Cash flow
N/A
Revenue
N/A
Down
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Posting: 282202 | Available | 5/13/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
$215,000
Revenue
$444,767
Down
Call/Email
Posting: 286087 | Available | 5/13/24
This is a rare opportunity to own a well established franchise sushi bar business. It is located in a well known big supermarket in Peninsula since 2005. This is a simple operating business with a clean book and record. Seller claims the annual operating net income is about $215,000.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
$1,647,000
Down
Call/Email
Posting: 285961 | Available | 5/13/24
This is a reputable Chinese Restaurant that was well-established 9 years ago. It is located in a very busy area with lots of foot traffic. The seller claims revenue in 2023 is about $1,647,000.
Asking Price
$380,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 286544 | Available | 5/13/24
This is a profitable business owned by absentee owners. This is a hot pot restaurant with all dining area tables equipped with electrical burners and proper overhead kitchen hoods. The seller has spent over $300,000 to upgrade the dining area and the kitchen.
Asking Price
$590,000
Cash flow
$240,000
Revenue
$900,000
Down
$120,000
Posting: 281611 | Available | 5/13/24
For sale is a great and well-established sushi restaurant in the affluent and dynamic community of Fountain Valley. It has a great rent of $3,850 including NNN for 1,300+ sq ft. with plenty of parking spaces in the lot. its current monthly sale is $75,000 with open 6 days a week. Beer/Wine. SBA.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 281310 | Available | 5/13/24
This approximate 1,200 sq ft. sushi & chicken restaurant is located in an Eastbay shopping mall. This restaurant has its own seating and restroom. The restaurant has its own kitchen which is well-equipped and includes a walk-in freezer and kitchen hood. The total rent is a reasonable $5,092.
Asking Price
$45,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 284952 | Available | 5/13/24
This bubble tea shop is situated in the picturesque Los Gatos downtown area. The scenery is beautiful, there is a high level of pedestrian activity, and it exudes a highly romantic ambiance. Nearby, there are high schools, elementary schools, and other establishments.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 285121 | Available | 5/13/24
It is located in Newark, is a delicatessen specializing in Japanese matcha-themed treats. It boasts a blend of traditional and modern flavors, offering a variety of delectable matcha desserts and beverages. The interior is elegantly designed, creating a cozy and inviting atmosphere.
Asking Price
$128,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 285205 | Available | 5/13/24
This hot pot restaurant is situated in a prime location within a plaza in Daly City. It is conveniently located in a plaza with excellent foot traffic. The restaurant has a steady customer base, stable business, and low rent. It is surrounded by residential areas and nearby shops.
Asking Price
$200,000
Cash flow
$90,000
Revenue
$324,000
Down
Call/Email
Posting: 286536 | Available | 5/12/24
This restaurant is located in a plaza with a total of 5 restaurants. There is a lot of potential with a large parking lot and many customers visiting the restaurant. It is currently only open 5 days a week, but sales are expected to increase if it opens on Saturdays and Sundays.
Asking Price
$149,000
Cash flow
$70,279
Revenue
$240,086
Down
$165,000
Posting: 286534 | Available | 5/11/24
This is a rare opportunity to own a thriving restaurant with established reputation and dedicated customer base. Situated in prime location with ample parking, this culinary gem sits on 1800 sq ft of inviting space, and has a proven track record of success.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$75,000
Posting: 284511 | Available | 5/11/24
For an asset sale is a great location with national brand stores and restaurants. It was recently remodeled. There is a hood and grease trap installed. Its size is about 750 sq ft. and its rent is $5,800 including NNN. It is in a high foot traffic area with easy management and operation business.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$480,000
Down
$100,000
Posting: 284512 | Available | 5/11/24
For sale is a well-established Hawaiian poke restaurant in the busy shopping center of Anaheim. Its current monthly sale is about $40,000. Its size is great 700 sq. ft with rent of $3,650 including NNN. It is in a high traffic area with offices and residential buildings.
Asking Price
$145,000
Cash flow
Call/Email
Revenue
$450,000
Down
$135,000
Posting: 284513 | Available | 5/11/24
For sale is a well-established Hawaiian poke restaurant in the busy food court of Santa Fe Springs. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,000 sq ft. plus a spacious patio and its rent of $6,500 including NNN. The seller will train the buyer fully.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286527 | Available | 5/10/24
This is a teriyaki restaurant for sale! It is located in a great spot, situated in the pad of a high-traffic shopping center. The size of the restaurant is 1,300 square feet. Rent is below $5,000. It is absentee-run.
Asking Price
$230,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 286511 | Available | 5/10/24
We are offering this profitable Japanese restaurant or conversion opportunity in a great location. The space is 3000 square feet with seating for approximately 125. It features a full kitchen with a 24-foot hood, four gas woks, and more. The current concept is profitable.
Asking Price
$240,000
Cash flow
Call/Email
Revenue
$630,000
Down
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Posting: 285494 | Available | 5/9/24
This is a Chinese restaurant for sale. The restaurant is located in a nice area of Oakland. This restaurant has been in the same location for over 35 years. Three is a beer and wine license.The size of the restaurant is 1,546 sq ft. and rent is $4,900.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 286020 | Available | 5/9/24
This is a Korean chicken restaurant for an asset sale. This restaurant is located in a busy shopping center. This is the cozy and clean and take-out style restaurant. The size of the restaurant is 1,200 sq ft. and rent is $3,400 including CAM. There's a 9 foot type 1 hood in the kitchen.
Asking Price
$169,999
Cash flow
$600,000
Revenue
$3,000,000
Down
Call/Email
Posting: 286021 | Available | 5/9/24
For sale is a hot pot style restaurant that has high volume sales. The restaurant is located in a busy Asian shopping center. The size of the restaurant is 1,350 sq. ft and the rent is $8,000/m including CAM and garbage.
Asking Price
$1,399,999
Cash flow
Call/Email
Revenue
Call/Email
Down
$485,000
Posting: 286505 | Available | 5/9/24
Recently, an izakaya sushi bar opened in Buena Park and is now for sale. The store size is 3,000 square feet with relatively cheap rent at $9m000 with NNN, offering a lease term of 2+5+5 years per month, totaling 12 years left on the lease. The business is currently being run absentee.
Asking Price
$485,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$125,000
Posting: 286502 | Available | 5/9/24
For sale is a great and well-established sushi restaurant in the affluent Hacienda Heights area. It has a spacious 2,400 sqft with great rent of $4,500 including NNN. It has a full kitchen with a long hood, walk-in cooler, and grease trap. There is a beer/wine license.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$360,000
Down
$110,000
Posting: 286501 | Available | 5/9/24
For sale is a great and well-established teriyaki, sushi and roll restaurant in the downtown Whittier area. It has a spacious 1,700 sqft with great rent of $4,500 including NNN. It has a full kitchen with long hood and walk-in cooler. The owner wants to retire.
Asking Price
$110,000
Cash flow
Call/Email
Revenue
$1,440,000
Down
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Posting: 286499 | Available | 5/9/24
For sale is a great and well-established Korean restaurant in the affluent and dynamic Valley community of Los Angeles. It has a great rent of $9,000 including NNN with plenty of parking spaces in the lot. its current monthly sale is $120,000. Its location is in the busy area.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 286497 | Available | 5/9/24
For an asset sale is a teriyaki and roll restaurant available at a great location in Montebello, Los Angeles County, California. Call for more information!
Asking Price
$35,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
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Posting: 286495 | Available | 5/9/24
For sale is a grand scale, high volume, profitable Chinese restaurant that operates within a 6,000 square foot standalone building with super low rent.
Asking Price
$1,200,000
Cash flow
Call/Email
Revenue
$200,000
Down
$50,000
Posting: 281250 | Available | 5/9/24
This is an asset sale. This is a great location on the ground floor in Plaza Mexico of Lynwood. They have a newly remodeled hall and kitchen with ventless electric hood & fryers. Currently, it serves fusion-style hot dogs, Korean finger/street food menu, boba, etc. Its size is 660 sq. ft.
Asking Price
$50,000
Cash flow
Call/Email
Revenue
$840,000
Down
$130,000
Posting: 284090 | Available | 5/9/24
This is a well-established and famous sushi restaurant in the Glendora area. Its current monthly sale is about $70,000 with a full kitchen and beer/wine. It is 2,000 sq ft. with rent of just $4,100 including NNN. They have beer/wine.
Asking Price
$269,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$165,000
Posting: 281307 | Available | 5/9/24
For sale is a well-established and famous sushi & roll restaurant in the Huntington Beach area. The store was recently remodeled with two separate kitchens. Its current sale is about $110,000, but last year's annual sale was $1,477,000. Its store size is a very spacious 3,000 sq. ft.
Asking Price
$555,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 5/13/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
$1,100,000
Down
$250,000
Posting: 284282 | Available | 4/4/24
For sale is a well-established sushi restaurant in the community that has great responses on Yelp! Currently, the restaurant is open 6 days a week with an A La Carte Menu. It is a good size of 1,500 sq ft. with a great rent of $8,800 including NNN and plenty of parking spaces.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
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Posting: 285830 | Available | 3/25/24
One of San Diego's landmark Thai restaurants is for sale in Mira Mesa. The 2,700 SF restaurant comes fully equipped with a 22' hood; combo walk-in freezer/cooler; specialty oven for their popular roasted Pork and Duck. There is also a 1,000 SF patio complementing the expansive interior seating.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 284009 | Available | 11/24/23
For sale is a well established and remodeled Japanese restaurant. This is a restaurant located in an area with a high population flow, very busy for tourists, events, shops etc. It has a beautiful patio area. Size is estimated to be 1,200 ~ 1,500 sq. ft (40 seating) / patio outside (36 seating)
Asking Price
$249,000
Cash flow
$70,279
Revenue
$240,086
Down
$165,000
Posting: 286534 | Available | 5/11/24
This is a rare opportunity to own a thriving restaurant with established reputation and dedicated customer base. Situated in prime location with ample parking, this culinary gem sits on 1800 sq ft of inviting space, and has a proven track record of success.
Asking Price
$165,000
Cash flow
$216,000
Revenue
$1,140,000
Down
Call/Email
Posting: 281014 | Available | 3/6/24
This restaurant is not an all-you-can-eat restaurant. Therefore, the profit margin is good. It has been in business for a long time in one location, so there are many regular customers, and the income is relatively stable. The current owner is not a chef but has been managing for 10 years.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
$960,000
Down
$225,000
Posting: 285389 | Available | 2/27/24
For sale is a very prime location with heavy traffic. It is open 6 days a week, Mon-Sat 10.30-9.30 pm. You can open on Sundays for more sales too. You can bring your own items to add up too. The size is around 2,500 sq ft. with a patio. You can convert it to another type of restaurant.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 278763 | Available | 1/31/23
This is a very successful Korean tofu restaurant near Rowland Heights that was established in 1988. They are open 6 days a week so new buyers will have more potential to increase sales if you open 7 days a week. The average monthly sales are $50,000. The lease is new with a rent of $8,600.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
$573,000
Down
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Posting: 279336 | Available | 8/2/23
This is an established Thai Asian fusion restaurant for sale in Vallejo tucked away in the golf course/housing community. Parking is easy to find in the small plazas along with other retail shops, delis, and more. The restaurant has a minimalistic white clean aesthetic and an open-airy feeling.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
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Call/EmailA restaura
Posting: 286128 | Available | 4/15/24
A restaurant is for sale in the industrial and residential area, currently operating as an Indian restaurant. The size of the restaurant is 900 sq ft, and the rent is $3800, including CAM. There is a Type 1 in the kitchen, and it is 10 feet long. The lease term is 2 years, renewable every 2 years.
Asking Price
$150,000
Cash flow
$180,000
Revenue
$895,392
Down
Call/Email
Posting: 284916 | Available | 1/30/24
Situated in a high-traffic plaza, this restaurant holds significant potential, surrounded by renowned eateries and tea cafes that attract a diverse crowd. Originally focused on K-food, the menu has evolved to include new rolls and ramen, expanding our customer base.
Asking Price
$445,000
Cash flow
Call/Email
Revenue
$420,000
Down
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Posting: 284789 | Available | 4/27/24
For sale is a restaurant that is currently operating as a ramen shop. You can take over and run this restaurant as is, or you can run it as any other type of restaurant. There is no alcohol license. Must see this asset sale!
Asking Price
$65,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 284772 | Available | 1/21/24
For sale is a restaurant with beer & wine and a prime location in Towne Center @ Fontana, anchored by many known brand names such as LA Fitness & Costco. This is a great opportunity for restaurateurs to establish their own concept with low set-up costs.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
$55,000
Posting: 284562 | Available | 4/16/24
This Chinese fast-food restaurant is on the market for sale in an "as-is" condition, as an asset sale. The new owner has the flexibility to either retain the existing menu or introduce a completely new concept. The restaurant boasts a prime location.
Asking Price
$55,000
Cash flow
$60,000
Revenue
$60,000
Down
$160,000
Posting: 282883 | Available | 9/15/23
The owner wants to sell this business because they are too busy. It is a Korean restaurant that is SBA loan pre-qualified. The price and down is $160,000 and it is located in Garden Grove, CA.
Asking Price
$160,000
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
$158,000
Revenue
$864,000
Down
Call/Email
Posting: 284897 | Available | 3/11/24
This restaurant is a cornerstone in the Milpitas community, preparing family-style Chinese meals for dine-in or carryout. With over 23 plus years in town, a local favorite located in a shopping center anchored by National and regional retailers. They have ample parking to accommodate customers.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 286490 | Available | 5/8/24
A Korean restaurant asset sale is available, being sold as-is with a beer and wine license. The kitchen is well-maintained and equipped with a walk-in cooler. The establishment spans approximately 1,650 sq ft and has undergone recent renovations.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 285540 | Available | 4/15/24
For sale is a Japanese sushi restaurant located in a great area with outside seating and reserved parking. The seller has multiple restaurants and he lives outside of this area. This is the reason for the sale. Most customers are individuals; many regular customers come from high-tech companies.
Asking Price
$96,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285320 | Available | 2/23/24
For sale is business opportunity for a franchise (hot pot shabu) with the commercial building land in Fullerton. It is very profitable at this corner lot street-front location. There is parking and it is located near major freeways. It has very reasonable leases and landlords.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$500,000
Down
Call/Email
Posting: 285188 | Available | 2/15/24
A Japanese sushi restaurant located in Simi Valley is currently on the market. Boasting 14 seats at the sushi bar and an additional 32 seats in the dining room, it offers ample space for patrons to enjoy their dining experience.
Asking Price
$190,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283512 | Available | 4/25/24
For sale is a cozy and pretty sushi and Japanese restaurant that is located in a very busy area in a rich city. There is a brand grocery store across the street, next to the highway. The restaurant is newly remodeled, so the new owner will not have to do any renovations.
Asking Price
$128,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 274070 | Available | 11/17/22
For sale is a famous Indian restaurant with a banquet hall in a stand-alone building. The banquet hall with a capacity of 250 people can be opened and booked to exploit the great potential of increasing the sale substantially. It is located in a shopping center. It has a liquor license.
Asking Price
$650,000
Cash flow
$108,000
Revenue
$60,000
Down
$169,000
Posting: 282564 | Sold | 10/31/23
For sale is a fully-equipped Japanese restaurant in a shopping center in San Jose. The estimated gross is $50,000/month and the estimated cash flow is $9,000/month. The rent is $4,106/month and the lease goes until 2026 (an extension is negotiable). It is 1,200 sq ft. It is open for 5 days.
Asking Price
$169,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 281679 | Available | 5/7/24
This is a Vietnamese and Chinese bakery for sale in Downtown Monterey Park of Los Angeles County. This store is equipped with all the machines that help to produce all kinds of bread & pastry, there is a walk-in cooler and display cooler & bread display case in the dining space.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
$200,000
Down
$50,000
Posting: 281250 | Available | 5/9/24
This is an asset sale. This is a great location on the ground floor in Plaza Mexico of Lynwood. They have a newly remodeled hall and kitchen with ventless electric hood & fryers. Currently, it serves fusion-style hot dogs, Korean finger/street food menu, boba, etc. Its size is 660 sq. ft.
Asking Price
$50,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 286527 | Available | 5/10/24
This is a teriyaki restaurant for sale! It is located in a great spot, situated in the pad of a high-traffic shopping center. The size of the restaurant is 1,300 square feet. Rent is below $5,000. It is absentee-run.
Asking Price
$230,000
Cash flow
$133,000
Revenue
$918,000
Down
Call/Email
Posting: 284745 | Available | 4/19/24
This Chinese restaurant is an old-fashioned eatery preparing hearty, family-style Chinese meals for dine-in or carryout. Over 33 plus years in town, a local favorite is located in a strip center anchored by major national tenants, and other local retailers. There is ample parking to accommodate.
Asking Price
$280,000
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
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ServingAll Of California
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA 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!
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
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.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
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.
