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
Call/Email
Revenue
call/email
Down
$125,000
Posting: 282546 | Available | 1/3/24
Vons Chicken, a famous Korean fried chicken with draft beer fountain. It is a part of the Brenden Theatres in Concord. Free Ad before movies offered. Total absentee operation. Projected net income for a full time owner operator shall be $10,000+ per month. Seller financing is available up to 50%
Asking Price
$250,000
Cash flow
$50,000
Revenue
$250,000
Down
$65,000
Posting: 283940 | Available | 12/27/23
For sale is a poke store that is cute in simple, located in Corona, Riverside County, CA. It is an asset sale, so the store is convertible to a different menu or concept as well. It is 1,350 sq ft. and in a business/residential area.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 283824 | Available | 12/26/23
This is a high-volume Asian restaurant for sale in Concord. It has been established for many years in the city of Concord with a type 47 hard liquor license. There is a bar area to the left to serve cocktails and liquor drinks. The average gross sale a year is $800,000- $900,000.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$700,000
Down
$260,000
Posting: 284254 | Available | 12/12/23
For sale is a Chinese restaurant famous for seafood with a banquet hall in a historical building. The dine area is 5600 sq. ft. banquet hall 2nd floor by same size. The owner will be the future landlord, the rent is $2 per sf., the sales between $60k-90k depend on the parties & events.
Asking Price
$260,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 280058 | Available | 11/30/23
The restaurant has been operating for more than 20 years in the plaza and specializes in Chinese cuisine. It typically features a dining area for customers to sit and enjoy their meals, as well as a kitchen where chefs prepare Chinee dishes using traditional cooking techniques and ingredients.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284088 | Available | 11/29/23
For sale is a popular dumpling restaurant located in downtown San Leandro. It's in an excellent location facing a busy street with heavy foot traffic. It is a free-standing building with ample parking in the back. The dining area is bright with neat, spacious, and comfortable seating.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284009 | Available | 11/24/23
For sale is a well established and remodeled Japanese restaurant. This is a restaurant located in an area with a high population flow, very busy for tourists, events, shops etc. It has a beautiful patio area. Size is estimated to be 1,200 ~ 1,500 sq. ft (40 seating) / patio outside (36 seating)
Asking Price
$249,000
Cash flow
Call/Email
Revenue
$2,000,000
Down
Call/Email
Posting: 281576 | Available | 11/21/23
This is a high-end Chinese restaurant with a hard liquor #47 license. The size is approximately 7,000 sq. ft and rent is $21,000 including NNN. The lease is a 9-year + 10-year option. It is a 100% absentee-run business with so much potential to increase the current sales volume.
Asking Price
$750,000
Cash flow
$96,000
Revenue
$550,000
Down
$188,000
Posting: 283945 | Available | 11/20/23
For sale is a ramen, teriyaki, and roll restaurant. They have upgraded equipment and furniture. It is in a cute and good location of Lakewood, Los Angeles County, CA. It si 1,300 sq ft. It is mainly employee-run.
Asking Price
$188,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$350,000
Posting: 283930 | In Escrow | 11/20/23
The average gross sales are $106k a month from the seller's description. The financials only show for serious buyers. A beer & wine permit is included. It has a fully equipped kitchen such as type 1 hood, walk-in cooler, walk-in freezer, and large grease trap of 1,500 gallons.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283904 | Available | 11/17/23
This is a rare opportunity to acquire a well-established and newly remodeled Asian fusion restaurant in the heart of Humboldt County. The turnkey restaurant boasts a prime location, a favorable long-term lease with exceptionally low rent, and two five-year lease options.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278019 | Available | 11/10/23
For sale is a high cash flow, well-established Japanese restaurant with excellent reviews. The owner has owned it for 8 years but they want to relocate/retire. It is 800 sq. ft with a small backyard. The seller's lease is valid for the next 2 years with one 5-year option.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277326 | Available | 11/10/23
For sale is a well-established, high-cash-flow Japanese restaurant with great neighborhood reviews. The seller's estimated net cash minimum is $25,000 ~ $30,000 monthly. It has a good lease with options available. A new lease is negotiable with the landlord.
Asking Price
$299,000
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
Cash flow
$108,000
Revenue
$60,000
Down
$169,000
Posting: 282564 | Sold | 10/31/23
For sale is a fully-equipped Japanese restaurant in a shopping center in San Jose. The estimated gross is $50,000/month and the estimated cash flow is $9,000/month. The rent is $4,106/month and the lease goes until 2026 (an extension is negotiable). It is 1,200 sq ft. It is open for 5 days.
Asking Price
$169,000
Cash flow
$180,000
Revenue
$480,000
Down
$120,000
Posting: 283598 | Available | 10/30/23
For sale is an easy-to-tun poke shop in a busy shopping location. It is open 6 days a week. The rent is $4,080 for 1,300 sq ft. The net is $15,000 a month. There can be a possible SBA loan. It is simple and easy to run/operate and there will be complete training for managing the store.
Asking Price
$360,000
Cash flow
Call/Email
Revenue
$1,668,000
Down
Call/Email
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
$400,000
Revenue
$500,000
Down
$250,000
Posting: 282879 | Available | 9/16/23
For sale is a california roll and udon shop that is easy to run. The current owner has moved to a bigger restaurant for more sales. It is easy to learn how to cook and control the business. The owner can get an SBA loan too.
Asking Price
$299,000
Cash flow
$60,000
Revenue
$60,000
Down
$160,000
Posting: 282883 | Available | 9/15/23
The owner wants to sell this business because they are too busy. It is a Korean restaurant that is SBA loan pre-qualified. The price and down is $160,000 and it is located in Garden Grove, CA.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 282842 | In Contract | 9/15/23
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
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
$600,000
Down
Call/Email
Posting: 283587 | Available | 4/19/24
For sale is a casual Japanese ramen restaurant in the busy Hollywood shopping mall. Its current monthly sale is about $50,000. The current owner can't pay attention to the business because of family matters. It has just been remodeled in the community shopping center.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
All Cash
Posting: 283197 | Available | 3/30/24
For sale is a 1,100 sq. ft Korean fried chicken restaurant in a small strip. This is an asset sale. This restaurant is located in an office area. Rent is $6100 including CAM and water and garbage. There's a fully equipped kitchen with a walk-in cooler walk-in freezer and a 7.5-foot hood.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 284725 | Available | 4/16/24
This is an authentic Thai restaurant for sale tucked away on the border of Civic Center-Tenderloin in San Francisco. It is a hidden gem with a large basement below permitted for a prep area. There is a walk-in cooler and walk-in freezer along with 2 grease traps in the basement with lots of storage.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285987 | Available | 4/4/24
A profitable Japanese restaurant is located in a busy shopping center with a constant flow of foot traffic. It has been an established restaurant known for its great food and has built a loyal clientele over time. The restaurant holds a 41 beer and wine license and features many amenities.
Asking Price
$580,000
Cash flow
Call/Email
Revenue
$780,000
Down
Call/Email
Posting: 285022 | Available | 3/1/24
For an asset sale of $59,000 is a well-established Asian fusion restaurant. The size is 1,207 sq ft. There is beer and wine. It is FF&E inclusive. There is a storage space mezzanine and an ADA restroom. The base rent is a total of $3,318.38 per month.
Asking Price
$48,000
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
$125,000
Posting: 282546 | Available | 1/3/24
Vons Chicken, a famous Korean fried chicken with draft beer fountain. It is a part of the Brenden Theatres in Concord. Free Ad before movies offered. Total absentee operation. Projected net income for a full time owner operator shall be $10,000+ per month. Seller financing is available up to 50%
Asking Price
$250,000
Cash flow
$240,000
Revenue
$1,800,000
Down
Call/Email
Posting: 285423 | Available | 2/29/24
A very profitable, well-established Chinese restaurant located in a stripe center of the office, high-tech area with high visibility near freeway in San Diego. The 4,000 sq ft. space has a reasonable monthly rent of $11k (includes NNN) by such a big size. 3 year lease left with options.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$1,647,000
Down
Call/Email
Posting: 285961 | Available | 4/3/24
This is a reputable Chinese Restaurant that was well-established 9 years ago. It is located in a very busy area with lots of foot traffic. The seller claims revenue in 2023 is about $1,647,000.
Asking Price
$380,000
Cash flow
$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
N/A
Revenue
N/A
Down
Call/Email
Posting: 281808 | Available | 7/26/23
This is a profitable Franchise Boba Shop in Orange County near Cypress, Anaheim area. Well-established and maintained near a local high school and surrounded by residential area.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285294 | Available | 3/24/24
For an asset sale is a well-established Japanese sushi restaurant that's been in the affluent community for a long time. The store size is 2,400 sq. ft with a rent of $5,200 including NNN and plenty of parking spaces. It has a full kitchen hood and a walk-in cooler/freezer with Teppan. BW license.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285468 | Available | 3/2/24
For sale is a Japanese restaurant. This is an excellent opportunity for a sushi chef for own a restaurant in Scotts Valley, CA with huge potential. This is a hot sale, rare opportunity in a prime neighborhood with good location. This restaurant has a fully-equipped with a walk-in cooler.
Asking Price
$180,000
Cash flow
$132,000
Revenue
$1,020,000
Down
$485,000
Posting: 286137 | Available | 4/15/24
For sale is a renowned sushi restaurant located in Los Angeles County. This establishment features a beer and wine license and an inviting enclosed patio with seating for approximately 16 guests. It is situated in a bustling shopping center that enjoys a diverse mix of retail businesses.
Asking Price
$485,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284885 | Available | 4/3/24
This is an Asian restaurant for sale in Lower Nob hill area in San Francisco. Rent is $10,600 and with 3 years + 4 options is remaining. The size of the restaurant is 2,395 sq ft. There's a 16 feet long hood in the basement with walk-in and woks and more. The next owner can keep or change the menu.
Asking Price
$249,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284624 | Available | 4/2/24
For sale is an opportunity to own a restaurant with a complete market setup. The present owner is only utilizing the restaurant side of this property but there is a ton of potential to grow business by utilizing the fully equipped grocery store. The combined business space is 2,700 sq ft....
Asking Price
$1,399,000
Cash flow
$200,000
Revenue
$850,000
Down
$145,000
Posting: 281632 | Available | 3/24/24
For sale is a great and well-established sushi restaurant with 4.5 stars on Yelp! Currently, the store opens for 5 days a week because of a shortage of employees and its monthly sale is currently around $70,000. Its size is about just 1,200 sq ft. with a great rent of $3,620 including NNN.
Asking Price
$285,000
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
$216,000
Revenue
$1,140,000
Down
Call/Email
Posting: 281014 | Available | 3/6/24
This restaurant is not an all-you-can-eat restaurant. Therefore, the profit margin is good. It has been in business for a long time in one location, so there are many regular customers, and the income is relatively stable. The current owner is not a chef but has been managing for 10 years.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280316 | Available | 4/6/24
This is a fully-equipped restaurant located in a commercial shopping center in San Jose. This location is in a nice area and the shopping center has a well-known supermarket and a Starbucks. The facility has a 20-foot-long kitchen hood to allow fast preparation of all of the fast food.
Asking Price
$35,000
Cash flow
$240,000
Revenue
$1,080,000
Down
Call/Email
Posting: 280346 | Available | 4/24/23
A well-established business in Los Angeles County. Well-recognized branding. Highly profitable. Great location within a large shopping center with nationally anchored tenants.
Asking Price
$550,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 285013 | Available | 3/7/24
This is an authentic Thai restaurant in the heart of Tehachapi. This asset sale includes lots of kitchen equipment that has been updated within the last five years. Beer and wine license included with the sale. It can be converted to a new concept with little to no competition around it.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$450,000
Down
$135,000
Posting: 284513 | Available | 4/8/24
For sale is a well-established Hawaiian poke restaurant in the busy food court of Santa Fe Springs. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,000 sq ft. plus a spacious patio and its rent of $6,500 including NNN. The seller will train the buyer fully.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
$700,000
Down
Call/Email
Posting: 280620 | Available | 7/24/23
This is a family-owned Southeast Asian restaurant for sale in Downtown Martinez near restaurants, retail shops, and Starbucks. This place has this open, upbeat, cozy, and Asian flair to the dining scene in Martinez. It is approximately 2,400 sq ft. with 66 seating capacity and dry storage.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 285059 | Available | 3/9/24
This is an established Thai restaurant for sale in Thai Town, Los Angeles. This restaurant hasn't been on the market for over 25 years! Located in the heart of Thai Town on world famous Hollywood Blvd. with many other restaurants, shops, and cafes nearby. It is a freestanding building.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$165,000
Posting: 281307 | Available | 4/8/24
For sale is a well-established and famous sushi & roll restaurant in the Huntington Beach area. The store was recently remodeled with two separate kitchens. Its current sale is about $110,000, but last year's annual sale was $1,477,000. Its store size is a very spacious 3,000 sq. ft.
Asking Price
$555,000
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
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
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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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
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
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
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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.
