Cash flow
$104,281
Revenue
$810,524
Down
Call/Email
Posting: 286090 | Available | 4/10/24
This is a fantastic chance to acquire a thriving sandwich franchise business with a leased location in the prime area of Hollywood. Situated in a bustling center alongside renowned brand-name tenants, this location benefits from their proximity to key landmarks and attractions.
Asking Price
$229,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283507 | Available | 4/10/24
For sale is a restaurant in one of the most desirable cities in South Bay and growing fast, as there are not many spaces are left for restaurants. This is an excellent location with a patio but the name & concept will not be included. Take over an existing business and be open in 30-45 days.
Asking Price
$218,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286083 | Available | 4/10/24
For an asset sale is a Mexican concept restaurant. It has an ABC 47 license. It has a low monthly rent of $7,500/month. The store size is 6,400 sq ft. with a seating capacity of 150. It is located in business plaza with plenty of parking. It would be easy to convert it to another concept.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$870,000
Down
Call/Email
Posting: 286081 | Available | 4/10/24
This newly built-out bakery has all equipment in place. A purchased new hood, walk-in freezer an Conbi oven, known as top of the line (cost 20k, purchased new). Thousands of dollars spent on build-out. $120,000 worth of equipment alone. This bakery features a trendy, newer style donut concept.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283852 | Available | 4/10/24
For sale is a cozy coffee shop with inviting and comfortable atmosphere that encourages patrons to linger, relax, and enjoy their coffee, excellent pastries, sandwiches, salads & more. It is a beautiful, established neighborhood cafe with lots of future potential.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283506 | Available | 4/10/24
For sale is an open kitchen restaurant in an excellent neighborhood, location, and exposure in a busy center with patio seating. Currently, it serves Mexican/Latin American cuisine but can convert to other concepts. It is absentee-owned, so it's perfect for your new idea or have the same concept.
Asking Price
$198,888
Cash flow
Call/Email
Revenue
$980,000
Down
$210,000
Posting: 285556 | Available | 4/10/24
A rare opportunity to own a Mexican restaurant with a 47 full bar and the property. The restaurant is almost 4,400 sf and the sales are almost at $1m a year. This business is long established and the property and the liquor license hold a lot of value. SBA requires 10% down for real estate purchase.
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
$678,000
Down
Call/Email
Posting: 285557 | Available | 4/10/24
This restaurant consists of 2 separate dining areas and a cozy cantina. The dining area can accommodate up to 125 patrons, while the cantina can accommodate 18 patrons. The semi-private dining area is perfect for parties and can hold up to 35 patrons. The space is 3400 sf and there is also a patio.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 284685 | Available | 4/10/24
This is an absentee-run Asian comfort restaurant for sale near UC Berkeley campus. It is located in an Asian ghetto food court in a bustling environment full of mainly students. It has a cute interior, narrow but cozy with bar tables with tall chairs. It has been established for 17 years.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
$500,000
Down
Call/Email
Posting: 286078 | In Escrow | 4/10/24
This montessori preschool is located on one of the main streets of Southern Orange County, with great visibility. It has ample parking and easy approach from the street is a big plus giving parents convenient access.
Asking Price
$425,000
Cash flow
$200,000
Revenue
$650,000
Down
$450,000
Posting: 278101 | Available | 4/9/24
A high-volume Edible Arrangements franchise is currently available for sale in the vibrant market of Los Angeles, bordering the North Orange County areas. This well-established business, operating for many years, is supported by seven dedicated employees who manage its operations.
Asking Price
$450,000
Cash flow
$120,000
Revenue
$72,000
Down
$348,000
Posting: 285535 | Available | 4/9/24
For sale is a profitable Korean fried chicken and boba restaurant located in a busy strip center in Carlsbad, CA. A beer & wine license is included. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer, and grease trap outside the kitchen. It is currently absentee-run.
Asking Price
$348,000
Cash flow
$90,000
Revenue
$480,000
Down
$198,000
Posting: 285537 | Available | 4/9/24
For sale is a profitable Korean fried chicken restaurant located in a busy strip center in San Diego County, CA. It has a beer & wine license / Type 41. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer., and a large 500-gallon grease trap outside the kitchen.
Asking Price
$198,000
Cash flow
$135,613
Revenue
$615,051
Down
Call/Email
Posting: 280394 | Available | 4/9/24
This is a downtown Santa Barbara restaurant with beer and wine for sale in an ideal location. It is absentee-run and is a turnkey restaurant. A local can easily increase sales to past levels and more. It has new bathrooms and kitchen flooring and additional dining room upgrades have been completed.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
$900,000
Down
$145,000
Posting: 286069 | Available | 4/9/24
Asset sale only, no business name or training: "The OC Lau restaurant". Vietnamese Seafood restaurants are commonly used in Vietnamese cuisine. The restaurant has gross sales of $900,000 per year and holds a B&W license. It is 1,300 sq ft. for a total rent of $4,500.
Asking Price
$140,000
Cash flow
$54,000
Revenue
$300,000
Down
$50
Posting: 285258 | Available | 4/9/24
For sale is a smoke shop at a good location with visibility from the main street. The owner has other stores and cannot run this business. It has a 50% profit margin. The monthly gross is $25,000 with a good profit margin. It has low rent. Selling due to partnership split.
Asking Price
$65,000
Cash flow
$109,000
Revenue
$720,000
Down
$375,000
Posting: 286051 | Available | 4/8/24
A long-established cocktail bar is located in a nice area with low rent with a 10-year lease. It has an outside patio, seller has spent $100,000 in capital improvements to improve the business. It is a 2-story facility with 2 pool tables so it is very spacious! Seller financing available.
Asking Price
$675,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$67,000
Posting: 286048 | Available | 4/8/24
Situated adjacent to a bustling supermarket, the restaurant benefits from high foot traffic, making it a popular choice among shoppers and residents. Currently operated by a team of employees, this business ensures a seamless and straightforward operational experience for the new owner.
Asking Price
$67,000
Cash flow
$84,874
Revenue
$459,909
Down
Call/Email
Posting: 286037 | Available | 4/8/24
Tremendous opportunity to take over a turnkey, thriving boutique barre studio that has the support of a franchise team, located in an affluent town. The studio is two years old and is growing quickly! Community and staff morale are thriving, and the studio was built with high-end materials.
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
$120,000
Revenue
$500,000
Down
All Cash
Posting: 284394 | Available | 4/8/24
For sale is a great Korean K-Pop style fried Chicken concept restaurant located in very busy shopping center. It is 100% absentee run and opened 6 months ago and has great potential if new owner comes in do all the marketing & social media.
Asking Price
$325,000
Cash flow
$240,000
Revenue
$1,400,000
Down
Call/Email
Posting: 285366 | Available | 4/8/24
Well-established for over 26 years is this Vietnamese & French restaurant located in a busy shopping center on Euclid Street. They current husband & wife owners have many restaurants & bars, but unfortunately the wife has serious health issues and has to sell this restaurant to reduce her stress.
Asking Price
$415,000
Cash flow
Call/Email
Revenue
$1,300,000
Down
50% Max
Posting: 257099 | Available | 4/8/24
This is a well established seafood restaurant located on busy shopping center. It has annual sales of approximately $1.1-1.2 million. The size is approximately 4,900 sq. ft. The rent is $11,373 and the lease is 15 years. It has a Type 47 liquor license. This is a one of a kind opportunity!
Asking Price
$450,000
Cash flow
$85,000
Revenue
$480,000
Down
Call/Email
Posting: 283527 | Available | 4/8/24
For sale is a well-established Mochinut franchise located in a major shopping center in Buena Park. It is 100% absentee run with a lot of potential if the owner is involved. There are many new menus coming up from headquarters to possibly increase the current sales volume.
Asking Price
$199,000
Cash flow
$150,000
Revenue
$925,000
Down
All Cash
Posting: 284927 | Available | 4/8/24
This is a beautiful, unique boutique with modern and stylish clothing and accessories. It is located in a historical town in the heart of Orange County. It has great visibility and street access with favorable demographics in a heavily populated area with a lot of walking traffic.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$218,000
Down
$225,000
Posting: 286029 | Available | 4/7/24
This is a rare opportunity to purchase a turn-key, well-established kickboxing studio in a great location. Established in 2018, it has been a well-branded franchise. Fully staffed, they hold class schedules with great instructors and daily classes. Stellar reviews show a great reputation!
Asking Price
$225,000
Cash flow
$110,000
Revenue
$400,000
Down
Call/Email
Posting: 282962 | Available | 4/6/24
This is a former Ding Tea franchisee. After conversing with Waffle Studio, gross sales gradually grew to $36,000/month. The net income is $10,000. They sell a variety of foods like Ding Tea Boba without paying a franchise fee, Chinese banh bao, Waffet, and Sandwiches. It is absentee-owned.
Asking Price
$180,000
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
$687,632
Revenue
$2,802,106
Down
Call/Email
Posting: 280070 | Available | 2/29/24
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
$2,600,000
Cash flow
$419,076
Revenue
$1,389,987
Down
Call/Email
Posting: 286607 | Available | 5/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,550,000
Cash flow
$400,113
Revenue
$1,456,014
Down
Call/Email
Posting: 278238 | 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. Business has seen double digit organic growth since inception.
Asking Price
$1,400,000
Cash flow
$159,571
Revenue
$379,778
Down
Call/Email
Posting: 285141 | Available | 4/1/24
This thriving limousine transportation business offers a golden opportunity for savvy investors. With a lean team and strong affiliate rates, 70% of the revenue comes organically through the thoughtfully set up website. The sale includes the assets worth $66K - 3 limos and 1 SUV,
Asking Price
$319,000
Cash flow
$419,430
Revenue
$3,988,789
Down
Call/Email
Posting: 285603 | Available | 3/11/24
This established rental car agency has licensing agreements in place capitalizing on the highly sought after San Diego tourism market. Over 250 vehicles are in the existing fleet. Vehicle equity is not included in the asking price and outstanding credit lines will need to be assumed by the buyer.
Asking Price
$1,650,000
Cash flow
$699,095
Revenue
$2,372,098
Down
Call/Email
Posting: 283142 | Available | 2/8/24
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
$2,400,000
Cash flow
$260,612
Revenue
$831,552
Down
Call/Email
Posting: 280924 | Available | 2/10/24
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
$900,000
Cash flow
$353,129
Revenue
$1,417,865
Down
Call/Email
Posting: 280333 | Available | 2/29/24
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. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
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
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
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
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
Even without meaning to be dishonest, sellers or brokers talking to someone who wants to buy a small business often make statements that are not true. And sometimes what is said is known to be a lie. The buyer is smart to carefully evaluate what they hear - six untrue statements sometimes told.
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries.
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.
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.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
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.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
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.
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.
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.
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.
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.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
