Cash flow
$261,360
Revenue
$1,423,656
Down
Call/Email
Posting: 286182 | Available | 4/18/24
This is a sushi restaurant located in a plaza with a lot of traffic. It is currently open 5 days a week, but sales are expected to increase even more if it opens on Sundays. Currently operating 5 days a week, the average monthly sales is $120,000. This restaurant has a lot of regular customers.
Asking Price
$479,000
Cash flow
$96,000
Revenue
$600,000
Down
$50
Posting: 286175 | Available | 4/17/24
There is a sushi restaurant in Placentia with low rent, only open 5.5 days a week, closed on Tuesday and open for only half a day on Saturday. The rent is only $1,200 per month, and there is potential to grow this business since the owner only works 3 days a week.
Asking Price
$180,000
Cash flow
N/A
Revenue
N/A
Down
$55,000
Posting: 284562 | Available | 4/16/24
This Chinese fast-food restaurant is on the market for sale in an "as-is" condition, as an asset sale. The new owner has the flexibility to either retain the existing menu or introduce a completely new concept. The restaurant boasts a prime location.
Asking Price
$55,000
Cash flow
$190,000
Revenue
$540,000
Down
$145,000
Posting: 283053 | Available | 4/16/24
A renowned Japanese restaurant nestled in a distinguished neighborhood, proudly serving the community for over 40 years. A valid beer and wine license is included. It also has a state-of-the-art sushi bar. A comprehensive wine bar stocked with a broad selection.
Asking Price
$145,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$85,000
Posting: 283970 | Available | 4/16/24
Discover an exceptional opportunity to own a distinguished Indian restaurant nestled in the affluent region of Orange County, renowned for its authentic Indian cuisine and dedicated clientele. This family-operated gem stands out for its fidelity to traditional flavors.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$99,000
Posting: 285203 | Available | 4/16/24
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 2,500 sq. ft with a rent of $13,000 including NNN and plenty of parking spaces. It has a full kitchen hood and a walk-in cooler. It has a beer and wine license.
Asking Price
$99,000
Cash flow
$156,000
Revenue
$480,000
Down
Call/Email
Posting: 285058 | Available | 4/16/24
This restaurant has sufficient potential, and all equipment is available, so you can start a business right away. It has a lot of to-go orders, so operation is not difficult. You can change the concept to any type of restaurant or keep this concept. There is no alcohol license. Must see!
Asking Price
$159,000
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
$250,000
Revenue
$977,100
Down
$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
$120,000
Revenue
$696,000
Down
$168,000
Posting: 285649 | Available | 4/15/24
For sale is a prime location in Azusa. It is a Japanese sushi & roll restaurant with beer and wine. The store size is 1,600 sq ft. The restaurant is located next to Chipotle, Urbane Cafe, Starbucks. Rolls & salmon make up 80% of their sales. The food cost is 35% approximatel
Asking Price
$168,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285540 | Available | 4/15/24
For sale is a Japanese sushi restaurant located in a great area with outside seating and reserved parking. The seller has multiple restaurants and he lives outside of this area. This is the reason for the sale. Most customers are individuals; many regular customers come from high-tech companies.
Asking Price
$96,000
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
$1,380,000
Down
$200,000
Posting: 282936 | Available | 4/15/24
For sale is a well-established and famous Korean restaurant in Riverside County. Its current monthly sale is about $115,000, and open 6 days a week. It has a spacious 3,500+ sqft with a full kitchen, grease interceptor, and about 10 table hoods for K-BBQ. Its current rent is about $10,300 (w NNN).
Asking Price
$555,000
Cash flow
Call/Email
Revenue
$550,000
Down
$100,000
Posting: 281143 | Available | 4/15/24
For sale is a well-established Japanese sushi restaurant that's been in the community for a long time. The community is still growing year by year with new house track construction for the middle class. Currently, the restaurant is open 6 days/wk with an a la carte menu. It has a beer/wine license.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
$972,000
Down
$100,000
Posting: 285565 | Available | 4/15/24
For sale is a well-established and famous Korean bibimbap place at Culver City shopping mall where it is busy all the time. Its monthly sale is about $81,000+. Its rent is $22,000 includes NNN, electricity, and storage. It is easy to operate and manage as it is absentee-owned.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/EmailA restaura
Posting: 286128 | Available | 4/15/24
A restaurant is for sale in the industrial and residential area, currently operating as an Indian restaurant. The size of the restaurant is 900 sq ft, and the rent is $3800, including CAM. There is a Type 1 in the kitchen, and it is 10 feet long. The lease term is 2 years, renewable every 2 years.
Asking Price
$150,000
Cash flow
$180,000
Revenue
$528,000
Down
$400,000
Posting: 286123 | Available | 4/14/24
A well-established Korean-style teriyaki restaurant is located in Riverside's newer area, boasting 13 years of ownership under the same proprietor. With a low food cost of only 24%, it offers high margins and is professionally set up akin to a franchise.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
$950,000
Down
Call/Email
Posting: 286105 | Available | 4/12/24
For sale is a Chinese restaurant in a busy shopping center near the Premier outlet. It is in newer condition with clean and high ceilings. The size of the restaurant is 1,400 sq ft. and rent is $8,900 including CAM and water & garbage. There's a 16-foot hood in the kitchen.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 283144 | Available | 4/12/24
For sale is a well-established sushi restaurant in the community that has 4.6 stars on Yelp! Currently, the restaurant is open 5.5 days a week with an A La Carte Menu. It is a good size of 1,800 sq ft. with a great rent of $1,800 including NNN and plenty of parking spaces.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
$400,538
Down
$69,000
Posting: 284655 | Available | 4/11/24
For sale is a South Orange County Asian BBQ grill restaurant with great food & 5-star reviews. The restaurant is located in a shopping center anchored by a movie theater and surrounded by a lot of offices & businesses with great daytime employees and residential neighborhoods.
Asking Price
$69,000
Cash flow
$240,000
Revenue
$900,000
Down
$120,000
Posting: 281611 | Available | 4/11/24
For sale is a great and well-established sushi restaurant in the affluent and dynamic community of Fountain Valley. It has a great rent of $3,850 including NNN for 1,300+ sq ft. with plenty of parking spaces in the lot. its current monthly sale is $75,000 with open 6 days a week. Beer/Wine. SBA.
Asking Price
$350,000
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
$215,000
Revenue
$444,767
Down
Call/Email
Posting: 286087 | Available | 4/10/24
This is a rare opportunity to own a well established franchise sushi bar business. It is located in a well known big supermarket in Peninsula since 2005. This is a simple operating business with a clean book and record. Seller claims the annual operating net income is about $215,000.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285588 | Available | 4/10/24
This is an amazing casual Japanese sushi restaurant for sale in Emeryville. It is located near a high-tech office, Starbucks Coffee, and has easy access to highways 580, 80, and 880 plus the Emeryville Amtrak station. The decor is a mix of traditional woods with Japanese items.
Asking Price
$145,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 284685 | Available | 4/10/24
This is an absentee-run Asian comfort restaurant for sale near UC Berkeley campus. It is located in an Asian ghetto food court in a bustling environment full of mainly students. It has a cute interior, narrow but cozy with bar tables with tall chairs. It has been established for 17 years.
Asking Price
$165,000
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
$90,000
Revenue
$480,000
Down
$198,000
Posting: 285537 | Available | 4/9/24
For sale is a profitable Korean fried chicken restaurant located in a busy strip center in San Diego County, CA. It has a beer & wine license / Type 41. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer., and a large 500-gallon grease trap outside the kitchen.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284229 | Available | 4/9/24
For sale is an established, profitable sushi restaurant in the greater Modesto area. With over $1,000,000 in annual sales, it comes with strong cash flow. The 3500 SF restaurant is conveniently located off a busy street, in a shopping center, near an upscale residential area.
Asking Price
$120,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
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 / 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
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
$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
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
$90,000
Revenue
$375,000
Down
Call/Email
Posting: 285599 | Available | 3/11/24
For sale is a fantastic opportunity for a long-time successful sushi restaurant! It has been 27 years in business with a very well-known and established name. They have great reviews and ratings with a large customer following. It is a super location with a permitted parklet.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$720,000
Down
$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
Cash flow
Call/Email
Revenue
$960,000
Down
$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
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
Call/Email
Revenue
$1,380,000
Down
$200,000
Posting: 282936 | Available | 4/15/24
For sale is a well-established and famous Korean restaurant in Riverside County. Its current monthly sale is about $115,000, and open 6 days a week. It has a spacious 3,500+ sqft with a full kitchen, grease interceptor, and about 10 table hoods for K-BBQ. Its current rent is about $10,300 (w NNN).
Asking Price
$555,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/EmailA restaura
Posting: 286128 | Available | 4/15/24
A restaurant is for sale in the industrial and residential area, currently operating as an Indian restaurant. The size of the restaurant is 900 sq ft, and the rent is $3800, including CAM. There is a Type 1 in the kitchen, and it is 10 feet long. The lease term is 2 years, renewable every 2 years.
Asking Price
$150,000
Cash flow
$180,000
Revenue
$1,140,000
Down
Call/Email
Posting: 285021 | Available | 2/6/24
This sushi restaurant It is located in a plaza with a lot of traffic. There are many famous restaurants in the same plaza, such as Taco Bell, Dunkin Donuts, a Thai restaurant, and Jersey Mike's, so there is a lot of floating population. It is currently open only 5 days a week.
Asking Price
$389,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286358 | Available | 5/1/24
A Chinese restaurant for sale, beautifully designed and built from scratch in 2017, is now on the market. The property is up to code and features ample parking. Inside, there are ten hoods above tables with table stoves, along with a beer and wine license.
Asking Price
$190,000
Cash flow
$180,000
Revenue
$720,000
Down
$350,000
Posting: 285184 | Available | 2/15/24
For sale is a profitable and well-established Korean fried chicken restaurant in a busy strip center in San Diego North County. Rent is $8,800 including NNN by 1,400 sq ft. lease 4y + op. There's a fully equipped kitchen type 1 hood, unit cooler/freezer, and a large grease trap outside the kitchen.
Asking Price
$350,000
Cash flow
$93,600
Revenue
$1,080,000
Down
$378,000
Posting: 285272 | Available | 3/26/24
Nestled in the heart of Solano County, CA, this restaurant presents a unique opportunity for culinary entrepreneurs and restaurant investors. Well-established restaurant is renowned for its delectable selection of Korean dishes & Korean-style fried chicken dishes that promise an authentic taste.
Asking Price
$378,000
Cash flow
N/A
Revenue
N/A
Down
N/A
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
$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
$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: 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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 268159 | Available | 5/2/24
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
$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
Call/Email
Revenue
$276,000
Down
All Cash
Posting: 286043 | Available | 4/8/24
The brand-new establishment was opened three months ago. The seller urgently needs to sell it due to the need to return to Korea to take care of his ailing father, who is suffering from a serious health condition. The menu concept is great and easy to learn.
Asking Price
$118,000
Cash flow
Call/Email
Revenue
$500,000
Down
Call/Email
Posting: 285188 | Available | 2/15/24
A Japanese sushi restaurant located in Simi Valley is currently on the market. Boasting 14 seats at the sushi bar and an additional 32 seats in the dining room, it offers ample space for patrons to enjoy their dining experience.
Asking Price
$190,000
Cash flow
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: 284229 | Available | 4/9/24
For sale is an established, profitable sushi restaurant in the greater Modesto area. With over $1,000,000 in annual sales, it comes with strong cash flow. The 3500 SF restaurant is conveniently located off a busy street, in a shopping center, near an upscale residential area.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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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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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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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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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.
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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 latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
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.
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.
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!
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.
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.
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.
