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Posting: 285185 | Available | 4/18/24
This is a Korean restaurant for sale in the Tenderloin area. This restaurant has been there for over 15 years. It has under the market rent including utilities and water ($4,500) and the size of the restaurant is about 2,500 sq ft.
Asking Price
$200,000
Cash flow
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Revenue
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Posting: 285100 | Available | 4/18/24
For sale is a closed fast food restaurant that is located on busy Grand Avenue. All equipment and machines are there (all assets are included). The size of the restaurant is 2,600 sq. ft and the new rent will be $9,300. There's a fully equipped kitchen with a 15-foot hood (wok and walk-in cooler).
Asking Price
$49,999
Cash flow
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Revenue
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Down
$40,000
Posting: 286160 | Available | 4/17/24
The store has been excellently located at a town shopping center next to the supermarket for the last 16 years, under the same owner. Due to the seller's urgent health issue, it's an asset sale and a quick sale. There is great potential for buyers who have experience in alterations.
Asking Price
$40,000
Cash flow
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Revenue
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Down
$80,000
Posting: 286156 | Available | 4/17/24
The business has been excellently located at a major shopping mall next to Costco and Ross for the last 16 years under the same owner. The dry cleaning plant is fully equipped with a 60 lbs hydrocarbon machine, two washers, two dryers, and a compressor.
Asking Price
$80,000
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
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Revenue
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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
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Revenue
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$35,000
Posting: 285521 | Available | 4/15/24
For sale is a brand new, never-opened school ready for you to start enrolling. It is the perfect size for a new start-up and owner/operator. The owner purchased the existing school and closed it to remodel and license it but never reopened. So it is turn-key and ready to go. The capacity is 30.
Asking Price
$75,000
Cash flow
$128,672
Revenue
$338,325
Down
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Posting: 277208 | Available | 4/13/24
This is a successful floral design business specializing in weddings and the location makes it an ideal opportunity for the perspective buyer who wants a change in environment to improve their own quality of life.
Asking Price
$265,000
Cash flow
N/A
Revenue
$370,208
Down
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Posting: 285597 | Available | 4/12/24
Established ice cream and dessert parlor with a loyal clientele for sale now. Great location in an accredited commercial center at the heart of the vibrant Orange County. High traffic of 45,000 VPD in this busy corner with great neighbors. This is an asset sale. Motivated Seller.
Asking Price
$275,000
Cash flow
$100,000
Revenue
$400,000
Down
$100,000
Posting: 286096 | Available | 4/11/24
ProTech is a one stop shop to handle all technology needs. It has been 11+ years in business! It serves Monterey, Santa Cruz, and Santa Clara counties. Our expertise is the design integration, installation and audio/video service.
Asking Price
$400,000
Cash flow
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Revenue
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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
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Posting: 270675 | Available | 4/10/24
Located in Santa Barbara, this highly profitable cafe is a bustling scene for breakfast, brunch, and lunch and throughout the day for coffee, tea, and homemade pastries. The diverse menu boasts custom-made sandwiches and soups, delicious entrees, and daily house-made baked goods.
Asking Price
$449,000
Cash flow
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Revenue
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Posting: 274792 | Available | 4/9/24
For sale is a restaurant cafe in Santa Barbara, CA. It is at a high-traffic downtown Santa Barbara location! It is 883 sq. ft(sidewalk tables possible) and rent is $5,000 per month. The lease ends on 2/28/2025 and it was established in 1994.
Asking Price
$249,000
Cash flow
$18,360
Revenue
$109,992
Down
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Posting: 286072 | Available | 4/9/24
This coin operated laundromat in Sacramento, California has great visibility from a highly trafficked street, a loyal customer base, and ample parking.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$98,000
Posting: 282859 | Available | 4/9/24
Price reduced! This is a turnkey sushi restaurant for sale in the Beverly Grove area! This is a rare opportunity as the premises come with a non-expiring CUP that includes a Type 41 Beer & Wine license. The kitchen features a 10-foot hood and well-maintained kitchen equipment.
Asking Price
$98,000
Cash flow
$101,619
Revenue
$257,519
Down
Call/Email
Posting: 277146 | Available | 4/4/24
Profitable business ready for a new owner/operator. This is a copy and print shop in Northern California with a strong following of both individual and commercial customers. In business since 1986. It is suited to someone with basic computer skills. May qualify for E2 Investor Visa.
Asking Price
$140,000
Cash flow
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Revenue
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Posting: 278050 | Available | 4/3/24
For sale is a well-established dog grooming business on one of the busiest boulevards in Los Angeles and has been open for over 20 years. It is a great location with a consistent clientele. It has one of the highest daily traffic counts in the area. All equipment and inventory are included.
Asking Price
$90,000
Cash flow
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Revenue
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Posting: 285965 | Available | 4/3/24
Huge growth opportunity to increase sales by increasing hours, prices, and marketing. Huge opportunity for a more dedicated owner-operator. Currently, absentee-operated. Established business located downtown with busy foot traffic; located near SJSU. The store is recovering nicely from COVID.
Asking Price
$130,000
Cash flow
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Revenue
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$150,000
Posting: 285958 | Available | 4/2/24
For an asset sale is a great casual restaurant location on Lincoln Blvd for a high-end Japanese menu. It is 1,270 sq ft. with a patio. Rent is $12,000 including NNN. There is a beer/wine License. The buyer can convert it into other restaurants with the landlord's approval.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
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Posting: 285245 | Available | 4/1/24
This shop has low rent and is priced to sell! This is a fantastic opportunity for a low-rent hot sandwich shop with great potential. They have ample working space in the kitchen, plentiful seating, and tons of parking. This is a great space for maximizing Uber Eats & Door Dash.
Asking Price
$70,000
Cash flow
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Revenue
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Posting: 285349 | Available | 3/29/24
Hammond Glass Engraving & Gifts has been an important part of the vibrant Santa Cruz County business community for 43 years. Hammond was selected for the 2020 Best Of Aptos in the Trophy Shop Category and maintains a Five-Star Yelp review.
Asking Price
$15,000
Cash flow
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Revenue
Call/Email
Down
$225,000
Posting: 285886 | Available | 3/28/24
This is an asset sale. The cost to build this restaurant from scratch would be $600,000+ and take at least 1 year. It is a double unit with 2 full kitchens. 20 ft. and 11 ft. Type 2 hoods. Allowed Concepts: Thai, Korean, Malaysian, Indian, Hot Pot, Kebob, etc.
Asking Price
$225,000
Cash flow
$100,000
Revenue
$100,000
Down
$149,000
Posting: 280291 | Available | 3/26/24
New opportunity to move your existing patient base into a State-of-the-Art, turn-key, USP-800 compliant retail pharmacy in the South Bay, approx. 3 miles from two major hospitals and situated on lush grounds with waterfalls, on the ground-floor, in a bustling, Class A medical area.
Asking Price
$149,000
Cash flow
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Revenue
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$320,000
Posting: 285860 | Available | 3/26/24
Tangible Asset Sale! This establishment marks its first appearance on the market in 48 years, offering a rare opportunity in Little Tokyo's prime location. The prospective new lease comes with the possibility of a reasonable base rent compared to the prevailing market rates in the area.
Asking Price
$320,000
Cash flow
N/A
Revenue
N/A
Down
$2,950,000
Posting: 283090 | Available | 3/26/24
We present a remarkable opportunity to acquire a well-established auto repair shop, complete with its free-standing building boasting 8 lifts (2 currently not in operation) and a top-notch alignment rack. Nestled in an upscale residential area with a thriving community.
Asking Price
$2,950,000
Cash flow
N/A
Revenue
N/A
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Posting: 285837 | Available | 3/26/24
This restaurant is located in a community shopping center next to a supermarket. Rent is only $3,400/month. It is great for delivery or takeout. It is profitable as-is, also you can convert it to your own concept with an approval from he landlord.
Asking Price
$89,000
Cash flow
N/A
Revenue
N/A
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Posting: 284034 | Available | 3/26/24
This restaurant is located on the busy 7th Street in Long Beach. The kitchen features a 14-foot hood, a grease trap under the dishwashing sink, and fixtures, furniture, and equipment (FF&E) in good condition. The sale also includes a Type 41 beer and wine license.
Asking Price
$98,000
Cash flow
Call/Email
Revenue
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Down
$75,000
Posting: 285808 | Available | 3/23/24
Discover a unique opportunity to own a flourishing hair and beauty salon in San Diego's lively area. This turnkey business features a chic, modern interior, and advanced equipment.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
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Posting: 286054 | Available | 5/16/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
Cal//Email
Revenue
$1,400,000
Down
$112,500
Posting: 286469 | Available | 5/15/24
An established boba business is selling a high-performing store, along with exclusive territory rights for the Bay Area. The business offers several streams of residual income and operates as a turnkey operation, making it easy to manage. However, potential buyers must possess restaurant experience.
Asking Price
$750,000
Cash flow
$82,216
Revenue
$731,213
Down
$150,000
Posting: 283846 | Available | 5/18/24
This charming breakfast and lunch restaurant caters to your taste buds for breakfast and lunch. In business for 25 years and nestled in the heart of a rustic marina, this restaurant is a cozy and inviting space that exudes a warm, rustic ambiance. Our menu features a delectable array of dishes.
Asking Price
$150,000
Cash flow
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Revenue
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Posting: 284105 | Available | 5/15/24
This is an absentee-run Subway franchise for sale in a busy shopping centre near Safeway. There is a lot more potential for more profits/sales with an owner-operator. This store was recently remodeled. Subway is the world's largest sub sandwich chain with more than 40,000 locations.
Asking Price
$120,000
Cash flow
N/A
Revenue
N/A
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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
$4,500,000
Down
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Posting: 285309 | Available | 5/15/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
N/A
Revenue
N/A
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Posting: 285637 | Available | 5/12/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
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Revenue
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Posting: 286238 | Available | 5/16/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Bldg Size
Call / Email
Space Being Rented
Call / Email
Year Built
Call / Email
Posting: 286615 | Available | 5/16/24
We own a grocery store and have a space in our parking lot for either a food truck or a taco truck. It is a very busy store and is a great space with lots of homes in community. Terms are negotiable. (Store is open from 6am to 12am, so no issue on hours of operation).
Lease Amount
$0
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/12/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
$525,000
Down
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Posting: 285786 | Available | 5/17/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
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Revenue
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Posting: 284472 | Available | 5/15/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 5/12/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
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Revenue
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Posting: 285056 | Available | 5/16/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 5/14/24
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 5/18/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
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Posting: 283560 | Available | 5/2/24
This is an established dry cleaning business for sale in San Francisco, CA. The owner is retiring after 20 years in the business. The business opportunity is for sale. Real estate is not part of the sale. It has a great reputation at a good location with steady foot traffic.
Asking Price
$280,000
Cash flow
$408,328
Revenue
$2,041,642
Down
$450,000
Posting: 279003 | Available | 7/5/23
Jinky's Cafe/Restaurant is in a highly visible corner location on Ventura Blvd in Studio City, CA, close to CBS Studios. This restaurant is well known for breakfast, lunch, and dinner items. Jinky's Cafe has a well-established name for over 20 years.
Asking Price
$600,000
Cash flow
Call/Email
Revenue
$840,000
Down
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Posting: 281297 | Available | 9/7/23
For sale is a fast food restaurant with an excellent location. It has been established for 35 years under the same owner at 4,200 sq ft. and is fully equipped with a walk-in cooler, freezer, office, and employee lockers. It serves burgers, tacos, burritos, and more. But a new concept can be used.
Asking Price
Reduce Price 275K
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 280736 | Available | 5/15/23
Brand new built Japanese Ramen restaurant located in a very high demand area on major South Street. The seller has to sell it quickly due to employee shortages and it's an Asset sale. The buyer has to change the DBA without training. Great location!
Asking Price
$249,000
Cash flow
Call/Email
Revenue
$3,000,000
Down
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Posting: 281719 | Available | 7/19/23
This exceptional restaurant for sale in the greater La Quinta area offers not only prime real estate and parking on the premises but also includes a Type 47 liquor license. The restaurant itself is a stunning establishment, featuring a stylish and contemporary interior design.
Asking Price
$4,250,000
Cash flow
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Revenue
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Posting: 268953 | Available | 6/29/23
This catering service company provides set catering services to major Hollywood, movie, and TV, studios, and productions at ABC, NBC, and CBS. The company is based in Van Nuys. The current seller is willing to stay on for 3-6 months, to assist new buyers to establish and maintain relationships.
Asking Price
$1,950,000
Cash flow
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Revenue
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Posting: 274138 | Available | 4/26/24
For sale is a pizza restaurant with a catering business. This business is in a great location in SF (SOMA District). Rent is percentage rent (6~8% of gross sale) and that includes water and PG&E. There are two types 1 hood and hoods are 4 feet long. The current monthly sale is about $80,000+.
Asking Price
$249,999
Cash flow
Call/Email
Revenue
$1,200,000
Down
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Posting: 286495 | Available | 5/9/24
For sale is a grand scale, high volume, profitable Chinese restaurant that operates within a 6,000 square foot standalone building with super low rent.
Asking Price
$1,200,000
Cash flow
$130,000
Revenue
$600,000
Down
$100,000
Posting: 281107 | Available | 2/29/24
For sale is a teriyaki restaurant that sells sushi, rolls, and ramen. It is open 6 days a week (Sunday closed) and the hours are from 11am-8pm, so it is easy to run. There are 3 employees every 4 hours and the seller has owned it for 13 years. If opened on Sundays, sales can increase by $10,000.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$600,000
Down
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Posting: 280703 | Available | 2/3/24
This is a great location on a major street intersection located in North Orange County. It is a sports bar and tavern with full liquor, entertainment, and live music for sale. This is the local's favorite go-to spot for sports games, happy hours, live music, and top DJs.
Asking Price
$600,000
Cash flow
Call/Email
Revenue
$425,000
Down
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Posting: 284293 | Available | 4/11/24
This Northern California based Coffee Shop is a California Sub-Chapter S Corporation and was formed 4 years ago and has been under current ownership since inception. Their coffees are carefully selected from the best coffee farms from around the world. The shop has a great centralized location.
Asking Price
$275,000
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
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
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
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
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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.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
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.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
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.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
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.
