Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
Posting: 285042 | Available | 2/7/24
An East Asian restaurant for sale is in a great location. It has easy access to the freeway, with ample parking. They have a beer and wine license and a spacious dining area. There are two ADA restrooms. It can be converted. It is 3,000 square feet. Rent is $8,600+$2,500 (garbage & NNN).
Asking Price
$350,000
Cash flow
$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
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
$100,000
Revenue
$1,080,000
Down
Call/Email
Posting: 283787 | Available | 1/30/24
For sale is a Korean BBQ restaurant that is 100% absentee-run. The size is 2,000 sq ft. for a rent of $7,718 per month including water and trash. The lease has 3 years left with a CPI yearly increase. There are 15 hoods. The gross is $90K per month and the net is $9-10K per month.
Asking Price
$300,000
Cash flow
$190,000
Revenue
$760,000
Down
Call/Email
Posting: 276990 | Available | 1/30/24
For sale is an Asian fusion & boba drink shop. There has been one owner with 15 years who wants to retire. The gross is $64,000 per month, rent is $5,800 per month, payroll is $15,000 per month, and net income is $16,000 per month. There are 1 full-time and 7 part-time employees and 1 owner.
Asking Price
$200,000
Cash flow
$72,000
Revenue
$180,000
Down
Call/Email
Posting: 284109 | Available | 1/29/24
This sushi bar in very big market. There is high foot traffic everyday. Franchise headquarters charges a 38% fee of gross sales. 38% includes all utilities fee(rent, elect fee etc). You don't have to pay any utility fee. If the new owner has experience, it is better.
Asking Price
$25,000
Cash flow
$30,000
Revenue
$400,000
Down
$75,000
Posting: 284892 | In Contract | 1/29/24
Price lowered fr $99k. For sale is a profitable, well-established Chinese restaurant located in a strip center serving North County San Diego. Very low rent $2800 +NNN by space 1000 sf. The monthly sale $30-40k. This is a good opportunity for a turnkey business that can be different concepts.
Asking Price
$75,000
Cash flow
$78,000
Revenue
$192,000
Down
Call/Email
Posting: 284886 | Available | 1/27/24
This sushi bar in a very big market with high foot traffic everyday. Franchise headquarters charge 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
$28,000
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
$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
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 284789 | Available | 1/22/24
For sale is a restaurant that is currently operating as a ramen shop. You can take over and run this restaurant as is, or you can run it as any other type of restaurant. There is no alcohol license. Must see this asset sale!
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 284772 | Available | 1/21/24
For sale is a restaurant with beer & wine and a prime location in Towne Center @ Fontana, anchored by many known brand names such as LA Fitness & Costco. This is a great opportunity for restaurateurs to establish their own concept with low set-up costs.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$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
$913,256
Revenue
$2,527,378
Down
$315,000
Posting: 284118 | In Escrow | 1/18/24
A highly profitable sushi restaurant located in Hollywood is available for sale. This business is pre-qualified by the SBA for financing from several PLP lenders, requiring only a 15% down payment. The seller is willing to continue managing for a certain period for a smooth transition.
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 268159 | Available | 1/18/24
This is a family-owned Vietnamese restaurant for sale in outer Richmond of San Francisco. It is located in a Clement Street neighborhood close to movie theaters, cafes, and restaurants. It is minutes from Golden Gate Bridge and Baker Beach. The lease is $4200. The gross income a month is $27,000.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284684 | Available | 1/16/24
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
Call/Email
Revenue
$600,000
Down
Cash Only
Posting: 283769 | Available | 1/9/24
For an asset sale is a restaurant that is located close to Cal poly Pomona. It is nicely updated and decorated. It is 1,628 sq ft. and has seating for 24. It is currently serving Vietnamese food but the buyer can change the concept. You must see this location. Rent is $4,750 plus $1,487 NNN.
Asking Price
$55,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$156,000
Revenue
$799,332
Down
Call/Email
Posting: 284573 | Available | 1/8/24
This restaurant is located in a bustling area with a lot of foot traffic. While there may be some costs associated with running a franchise, it can be much easier and simpler to operate than a non-franchised restaurant. It has stable income and is very well-known.
Asking Price
$389,000
Posting: 282011 | Available | 1/3/24
The owners of these restaurant chain stores are expanding, So they are looking to buy 2 more Asian restaurants to convert to their restaurant, on the East side of Interstate 80, around the Vallejo Costco. There should be a full kitchen and the size of the restaurant shall be around 2,500 sq ft.
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
$110,000
Revenue
$400,000
Down
Call/Email
Posting: 282962 | Available | 4/6/24
This is a former Ding Tea franchisee. After conversing with Waffle Studio, gross sales gradually grew to $36,000/month. The net income is $10,000. They sell a variety of foods like Ding Tea Boba without paying a franchise fee, Chinese banh bao, Waffet, and Sandwiches. It is absentee-owned.
Asking Price
$180,000
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
$72,000
Revenue
$390,000
Down
Call/Email
Posting: 279123 | Available | 4/24/24
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 $32,500/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
$139,000
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
Call/Email
Revenue
Call/Email
Down
$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
$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
$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
$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
$6,000,000
Down
$25
Posting: 276422 | Available | 3/4/23
This is a well-established, high-volume seafood & Asian fusion restaurant for sale located in a very busy shopping center in San Fernando, Los Angeles County, CA. It is a 100% absentee-run business with so much potential to increase the current sales volume. The annual sales are over $6,000,000.
Asking Price
$2,200,000
Cash flow
$90,000
Revenue
$480,000
Down
$198,000
Posting: 285537 | Available | 4/9/24
For sale is a profitable Korean fried chicken restaurant located in a busy strip center in San Diego County, CA. It has a beer & wine license / Type 41. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer., and a large 500-gallon grease trap outside the kitchen.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$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
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
$78,000
Revenue
$192,000
Down
Call/Email
Posting: 284886 | Available | 1/27/24
This sushi bar in a very big market with high foot traffic everyday. Franchise headquarters charge 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
$28,000
Cash flow
Call/Email
Revenue
$950,000
Down
Call/Email
Posting: 286105 | Available | 4/12/24
For sale is a Chinese restaurant in a busy shopping center near the Premier outlet. It is in newer condition with clean and high ceilings. The size of the restaurant is 1,400 sq ft. and rent is $8,900 including CAM and water & garbage. There's a 16-foot hood in the kitchen.
Asking Price
$400,000
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
Call / Email
Posting: 278804 | Available | 2/1/23
This Teriyaki restaurant in Anaheim, CA has a very big potential. The monthly average is $40,000, Size: is 1,183 SF, Rent: is $6,300 including CAM, Lease: is 5+5, Open: 7 days, and Net income: is $4000-$5000.
Asking Price
$159,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$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
$960,000
Down
Call/Email
Posting: 285563 | Available | 3/7/24
For sale is a high-quality bar with Hard Liquor 47 and a ramen restaurant that is located in the heart of the town. There is no competition around. It can be extended as a bar or converted into a nightclub or Vietnamese noodles or other concepts of food. The restaurant has a good reputation.
Asking Price
$248,000
Cash flow
N/A
Revenue
N/A
Down
All Cash
Posting: 280745 | Available | 5/15/23
For sale is a beautifully-built Korean BBQ restaurant. The current owner has a serious health issue and has to quit ASAP (and must sell fast), so this is a great buy (asset sale) with so much potential for a new owner. It is in a fast growing city with so much potential for a new owner.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285044 | Available | 3/28/24
For an asset sale is a well-established Asian restaurant in the busy shopping center with national brand restaurants. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,700+ sq ft and its rent of $8,900 including NNN. The restaurant has long hood and grease trap.
Asking Price
$150,000
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
Call/Email
Revenue
Call
Down
Call/Email
Posting: 285242 | Available | 4/19/24
For sale is a famous restaurant located on the main street in Marina Del Rey. Its size is about 1,270 sq. ft with a spacious patio. Its rent is about $10,800 including NNN. It has a beer/wine license. The buyer can convert it into sushi, ramen, or Thai.
Asking Price
$165,000
Cash flow
$80,000
Revenue
$880,000
Down
Call/Email
Posting: 285312 | Available | 3/26/24
This Japanese sushi restaurant is surrounded by high tech companies. There is outdoor seating. The seller claims revenue around $880,000, operating net income $80,000 on 2023 tax returns.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278763 | Available | 1/31/23
This is a very successful Korean tofu restaurant near Rowland Heights that was established in 1988. They are open 6 days a week so new buyers will have more potential to increase sales if you open 7 days a week. The average monthly sales are $50,000. The lease is new with a rent of $8,600.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
$960,000
Down
$130,000
Posting: 280280 | Available | 3/21/24
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
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
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
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
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
