Status: Off The Market
Posting ID: 267442
Call / Email
Asking Price
NOTE: This BizBen Posting #267442 Accredited Hospice Agency - Newly ACHC in Van Nuys, Los Angeles County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
N/A
Revenue
N/A
Down
$159,000
Posting: 279586 | Available | 5/17/24
Home Health Care Agency-Brand New-Never Operated-Fully Licensed By CDPHS-Accredited By ACHC-Medicare Provider In Place-Ready To Bill -Licensed To Do Business In 5 different counties (LA-Orange-Ventura-Sun Bernardino-Riverside)-Relocatable.
Asking Price
$159,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$350,000
Posting: 286560 | Available | 5/14/24
This well-established outpatient hospice care agency, which has been operating since April 2014, is now available for sale. It is accredited by JACHO (Joint Commission) until April 30, 2025, and holds a DHS license valid until March 4, 2025. It is a Medicare provider in good standing.
Asking Price
$350,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 279595 | Available | 3/14/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. The agency was begun in December 2018 and it received its initial CDPH (California Department of Public Health) license in August 2019.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277528 | Available | 7/28/23
This home health agency is for sale in the Sunland Tujunga, California area. The company has been operating since 2017, has a current census of 28, and is fully staffed. The total projected revenue for 2022 is $700,000.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285522 | Available | 5/2/24
For sale is a hospice agency located in the San Fernando Valley Area, Los Angeles County. It is Health Department licensed (CDPH License). It was originally licensed in 2020 and it is Joint Commission Accredited.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284051 | Available | 11/28/23
A remarkable opportunity is available with the sale of an established Hospice business in Los Angeles, California. Operational since 2015, this business is not subject to selling restrictions or affected by the 36-month or 5-year rules. It covers a strategic area, including LA County/San Fernando.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285906 | Available | 5/4/24
For sale is a DHS hospice license. It is brand new, has never been operated,can transfer 100% shares to new owner. It can be relocated. There will be assistance available for CHOW, CHOL, accreditation and/or operation if needed.
Asking Price
$155,000
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 281810 | Available | 1/2/24
If you're looking to enter the thriving home health industry in California, this is a rare opportunity to acquire an established Home Health Agency operating since 2003, with Medicare and Medicaid certification.
Asking Price
$300,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286406 | Available | 5/4/24
This fully licensed and accredited hospice agency has a pharmacy contract, durable medical equipment contract, software contract, medical director, registered nurses, LVN, spiritual group, and social worker. It has been operating for the last six months.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284369 | Available | 12/20/23
This Houston, Texas Hospice was established in 2023. It is ready to bill immediately and comes with a licensed Medicare Provider Number (no staff or census included). Holds CHAP accreditation, is state-certified, and has no CAP (Capitalization) issues. The coverage spans the entire state of Texas.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285709 | Available | 3/19/24
Dallas, Texas Hospice, excellent opportunity for acquisition. No census, all necessary certifications in place, ready to bill immediately. Clean license, ACHC accreditation, and Medicare certified. Coverage area includes Region 3, encompassing the Dallas Metroplex and several surrounding counties.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277938 | Available | 3/26/24
Are you looking to enter the healthcare industry as a hospice provider? Look no further! We have a Michigan hospice provider number for sale in the Saginaw area. It is Medicare-certified and ready to bill Medicare at closing, with ACHC accreditation ensuring high-quality care.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284043 | Available | 11/28/23
Established Hospice business in Oregon. Comes with a clean Medicare Provider Number, ready for immediate billing. With Medicare acceptance, ACHC accreditation, and coverage in several counties, it is well-positioned for continued success.
Asking Price
$295,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 279942 | Available | 11/29/23
A brand new startup hospice in San Diego, CA is up for sale! With Medicare and Medical capabilities, this hospice is ready to start billing immediately upon closing and has never been billed before. CHAP accreditation ensures quality care, and there are no CAP issues or census.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284315 | Available | 2/7/24
A Dallas-based Hospice agency is available for sale, featuring a brand-new status and readiness to bill Medicare immediately. The agency is 100% Medicare certified, has no census, holds ACHC Accreditation, and covers Region 3 - Metroplex.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274601 | Available | 7/28/23
This is a hospice Agency for sale in Las Vegas, Nevada. The company is ready to bill Medicare immediately with PTAN in hand. This opportunity is for a clean Medicare provider number. It is a Medicare-certified hospice with CHAP accreditation. The owner will put staff in place.
Asking Price
$450,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281881 | Available | 7/31/23
Unique and incredible Home Health and Hospice Franchising Agency available in Minnesota. With a total revenue of $1,000,000 in 2022 and a well-balanced payer mix, this franchise holds immense potential for growth and expansion.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282409 | Available | 11/30/23
An exceptional opportunity awaits with the sale of a Hospice business in Texas. This clean and ready-to-operate agency is 100% Medicare certified, allowing immediate billing. With the flexibility to relocate the business to any desired location, this sale offers a unique chance.
Asking Price
$300,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285530 | Available | 3/6/24
For sale is a hospice care facility licensed by the State of Nevada Department of Health and Human Services. It is in a prime location in Las Vegas, Clark County, Nevada.
Asking Price
$139,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285759 | Available | 5/12/24
A new Hospice located in Houston Texas, is currently for sale. Certifications: Medicare Certification, Accreditation: CHAP, Census: Yes. Billing Number: PTAN and ready for Billing. Cap Status: Absolutely No Cap.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284311 | Available | 12/15/23
A Las Vegas, Nevada hospice is available. Its office is located in Henderson and is ready to bill Medicare immediately. Comes with a clean provider number, no census, and holds CHAP accreditation, covering all of Clark County. CHOW assistance was provided by the seller's consultant.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285062 | Available | 5/8/24
A hospice located in Dallas, Texas, is available for sale. This hospice has zero census and is Medicare and Medicaid certified. It covers Region 3 and has been licensed since 2017, surpassing the 36-month rule. The asking price for this opportunity is $350,000.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284314 | Available | 1/30/24
A hospice located near Dallas, Texas, is available for sale. This hospice is approved for Medicare billing and has Medicaid pending. It has a clean record with no census, holds Joint Commission accreditation, and covers Region 3 and parts of Region 7.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286003 | Available | 4/5/24
Newly established Colorado Springs Hospice. Newly acquired license, ACHC accreditation, PTAN in hand. Potential for partnership offers additional avenues for growth and expansion. Medicare certified and in the process of Medicaid enrollment. Covers all of Colorado. 36-month rule does not apply.
Asking Price
$310,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$239,000
Posting: 281622 | In Contract | 7/13/23
Update: 12/15/2023 - In contract. This pristine 6-bed congregate home is nestled in the Skyline Ranch community in Apple Valley (San Bernardino County). The facility is approximately a 10-minute drive from Highway 15 with plenty of eateries, grocery stores, and other venues along the way.
Asking Price
$239,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$400,000
Posting: 285669 | Available | 3/15/24
We have an excellent opportunity to acquire an existing ACHC-accredited hospice located in Orange County. This agency is a perfect fit for anyone looking to scale their current operation or those looking at entering the hospice market. No 3-year rule!
Asking Price
$400,000
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: 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
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
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
$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
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
$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
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
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
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
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
$132,000
Revenue
$360,000
Down
$50,000
Posting: 279801 | Available | 1/22/24
This is a profitable auto repair shop in Long Beach with the same owner for 18 years. It has a loyal client base on a great corner location near a large church with a huge parking area. The store size is 2,500 sq ft, and the lot size is 8,000 sq ft with 5 bays. Long-term rent: 5 years plus 5 years.
Asking Price
$120,000
Cash flow
$1,000,000
Revenue
$2,100,000
Down
$3,600,000
Posting: 274543 | Available | 3/14/23
For sale is a high cash flow business. It is in a nice area with a big acre lot. It has high revenues and machine wash. It has been long established in an upscale area. Come to our office for additional information and proof of funds. Address will not be provided over the phone or email.
Asking Price
$8,900,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 271022 | Available | 6/20/23
It is estimated that the marketplace for connected cars and automobile data is will reach $400BN by 2030. There are currently ~280MM registered automobiles in the US today with ~65MM of them being connected cars. The Company has created a process that while working with 3rd party Co
Asking Price
$745,000
Cash flow
$318,000
Revenue
$868,000
Down
25 to 35 %
Posting: 277293 | Available | 11/6/22
High traffic, central Los Angeles laundromat with a healthy, loyal customer base. One owner for 20 years. Many streams of income are in place with the potential for more. Flexible SBL and partial seller financing are available. Dependable staff in place. Unique chance for an established money maker.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$40,000
Posting: 285410 | Available | 2/28/24
Lowest price on the market! Our seller has an ACHC home health agency in a great area of Sherman Oaks. This agency comes to the marketplace with one owner and with no issues. The corporation was started in April of 2021 and it was licensed via ACHC in October of 2022.
Asking Price
$40,000
Cash flow
$363,336
Revenue
$690,000
Down
Call/Email
Posting: 285077 | Available | 4/30/24
This is a rare chance to buy a coin laundromat business with the property! It is a free-standing corner location with great visibility, serving a dense residential zone. They have kind staff and loyal customers in place. It has everything needed to please the customers.
Asking Price
$3,000,000
Cash flow
$223,000
Revenue
$500,633
Down
Call/Email
Posting: 285380 | Available | 4/16/24
For sale are assets worth $266,000 including staging essentials, inventory, a moving truck, and an established online presence. The company boasts an efficient operational model with skilled staff, advanced inventory management, and a positive culture.
Asking Price
$650,000
Cash flow
$360,663
Revenue
$450,798
Down
$105,000
Posting: 286163 | Available | 4/24/24
Are you ready to make a meaningful impact on hundreds of children while running a successful business from the comfort of your own home? Imagine being at the helm of a thriving enterprise that's transforming the educational landscape in the Bay Area.
Asking Price
$1,050,000
Cash flow
Call/Email
Revenue
$306,000
Down
Negotiable
Posting: 276269 | Available | 5/2/24
Owner-operator opportunity for a mailbox rental, shipping, & live scan fingerprinting store near Topanga Canyon Blvd., south of 118 highway. It provides notary services, as well as key-making, and sells gift items. In this high-traffic busy shopping center over 25 years. Terrific, 12+ year lease.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283703 | Available | 4/16/24
This is a dry cleaners for sale on a busy street in San Francisco. This is a plant (not an agency). It has all kind of machines. The owner will retire. They have good lease terms. The gross sales are $30,000 monthly. Please have credit card statement and tax info ready to show for purchase.
Asking Price
$225,000
Cash flow
$1,500,000
Revenue
$4,200,000
Down
Call/Email
Posting: 285574 | Available | 4/18/24
This is a high-end, award-winning, and profitable audio-visual home automation and integration systems sales, installation, and service company. It has been under original ownership since 2009. 2023 gross sales were an impressive $4.2M+/ with adjusted net earnings of $1.5M+/.
Asking Price
$3,100,000
Cash flow
N/A
Revenue
N/A
Down
$200,000
Posting: 285420 | Available | 4/2/24
This is an incredible opportunity to own a thriving Star Certified smog test & repair shop. The shop is a full-service auto repair facility with state-of-the-art tools and equipment that has been operating in The Painter Auto Center location since 2000.
Asking Price
$200,000
Cash flow
$275,000
Revenue
$1,200,000
Down
Call/Email
Posting: 285784 | Available | 3/22/24
This is a profitable audio-visual home automation and integration systems sales, installation, and service company. It has been under original ownership since 1979. 2023 gross sales were in the $1.2M range with net earnings of $275K+/.
Asking Price
$800,000
Cash flow
$600,000
Revenue
$1,320,000
Down
$4,000,000
Posting: 286558 | Available | 5/14/24
A very high sales volume coin laundromat with property is available for sale. The monthly average sales amount to about $110,000, with a net income per month of $50,000. The laundry features brand-new machines and occupies a lot size of 25,740 square feet, with a building size of 5,520 square feet.
Asking Price
$8,200,000
Cash flow
Call/Email
Revenue
$231,000
Down
Call/Email
Posting: 284432 | Available | 2/14/24
This laundry is located in a busy strip center and on a major intersection. It is very well maintained with easy in and out access and great parking. It is located in a populated area surrounded by lots of apartment complexes.
Asking Price
$268,000
Cash flow
$52,800
Revenue
$201,000
Down
Call/Email
Posting: 286439 | Available | 5/7/24
This laundromat is located in a major street with great visibility in a high traffic area. It has easy in and out access with plenty of parking. It is a great starter laundry with excellent potential in a highly desirable area. Reasonable seller!
Asking Price
$188,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$25
Posting: 261457 | Available | 10/5/20
Great Opportunity to Own a Coin Laundry + Property in LA. This is one of the best coin-operated laundromats. In the free-standing building with a huge parking lot in a great location. This laundry is located in an area with a high population of coin laundry customers with great visibility.
Asking Price
Call / Email
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
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
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
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
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
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Serving California laundry owners and investors, I am afforded the opportunity to see and analyze why various laundries make or lose money. Time and time again my associates and I work with our laundry clients analyzing what the true value of their laundry is and what can be done to improve it.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Today, we see more growth in the white-collar sector than we do in blue-collar entering the laundry business. We are also happy to see a rapidly growing representation of Black and Hispanic investors; women entrepreneurs are possibly one of the fastest growing segments.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
The coin laundry industry is nearly 50 years old and most laundries are operated by individual owners. Mike Hurrell with Golden State Laundry Systems discusses how to buy a coin laundry. Topics include financing a coin laundry, what to look for, what types of laundries are available in Southern CA.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
A laundromat needs to be thoroughly looked over before a buyer should complete an acquisition. The income is important of course but, the path forward is even more important. Chuck Post, Laundry Advisor, Due Diligence Consultant offers laundry buyers valuable advice on this BizBen blog post.
The laundry lease is undoubtedly of the highest element of value of the laundry investment. It is critical to get and to keep your lease in line with the operating model that is intended for your laundry. Chuck Post, laundry consultant and broker covers this topic in this BizBen blog post.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
The answer is that success lies in the control of the Laundry Operator who is willing to address the questions and make the modifications to better service today's service conscious customers. For those that pay attention and take action the future looks better than ever.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
California laundry consultant and advisor Chuck Post discusses redefining your business model when seeking a re-tooled laundry.
California business buyers considering buying a beauty supply shop may want to read this article about how to buy a small to mid-sized beauty supply business. Article discusses who the target market is, the importance of trendy inventory, and product knowledge. It concludes with an industry outlook.
Some California entrepreneurs think they might like to buy a vending business but have heard negative things about the industry and aren't aware of important facts about this business. Here are some tips from BizBen's Peter Siegel on what to look for in buying a California vending business for sale.
First thing you may be asking, what is a boutique gym? Simple, a boutique fitness gym is on average much smaller than your typical large-scale gym, ranging from 800 to 2,500 sq feet. In this BizBen blog post, Joe Ranieri (Southern California Business Broker) discusses this topic for gym buyers.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
If you are open to exploring the franchise opportunities available the commercial cleaning industry is an area you should consider. Commercial cleaning franchises are quickly becoming a popular choice among business buyers and here are my 6 reasons why you should consider buying one.
Buyers interested in buying a janitorial cleaning business will find companies in this industry for sale that are quite profitable. Careful due diligence, including the six factors covered in this blog post, is advised before completing a deal. Peter Siegel, MBA with BizBen explores this industry.
One aspect that many customers look for in a business today and will most likely moving forward is cleanliness. Overnight cleaning will become more important as we rebuild our businesses and lives, and so janitorial businesses will most likely become essential. Joe Ranieri (Business Broker) shares.
To be successful in buying a small business you must be able to look objectively at the company and determine whether or not it is a business that will be able to grow into the future. The key to long term survival is when a business is able to change and grow along with the needs of their consumer.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Are laundries good investments for buyers? Chuck Post, (at 619-227-5711 - California laundry consultant, due diligence services, and laundry buyer representation) discusses this topic with other advisors & brokers in this BizBen Discussion about laundry investments and if they are good investments.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
What should you look out for when buying a beauty salon business? Buyers kept asking us so I decided to go over the basics plus a bit more and discuss items like: independent contractors vs employees, inventory considerations, licensing issues, escrow considerations, and of course valuation ranges.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
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.
