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: 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
Call / Email
Down
Call / Email
Posting: 273334 | Available | 1/26/23
For sale is a great opportunity to purchase a Japanese restaurant in Orange with lots of potential - ideal for any type of restaurant, cafe, bar, or ramen restaurant. The previous owner set up and invested around $500,000 for all-you-can-eat Japanese food. It is open from Mon-Sat, 11 am - 7pm.
Asking Price
$159,000
Cash flow
Call / Email
Revenue
$840,000
Down
Call / Email
Posting: 276649 | Available | 1/24/23
This is an excellent opportunity to own a sushi restaurant in Simi Valley. Training and support will be provided to the new owner. The asking price is $239,000. The average gross sales is around $70,000 per month.
Asking Price
$239,000
Cash flow
Call / Email
Revenue
$1,440,000
Down
Call / Email
Posting: 276444 | Available | 1/24/23
For sale is a high-profit sushi restaurant located in San Diego, CA. Currently, the owner opens 6 days a week. The annual gross sales are $1,440,000. Training and support will be included as well.
Asking Price
$470,000
Cash flow
Call / Email
Revenue
$516,000
Down
Call / Email
Posting: 276376 | Available | 1/24/23
This is an excellent opportunity to own a sushi restaurant in Azusa, Los Angeles County, CA. The yearly gross sales are $516,000. The yearly net income is $264,000. Training and support will be provided to the new owner.
Asking Price
$250,000
Cash flow
$120,000
Revenue
$504,000
Down
Ask
Posting: 278334 | Available | 1/17/23
If you like the authentic, awesome, quiet, and great neighborhood sushi restaurant, this is the place to go. The restaurant is a very nice place to enjoy authentic Japanese sushi with family and friends and the ambiance and atmosphere of this restaurant are very clean, cozy, and quiet.
Asking Price
$145,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 274070 | Available | 11/17/22
For sale is a famous Indian restaurant with a banquet hall in a stand-alone building. The banquet hall with a capacity of 250 people can be opened and booked to exploit the great potential of increasing the sale substantially. It is located in a shopping center. It has a liquor license.
Asking Price
$650,000
Cash flow
$149,792
Revenue
$624,052
Down
Call / Email
Posting: 270169 | Available | 10/27/22
This award-winning family restaurant has been serving Japanese and Korean cuisine for over thirty years and has a loyal following in the community. It's located on the corner of a major shopping center and has great visibility from the street. The dining area is tastefully decorated with Asian art.
Asking Price
$239,000
Cash flow
$120,000
Revenue
$600,000
Down
Call / Email
Posting: 276188 | Available | 9/8/22
Asain fusion ramen & roll restaurant. Located in large busy shopping center with lots of foot traffic. Great growth potential with more marketing. Monthly gross sales: $50,000. Monthly rent: $4,800 included nnn. Lease terms: 4+ 5. Store size: 1,400 SF. Seating capacity: 35. Owner works 25 hrs/week.
Asking Price
$250,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$50
Posting: 275463 | Available | 8/3/22
Well established Korean restaurant located in very busy shopping center with Market anchored in Irvine, CA. Semi absentee run operation now and has so much potential if new owner comes in marketing & promotion. Avg. monthly sale $180,000 with monthly net profit approx. $40,000.
Asking Price
$1,100,000
Cash flow
$120,000
Revenue
$360,000
Down
All Cash
Posting: 269845 | Available | 8/1/22
Great 5 days Japanese Teriyaki & Rolls Fast Food restaurant located on very high demand area in Santa Fe Spring with industry park & companies. Current owner runs this restaurant since 2014 and ready for retirement at age almost 70. Business hours: 8:30 am to 7pm. Open 5 days a week Monday-Friday.
Asking Price
$179,000
Cash flow
Call / Email
Revenue
$1,000,000
Down
$160,000
Posting: 275322 | Available | 7/24/22
Asian grocery supermarket business for sale in east bay area. The current owner is retiring after 20+ years in business. The sale is only for the business and real estate is not included in the sale. The current yearly net for the seller is $180k. The average yearly sale is very consistent with one
Asking Price
$825,000
Cash flow
Call / Email
Revenue
$1,440,000
Down
Call / Email
Posting: 269260 | Available | 11/7/21
Japanese style To Go only restaurant for sale in Chino Hills, San Bernardino County, CA. Over $120,000 sales per month. 100% absentee run business. Asking for $950,000.
Asking Price
$950,000
Cash flow
$108,000
Revenue
$660,000
Down
$210,000
Posting: 255809 | Available | 3/12/21
Chinese Fast Food in Riverside near by UCR. Excellent location. Established Long Years. Steady Income. Close to the 91 and 60 Fwy.
Asking Price
$210,000
Cash flow
$120,000
Revenue
$480,000
Down
Call
Posting: 260631 | Available | 10/26/20
Thai Restaurant has been Sacramento's favorite restaurant for the past 4 years. This business is a very popular restaurant serving some of the most authentic Thai Food. This restaurant is a great opportunity for a buyer that wishes to continue with the current concept or put in their own concept.
Asking Price
$250,000
Cash flow
$60,000
Revenue
$360,000
Down
Call
Posting: 260632 | Available | 10/26/20
Newly built Thai Restaurant for Sale! This business has been in business for only a year now and is doing excellent. Well maintained and highly rated place for Thai food in a large geographic area. This is a perfect opportunity to run your own restaurant without the hassle of building one.
Asking Price
$180,000
Cash flow
$53,019
Revenue
$539,340
Down
$255,000
Posting: 255699 | Available | 10/22/20
This sushi restaurant is definitely a hidden gem. The interior of the sushi restaurant is adorable, super cozy and great modern decor. The owner is ready to move on to different ventures. The food is terrific, always consistent and fresh and absolutely amazing spread and come see for yourself.
Asking Price
$255,000
Cash flow
$180,000
Revenue
$1,320,000
Down
$265,000
Posting: 263020 | Available | 10/19/20
Well established for 11 years and most famous japanese restaurant in the City of Montclair in San Bernardino County. Its running by Employee only. Buyer will be train for ownership how to handle the business. Volume increase every year.Pandemic is not impacted to the business and still running well.
Asking Price
$530,000
Cash flow
N/A
Revenue
N/A
Down
Cash
Posting: 205460 | Available | 10/2/20
Great opportunity to own a Japanese restaurant. It is located in Anaheim close to residential area. And also there are many retail stores near by. This restaurant could be converted to different types of restaurant, Korean or Vietnamese etc. Equipment of the restaurant is good condition.
Asking Price
$64,900
Cash flow
Call
Revenue
Call
Down
Call
Posting: 235165 | Available | 9/15/20
Famous Mandarin Touch Chinese Restaurant and Cocktail lounge for sale. Original owner for 33 years. Best location i trendy Solvang, Ca Beautiful indoor and outdoor dining, seats 160. Building is also for sale with 2 upstair penthouse style apts. 3,000,000 includes business, apts and liquor lic.
Asking Price
$800,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 5/13/24
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: 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
$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
$2,040,000
Down
$350,000
Posting: 286304 | Available | 4/28/24
For sale is a great and well-established Shabu restaurant in North Orange County. Its current monthly sale is $170,000. 2,100 sqft with plenty of parking spaces. Rent $11,500 including NNN. The buyer can learn all recipes and cooking methods quickly and run the store smoothly.
Asking Price
$850,000
Cash flow
Call/EMail
Revenue
$1,560,000
Down
Call/Email
Posting: 282805 | Available | 9/13/23
For sale is an indi sushi restaurant (not all you can eat) that is absentee-run and has a beer+wine license. The 2023 monthly gross sales are over $130,000. There is no SBA loan. But $400,000 downpayment and rest of money will be owner financing. Must see!
Asking Price
$649,000
Cash flow
Call/Email
Revenue
$700,000
Down
Call/Email
Posting: 285924 | Available | 5/4/24
This is a Chinese restaurant for an asset sale. This restaurant is located in the big center. The size of the restaurant is 3,300 sq ft. and rent is $11,000 including water and garbage. There's a fully equipped kitchen with 20 feet hood and walk-in cooler and walk-in freezer.
Asking Price
$299,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284624 | Available | 4/2/24
For sale is an opportunity to own a restaurant with a complete market setup. The present owner is only utilizing the restaurant side of this property but there is a ton of potential to grow business by utilizing the fully equipped grocery store. The combined business space is 2,700 sq ft....
Asking Price
$1,399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282841 | Available | 4/30/24
This is an Asian-inspired dessert shop for sale in Sacramento county. They serve drinks and snacks including authentic Vietnamese Che and coffees, boba milk teas, Pandan waffles and real fruit smoothies. It is located near INTEL, high school, Starbucks and other retailers. Sales are $20,000/month.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274035 | Available | 3/12/24
This Chinese fusion restaurant is ideally located in the Piedmont neighborhood. It is a casual eatery with a glass-covered patio turning out delicious Chinese fare. The Piedmont Avenue neighborhood is a residential and commercial district in North Oakland, popular for dining and retail.
Asking Price
$199,000
Cash flow
$96,000
Revenue
$1,080,000
Down
$30
Posting: 276878 | Available | 6/20/23
For sale is a sushi restaurant at a great location on a major road with good visibility. It used to gross over 120k per month, but the current owner is sick and must retire. There is huge room to improve the business. It is only open 6 days as it is closed on Sundays.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 281679 | Available | 5/7/24
This is a Vietnamese and Chinese bakery for sale in Downtown Monterey Park of Los Angeles County. This store is equipped with all the machines that help to produce all kinds of bread & pastry, there is a walk-in cooler and display cooler & bread display case in the dining space.
Asking Price
$180,000
Cash flow
$120,000
Revenue
$72,000
Down
$348,000
Posting: 285535 | Available | 4/9/24
For sale is a profitable Korean fried chicken and boba restaurant located in a busy strip center in Carlsbad, CA. A beer & wine license is included. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer, and grease trap outside the kitchen. It is currently absentee-run.
Asking Price
$348,000
Cash flow
$300,000
Revenue
$1,020,000
Down
Call/Email
Posting: 282028 | Available | 8/7/23
If you are seeking a savory, authentic, awesome, and unique Chinese restaurant, this is the place. The entire ambiance is really refreshing, sumptuous, relaxing, and cozy with a small Koi Pond, peaceful music, and great decor.
Asking Price
$420,000
Cash flow
$108,000
Revenue
$115,000
Down
Call/Email
Posting: 286275 | Available | 4/26/24
The business operates 100% absentee, with a monthly gross sale of $115,000 and a payroll of $45,000, resulting in substantial savings for the Sushiman owner, who earns a net income ranging from $9,000 to $10,000 per month. An SBA Loan is available for qualified buyers.
Asking Price
$300,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$50
Posting: 275463 | Available | 8/3/22
Well established Korean restaurant located in very busy shopping center with Market anchored in Irvine, CA. Semi absentee run operation now and has so much potential if new owner comes in marketing & promotion. Avg. monthly sale $180,000 with monthly net profit approx. $40,000.
Asking Price
$1,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 272142 | Available | 4/11/24
This Chinese restaurant is located in the small strip center on Union Avenue near Bascom. The rent is $4,500 and the size of 1,500 sq. ft. This restaurant was remodeled partially in 2018. It is an asset sale. The lease term is every 5 years only. There is a beer and wine license.
Asking Price
$149,999
Cash flow
$160,000
Revenue
$825,000
Down
Call/Email
Posting: 285283 | Available | 4/20/24
A well-established Korean toy restaurant located in Arcadia since 2001 presents an excellent opportunity for a full-time owner operator or owner chef operator. With a great net income and potential for further revenue growth, the business is prime for investment.
Asking Price
$390,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call / Email
Posting: 279692 | Available | 3/14/23
This is a 1500 sq. ft restaurant located in a large shopping center with plenty of free parking. The restaurant is fully equipped to handle hot pot cuisine, as well as noodles, and could possibly include the popular dim sum cuisine.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$360,000
Down
$89,000
Posting: 276708 | Available | 4/28/24
For sale is a great location in the affluent community of Cypress and a busy office building area. It is good for takeout and has a newly remodeled interior with an open kitchen. The current owner cannot run the store because of a shortage of employees and his health issue.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284695 | Available | 5/14/24
This is an Asian restaurant. This restaurant is in the shopping center near Highway 4. Walmart is the anchor tenant. The size of the restaurant is 1,440 sq ft. and rent is $4,000 including CAM water and garbage. There's a 9 foot long hood (type 1). Bring your menu.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283994 | Available | 4/30/24
This is a branded poke shop for sale in a San Jose food court inside a major shopping center with plenty of parking. Starbucks is nearby along with other franchise restaurants and major retailers. They are known for how well food is prepared and with a variety of toppings displayed in a cold bar.
Asking Price
$175,000
Cash flow
$164,400
Revenue
$865,000
Down
Call/Email
Posting: 280096 | Available | 4/4/24
For sale is a sushi restaurant close to the I5 Freeway in South Orange County, CA. It is very visible from the road and is within walking distance of the beach. It has crowded military and tourist crowds on weekends. There is potential to increase business with owner-chef. The partnership split.
Asking Price
$249,000
Cash flow
$133,000
Revenue
$918,000
Down
Call/Email
Posting: 284745 | Available | 4/19/24
This Chinese restaurant is an old-fashioned eatery preparing hearty, family-style Chinese meals for dine-in or carryout. Over 33 plus years in town, a local favorite is located in a strip center anchored by major national tenants, and other local retailers. There is ample parking to accommodate.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275561 | Available | 8/28/23
This is a cornered plaza Thai eatery for sale in Santee, San Diego County. It is located near a fitness center, Home Depot, Kung Fu tea, Target, and land developments for new homes. The inside is well-lit and spacious. It is approximately 1,500 sq ft. with 25-30 seats inside and 10 seats outside.
Asking Price
$80,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 282842 | Available | 5/2/24
This is a 30-year established Chinese fast food restaurant and donut shop for sale in the heart of Mission. It is located in the bustling mission area near Bart station, McDonald's and many Mexican restaurants. This location has long been the richest sector of business by and for Latino families.
Asking Price
$150,000
Cash flow
$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
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282560 | Available | 9/3/23
This very desirable restaurant is well-located in a busy commercial area in downtown Hayward. The location has many new condos in the are and ample parking for the customers. This restaurant has approximately 2,241 sq ft. which includes a nice 425 sq ft. upstairs storage room and office.
Asking Price
$178,000
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
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
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
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
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
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.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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.
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 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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
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.
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.
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.
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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
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.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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!
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
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.
