Cash flow
$300,000
Revenue
$1,440,000
Down
$360,000
Posting: 285996 | Available | 4/5/24
For sale is a high net profit, absentee-run Thai restaurant near Hollywood, Los Feliz. The annual sales are approximately more than $1.4M. Dinner only with a BW license. The store size: 1,700 sq. ft. It has an excellent reputation for live music. SBA loans are possible for qualified buyers.
Asking Price
$885,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285018 | Available | 4/5/24
For sale is a hot pot restaurant that has lower than market rent. This restaurant has been there for 10 years with loyal customers. The size of the restaurant is 5,000 sq ft. and rent is $7,800. Last year's sales were around $1,200,000. Currently, the owner works a couple of days for a few hours
Asking Price
$349,999
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 284710 | Available | 4/5/24
This is an Asian cafe for sale. This cafe is located in busy Chinatown. The size of the cafe is 1,500 sq ft. and rent is $6,600. There's a fully equipped kitchen with 14 feet hood and walk-in cooler. Bring your menu. This is an asset sale since then no financial information will be available.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 260547 | Available | 4/5/24
Price Lowered! This is a neat Japanese restaurant for sale located in the shopping center around the newer building area. (This shopping center has different types of food and looks like a food alley). The size is 2,200 sq. ft and rent is $10,000, including water and garbage.
Asking Price
$379,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284773 | Available | 4/4/24
This is a well-established, high-income Japanese restaurant with low rent for sale. It is located in a high-traffic shopping center with residential & commercial retail areas. It is a single-story building with beautiful patio seats. The sale includes all the excellent equipment conditions.
Asking Price
$699,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 285987 | Available | 4/4/24
A profitable Japanese restaurant is located in a busy shopping center with a constant flow of foot traffic. It has been an established restaurant known for its great food and has built a loyal clientele over time. The restaurant holds a 41 beer and wine license and features many amenities.
Asking Price
$580,000
Cash flow
$84,000
Revenue
$564,000
Down
Call/Email
Posting: 271951 | Available | 4/4/24
For sale is an absentee-run, well-established Waba Grill in Los Angeles County, CA. It is located in a very busy area. It is a well-maintained store and has good equipment with reasonable rent. The seller has another business and he could not focus on this business. There is potential to grow.
Asking Price
$359,000
Cash flow
$164,400
Revenue
$865,000
Down
Call/Email
Posting: 280096 | Available | 4/4/24
For sale is a sushi restaurant close to the I5 Freeway in South Orange County, CA. It is very visible from the road and is within walking distance of the beach. It has crowded military and tourist crowds on weekends. There is potential to increase business with owner-chef. The partnership split.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285321 | Available | 4/4/24
This is a Japanese sushi restaurant for sale in a great location--18 street. It is only two blocks away from Castro St., a nice neighborhood with a constant flow of foot traffic. There is a cozy dining area with a sushi bar. It is 1,200 square feet. The rent is $3,000 including NNN.
Asking Price
$238,000
Cash flow
Call/Email
Revenue
$840,000
Down
$80,000
Posting: 282985 | Available | 4/4/24
For sale is a well-established sushi restaurant in the community that's been around for a long time. Currently, the restaurant's monthly sale is about $77,000 with an a la carte menu. Its a good size of 1,600+ sq. ft with a great rent of $7,650 including NNN. It has a beer and wine license.
Asking Price
$185,000
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
$240,000
Revenue
$1,200,000
Down
$130,000
Posting: 281800 | Available | 4/4/24
For sale is a casual Japanese sushi restaurant in the affluent community. It has just been well-established and famous in the community shopping center with other national restaurants. The current monthly sale is about $100,000 with short business days. Its rent is about $9,150 including NNN.
Asking Price
$400,000
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
Call/Email
Down
Call/Email
Posting: 282743 | Available | 4/3/24
This is a freestanding building of a Korean restaurant for sale. Rent is $5,800 (no CAM = just rent). There's a 2-year + 5-option lease remaining. The size of the restaurant is 2,800 sq. ft. There's a 10.5-foot type 1 hood in the kitchen. There are 20 parking spots in the parking lot.
Asking Price
$329,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284885 | Available | 4/3/24
This is an Asian restaurant for sale in Lower Nob hill area in San Francisco. Rent is $10,600 and with 3 years + 4 options is remaining. The size of the restaurant is 2,395 sq ft. There's a 16 feet long hood in the basement with walk-in and woks and more. The next owner can keep or change the menu.
Asking Price
$249,999
Cash flow
Call/Email
Revenue
$1,647,000
Down
Call/Email
Posting: 285961 | Available | 4/3/24
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
Down
$150,000
Posting: 285958 | Available | 4/2/24
For an asset sale is a great casual restaurant location on Lincoln Blvd for a high-end Japanese menu. It is 1,270 sq ft. with a patio. Rent is $12,000 including NNN. There is a beer/wine License. The buyer can convert it into other restaurants with the landlord's approval.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284624 | Available | 4/2/24
For sale is an opportunity to own a restaurant with a complete market setup. The present owner is only utilizing the restaurant side of this property but there is a ton of potential to grow business by utilizing the fully equipped grocery store. The combined business space is 2,700 sq ft....
Asking Price
$1,399,000
Cash flow
Call/Email
Revenue
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Posting: 285941 | Available | 4/2/24
Virgil Village is just South of Los Feliz and West of Silver Lake. You will find the sweet little pocket of Virgil Village. There is customer parking behind the restaurant. It is located at Santa Monica Blvd and Virgil Ave. on a very busy corner. It is 300 sq ft. The restaurant comes with 4' hood.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 285934 | Available | 4/1/24
This is a restaurant that was remodeled and opened, so everything is new. The kitchen is equipped with all kitchen facilities, including a walking cooler, freezer, and hood. You can run this restaurant (Korean restaurant) as is, or you can change it to another restaurant and run it.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
$700,000
Down
Call/Email
Posting: 285924 | Available | 4/1/24
This is a Chinese restaurant for an asset sale. This restaurant is located in the big center. The size of the restaurant is 3,300 sq ft. and rent is $11,000 including water and garbage. There's a fully equipped kitchen with 20 feet hood and walk-in cooler and walk-in freezer.
Asking Price
$299,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284967 | Available | 4/1/24
For sale is a fully-functional, long time established Thai restaurant with great clientele and location in Lancaster. It currently holds a beer and wine license. The location offers approximately 3,200 sq ft of space. The rent is 10k per month and landlord is willing to start a new lease.
Asking Price
$165,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283341 | Available | 4/1/24
This is a Japanese Izakaya restaurant for sale. This restaurant is very clean and well-maintained. The rent is $2,500 and the size of the restaurant is 1,400 sq ft. There's a full kitchen with a walk-in cooler and a 14 ft hood. The kitchen is big, which is good for catering events/opportunities.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
$1,524,622
Down
Call/Email
Posting: 279756 | Available | 4/1/24
This classically designed, well-established Japanese restaurant is located in a highly visible business park with easy access to just about everything. The interior finishes of wood, slate, and stone transport you to a classic Japanese village. There is a Type 41 beer and wine license.
Asking Price
$200,000
Cash flow
$168,000
Revenue
$607,768
Down
$135,000
Posting: 285173 | Available | 3/30/24
For sale is a poke restaurant next to about 6,000 units of apartments & Glendale downtown office buildings. New apartments are coming just 1 minute away from walking distance. It is a super excellent location with a good reputation on Yelp. The owner works 4 hours a day.
Asking Price
$349,000
Cash flow
$93,000
Revenue
$520,000
Down
$350,000
Posting: 284801 | Available | 3/29/24
Situated in a bustling shopping center with exceptional visibility from the 10 Freeway, this thriving boba tea shop is an excellent business opportunity. Currently managed by an absentee owner, the shop boasts a fully equipped kitchen featuring a 10-foot hood, ideal for a range of offerings.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$300,000
Down
$64,000
Posting: 285884 | Available | 3/28/24
For sale is a Japanese sushi roll and teriyaki restaurant in city of Orange. It is located near mixed houses and commercial buildings. The store size is 1,050 sf. Rent is $3,420 with CAM charges. The reason for selling is that the seller to move other states soon. Open 6 days a week. WALK IN COLLER
Asking Price
$64,000
Cash flow
$300,000
Revenue
$1,523,000
Down
$200,000
Posting: 285875 | Available | 3/28/24
This is such a successful Japanese restaurant in the town of Gilroy with a gross sales volume of over $1.5 mil. It has been 25 years in the same location. It is 2,529 sq ft. and rent is about $7,800 all inclusive per month. Their 10 year lease just renewed with one 10 year option to renew.
Asking Price
$690,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 5/1/24
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
Call/Email
Down
$320,000
Posting: 285860 | Available | 3/26/24
Tangible Asset Sale! This establishment marks its first appearance on the market in 48 years, offering a rare opportunity in Little Tokyo's prime location. The prospective new lease comes with the possibility of a reasonable base rent compared to the prevailing market rates in the area.
Asking Price
$320,000
Cash flow
Call/Email
Revenue
$1,524,622
Down
Call/Email
Posting: 279756 | Available | 4/1/24
This classically designed, well-established Japanese restaurant is located in a highly visible business park with easy access to just about everything. The interior finishes of wood, slate, and stone transport you to a classic Japanese village. There is a Type 41 beer and wine license.
Asking Price
$200,000
Cash flow
$420,000
Revenue
$1,400,000
Down
Call/Email
Posting: 284796 | Available | 1/23/24
This is the best Thai restaurant located in Coastal Los Angeles. Established 25 years ago, this 2,500 sq ft restaurant with an additional 1,000 outdoor patio is located just two blocks from the beach. It has a fully equipped kitchen with restaurant seating for 75 indoors and a further 40 on the pati
Asking Price
$450,000
Cash flow
$144,000
Revenue
$360,000
Down
Call/Email
Posting: 282565 | In Escrow | 9/3/23
For sale is a Korean restaurant with big potential that is located in the center of Morgan Hill. There is a full kitchen with a walk-in freezer, grill and fryer. It was established in 2013 with 2 full-time owners. Employees are N/A. There is an ABC beer/wine license. There are 50 seats.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 281155 | Available | 6/15/23
Well-established Korean restaurant/catering. Located in Fullerton, Orange County, California. The seller wants to retire. 4 years with the current owner. 900 SF, $2400 Rent.
Asking Price
$150,000
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
Call/Email
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Call/Email
Posting: 285321 | Available | 4/4/24
This is a Japanese sushi restaurant for sale in a great location--18 street. It is only two blocks away from Castro St., a nice neighborhood with a constant flow of foot traffic. There is a cozy dining area with a sushi bar. It is 1,200 square feet. The rent is $3,000 including NNN.
Asking Price
$238,000
Cash flow
$120,000
Revenue
$760,000
Down
$140,000
Posting: 269809 | Available | 8/29/23
For sale is a Thai restaurant with beer and wine license. This is a good space for a Vietnamese pho restaurant as there is an exclusive lease contract for a pho restaurant in the mall. It is open 6 days a week. They have a 13-year-old history. The store size is 1,600 sq ft. Good rent condition.
Asking Price
$270,000
Cash flow
$180,000
Revenue
$750,000
Down
$290,000
Posting: 285854 | Available | 3/26/24
Located in the bustling heart of a vibrant Hispanic neighborhood within L.A. County, this fast-casual restaurant is a gem in a busy shopping center, anchored by a significant tenant. Renowned for its fusion of Japanese and Korean cuisine, the restaurant has cemented its place as a local favorite.
Asking Price
$290,000
Cash flow
Call/Email
Revenue
$550,000
Down
$100,000
Posting: 281143 | Available | 4/15/24
For sale is a well-established Japanese sushi restaurant that's been in the community for a long time. The community is still growing year by year with new house track construction for the middle class. Currently, the restaurant is open 6 days/wk with an a la carte menu. It has a beer/wine license.
Asking Price
$195,000
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
$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
$300,000
Revenue
$840,000
Down
Call/Email
Posting: 277833 | Available | 5/2/24
This is a 5-star Asian-inspired restaurant for sale in the Mission District off Valencia street. It was recently listed #14 on Yelp's top 100 restaurants to eat. The place is unassuming but the food is the bomb. It is located just blocks from Dolores Park and the popular Dolores Park Church.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$400,538
Down
$69,000
Posting: 284655 | Available | 4/11/24
For sale is a South Orange County Asian BBQ grill restaurant with great food & 5-star reviews. The restaurant is located in a shopping center anchored by a movie theater and surrounded by a lot of offices & businesses with great daytime employees and residential neighborhoods.
Asking Price
$69,000
Cash flow
$108,000
Revenue
$660,000
Down
$210,000
Posting: 255809 | Available | 3/12/21
Chinese Fast Food in Riverside near by UCR. Excellent location. Established Long Years. Steady Income. Close to the 91 and 60 Fwy.
Asking Price
$210,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285941 | Available | 4/2/24
Virgil Village is just South of Los Feliz and West of Silver Lake. You will find the sweet little pocket of Virgil Village. There is customer parking behind the restaurant. It is located at Santa Monica Blvd and Virgil Ave. on a very busy corner. It is 300 sq ft. The restaurant comes with 4' hood.
Asking Price
$100,000
Cash flow
$60,000
Revenue
$1,000,000
Down
$100,000
Posting: 273400 | Available | 3/3/23
This gourmet Chinese restaurant in Riverside County is part of a group of restaurants owned and operated by the original owner and founder. They are famous for their high-quality and delectable cuisine served in an elegant environment. They have a full bar and food delivery is large part of service.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286032 | Available | 4/8/24
For sale is a hidden gem in the San Francisco Excelsior district near Safeway. It is a cozy sushi spot with fresh sashimi, diverse rolls, and a Japanese ambiance. The decor is nice, modern, and clean. There is a sushi bar inside to your left. The owner puts lots of care into making sushi.
Asking Price
$230,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282767 | Available | 3/11/24
This is in a great location (large shopping center with foot traffic) and it is almost 5,000 sq. ft. Currently, it serves Teppan and Japanese food. It can be converted into a different type of food restaurant or used as a barbeque place if you want.
Asking Price
$150,000
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
Call/Email
Revenue
$960,000
Down
$130,000
Posting: 280280 | Available | 4/25/24
For sale is a great and well-established sushi restaurant in the affluent and still-growing community of Thousand Oaks. It has a great rent of $4,950 including NNN for 1,200 sq ft with a spacious outside patio. its current monthly sale is $80,000 with Sundays closed.
Asking Price
$395,000
Cash flow
Call / Email
Revenue
$1,440,000
Down
Call / Email
Posting: 269260 | Available | 11/7/21
Japanese style To Go only restaurant for sale in Chino Hills, San Bernardino County, CA. Over $120,000 sales per month. 100% absentee run business. Asking for $950,000.
Asking Price
$950,000
Cash flow
Call/Email
Revenue
$450,000
Down
$135,000
Posting: 284513 | Available | 4/8/24
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: 286230 | Available | 4/22/24
For sale is Katsu Bar Restaurant, fully built out with a fridge and cooler. This is a fantastic opportunity to buy a well-established restaurant across the street from Cerritos mall. The store is located next to Starbucks and other popular brands. It has excellent revenue and profit for a new owner.
Asking Price
$195,000
Cash flow
$25,378
Revenue
$316,239
Down
Cash Only
Posting: 280618 | Available | 9/5/23
For sale is a great location in downtown Long Beach with a good amount of foot traffic. It is only open Mon-Fri from 10:30am-5pm. They have reasonable rent at $3,762/month. It is close to the police department and the courthouse. This has great potential for an owner-operator.
Asking Price
$79,000
Cash flow
$240,000
Revenue
$900,000
Down
$120,000
Posting: 281611 | Available | 4/11/24
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
$1,700,000
Down
Call/Email
Posting: 286334 | Available | 4/30/24
This high-end restaurant, located in a prime location within a very high-traffic shopping center, has been situated in the same spot for 20 years. The present owner has successfully operated it for 7 years.
Asking Price
$750,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
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
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
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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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.
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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.
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.
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.
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!
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.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The 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.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
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.
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.
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.
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.
