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
$250,000
Revenue
$800,000
Down
Call/Email
Posting: 285230 | Available | 2/17/24
After satisfying customers with great food and friendly service, the owners of this highly successful Thai restaurant are ready to pass on years of goodwill to a well-qualified operator. They have good books & records and a great location ready to go. They have many repeat customers.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$199,999
Posting: 285226 | Available | 2/17/24
Tangible asset sale! Located on a bustling street in Laguna Beach, this property is within walking distance of the beach. This is a turn-key opportunity for a sushi restaurant. The sale includes good conditions of the Furniture, Fixtures, & Equipment (FF&E) and a Type 41 license.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285205 | Available | 2/16/24
This hot pot restaurant is situated in a prime location within a plaza in Daly City. It is conveniently located in a plaza with excellent foot traffic. The restaurant has a steady customer base, stable business, and low rent. It is surrounded by residential areas and nearby shops.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$500,000
Down
Call/Email
Posting: 285188 | Available | 2/15/24
A Japanese sushi restaurant located in Simi Valley is currently on the market. Boasting 14 seats at the sushi bar and an additional 32 seats in the dining room, it offers ample space for patrons to enjoy their dining experience.
Asking Price
$190,000
Cash flow
$250,000
Revenue
$960,000
Down
$288,888
Posting: 285182 | Available | 2/15/24
For sale is a well-established Chinese restaurant in San Ramon, California. The seller claims $250k net. It is an ideal opportunity for someone looking to convert it to a Thai, Vietnamese, Korean, Mexican, or Mediterranean or acquire the current concept of a Chinese restaurant.
Asking Price
$288,888
Cash flow
$180,000
Revenue
$720,000
Down
$350,000
Posting: 285184 | Available | 2/15/24
For sale is a profitable and well-established Korean fried chicken restaurant in a busy strip center in San Diego North County. Rent is $8,800 including NNN by 1,400 sq ft. lease 4y + op. There's a fully equipped kitchen type 1 hood, unit cooler/freezer, and a large grease trap outside the kitchen.
Asking Price
$350,000
Cash flow
$212,280
Revenue
$483,120
Down
Call/Email
Posting: 285168 | Available | 2/14/24
This sushi bar is in a very big market with high foot traffic everyday Franchise headquarters charges a 38% (variable) fee of the gross sales. 38% includes all utility fees (rent, electricity, etc). You don't have to pay any utility fee. It is easy to operate and has stable income. Must see!
Asking Price
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285121 | Available | 2/12/24
It is located in Newark, is a delicatessen specializing in Japanese matcha-themed treats. It boasts a blend of traditional and modern flavors, offering a variety of delectable matcha desserts and beverages. The interior is elegantly designed, creating a cozy and inviting atmosphere.
Asking Price
$128,000
Cash flow
Call/Email
Revenue
$800,000
Down
$170,000
Posting: 275794 | In Escrow | 2/12/24
For sale is a profitable Chinese restaurant in a heavily populated area in South San Diego with high visibility near a major freeway. This restaurant is a single building that has a private parking lot and has been serving San Diego for more than 40 years. The owner plans to retire.
Asking Price
$170,000
Cash flow
$72,000
Revenue
$420,000
Down
Call/Email
Posting: 279123 | Available | 2/12/24
This is a good grill teriyaki restaurant for sale in Los Angeles County. The store is run by a semi-absentee owner. Its gross sales are around $35,000/month, and its size is 1,200 sq. ft. The rent is around $3,600/month, and they are open 6 days a week and closed on Sunday.
Asking Price
$169,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285111 | Available | 2/12/24
This long standing restaurant is in an excellent high traffic location surrounded by all the big name retailers like Target, Home Depot and Costco to name a few. The owner of 18 years has been operating as a Japanese restaurant and has made the difficult decision to retire.
Asking Price
$95,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$130,000
Posting: 281343 | Available | 2/12/24
Price lowered to half, a great deal! For sale is an absentee-run mochi donut shop for sale in Chula Vista, South San Diego. The rent is $6,500 including NNN for 1200 SF. Monthly sales of $50-60k create stable profit. The lease has 8 and a half years left and there are 6 employees (P/T & F/T)
Asking Price
$130,000
Cash flow
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 278162 | Available | 2/10/24
A motivated seller offers this well-established charming one-of-a-kind poke restaurant in Sun Valley. This poke restaurant is by far the best poke in Los Angeles and second, to none the food is amazingly delicious and always top quality and fresh.
Asking Price
$150,000
Cash flow
$150,000
Revenue
$520,000
Down
$140,000
Posting: 276231 | Available | 2/10/24
This is absentee-run Indian restaurant in Hollywood for sale in an excellent location, with spacious direct parkings. Excellent location in Hollywood area. Next to Panda Express. The owner does not cook. It is an easy operation. They do mostly pick up and deliver orders. It is 1,250 sq ft.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 285084 | Available | 2/9/24
This absentee run, Japanese restaurant is now for sale. The restaurant has operated for 20(+) years by one owner and is beloved by the community. There is extensive goodwill that would transfer with this sale to a new owner. This Japanese sushi restaurant is located in a shopping center.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$1,500,000
Down
$30
Posting: 285083 | Available | 2/9/24
This Japanese sushi restaurant is located in a shopping center of Fremont. Great location and 100% absentee run. The owners have other businesses. They don't have enough time to take care of the restaurant. The monthly sales were $100,000~ $120,000 in 2023. The working owner will make more sales.
Asking Price
$445,000
Cash flow
$120,000
Revenue
$998,000
Down
$150,000
Posting: 283781 | Available | 2/8/24
For sale is colorful Japanese restaurant & sushi bar with a liquor license, located in a shopping center. The business was established in 1984. The present owner has been there for 9 years as semi-absentee, and it is help-run. There are 10 part-time and 3 full-time employees. It's open 6 days.
Asking Price
$198,000
Cash flow
$148,000
Revenue
$2,600,000
Down
Call/Email
Posting: 284329 | Available | 2/8/24
For sale is a super Asian grocery store in a nice shopping center in Orange County with a full hot kitchen and a full line of groceries and bulk food items. It is a turnkey business. This Asian market sales are over $2.6M approximately. There is a full kitchen, 20 employees, and a buffet kitchen.
Asking Price
$548,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 246661 | Available | 2/8/24
For sale is an asset sale Taiwanese boba tea, shaved ice, and dessert restaurant. It is well-known to the young crowd and locals. The owner has another business venture that requires his full attention. The store size is 2,237 sq ft. and the rent is $6,800/month. The lease terms are 5+5.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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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
$180,000
Revenue
$1,140,000
Down
Call/Email
Posting: 285021 | Available | 2/6/24
This sushi restaurant It is located in a plaza with a lot of traffic. There are many famous restaurants in the same plaza, such as Taco Bell, Dunkin Donuts, a Thai restaurant, and Jersey Mike's, so there is a lot of floating population. It is currently open only 5 days a week.
Asking Price
$389,000
Cash flow
Call/Email
Revenue
$500,000
Down
$150,000
Posting: 269201 | Available | 2/3/24
This restaurant is known for Omakase kaiseki dining. It is open 6 days a week for dinner only. It is 1,050 sq ft. The lease expiration is on 7/31/2024 and there are 2 employees besides the owners. New lease rate $4/sf + $732 NNN. It has a full kitchen. The center is under renovation for a new look.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284952 | Available | 2/1/24
This bubble tea shop is situated in the picturesque Los Gatos downtown area. The scenery is beautiful, there is a high level of pedestrian activity, and it exudes a highly romantic ambiance. Nearby, there are high schools, elementary schools, and other establishments.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 284322 | Available | 1/31/24
For sale is a popular Asian restaurant as the owner retiring after 30 years of business. They have a strong community presence with loyal customer base. It is 3,000 square feet, delightful, and comfortable interior with seating for 99 inside and 20 seating outside patio. There is a full bar.
Asking Price
$129,000
Cash flow
$100,000
Revenue
$1,000,000
Down
Call/Email
Posting: 284921 | Available | 1/30/24
An enticing opportunity presents itself with this profitable restaurant for sale, boasting a spacious 5,000 sq ft. and strategically located in a prime spot. The semi-absentee run establishment has strong gross sales and currently operated as a Shabu restaurant.
Asking Price
$330,000
Cash flow
$180,000
Revenue
$895,392
Down
Call/Email
Posting: 284916 | Available | 1/30/24
Situated in a high-traffic plaza, this restaurant holds significant potential, surrounded by renowned eateries and tea cafes that attract a diverse crowd. Originally focused on K-food, the menu has evolved to include new rolls and ramen, expanding our customer base.
Asking Price
$445,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 284908 | Available | 1/30/24
An exceptional opportunity awaits with this well-established Japanese sushi restaurant in a prime location emphasis on location, location, location! Boasting a spacious 2,001 sq.ft., this culinary gem is positioned for success. The current monthly sales average an impressive $90,000+.
Asking Price
$399,000
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
$1,000,000
Down
Call/Email
Posting: 280736 | Available | 5/15/23
Brand new built Japanese Ramen restaurant located in a very high demand area on major South Street. The seller has to sell it quickly due to employee shortages and it's an Asset sale. The buyer has to change the DBA without training. Great location!
Asking Price
$249,000
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
$276,000
Revenue
$1,320,000
Down
$280,000
Posting: 278997 | Available | 8/29/23
For sale is a profitable Japanese sushi and roll restaurant in Orange County with a beer license for sale. There can be an SBA loan approved for qualified, experienced buyers. The monthly average sales are $110k and the monthly net income is $23k. It is in a very busy traffic area.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 270486 | In Escrow | 6/28/23
Here's a high-volume sushi restaurant for sale in Forest Hills in San Francisco. This restaurant has a unique menu that's a mixture of traditional Japanese sushi and tapas with many specials that are only served here. It is located in a wonderful, quiet, oasis in the City.
Asking Price
$195,000
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
$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
$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
$540,000
Down
Call/Email
Posting: 283144 | Available | 4/12/24
For sale is a well-established sushi restaurant in the community that has 4.6 stars on Yelp! Currently, the restaurant is open 5.5 days a week with an A La Carte Menu. It is a good size of 1,800 sq ft. with a great rent of $1,800 including NNN and plenty of parking spaces.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278756 | Available | 3/30/24
For sale is an Indian restaurant. The restaurant is located in the shopping center on Clayton Road and is waiting for experienced buyers to bring any menu (except Japanese cuisine). It has a size of 2,500 sq. ft and rent is $7,400/m including CAM.(Rent is lower than market value).
Asking Price
$90,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
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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: 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
$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
$126,000
Revenue
$672,000
Down
$290,000
Posting: 285306 | Available | 4/20/24
Established in 1995, this well-known Chinese restaurant situated on Ventura Blvd in Woodland Hills offers a fantastic opportunity for a full-time owner-operator or owner-chef operator. With a prime location and ample parking in the rear, the restaurant boasts great potential for expansion.
Asking Price
$290,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$199,999
Posting: 285226 | Available | 2/17/24
Tangible asset sale! Located on a bustling street in Laguna Beach, this property is within walking distance of the beach. This is a turn-key opportunity for a sushi restaurant. The sale includes good conditions of the Furniture, Fixtures, & Equipment (FF&E) and a Type 41 license.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 278162 | Available | 2/10/24
A motivated seller offers this well-established charming one-of-a-kind poke restaurant in Sun Valley. This poke restaurant is by far the best poke in Los Angeles and second, to none the food is amazingly delicious and always top quality and fresh.
Asking Price
$150,000
Cash flow
$81,060
Revenue
$360,000
Down
$170,000
Posting: 278920 | Available | 4/9/24
For sale is an established Indian restaurant with a beer & wine license in an affluent Torrance, LA County area, with an excellent reputation. This restaurant is well known for its authentic Indian menu and has a loyal following of patrons who count it among their favorite dining spots.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 284679 | Available | 3/25/24
This is a Chinese restaurant for sale in an office area near Lawrence Expressway. The dining area can seat 40 people and there is also a patio area. No AC/heating system or walk-in cooler. The hood is is 11 feet. Restrooms are in the plaza shared with other tenants. It is 1,250 square feet.
Asking Price
$129,000
Cash flow
$60,000
Revenue
$240,000
Down
$60,000
Posting: 284562 | Available | 4/16/24
This Chinese fast-food restaurant is on the market for sale in an "as-is" condition, as an asset sale. The new owner has the flexibility to either retain the existing menu or introduce a completely new concept. The restaurant boasts a prime location.
Asking Price
$60,000
Cash flow
$250,000
Revenue
$960,000
Down
$288,888
Posting: 285182 | Available | 2/15/24
For sale is a well-established Chinese restaurant in San Ramon, California. The seller claims $250k net. It is an ideal opportunity for someone looking to convert it to a Thai, Vietnamese, Korean, Mexican, or Mediterranean or acquire the current concept of a Chinese restaurant.
Asking Price
$288,888
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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Posting: 281241 | Available | 1/9/24
A rare opportunity awaits in the heart of Sacramento, California! The finest Tofu House in town, renowned for its authentic Korean cuisine, is seeking new ownership. Are you ready to take the helm of this well-established restaurant and make it your own?
Asking Price
Call/Email
Cash flow
$268,296
Revenue
$706,056
Down
Call/Email
Posting: 285978 | Available | 4/4/24
This sushi bar is located in a very large market with significant foot traffic every day. The franchise headquarters charges a 38% variable fee on gross sales, which includes all utilities fees such as rent and electricity. You do not have to pay any utilities fees. Easy operation and stable income.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284850 | Available | 1/24/24
This is a popular boba cafe franchise for sale - serving uniquely flavored boba tea and Japanese-inspired mochi donuts. This location was founded in 2022 and has quickly become a local favorite, known for its fresh, premium ingredients and innovative flavors.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 284908 | Available | 1/30/24
An exceptional opportunity awaits with this well-established Japanese sushi restaurant in a prime location emphasis on location, location, location! Boasting a spacious 2,001 sq.ft., this culinary gem is positioned for success. The current monthly sales average an impressive $90,000+.
Asking Price
$399,000
Cash flow
$144,000
Revenue
$780,000
Down
Call/Email
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
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
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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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.
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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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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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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
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
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.
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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!
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.
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.
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
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.
