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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
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Revenue
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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
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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
Call/Email
Revenue
$1,524,622
Down
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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
$64,430
Revenue
$786,684
Down
Call/Email
Posting: 281436 | Available | 3/26/24
This poke franchise specializes in exceptionally great demand for healthy and fresh food. It is located in a high foot traffic area along with a major grocery store, other businesses, parks, and trails. It is absentee run and if the buyer is involved, it may further enhance the business production.
Asking Price
$169,000
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
$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
$93,600
Revenue
$1,080,000
Down
$378,000
Posting: 285272 | Available | 3/26/24
Nestled in the heart of Solano County, CA, this restaurant presents a unique opportunity for culinary entrepreneurs and restaurant investors. Well-established restaurant is renowned for its delectable selection of Korean dishes & Korean-style fried chicken dishes that promise an authentic taste.
Asking Price
$378,000
Cash flow
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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
Down
$200,000
Posting: 284647 | Available | 3/25/24
This is a ready-to-use restaurant with three hoods (10, 6, and 4 feet), a grease trap, and modern kitchen gear. It even has a walk-in cooler and freezer. The sale includes a Type 41 license. But remember: No Indian, Mexican, Taiwanese Tea, Vietnamese, Poke, Yogurt, BBQ, or Chinese food allowed.
Asking Price
$200,000
Cash flow
$118,652
Revenue
$620,210
Down
$229,000
Posting: 281000 | Available | 3/25/24
For sale is an iconic, ethnic, all-you-can-eat, stir fry/grill concept restaurant with full staff, recipes, & recent expansion. If you're interested, this is a great opportunity for an entrepreneur wanting their own space but are facing the build/buy dilemma. Buy this fully built out restaurant.
Asking Price
$229,000
Cash flow
Call/Email
Revenue
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Posting: 275773 | Available | 3/23/24
This contemporary Japanese restaurant is located a very busy and affluent neighborhood commercial center with ample parking and a mix of local and national retail operators. The kitchen is fully equipped with an 11'-0' Type-1 exhaust hood and the dining room has both an elegant and casual feel.
Asking Price
$98,000
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
$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
$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
$340,000
Down
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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
$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
$540,000
Down
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Posting: 284006 | In Escrow | 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
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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
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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
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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
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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
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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
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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
N/A
Revenue
N/A
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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
$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
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Revenue
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Posting: 235165 | Available | 9/15/20
Famous Mandarin Touch Chinese Restaurant and Cocktail lounge for sale. Original owner for 33 years. Best location i trendy Solvang, Ca Beautiful indoor and outdoor dining, seats 160. Building is also for sale with 2 upstair penthouse style apts. 3,000,000 includes business, apts and liquor lic.
Asking Price
$800,000
Cash flow
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Revenue
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$150,000
Posting: 285444 | In Contract | 3/1/24
For sale is a Vietnamese restaurant in strip center of busy Mira Mesa Blvd. Rent is $4,200 plus NNN by 1,100 sf. The lease has 2 years left, but you may sign a new lease with landlord. There's a fully equipped kitchen type 1 hood, unit cooler/freezer. It is a good location for different concepts.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
$69,000
Posting: 286246 | Available | 4/24/24
Seize the opportunity to acquire a prime location in North Orange County, perfect for continuing with the existing Pho Express or launching a new food concept. Situated in a bustling shopping center on a high-traffic street, this 900 sq ft space offers the ideal setting for culinary innovation.
Asking Price
$69,000
Cash flow
$300,000
Revenue
$1,020,000
Down
Call/Email
Posting: 282028 | Available | 8/7/23
If you are seeking a savory, authentic, awesome, and unique Chinese restaurant, this is the place. The entire ambiance is really refreshing, sumptuous, relaxing, and cozy with a small Koi Pond, peaceful music, and great decor.
Asking Price
$420,000
Cash flow
$180,000
Revenue
$850,000
Down
All Cash
Posting: 280767 | Available | 5/16/23
Well established over 18 years Korean Tofu House is located in a very busy shopping center in the Arcadia area. The current owner is ready for his retirement due to his age and health problem.
Asking Price
$399,000
Cash flow
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Posting: 284684 | Available | 5/2/24
This is an absentee-run Thai restaurant for sale in Santa Fe Spring of southeast Los Angeles county. The five major freeways traversing through the Santa Fe Springs Area include Interstate 5, Interstate 105, Interstate 605, State Route 60, and State Route 91. It is a freestanding building.
Asking Price
$180,000
Cash flow
N/A
Revenue
N/A
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Posting: 282130 | Available | 4/9/24
For sale is a Chinese fast restaurant on busy Webster Street with a constant flow of foot traffic. This is one of the busiest areas in Alameda. It is bright and has high ceilings. The big kitchen has a 10' hood with a huge food preparation area. Two storages and an office. 1700sf. Rent is $2906.
Asking Price
$99,000
Cash flow
$144,000
Revenue
$780,000
Down
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Posting: 283742 | Available | 11/8/23
If you are seeking savory and authentic Chinese food in the South Bay, there is no better place than this Chinese food that makes you crave more of their authentic Chinese food in Torrance. All ingredients are fantastic quality and it is always top quality and fresh.
Asking Price
$144,000
Cash flow
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Posting: 286008 | Available | 4/5/24
The Asian restaurant is for an asset sale.It is currently closed for remodeling but can be easily converted to another concept. It is situated in a busy shopping center with high traffic and ample parking. The monthly rent is $6,277 plus $1,632 for NNN. The store size is 1,395 square feet.
Asking Price
$100,000
Cash flow
$60,000
Revenue
$360,000
Down
Call
Posting: 260632 | Available | 10/26/20
Newly built Thai Restaurant for Sale! This business has been in business for only a year now and is doing excellent. Well maintained and highly rated place for Thai food in a large geographic area. This is a perfect opportunity to run your own restaurant without the hassle of building one.
Asking Price
$180,000
Cash flow
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Revenue
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Posting: 280905 | Available | 1/21/24
For sale is a Korean restaurant. It is closed on Mondays and Tuesdays. It's located in a prime location in CA. It is located in a popular, large, famous shopping mall. Business hours are open from 11:30 am - 8 pm (Wed-Sun).
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$720,000
Down
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Posting: 282842 | Available | 5/2/24
This is a 30-year established Chinese fast food restaurant and donut shop for sale in the heart of Mission. It is located in the bustling mission area near Bart station, McDonald's and many Mexican restaurants. This location has long been the richest sector of business by and for Latino families.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$200,000
Down
$50,000
Posting: 281250 | Available | 4/8/24
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
$84,000
Revenue
$564,000
Down
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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
Call/Email
Revenue
$1,668,000
Down
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Posting: 283372 | Available | 10/16/23
This restaurant is a comfortable place for customers to relax and socialize while enjoying the phenomenal, exceptional, amazingly delicious food. This restaurant has an ambiance that makes customers comfortable and pleases them enough to make them want to return to this restaurant
Asking Price
$630,000
Cash flow
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Revenue
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Posting: 284239 | Available | 12/9/23
For sale is a newly remodeled restaurant at an excellent location in San Jose. They do catering and have an established customer base. It is ideal for a Chinese or Vietnamese Menu. This is the perfect location for the restaurant to thrive on a to-go business plan and has ample space.
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
$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
$96,000
Revenue
$600,000
Down
$50
Posting: 286175 | Available | 4/17/24
There is a sushi restaurant in Placentia with low rent, only open 5.5 days a week, closed on Tuesday and open for only half a day on Saturday. The rent is only $1,200 per month, and there is potential to grow this business since the owner only works 3 days a week.
Asking Price
$180,000
Cash flow
$120,000
Revenue
$600,000
Down
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Posting: 276188 | Available | 9/8/22
Asain fusion ramen & roll restaurant. Located in large busy shopping center with lots of foot traffic. Great growth potential with more marketing. Monthly gross sales: $50,000. Monthly rent: $4,800 included nnn. Lease terms: 4+ 5. Store size: 1,400 SF. Seating capacity: 35. Owner works 25 hrs/week.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$630,000
Down
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Posting: 285494 | Available | 4/7/24
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
$1,850,000
Down
$35
Posting: 282194 | Available | 1/30/24
For sale is a 100% absentee-run Japanese sushi restaurant with a hard liquor license. It is in a heavy-traffic area with all freeway access. The average monthly sales are between $150,000-$160,000. They are open from Monday to Thursday for dinner only. Friday-Sunday is open all day.
Asking Price
$450,000
Cash flow
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Revenue
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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
$131,403
Revenue
$871,818
Down
Call/Email
Posting: 286232 | Available | 4/22/24
This restaurant has been in business for over 34 years, with very loyal customer base and steady profit (Except during COVID) This is fully equipped restaurant with A1 hood, grease trap, Wok set line, fryer, walk-in cooler, walk-in freezer and much more.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
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Posting: 282288 | Available | 4/26/24
For sale is a franchise sushi roll business located within a well-known market. It is a simple operation and brings in stable income. The seller has been operating the business for the last 12 years. The buyer shall pay for the franchise transfer fees and training fees from the franchise.
Asking Price
$90,000
Cash flow
Call/Email
Revenue
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Posting: 285754 | Available | 4/27/24
This is a free standing building restaurant for sale with real estate. This restaurant located in the boarder line of Fremont and Newark (very close to Highway 880). The lot size is 1.66 acres and the building is 9,900 sq ft. The building was built in 1986. This is the price for the property + menu.
Asking Price
$7,699,999
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 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
ServingCity Of San Francisco
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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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.
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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.
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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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 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.
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.
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.
