
Asking Price
$225,000
Cash flow
$610,000
Revenue
$1,100,000
Down
$2,500,000
Posting: 285502 | Available | 5/16/24
For sale is a prime location that is strategically positioned off the 57 Freeway with convenient access to I-10 via Via Verde, boasting a captive market with no competition within a 2-mile radius. It has been a thriving business for over the past 3 years (2021-2023).
Asking Price
$7,777,000
Cash flow
$36,000
Revenue
$216,000
Down
$58,000
Posting: 276382 | Available | 5/16/24
All rent, electricity, and utility fees are paid for by the franchisor. For sale is a sushi & roll franchise inside a Ralph supermarket in Fountain Valley, Orange County. This is a fast-growing sushi and rolls franchise that has been in America since November 1986. The business hours are 9am-3:30pm.
Asking Price
$58,000
Cash flow
$250,000
Revenue
$977,100
Down
$150,000
Posting: 281674 | Available | 5/16/24
A high-end luxury Thai restaurant in Camarillo, Ventura county is for sale with 17-year history. The average yearly sales are $977,000. Almost $1M. The net income is $250,000 (based in the 2023 sales). The store size is 2,200 sq ft. plus a 1,000 sq ft. patio. An SBA loan is possible.
Asking Price
$298,000
Cash flow
$160,000
Revenue
$408,000
Down
$180,000
Posting: 282466 | Available | 5/16/24
This is a 5-day open, high-income Italian restaurant in Huntington Beach for sale. It is closed Sunday and Monday and does dinner only (5 days, 5pm-8:30 pm). The store size is 1,200 sq ft. For 13 years it has had the same owner. It has spacious parkings.Walk-in cooler & pizza oven. Upgraded recently
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$88,000
Posting: 285668 | Available | 5/16/24
For an asset sale is an absentee-run, 6-day open seafood restaurant next to Waba Grill, Wingstop, and Starbucks. It is at a prime excellent location in Pomona. The store size is 2,200 sq ft. Currently, the seller owns 2 (another location). It means he doesn't have time to manage this restaurant.
Asking Price
$88,000
Cash flow
$120,000
Revenue
$240,000
Down
$400,000
Posting: 286052 | Available | 5/16/24
Surrounded by a plethora of retail outlets, fast-food joints, and gas stations, this investment includes both the business and real estate, presenting an unparalleled chance for growth and profitability. The is the only coin-op car wash in Town on a prime 1.04 acre corner lot.
Asking Price
$1,449,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$300,000
Posting: 285355 | Available | 5/16/24
For sale is the business only to a gas station. They have a beer and wine license. There is a long-term lease available (20-25 year terms). The Sinclair contract expires in 3 years but it could be terminated by paining the remaining branding balance of about $35K and convert to independent site.
Asking Price
$999,000
Cash flow
$72,000
Revenue
$610,000
Down
$150,000
Posting: 285174 | Available | 5/16/24
A cafe, breakfast, and brunch establishment offering waffles, along with a beer and wine license, located in Monrovia downtown for sale.Operating six days a week, with Mondays closed, the business operates for a duration of six hours daily from 8 AM to 2 PM.
Asking Price
$268,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$2,000,000
Posting: 285659 | Available | 5/16/24
This gas station was recently converted from Chevron to Arco, so it presents a lucrative investment opportunity. The car wash was remodeled just 6 months ago, ensuring modern facilities for customers. Boasting an impressive average of $850 per day in sales, with high growth potential.
Asking Price
$7,999,000
Cash flow
Call/Email
Revenue
$367,000
Down
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Posting: 278989 | Available | 5/16/24
This is a coffee shop with property in a growing and desirable area. There is potential to add a drive-through and at least triple the sales. There is no immediate competition around the business. It is a charming and cozy cafe with indoor and outdoor seating. The business opened in 2009.
Asking Price
$699,000
Cash flow
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Revenue
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Posting: 286590 | Available | 5/16/24
If you are considering a business opportunity, this is an excellent chance to acquire a restaurant, bakery, coffee shop, & sandwich shop. This bulk sale includes newer equipment, furnishings, furniture, a newly remodeled interior, and a loyal customer base.
Asking Price
$250,000
Cash flow
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Revenue
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Posting: 285084 | Available | 5/15/24
This absentee run, Japanese restaurant is now for sale. The restaurant has operated for 20(+) years by one owner and is beloved by the community. There is extensive goodwill that would transfer with this sale to a new owner. This Japanese sushi restaurant is located in a shopping center.
Asking Price
Call/Email
Cash flow
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Revenue
Call/Email
Down
$25
Posting: 286583 | Available | 5/15/24
The property boasts a prime location in San Francisco, offering high margins for business operations, and is exclusively available with a long-term lease. It is currently under absentee ownership, presenting significant potential for an owner-operator. The station features three MPDs.
Asking Price
$1,500,000
Cash flow
$190,000
Revenue
$972,000
Down
Call/Email
Posting: 282900 | Available | 5/14/24
For sale is a leading pizza brand with over 40 years in business, and more than 250 restaurants across California, Oregon, Nevada, Arizona, Utah, and Idaho. Built in 2009 and under current ownership since 2013, this absentee-run restaurant is in an open-air shopping mall in Union City.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
$650,000
Down
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Posting: 286564 | Available | 5/14/24
For sale is a popular and delicious wings & beer restaurant with an ABC license included. It is easy to run as it is absentee. This is a great franchise opportunity with additional territories also available. It is only a 7% royalty.
Asking Price
$399,000
Cash flow
$500,000
Revenue
$3,000,000
Down
$1,450,000
Posting: 275102 | Available | 5/14/24
For sale is a very popular sushi & teppan grill restaurant with a full cocktail license. They have loud music, are trendy, and are well-established in the heart of South Orange County. Since 2005, this restaurant with a nightclub vibe has been rocking customers and pouring drinks.
Asking Price
$1,450,000
Cash flow
$144,000
Revenue
$360,000
Down
$215,000
Posting: 285338 | Available | 5/14/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$215,000
Bldg Size
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Space Being Rented
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Year Built
Call / Email
Posting: 286615 | Available | 5/16/24
We own a grocery store and have a space in our parking lot for either a food truck or a taco truck. It is a very busy store and is a gread space with lots of homes in community. Terms are negotiable.
Lease Amount
$0
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 5/14/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
Call/Email
Revenue
$360,000
Down
$89,000
Posting: 276708 | Available | 4/28/24
For sale is a great location in the affluent community of Cypress and a busy office building area. It is good for takeout and has a newly remodeled interior with an open kitchen. The current owner cannot run the store because of a shortage of employees and his health issue.
Asking Price
$89,000
Cash flow
$108,000
Revenue
$392,000
Down
$119,000
Posting: 274682 | Available | 4/6/24
For sale is a Mediterranean restaurant in Ladera Ranch, South Orange County. The store size is 1,600 sq ft. New owners can change the restaurant menu to Thai food or other menu items. It has a good reputation with local neighbors. There is almost no competition. Most of its orders are to-go orders.
Asking Price
$119,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 282274 | Available | 8/18/23
The location is central with lots of traffic and foot traffic. The dining room and kitchen are very spacious for a sandwich shop-2200 sq. ft. The kitchen is well equipped including a large storage room. Recently replace the compressor for the freezer.
Asking Price
$59,000
Cash flow
$77,459
Revenue
$419,845
Down
Call/Email
Posting: 283472 | Available | 4/2/24
This is a cafe for sale on Polk Street in San Francisco's bustling Polk Gulch neighborhood. This stretch of Polk Street is packed with a diverse array of businesses that bring steady foot and vehicle traffic to the area seven days a week.
Asking Price
$99,000
Cash flow
$480,000
Revenue
$1,900,000
Down
$1,250,000
Posting: 285811 | Available | 3/23/24
This bar and grill (with entertainment) is well-known and is the favorite place to eat and have a cocktail or two for many local residence and workers around the area. It is located on a large center with plenty of parking. They have a full kitchen with well maintained equipment.
Asking Price
$1,250,000
Cash flow
$250,000
Revenue
$1,417,423
Down
$300,000
Posting: 276416 | Available | 1/22/24
For sale is an American burger & specialty food restaurant with a hard liquor sports bar in San Clemente. Located near Beach. Has cocktail bar, which sells more than 25% of the total sales. The store size is 4,800 sq ft. There is a separate parking space which fits around 30 cars. It has good rent.
Asking Price
$775,000
Cash flow
$200,000
Revenue
$2,000,000
Down
Call/Email
Posting: 281891 | Available | 5/3/24
Long-established franchise under the same ownership for 42 years that is looking to retire. This year's sales are projected to be over $2m and the rent is only a 6% factor at $11k a month. The hours are 11-9 p.m. 7 days a week & the loyal staff take care of the majority of the day-to-day duties.
Asking Price
$499,000
Cash flow
$148,000
Revenue
$2,600,000
Down
Call/Email
Posting: 284329 | Available | 2/8/24
For sale is a super Asian grocery store in a nice shopping center in Orange County with a full hot kitchen and a full line of groceries and bulk food items. It is a turnkey business. This Asian market sales are over $2.6M approximately. There is a full kitchen, 20 employees, and a buffet kitchen.
Asking Price
$548,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
Call/Email
Posting: 282018 | Available | 4/28/24
Price reduced! For sale is a well-established and famous seafood restaurant in Garden Grove. The current monthly sale is over $150,000. It's open 3:00 pm weekday. Its size is 5,000+ sq ft and Its rent is $17,000 including NNN. It has ABC-47 license and is newly remodeled.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 267331 | Available | 8/18/23
This is a sandwich shop for sale in Aliso Viejo, Orange County. It is located within a business complex. It has short hours and is easy to operate. It has a low rent. It spent 20 years with the previous owner. The seller wants to relocate. It is open from Monday through Friday.
Asking Price
$15,000
Cash flow
$1,123,820
Revenue
$19,230,455
Down
$4,250,000
Posting: 278395 | Available | 3/11/24
This full-service independent grocery store is located in the foothills of the Northern California Gold Country. Well established in the community, this store features full meat, bakery, deli, and floral department. With an average of over $1 Million in EBITDA, this opportunity is perfect.
Asking Price
$4,250,000
Cash flow
$100,000
Revenue
$465,000
Down
All Cash
Posting: 286150 | Available | 4/16/24
This location in Orange County Beach City is desirable. There is a very good-looking beer and wine bar in a desirable area. It is super clean and every inch of the interior, from the ceiling to the floor, is attractive. It features 16 taps, a walk-in cooler, and a large bar seating capacity.
Asking Price
$425,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286269 | Available | 4/26/24
This is perfect for quick service restaurants such as poke, sandwich, and teriyaki. Currently, this establishment serves rice bowls and is located close to a major corporate office hub and hotels. The rent rate, including NNN, is very good. The owner, who has another location, wants to focus on it.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286590 | Available | 5/16/24
If you are considering a business opportunity, this is an excellent chance to acquire a restaurant, bakery, coffee shop, & sandwich shop. This bulk sale includes newer equipment, furnishings, furniture, a newly remodeled interior, and a loyal customer base.
Asking Price
$250,000
Cash flow
$100,000
Revenue
$500,000
Down
Call/Email
Posting: 281455 | Available | 8/4/23
For an asset sale is a well-known Korean restaurant located at Embarcadero San Francisco. It comes with a full kitchen and a large seating area, and it is good for the catering business. There are 4 part-time employees (payroll $40,000/year) and there are 49 inside seats and 49 patio seats.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 272092 | Available | 4/28/24
This is an authentic Italian and Mediterranean restaurant for sale in Downtown San Francisco inside a well-known food court. Their food is a blend of Italian and Mediterranean dishes such as pizza, pasta, and wraps. Catering accounts are not included.
Asking Price
$150,000
Cash flow
$144,000
Revenue
$900,000
Down
$400,000
Posting: 284087 | Available | 5/1/24
Welcome to the renowned "Last Great Hamburger Stand" - a free-standing Fat Burger restaurant with a drive-thru, located in the vibrant heart of Las Vegas. The owner is now looking to retire, presenting a fantastic opportunity for an enthusiastic new owner.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
$1,101,883
Down
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Posting: 285415 | Available | 2/28/24
For sale is a long standing proper pub established in 2002, this iconic pub has been a fixture of the vibrant San Francisco Financial District community for decades. Boasting a prime location amidst the bustling business district, it has become the favored destination for discerning professionals.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
N/A
Posting: 280670 | Available | 3/30/24
Discover the historic Cannery at San Francisco's Fisherman's Wharf, a vibrant waterfront destination that combines heritage with a modern shopping, dining, and entertainment experience within a stunning red-brick building complex right on the San Francisco Bay.
Asking Price
N/A
Cash flow
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Revenue
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Posting: 280318 | Available | 4/28/24
ASSET sale- pho and banh mi shop for sale in prime SF Chinatown. It is a family-owned business run by parents and extended family members. They are known for their banh mi, small packed lunch plates, and pho. It is located on a bustling street with lots of foot traffic. 2,000 sq. ft.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$2,040,000
Down
$350,000
Posting: 286304 | Available | 4/28/24
For sale is a great and well-established Shabu restaurant in North Orange County. Its current monthly sale is $170,000. 2,100 sqft with plenty of parking spaces. Rent $11,500 including NNN. The buyer can learn all recipes and cooking methods quickly and run the store smoothly.
Asking Price
$850,000
Cash flow
$200,000
Revenue
$1,400,000
Down
All Cash
Posting: 286042 | Available | 4/8/24
The business located in the beautiful Historical Old Town of Orange is very profitable! Its success can be attributed to several factors, including its prime location, high traffic area, and proximity to the circle. The area boasts great visibility, street access, and favorable demographics.
Asking Price
$450,000
Cash flow
$180,000
Revenue
$1,100,000
Down
Call/Email
Posting: 286040 | Available | 4/8/24
The Japanese sushi restaurant has been well established for 7 years and is situated in a highly bustling shopping area with a Starbucks drive-thru. The current owners, a husband and wife duo, do not possess any culinary expertise or involvement in the cooking process.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$820,000
Down
Call/Email
Posting: 280735 | Available | 4/8/24
This is a very nice well-established Japanese ramen restaurant located in a major shopping center in a high-demand Irvine area. It is possible for a new owner to convert it to another type of food menu. The size is approximately 1,500 sq ft. and rent is $11,007 including NNN and water.
Asking Price
$168,000
Cash flow
$45,000
Revenue
$312,000
Down
$149,000
Posting: 285833 | Available | 4/30/24
Nestled in the heart of a picturesque beach community, this unique business seamlessly combines two delectable experiences in one prime location. Specializing in gourmet chocolates and self-serve frozen yogurt, it offers the perfect indulgence for both tourists and locals alike.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 270486 | In Escrow | 6/28/23
Here's a high-volume sushi restaurant for sale in Forest Hills in San Francisco. This restaurant has a unique menu that's a mixture of traditional Japanese sushi and tapas with many specials that are only served here. It is located in a wonderful, quiet, oasis in the City.
Asking Price
$195,000
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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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.
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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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Nothing can be more exciting, and a little daunting for a new owner than finally being handed over the keys to their newly owned restaurant. Many buyers, especially those who have never been business owners before are much too eager to make the restaurant "their own". Overspending can take place.
This question is bound to come up from a seller to a business broker at one point in their relationship. The truth may discourage a seller who desperately needs to sell, because in all honestly, many times in can take months. All restaurants are different - Joe Ranieri, Business Broker explains.
Peter Siegel, MBA discusses buying pizza restaurant for sale tips and what to watch out for. Topics: Owner involvement in the business as pizzerias are most successful when the owner is onsite. Also discussed is the importance of location and reviewing all financial and tax information.
Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
For starters, a pop-up restaurant is a short-lived dining experience in a temporary location, most found in abandoned factories or warehouses, rooftops, barns, or an already existing restaurant location, so basically anywhere done legally and safely. They exist for a few days, weeks or a few months.
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question.
Owning a bar is a fantasy that many can claim. Who hasn't once thought about what it would be like to own and manage the hottest place in town? Like all business investments, there are important factors to consider before you jump in and buy a bar. Peter Siegel, Founder of BizBen.com discusses...
The restaurant business is a tough business to be in, no one can dispute that, and so it's imperative that an owner's equipment is in good working condition. A new owner should make sure that the restaurant's equipment is in good working order before they close escrow. We discuss this topic.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Are restaurants (deli's, sandwich shops, food services) in Industrial Parks good investments for business buyers? I get this question many times a year from potential restaurant buyers so I though I would answer this with my thoughts and get feedback from other Advisors & Professionals on BizBen.
Buying a seasonal small business restaurant can be challenging, but Joe Ranieri a business broker restaurant specialist and others in this BizBen Discussion review multiple ways to offset these factors and still get the most from buying and operating a small to mid-sized seasonal restaurant.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
What are some reasons a business that was previously on the market with another broker didn't sell? Every broker or agent understands that not every business they list will result in a sale. There can be many reasons small businesses don't sell and many are discussed on this BizBen Discussion post.
Joe Ranieri, (Orange County Business Broker) discusses how to convert restaurants: buy an existing inexpensive restaurant and then converting it to another concept. He discusses finding the right location, working with the landlord, notifying existing clients, and observing restaurant trends.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
Pool Halls/Billiards in America, currently is seeing a resurgence, mainly due to pool hall owners catering to a millennial crowd who is growing up with playing pool and other games on their phones and later mingling with others and playing the sport for real. Read about the best tips for buying one!
When should the training of the new buyer of the business actually begin? Before escrow, during escrow, or only after the keys of the business are handed over to the new owner of the business. Joe Ranieri (Orange County Business Broker - Restaurant Specialist at 714-292-5448) starts this Discussion.
My restaurant recently upgraded its beer with wine license to a full-service liquor license, and if I sell, how much can that increase my selling price? A Southern California restaurant broker specialist initiates this discussion and other advisors, business brokers, agents weigh in on this topic.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
