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Posting: 286293 | Available | 4/27/24
This is a Japanese sushi restaurant for sale in Downtown Concord with both indoor and outdoor seating. It is a clean restaurant with an ample setting for large or small parties, and a few seats at the bar, where you can watch them make the orders.
Asking Price
$179,000
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Posting: 285754 | Available | 4/27/24
This is a free standing building restaurant for sale with real estate. This restaurant located in the boarder line of Fremont and Newark (very close to Highway 880). The lot size is 1.66 acres and the building is 9,900 sq ft. The building was built in 1986. This is the price for the property + menu.
Asking Price
$7,699,999
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Posting: 285063 | Available | 4/27/24
A East Asian restaurant for sale in central area of Sunnyvale. It has ample parking. It is close to many high tech companies and populated residential. A nice designed dining area. A fully equipped kitchen with a 13.5' hood, walkin cooler, freezers, coolers, stovetops, fryer, oven, and more. 1569sf.
Asking Price
$200,000
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Posting: 285017 | Available | 4/27/24
The price has lowered for this Japanese sushi restaurant for sale in a shopping center location (Central District). Rent is $9,800 including CAM and water and garbage. 4 years are remaining and a new lease will be available to the qualified buyer. The size of the restaurant is 1,850 sq ft.
Asking Price
$400,000
Cash flow
$288,000
Revenue
$1,200,000
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Posting: 284786 | Available | 4/27/24
This ramen restaurant is located in a plaza with a lot of foot traffic in Montclair, San Bernardino County, California. The restaurant has an alcohol license and is a store with great potential. Must see!
Asking Price
$585,000
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Revenue
$420,000
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Posting: 284789 | Available | 4/27/24
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
$65,000
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Posting: 286281 | Available | 4/26/24
A spacious sushi restaurant is available for sale in Fair Oaks of Sacramento County. This restaurant features a clean, spacious interior with a sushi bar. The lease amount is $3662.00, covering water, garbage, CAM, and SEWER. With approximately 1,500 square feet and seating for 49 patrons.
Asking Price
$125,000
Cash flow
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Revenue
$344,500
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Posting: 286279 | Available | 4/26/24
This is a Japanese sushi restaurant for sale on the north side of Berkeley. This is a simple and casual spot go-to for Japanese casual comfort food. The restaurant shares about a block long with other dining places. Located on Shattuck Avenue is a major city street.
Asking Price
$180,000
Cash flow
$108,000
Revenue
$115,000
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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
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Posting: 286272 | Available | 4/26/24
A Korean BBQ & sushi restaurant with the property is for sale, ideal for an owner-user. It is possible to obtain financing through SBA. The restaurant has huge potential and operates only 4 days a week. The current owner wants to retire.
Asking Price
$870,000
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Posting: 282288 | Available | 4/26/24
For sale is a franchise sushi roll business located within a well-known market. It is a simple operation and brings in stable income. The seller has been operating the business for the last 12 years. The buyer shall pay for the franchise transfer fees and training fees from the franchise.
Asking Price
$90,000
Cash flow
$240,000
Revenue
$840,000
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Posting: 275156 | Available | 4/26/24
This restaurant has very big potential as it is located in a high foot traffic area and they are very busy. This restaurant is not an all-you-can-eat. So the profit margin is good. This restaurant's menu is very simple. It is easy to operate, so you don't need many employees.
Asking Price
$250,000
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$199,000
Posting: 280066 | Available | 4/25/24
For sale is an absentee-run, well-setup, high-quality sushi & Japanese restaurant with bar, located in a shopping mall. They have their own exit so they don't have to follow the mall's open hours. The seller invested a lot of money to setup this beautiful and high quality restaurant.
Asking Price
$199,000
Cash flow
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Posting: 283512 | Available | 4/25/24
For sale is a cozy and pretty sushi and Japanese restaurant that is located in a very busy area in a rich city. There is a brand grocery store across the street, next to the highway. The restaurant is newly remodeled, so the new owner will not have to do any renovations.
Asking Price
$128,000
Cash flow
$80,000
Revenue
$880,000
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Posting: 285312 | Available | 4/25/24
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
$120,000
Revenue
$750,000
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Posting: 285313 | Available | 4/25/24
For sale is a cozy Japanese sushi restaurant located on the main street in a nice small town without much competitions around. They have very low rent. There is more potential to improve the business. Currently it only opens for dinner. Seller claims revenue is around $750,000.
Asking Price
$350,000
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Posting: 285561 | Available | 4/25/24
For sale is a Chinese restaurant. The landlord is willing to renegotiate rent with a qualified buyer. The restaurant has been located in a non-competitive area for over 30 years. The seller has done repairs for the Health Department Inspection for Changing of Ownership.
Asking Price
$85,000
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Revenue
$960,000
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Posting: 285563 | Available | 4/25/24
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
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Revenue
$987,000
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Posting: 285539 | Available | 4/25/24
For sale is a semi-absentee Japanese sushi restaurant that is located in an upscale area with excellent visibility and outdoor seating. The seller only works at the restaurant a few days per week. There is potential to improve the business for owner operating. The seller claims $987,000 in 2023.
Asking Price
$149,000
Cash flow
N/A
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Posting: 285316 | Available | 4/25/24
For sale is a hot pot shabu restaurant opportunity with the commercial building + land. It is very profitable and is located in Mission Viejo. It has reasonable leases and landlords. But, you can be your own landlord and business owner. The recipes, training, and business model will be included.
Asking Price
$250,000
Cash flow
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Revenue
$840,000
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Posting: 286266 | Available | 4/25/24
This restaurant is not an all-you-can-eat and individual restaurant. 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 the restaurant for 4 years.
Asking Price
$250,000
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$150,000
Posting: 285294 | Available | 4/25/24
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
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Revenue
$720,000
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$110,000
Posting: 275092 | Available | 4/25/24
This is a newly remodeled and well-established sushi restaurant in the affluent community of Simi Valley. It has a great response of 4.5 stars on Yelp from regular clients. Its size is 2,000 sq. ft with a patio with the current rent of $8,500 including NNN and plenty of parking spaces.
Asking Price
$245,000
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Revenue
$960,000
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$130,000
Posting: 280280 | Available | 4/25/24
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
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$550,000
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Posting: 273277 | Available | 4/25/24
For sale is a well-established sushi restaurant in the affluent and dynamic beach community of Hermosa Beach. It has a great rent of $5,500 including NNN for 1,100+ sq ft. with plenty of parking spaces in the lot. its current monthly sale is $45,000 open for dinner only due to the employee shortage.
Asking Price
$175,000
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$69,000
Posting: 286246 | Available | 4/24/24
Seize the opportunity to acquire a prime location in North Orange County, perfect for continuing with the existing Pho Express or launching a new food concept. Situated in a bustling shopping center on a high-traffic street, this 900 sq ft space offers the ideal setting for culinary innovation.
Asking Price
$69,000
Cash flow
$120,000
Revenue
$780,000
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Posting: 286244 | Available | 4/24/24
Don't miss out on the chance to acquire this exceptional 2,200 sq. ft. Japanese sushi restaurant in a prime location. Take the next step towards owning a successful culinary business by contacting me today for more information and to arrange a private tour of the premises.
Asking Price
$170,000
Cash flow
$72,000
Revenue
$390,000
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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
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N/A
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Posting: 282202 | Available | 5/1/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
CALL ME
Revenue
$360,000
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Posting: 283283 | Available | 2/28/24
The owner is currently operating a sushi restaurant. The buyer can continue to run it as a sushi restaurant or change it to a different concept of their choice. The restaurant comes with almost all the necessary equipment. The available seating capacity is 80 seats.
Asking Price
$90,000
Cash flow
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Revenue
$1,000,000
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$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
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Revenue
$500,000
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$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
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$950,000
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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
$250,000
Revenue
$977,100
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$130,000
Posting: 281674 | Available | 4/15/24
A high-end luxury Thai restaurant in Camarillo, Ventura county is for sale with 17-year history. The average yearly sales are $977,000. Almost $1M. The net income is $250,000 (based in the 2023 sales). The store size is 2,200 sq ft. plus a 1,000 sq ft. patio. An SBA loan is possible.
Asking Price
$328,000
Cash flow
$118,652
Revenue
$620,210
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$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
$190,000
Revenue
$760,000
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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
$120,000
Revenue
$480,000
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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
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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
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Revenue
$360,000
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Posting: 286033 | Available | 4/8/24
The newly constructed building, which has undergone interior renovations, has been in operation for about 7 years, maintaining a clean and well-decorated atmosphere. The surrounding area consists entirely of apartment complexes with 1,900 units, making it advantageous to operate on.
Asking Price
$99,000
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Posting: 235165 | Available | 9/15/20
Famous Mandarin Touch Chinese Restaurant and Cocktail lounge for sale. Original owner for 33 years. Best location i trendy Solvang, Ca Beautiful indoor and outdoor dining, seats 160. Building is also for sale with 2 upstair penthouse style apts. 3,000,000 includes business, apts and liquor lic.
Asking Price
$800,000
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Posting: 278993 | Available | 4/28/24
This is an established Asian restaurant for sale in Santa Cruz County. This is a cute little restaurant tucked away in the shopping center. One of the best Chinese restaurants in Santa Cruz County. This spot has a secluded patio with outdoor tables that are spaced apart.
Asking Price
$220,000
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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
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Revenue
$4,600,000
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Posting: 284672 | Available | 3/1/24
The owner is absentee!! This Japanese restaurant is in a desirable downtown, excellent prime location, There is private ample parking on site with hard liquor licensed. This is a thriving restaurant with over $4 million/year in gross sales and 10 years of reasonable rent.
Asking Price
$3,990,000
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Posting: 284684 | Available | 5/2/24
This is an absentee-run Thai restaurant for sale in Santa Fe Spring of southeast Los Angeles county. The five major freeways traversing through the Santa Fe Springs Area include Interstate 5, Interstate 105, Interstate 605, State Route 60, and State Route 91. It is a freestanding building.
Asking Price
$180,000
Cash flow
$96,000
Revenue
$550,000
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$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
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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
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Posting: 278019 | Available | 4/30/24
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
$220,000
Cash flow
N/A
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N/A
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Posting: 282130 | Available | 4/9/24
For sale is a Chinese fast restaurant on busy Webster Street with a constant flow of foot traffic. This is one of the busiest areas in Alameda. It is bright and has high ceilings. The big kitchen has a 10' hood with a huge food preparation area. Two storages and an office. 1700sf. Rent is $2906.
Asking Price
$99,000
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Posting: 279670 | Available | 3/13/23
Korean Restaurant in the City of Huntington Beach area. Good location, all new fixtures and equipment with an ABC beer and wine license. Open Monday - Saturday.
Asking Price
$169,000
Cash flow
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Revenue
$900,000
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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
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Posting: 275083 | Available | 3/13/24
This is a family-owned Thai restaurant for sale in the Fairfield shopping plaza. This Thai spot is a gem in the local community. The place is tucked right behind McDonald's, hidden away in the corner of the shopping center like a little hidden gem. The seller is retiring and looking to sell.
Asking Price
$110,000
Cash flow
$133,000
Revenue
$918,000
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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
$350,000
Cash flow
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Revenue
$2,000,000
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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
$300,000
Revenue
$840,000
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Posting: 277833 | Available | 5/2/24
This is a 5-star Asian-inspired restaurant for sale in the Mission District off Valencia street. It was recently listed #14 on Yelp's top 100 restaurants to eat. The place is unassuming but the food is the bomb. It is located just blocks from Dolores Park and the popular Dolores Park Church.
Asking Price
$250,000
Cash flow
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Revenue
$340,000
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Posting: 284139 | Available | 3/17/24
This is a boba tea and snack + pho restaurant for sale in Rocklin shopping plaza shared with Safeway supermarket. The store has an inviting environment and that open-airy feeling. The room is brightly lit and basked in sunlight. The decor is cute but not overdone. It is approximately 1,200 sq ft.
Asking Price
$125,000
Cash flow
$84,000
Revenue
$564,000
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Posting: 271951 | Available | 4/4/24
For sale is an absentee-run, well-established Waba Grill in Los Angeles County, CA. It is located in a very busy area. It is a well-maintained store and has good equipment with reasonable rent. The seller has another business and he could not focus on this business. There is potential to grow.
Asking Price
$359,000
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
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
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.
Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California business.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.
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.
