Cash flow
$127,190
Revenue
$1,345,673
Down
Call/Email
Posting: 281442 | Available | 5/6/24
Enter the highly profitable outdoor recreational product space for hunters and anglers with an acquisition of this leading product importer/distributor. Included in the sale are strong transferable supply chain relationships with overseas manufacturers; loyal transferable wholesale accounts.
Asking Price
Call/Email
Cash flow
$79,582
Revenue
$946,806
Down
$125,000
Posting: 281196 | Available | 5/6/24
Discover the premier school uniform supplier serving Bay Area schools since the 80s! This business provides top-quality uniforms, exceptional service, and competitive prices. Whether you visit their store, attend their mobile sale events, or shop online, you'll experience superior customer care.
Asking Price
$250,000
Cash flow
$200,000
Revenue
$800,000
Down
Call/Email
Posting: 286417 | Available | 5/4/24
A hamburger restaurant located in the famous beach area in LA has been in business for 40 years under the ownership of a single individual. With a significant influx of tourists, the restaurant boasts an annual sale of $800,000 and an annual profit of $200,000.
Asking Price
$430,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$70,000
Posting: 286416 | Available | 5/4/24
This fantastic Mexican bar & grill restaurant has a 47 hard liquor license, operates 100% absentee run, experiences heavy traffic in a huge shopping center area, with an annual sale of $1,100,000 and an annual profit of $110,000. Additionally, it features a sport bar and an 800 sqft beautiful patio.
Asking Price
$250,000
Cash flow
$72,984
Revenue
$764,238
Down
$325,000
Posting: 286415 | Available | 5/4/24
Are you seeking a feel-good business that is profitable? Look no further! This doggie boutique offers specialty foods, freshly baked treats, toys, accessories, and grooming services to fulfill all your pet's needs. With a deep commitment to animal welfare, the owners are actively involved.
Asking Price
$325,000
Cash flow
$100,000
Revenue
$600,000
Down
$100,000
Posting: 286413 | Available | 5/4/24
This fantastic juice bar smoothie franchise, which is 100% absentee run, has an annual sale of $600,000 and an annual net of $100,000. Training and support are provided, and it's SBA loan prequalified.
Asking Price
$285,000
Cash flow
$450,000
Revenue
$2,200,000
Down
$1,200,000
Posting: 286412 | Available | 5/4/24
A fantastic drive-thru hamburger restaurant with property has been remodeled. It features a huge parking lot and boasts an annual sale of $2,200,000, with an annual net profit of $400,000. Additionally, it generates extra income of $50,000.
Asking Price
$4,200,000
Cash flow
$200,000
Revenue
$513,500
Down
$350,000
Posting: 286408 | Available | 5/4/24
This coin & app based laundromat is generates a high adjusted net income of $200,000 per year. It operates from 5:00 am to 1:00 am run by employees, has low rent and spans 2,700 square feet in size. Situated in a hot location with many apartments around, it boasts brand new washers.
Asking Price
1,05 M
Cash flow
$200,000
Revenue
$1,000,000
Down
Call/Email
Posting: 279686 | Available | 5/4/24
Price is lowered. For sale is a semi-absentee-run Mexican restaurant. It's located in the Design District with new development in the area (commercial, residential, and industrial area-mixed area). The size of the restaurant is 2,400 sq. ft and rent is $8,000 including CAM (5 years remaining).
Asking Price
$269,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 269473 | Available | 5/4/24
Price reduced! This is a small laundromat for sale in San Francisco. The size is about 1200 sq ft. and this is a commercial condo until you own the space (no rent to pay). Before the pandemic, sales were $15,000 per month and now is currently $92,000 a year. BRING YOUR OFFER!! MOTIVATED SELLER!
Asking Price
Call/Email
Cash flow
$236,000
Revenue
Call/Email
Down
Call/Email
Posting: 283162 | Available | 5/4/24
This is a well-established business in Marin County and is fully staffed. It has been established for close to 30 years with a great reputation. They have two licensed physical therapists with three assistants. They have great long-time contracts and have also been treating the local sports team.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275121 | Available | 5/3/24
A grocery store with a restaurant and bakery is for sale. The destination also includes a Halal meat market and specializes in Middle Eastern, North African, Afghan, and Iranian Cuisine. This is a well-established market in a populated area of Sacramento. Gross sales are $175,000 per month.
Asking Price
$1,675,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283618 | Available | 5/3/24
A busy convenience store is for sale. This C-store has a nice neighborhood and a populated busy location. The store sells approx $26,000 per month, has rent of $2,000 per month, and a 3,500 sqft app. Also, this convenience store has additional income from ATMs & lotto.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283619 | Available | 5/3/24
Suppose you are looking at California smog shops with the idea of buying one in order to have your own business. Planning on working as a test technician would be the best idea. The landlord is negotiable and works well with the brokerage. Rent is $3,030 with 4 years left and a 5-year option.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$317,353
Down
Call/Email
Posting: 285931 | Available | 5/3/24
Located in the heart of one of the of most popular beach communities in North County San Diego, this women's boutique carries a wide variety of activewear, boutique clothing and gifts. It has great street visibility and walk-by traffic. The interior of the store is built out with high end finishes.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
$500,000
Down
Call/Email
Posting: 285374 | Available | 5/3/24
This quick service pizzeria in South OC is perfect for established operators who are looking to expand without costly construction expenses. This is turnkey but needs to be rebranded and subject to landlord approval. It is 1,100 sf, the rent is $6,700, and there is 7 years left on the current lease.
Asking Price
$99,000
Cash flow
$150,000
Revenue
$1,800,000
Down
Call/Email
Posting: 284501 | Available | 5/3/24
This is a long-established American restaurant with a full bar, patio and strong revenue of $1.8m a year, and low rent factor of 8%. The space is 2,500 sq ft. and the rent is $12,500 with 9 years left on the lease. This is an absentee run business and an owner operator can increase the bottom line.
Asking Price
$375,000
Cash flow
$1,000,000
Revenue
$2,000,000
Down
$3,000,000
Posting: 286389 | Available | 5/2/24
This business operates with short business hours from 11 am to 7 pm. It operates five days a week, Monday through Friday. The business boasts excellent net income, averaging 85K per month (approximately1 Million per year), with approximately a 50% margin.
Asking Price
$8,500,000
Cash flow
$649,759
Revenue
$4,775,071
Down
Call/Email
Posting: 285090 | Available | 5/2/24
This is a multi-unit opportunity with an AUV above system average. This offering consists of 5 attractive Jamba restaurants in desirable areas. Jamba was founded in 1990 (incorporated as Juice Club, Inc.) in San Luis Obispo, California.
Asking Price
$2,750,000
Cash flow
$219,076
Revenue
$1,601,184
Down
Call/Email
Posting: 286384 | Available | 5/2/24
For sale is a Del Taco with attractive cash flow. It is a well-established drive-thru unit with a long lease. At more than 580 restaurants and growing, Del Taco is the 2nd largest American-style Mexican food chain in the US.
Asking Price
$775,000
Cash flow
$122,393
Revenue
$1,126,051
Down
Call/Email
Posting: 286383 | Available | 5/2/24
This is an established unit with a drive-thru in an attractive center. Our location is in a bedroom community with a growing population. Del Taco, the 2nd largest American-style Mexican food chain in the US, has more than 580 restaurants and is still growing.
Asking Price
$450,000
Cash flow
$286,000
Revenue
$670,000
Down
Call/Email
Posting: 286306 | Available | 5/2/24
For sale in excellent locations on a main, high-traffic street with a high demographic population and affluent area. The beautiful, built-out private rooms with the best and high-end tanning beds and spray machines, red-light therapy and spa equipment in Santa Clara County.
Asking Price
$600,000
Cash flow
N/A
Revenue
N/A
Down
$199,000
Posting: 277590 | Available | 5/2/24
For sale is a restaurant, newly built. It has a full kitchen with new equipment. Seller's build-out cost was $700K+. There is a Beer & Wine (Type 41) license. This is an asset sale. New menu conversion is possible with the landlord's consent.
Asking Price
$199,000
Cash flow
$200,000
Revenue
Call/Email
Down
Call/Email
Posting: 274297 | Available | 5/2/24
For sale is a phone repair shop in the Fishermen's Wharf area. The price has been reduced. The size is 670 sq. ft and the rent is $10,000. It is a semi-absentee owner business and the owner manages and orders products. There are two employees. The monthly gross is $60,000.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 284686 | Available | 5/2/24
This is an absentee-run Japanese alley-style food restaurant for sale near UC Berkeley. It is located half a block on the main street next to campus. This is a small sushi bar/ramen spot and they also have boba drinks. The parking is paid street parking with a garage nearby
Asking Price
$280,000
Cash flow
$250,000
Revenue
$690,000
Down
$50
Posting: 285519 | Available | 5/2/24
For sale is a market in Pasadena that does not sell any alcohol. It is easy to handle the store and is ideal for a husband/wife duo. The store has a high margin (almost 50%), low rent, and short business hours. It is located in a very busy area in the center of the city. 2023 sales 68,760, net 250K
Asking Price
$490,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279635 | Available | 5/2/24
For sale is an upscale Beauty Spa for sale in Financial District SF. The spa ambiance is clean and spacious with an ADA restroom. They offer professional hair removal/waxing, facials, and hair makeup for wedding looks that bring out a woman's natural beauty. There are over 25,000 clients.
Asking Price
$78,000
Cash flow
$300,000
Revenue
$1,200,000
Down
Call/Email
Posting: 280840 | Available | 5/2/24
This is a high volume Dickey BBQ restaurant for sale in Lancaster of Los Angeles county. Annual sales are around $1,200,000 with a semi-absentee run owner. All their barbecued meats are smoked on-site in a hickory wood-burning pit. They can bring your food by contactless doorstep delivery.
Asking Price
$350,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/17/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
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
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/15/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 5/14/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
call/email
Revenue
$1,051,340
Down
$160,000
Posting: 282462 | Available | 5/13/24
A full-service electric contractor 65 years of experience serving Bay Area Customers. With projects ranging from ground-up to design-build, tenant improvements, seismic upgrades, historic renovations, remodeling & more.$30M approx projects pending 2023.12 Vehicles Included
Asking Price
$800,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$125,000
Posting: 286454 | Available | 5/15/24
Established in October 2023, this Sacramento Area towing venture is experiencing steady growth. Ideal for existing operators or aspiring entrepreneurs, it offers a turnkey solution with pre-existing marketing strategies, a functional website, and efficient lead generation systems.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/12/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
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
Call/Email
Down
Call/Email
Posting: 283972 | Available | 5/15/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 5/17/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/18/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/17/24
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
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 5/18/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 286567 | Available | 5/14/24
For sale is an upscale full-service modern hair salon with in the heart of Downtown Alhambra. This salon has 10 stations and 3 shampoo bowls. The salon offers precision haircuts, custom coloring, re-texturizing straight and curly hair, and updos. Individual room for lash extensions, massage& waxing
Asking Price
$65,000
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/14/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/15/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285510 | Available | 5/8/24
Beautifully appointed, this bright beauty space opens to plenty of foot traffic near Burbank Studios. Just add your professional talent and owner's vision! This salon spa is located in a well-maintained building. Direct lease with the landlord in place plus renewal options.
Asking Price
$299,000
Cash flow
$67,200
Revenue
$138,000
Down
$60,000
Posting: 284941 | Available | 1/31/24
Explore an excellent business opportunity with this well-established dry cleaner plant situated in a bustling shopping center. Operating from 8 am to 7 pm on weekdays and 9 am to 4 pm on Saturdays, the business has been successfully running for approximately 40 years.
Asking Price
$60,000
Cash flow
$500,000
Revenue
$200,000
Down
$150,000
Posting: 280023 | Available | 4/4/23
Home gym and fitness equipment business for sale in Sacramento California, with equipment over $500,000. This business is surrounded by residential and commercial areas. Space is over 6500 square feet with a display area for gym equipment and then a backspace for a storage area.
Asking Price
$500,000
Cash flow
$348,000
Revenue
Call/Email
Down
$520,000
Posting: 280329 | Available | 4/21/23
This is a Japanese Restaurant in a good location and neighborhood. Opening hours are short. The asking price is $1,300,000. It is good for a highly experienced buyer of Japanese Restaurants. Net income is about $29,000.00/Month.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$230,000
Posting: 284523 | Available | 1/5/24
For sale is a market that is absentee-owned. It is in a Hispanic & Black community with a lots of traffic on the main street. The sales are $2 million per year and inventories are around 200K. It has a beer & wine license. It is $6,000 rent for 3,000 square feet with a 10-year lease.
Asking Price
700,000 + Inv
Cash flow
$524,453
Revenue
$1,863,521
Down
Call/Email
Posting: 282069 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,800,000
Cash flow
$96,000
Revenue
$420,000
Down
$1,125,000
Posting: 285781 | Available | 3/22/24
For sale is a convertible beer and wine market with land and a house in the back. The market is 2,225 sq ft., the house is 1,900 sq ft., and the corner lot is 9,853 sq ft. It was built in 1952. Cash offers only and need proof of funds.
Asking Price
$1,125,000
Cash flow
$150,000
Revenue
$549,000
Down
$150,000
Posting: 286553 | Available | 5/13/24
This highly profitable commercial dealership specializing in Echo, Stihl, Kawasaki, and Honda equipment is now on the market in South Pasadena. With a solid foundation spanning over 24 years, the business boasts a broad client base that includes both large and small landscapers, golf courses.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286281 | Available | 4/26/24
A spacious sushi restaurant is available for sale in Fair Oaks of Sacramento County. This restaurant features a clean, spacious interior with a sushi bar. The lease amount is $3662.00, covering water, garbage, CAM, and SEWER. With approximately 1,500 square feet and seating for 49 patrons.
Asking Price
$125,000
Cash flow
$78,000
Revenue
$840,000
Down
Ask
Posting: 256860 | Available | 10/5/20
If you want the best & authentic Indian food, this is the place. The food is to die for and out of this world. The food is so flavorful, absolutely amazing and second to none. The food is extremely delicious and hands down the best Indian cuisine.
Asking Price
$239,000
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.
ServingSouthern California
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
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.
ServingSouthern California
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
ServingCity Of San Francisco
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.
ServingSan Francisco Bay Area, North Bay, Central Valley
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Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
Don't confuse a business opportunity with a going business for sale. In the broadest sense, an existing business being offered on the market is sometimes called a business opportunity. But for a buyer's purposes, seeking to invest in a business to own and operate, there are important differences.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
To receive the fullest exposure for selling their business, small business owner/sellers should make sure their listing broker or agent is co-operating with other business brokers and agents on their deal. Christina Lazuric a Orange County business broker discusses this topic with BizBen Users.
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.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
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.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
