Cash flow
$305,492
Revenue
$1,761,352
Down
$392,000
Posting: 285738 | In Contract | 3/20/24
This is a historical and profitable Japanese restaurant in Irvine that has been owned by the same Japanese owner since 2001. They offer authentic Japanese food such as Japanese noodles, bowls, traditional appetizers, and more. Since Covid, they have been operating takeout only.
Asking Price
$392,000
Cash flow
Call/Email
Revenue
$420,000
Down
$118,000
Posting: 285716 | Available | 3/19/24
This is a 6 day open Asian noodle shop in Alhambra for sale. It has very busy traffic & is a crowded client location. This would be a good space for Japanese ramen. The store size is 1,250 sf. It is located next to Wendy's & Lee's Sandwiches. It was recently remodeled and now has new interior.
Asking Price
$118,000
Cash flow
$180,000
Revenue
$840,000
Down
$190,000
Posting: 272660 | Available | 3/18/24
For sale is a semi-absentee-run izakaya restaurant with a beer & wine license near Irvine. Open 6 days a week. The daily sales are about $2,500 (Friday sales: $4,000). Store size is 1,700 sq ft. with a 13-year lease left. There is a spacious kitchen. Located houses & high-density population areas.
Asking Price
$398,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274508 | Available | 3/17/24
Asian fusion restaurant for sale in upscale Oakland neighborhood. Located in the neighborhood is a residential and commercial district in the North Oakland region of Oakland, California. This commercial street is known for dining and retail. The neighborhood roughly bounded by Temescal and Broad.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
Call/Email
Posting: 276769 | Available | 3/17/24
For sale is a high-volume Taiwanese comfort food restaurant in Sunnyvale with ample parking. They are known for their Taiwanese bento boxes to go. They also serve a variety of boba tea drinks along with popcorn chicken. They have great reviews on yelp. It is approximately 1,450 sq ft with 27 seats.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275312 | Available | 3/17/24
Established Japanese restaurant for sale in San Francisco's Glen Park neighborhood. A hidden gem sushi joint close to the Glen Park BART station, cafe, and restaurants. The place has a real neighborhood vibe and parking is free after 6 pm. Approximately 1,000 sq ft with 48 seating capacity.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278993 | Available | 3/17/24
This is an established Asian restaurant for sale in Santa Cruz County. This is a cute little restaurant tucked away in the shopping center. One of the best Chinese restaurants in Santa Cruz County. This spot has a secluded patio with outdoor tables that are spaced apart.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call / Email
Down
Call/Email
Posting: 267875 | Available | 3/17/24
For sale is a branded banh mi shop in the San Francisco Saigon district. They serve sandwiches, baked goods, Vietnamese desserts, coffee/baguettes, and other Asian delights. The shop is part of the Tenderloin district. Little Saigon includes a 2-block stretch of Larkin Street packed with Vietnamese.
Asking Price
$80,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 273152 | Available | 3/17/24
This hidden gem in El Segundo is located in a very nice complex. Two businesses for sale in one address. They serve specialty doughnuts and Korean-style corn dogs, and boba tea. Adjacent to the mochi donuts is the Vietnamese restaurant serving pho and other delicious menu items.
Asking Price
$168,000
Cash flow
$200,000
Revenue
$700,000
Down
Call/Email
Posting: 280956 | Available | 3/17/24
This is a large Asian restaurant for sale in Natomas of Sacramento County. It is located near two major freeways, the Sacramento International Airport, Walmart, In n Out Burger, and Downtown making this area a prime location for visitors and locals.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282841 | Available | 3/17/24
This is an Asian-inspired dessert shop for sale in Sacramento county. They serve drinks and snacks including authentic Vietnamese Che and coffees, boba milk teas, Pandan waffles and real fruit smoothies. It is located near INTEL, high school, Starbucks and other retailers. Sales are $20,000/month.
Asking Price
$200,000
Cash flow
Call / Email
Revenue
$340,000
Down
Call/Email
Posting: 284139 | Available | 3/17/24
This is a boba tea and snack + pho restaurant for sale in Rocklin shopping plaza shared with Safeway supermarket. The store has an inviting environment and that open-airy feeling. The room is brightly lit and basked in sunlight. The decor is cute but not overdone. It is approximately 1,200 sq ft.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$1,300,000
Down
Call/Email
Posting: 283743 | Available | 3/17/24
For sale is a super high-volume Asian restaurant for sale in Larkspur main street. It is a hidden gem with a lovely pleasant outdoor patio in the back with decorative lights and a lemon tree. The ambiance is nice and tucked away from a casual neighborhood spot. It is in Marin County.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285063 | Available | 3/17/24
A East Asian restaurant for sale in central area of Sunnyvale. It has ample parking. It is close to many high tech companies and populated residential. A nice designed dining area. A fully equipped kitchen with a 13.5' hood, walkin cooler, freezers, coolers, stovetops, fryer, oven, and more. 1569sf.
Asking Price
$200,000
Cash flow
$177,000
Revenue
$995,000
Down
Call/Email
Posting: 283774 | Available | 3/15/24
Here is your opportunity to own and operate a well-established Chinese restaurant that has been delighting customers with its authentic flavors for years. Located in a prime location with ample parking, it has a strong customer base and a strong reputation for providing quality food and service.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283994 | Available | 3/13/24
This is a branded poke shop for sale in a San Jose food court inside a major shopping center with plenty of parking. Starbucks is nearby along with other franchise restaurants and major retailers. They are known for how well food is prepared and with a variety of toppings displayed in a cold bar.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 284006 | Available | 3/13/24
This is a family-owned Asian restaurant for sale in Downtown Vallejo. They do take-out only plus Doordash and Grubhub delivery apps to provide additional income for this restaurant. It has been established for many years in the Vallejo community. It is owner-operated with one staff.
Asking Price
$168,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283860 | Available | 3/13/24
This is an absentee-run Asian comfort food restaurant for sale in Old Oakland. Their signature menu items are either chicken katsu or chicken, rice, and veggies. It is located near a Ratto's and Swan's Market in Old Oakland and not far from the Downtown Marriott hotel. It is only open 3 hours a day.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
$700,000
Down
Call/Email
Posting: 276967 | Available | 3/13/24
For sale is a family-owned Japanese restaurant for sale in the unique Morgan Hill community. Established in 2002, they specialize in custom rolls that you can't find anywhere else. They also have a wide variety of items for people who don't eat raw fish. The outdoor dining is very romantic.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 279437 | Available | 3/13/24
This is a family-owned sushi restaurant for sale in San Francisco Polk Street. This small little hole-in-the-wall restaurant is nestled among several dining options on Polk Street. This central commercial strip, featuring mom and pop shops, all kinds of restaurants, bars, and cafes
Asking Price
$168,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 284686 | Available | 3/13/24
This is an absentee-run Japanese alley-style food restaurant for sale near UC Berkeley. It is located half a block on the main street next to campus. This is a small sushi bar/ramen spot and they also have boba drinks. The parking is paid street parking with a garage nearby.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275083 | Available | 3/13/24
This is a family-owned Thai restaurant for sale in the Fairfield shopping plaza. This Thai spot is a gem in the local community. The place is tucked right behind McDonald's, hidden away in the corner of the shopping center like a little hidden gem. The seller is retiring and looking to sell.
Asking Price
$110,000
Cash flow
Call/Email
Revenue
$98,000
Down
Call/Email
Posting: 282306 | Available | 3/13/24
This is a family-owned banh mi shop for sale in downtown Stockton. It is a new addition to downtown Stockton, so this lunch spot is as authentic as it is fresh. Enjoy sandwiches, spring rolls, rice plates, vermicelli, smoothies, and specialty Vietnamese drinks. There is no hood or grease trap.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274035 | Available | 3/12/24
This Chinese fusion restaurant is ideally located in the Piedmont neighborhood. It is a casual eatery with a glass-covered patio turning out delicious Chinese fare. The Piedmont Avenue neighborhood is a residential and commercial district in North Oakland, popular for dining and retail.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285615 | Available | 3/12/24
Bring your own concept to a downtown Livermore space that has a modern vibe and Asian twist. They have two square tables that seat eight people flank the entrance - the Octables! The menu is unique & contains unfamiliar items which was very exciting.
Asking Price
$250,000
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
$660,000
Down
All Cash
Posting: 280721 | Available | 3/11/24
This is a popular Filipino restaurant offering fast-food-style traditional Filipino dishes. It has been established under the same ownership since 2008. The restaurant is known for its flavorful, authentic dishes and friendly and attentive service. It is located in an extremely busy retail center.
Asking Price
$99,000
Cash flow
$90,000
Revenue
$375,000
Down
Call/Email
Posting: 285599 | Available | 3/11/24
For sale is a fantastic opportunity for a long-time successful sushi restaurant! It has been 27 years in business with a very well-known and established name. They have great reviews and ratings with a large customer following. It is a super location with a permitted parklet.
Asking Price
$100,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 4/19/24
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
$381,451
Down
Call / Email
Posting: 279413 | Available | 2/28/23
Central Valley of California, is a golden opportunity, for a hands-on owner-operator or a seasoned Restaurant Group to take this business to the next level, with an instant return on investment by implementing modern technology and operations.
Asking Price
$375,000
Cash flow
$332,174
Revenue
$1,812,789
Down
$600,000
Posting: 281016 | Available | 6/2/23
Are you looking for an existing profitable business to buy? Do you want a business in a prime location? Are you ready to run a successful sushi business? Did you know sushi restaurants are one of the best businesses to own? Many sushi restaurant owners have experienced great success!
Asking Price
$600,000
Cash flow
$180,000
Revenue
$528,000
Down
$400,000
Posting: 286123 | Available | 4/14/24
A well-established Korean-style teriyaki restaurant is located in Riverside's newer area, boasting 13 years of ownership under the same proprietor. With a low food cost of only 24%, it offers high margins and is professionally set up akin to a franchise.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
$550,000
Down
Call/Email
Posting: 273277 | Available | 3/20/24
For sale is a well-established sushi restaurant in the affluent and dynamic beach community of Hermosa Beach. It has a great rent of $5,500 including NNN for 1,100+ sq ft. with plenty of parking spaces in the lot. its current monthly sale is $45,000 open for dinner only due to the employee shortage.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 268159 | Available | 1/18/24
This is a family-owned Vietnamese restaurant for sale in outer Richmond of San Francisco. It is located in a Clement Street neighborhood close to movie theaters, cafes, and restaurants. It is minutes from Golden Gate Bridge and Baker Beach. The lease is $4200. The gross income a month is $27,000.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$75,000
Posting: 284511 | Available | 4/8/24
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
$180,000
Revenue
$576,000
Down
$90,000
Posting: 277471 | Available | 3/29/23
This franchise sushi bar is inside a marine base of the Yucca valley area. There is no rent or utility. The buyer needs approval from the franchisor so they charge a franchise fee. $4,500 for 5 years and the 2-week training fee is $1,500 and given to 64% of the monthly receipts every 4 weeks.
Asking Price
$90,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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
$80,000
Revenue
$250,000
Down
$149,000
Posting: 285267 | Available | 2/20/24
For sale is a great opportunity to start a restaurant business (potentially Asian food). It is in a busy area with a fully equipped kitchen (walk-in freezer and refrigerator, large size burner for wok, and 10+ foot hood).
Asking Price
$149,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284695 | Available | 4/3/24
This is an Asian restaurant. This restaurant is in the shopping center near Highway 4. Walmart is the anchor tenant. The size of the restaurant is 1,440 sq ft. and rent is $4,000 including CAM water and garbage. There's a 9 foot long hood (type 1). Bring your menu.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
$791,799
Down
Call/Email
Posting: 283473 | Available | 1/20/24
This traditional, family-run, Japanese restaurant is now for sale. The restaurant has operated for decades and is beloved and supported by the community. There is extensive goodwill that would transfer with this sale to a new owner. The building is located in a busy Eastbay community growing fast.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
$6,000,000
Down
$25
Posting: 276422 | Available | 3/4/23
This is a well-established, high-volume seafood & Asian fusion restaurant for sale located in a very busy shopping center in San Fernando, Los Angeles County, CA. It is a 100% absentee-run business with so much potential to increase the current sales volume. The annual sales are over $6,000,000.
Asking Price
$2,200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285042 | Available | 2/7/24
An East Asian restaurant for sale is in a great location. It has easy access to the freeway, with ample parking. They have a beer and wine license and a spacious dining area. There are two ADA restrooms. It can be converted. It is 3,000 square feet. Rent is $8,600+$2,500 (garbage & NNN).
Asking Price
$350,000
Cash flow
$139,520
Revenue
$564,000
Down
$195,000
Posting: 274621 | Available | 4/16/24
For sale is a sushi and roll restaurant with a high net and volume. It is busy with takeouts! The average monthly sales are $49,000. The monthly rent is $4,400. The rent is reasonable as it is in a nice neighborhood. The lease terms are 2+4. The store size is 1,000 sq. ft.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call
Down
Call/Email
Posting: 285242 | Available | 4/19/24
For sale is a famous restaurant located on the main street in Marina Del Rey. Its size is about 1,270 sq. ft with a spacious patio. Its rent is about $10,800 including NNN. It has a beer/wine license. The buyer can convert it into sushi, ramen, or Thai.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 285594 | Available | 3/10/24
This is an established, family-owned Vietnamese restaurant for sale in the San Francisco Financial District. The San Francisco Financial District is where you will find offices for some of our largest businesses such as corporate headquarters, law firms, insurance companies, real estate firms, etc.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$295,000
Posting: 284306 | In Escrow | 3/23/24
This legendary Japanese restaurant is one of the oldest continuously operating Japanese restaurants in California. Its sales have significantly increased since being featured on various social media platforms. The seller is willing to provide support after the completion of the training term.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286010 | Available | 4/5/24
Japanese restaurant with Beer & Wine license in Torrance for Asset Sale. Price: $450,000 Size: 2,600sf plus 400sf patio. Seating: 48+ inside & 18+ outside Rent: $10,557 included NNN/mo. Lease: 3 years plus 5 years option or new long term Lease License: Beer & Wine 2 Kitchen hoods & grease trap
Asking Price
$450,000
Cash flow
$276,000
Revenue
$840,000
Down
Call/Email
Posting: 275156 | Available | 2/25/24
This restaurant has very big potential as it is located in a high foot traffic area and they are very busy. This restaurant is not an all-you-can-eat. So the profit margin is good. This restaurant's menu is very simple. It is easy to operate, so you don't need many employees.
Asking Price
$270,000
Cash flow
$132,000
Revenue
$1,020,000
Down
$485,000
Posting: 286137 | Available | 4/15/24
For sale is a renowned sushi restaurant located in Los Angeles County. This establishment features a beer and wine license and an inviting enclosed patio with seating for approximately 16 guests. It is situated in a bustling shopping center that enjoys a diverse mix of retail businesses.
Asking Price
$485,000
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
Down
$150,000
Posting: 285398 | Available | 3/1/24
For an asset sale is a great and well-established Asian/Chinese restaurant on South St. in Cerritos. Its size is about 2,100 sq ft, Rent is $12,545 including NNN. It is a newly remodeled, well-maintained restaurant. It has a full kitchen and two restrooms.
Asking Price
$150,000
Cash flow
$55,000
Revenue
$320,000
Down
Call/Email
Posting: 285536 | Available | 4/10/24
ADing Tea is a popular franchise specializing in boba tea, (assets sale)Originating from Taiwan, the birthplace of bubble tea, Currently, the owner is not renewing the franchise. So buyers can renew the Ding Tea Franchise, or become other franchises like Feng Cha Boba or independent.
Asking Price
$60,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 280058 | Available | 11/30/23
The restaurant has been operating for more than 20 years in the plaza and specializes in Chinese cuisine. It typically features a dining area for customers to sit and enjoy their meals, as well as a kitchen where chefs prepare Chinee dishes using traditional cooking techniques and ingredients.
Asking Price
$280,000
Cash flow
$300,000
Revenue
$1,140,000
Down
$300,000
Posting: 281113 | Available | 6/8/23
Open 6 days Mon-Sat 11.00 am-8.30 pm. The seller has operated for 19 years now. SBA loan is possible for qualified buyers. very prime location and heavy traffic, plenty of parking space. Easy operating and seller provide complete training.
Asking Price
$615,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 285243 | Available | 2/18/24
This is a sushi restaurant with great potential located in a busy area. The restaurant has an alcohol license. This is an asset sale. They are open every day with differing hours.
Asking Price
$380,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281310 | Available | 6/21/23
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
$66,000
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
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.
ServingNationwide - All Areas
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
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
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
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
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
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.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
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.
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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small 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!
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.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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.
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.
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.
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 - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
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.
