Status: Off The Market
Posting ID: 243374
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Asking Price
NOTE: This BizBen Posting #243374 Elderly Care Facility RCFE - Business Only in Escondido, San Diego County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
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Posting: 286166 | Available | 5/17/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
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Posting: 284350 | Available | 4/26/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. This home health care agency is fully licensed by California DPHS-Accredited by ACHC-Medicare Provider, which is in place with a tie-in notice. They can serve 6 counties.
Asking Price
$275,000
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Posting: 279942 | Available | 11/29/23
A brand new startup hospice in San Diego, CA is up for sale! With Medicare and Medical capabilities, this hospice is ready to start billing immediately upon closing and has never been billed before. CHAP accreditation ensures quality care, and there are no CAP issues or census.
Asking Price
$399,000
Cash flow
$241,177
Revenue
$1,050,622
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Posting: 286595 | Available | 5/16/24
This is a 12-year-old home care agency for sale in north San Diego County, CA. The business is solid, profitable, and turn-key for the next owner, with unlimited growth potential in a high demand service business. The service provided to the community is much needed.
Asking Price
$750,000
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$250,000
Posting: 283043 | Available | 3/14/24
If you are looking for an operating clean skilled home health agency that is past its 36-month rule criteria, our Tarzana-based agency (Los Angeles County) is a perfect fit. The agency is currently being run by an experienced healthcare team that for licensing purposes has kept a 2 patient census.
Asking Price
$250,000
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Posting: 275791 | Available | 2/26/23
This Sherman Oaks area home-health care agency provides high-quality home-health care services to promote health and improve its client's quality of life. The services they offer include nursing, physical therapy, occupational therapy, speech pathology, medical social and home health care.
Asking Price
$250,000
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Posting: 277528 | Available | 7/28/23
This home health agency is for sale in the Sunland Tujunga, California area. The company has been operating since 2017, has a current census of 28, and is fully staffed. The total projected revenue for 2022 is $700,000.
Asking Price
$349,000
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Posting: 284313 | Available | 12/15/23
A combined Home Health and Hospice agency in Texas, close to Dallas, available for sale. Both Home Health and Hospice services are 100% Medicare. Has little to no census for both services, and holds ACHC Accreditation. This is a statewide agency covering the entire state of Texas.
Asking Price
$399,000
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Posting: 285984 | Available | 4/4/24
Located in Lake Havasu, Arizona, this home health agency presents a turnkey opportunity for acquisition, ideal for investors seeking immediate entry into the market. With a solid track record of success and significant growth potential, this agency is well-positioned for continued expansion.
Asking Price
$1,200,000
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Revenue
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$400,000
Posting: 282754 | Available | 3/14/24
We have a unique opportunity to acquire an operating and ready to continue billing skilled home health agency in Orange County! This agency comes to the marketplace with a historically low census which is ideal for an incoming operator. The agency is owned by an RN.
Asking Price
$400,000
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Posting: 286225 | Available | 4/22/24
Are you interested in entering the home health sector in the vibrant Los Angeles area? This is a unique opportunity to acquire a newly established Medicare-certified Home Health Agency, serving multiple counties in Southern California.
Asking Price
$190,000
Cash flow
$635,000
Revenue
$8,840,000
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Posting: 285758 | Available | 5/12/24
Hospice located in Houston Texas, is currently for sale. This hospice has excellent financial performance. Passed and completed ADR Accreditation: ACHC, Certifications: Medicare Certification and recently renewed survey. Census: Over 20, Absolutely no Cap.
Asking Price
$1,500,000
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Posting: 286004 | Available | 4/5/24
Detroit, MI Home Health. Established 2019, exempt from the 36-month rule, immediate operational continuity. Medicare certified, accepting major insurance plans, diverse payer mix and consistent reimbursement streams. Strong track record of profitability and loyal staff willing to stay.
Asking Price
$719,000
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Posting: 284051 | Available | 11/28/23
A remarkable opportunity is available with the sale of an established Hospice business in Los Angeles, California. Operational since 2015, this business is not subject to selling restrictions or affected by the 36-month or 5-year rules. It covers a strategic area, including LA County/San Fernando.
Asking Price
$300,000
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$180,000
Posting: 285054 | Available | 3/14/24
Are you ready to take the reigns of a ready to bill skilled home health agency in Pasadena, California (Los Angeles County)? Look no further! Situated in the heart of Pasadena, this well-established home health business enjoys proximity to renowned healthcare facilities and a vibrant community.
Asking Price
$180,000
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Posting: 283600 | Available | 3/11/24
For sale is a licensed for 6 elderly care home located in a quiet residential neighborhood. The facility license is for 6 non ambulatory of which 1 may be bedridden, with a hospice waiver for 3 residents. The property is selling for $850,000 & the business is selling for $100,000.
Asking Price
$850,000
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Posting: 281886 | Available | 11/29/23
An excellent opportunity presents itself with the sale of a well-established home health agency in Woodland Hills, California. This agency is fully prepared to bill both Medicare and Medicaid, providing a seamless start for the new owner.
Asking Price
$249,000
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Revenue
$420,000
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Posting: 285330 | Available | 3/26/24
This is an RCFE for sale in West Los Angeles in the Miracle Mile neighborhoods, just east of Beverly Hills and South of Fairfax District. This is a well-run and high revenue generating Assisted Living Facility/RCFE for sale. It is a sprawling property in a multi-million-dollar neighborhood.
Asking Price
$225,000
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Posting: 282406 | Available | 8/25/23
An exclusive opportunity presents itself with the sale of a Home Health License in Beverly Hills, California. This license, which includes ACHC survey approval for initial licensing, offers the potential to establish a Home Health agency in a sought-after location.
Asking Price
$60,000
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Posting: 286002 | Available | 4/5/24
San Bernardino, California Home Health, lucrative opportunity for turnkey business. Solid foundation built over a decade, stable census, and a team willing to stay on board, immediate revenue generation potential. Accredited by ACHC, clean audit history. Covers multiple high-demand counties.
Asking Price
$719,000
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Posting: 284070 | Available | 5/10/24
Here's your chance to acquire a thriving Home Health Agency in Los Angeles, California. With impressive revenue figures, full Medicare census, prestigious contracts, and accreditation, this agency is primed for success.
Asking Price
$1,800,000
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$120,000
Posting: 281761 | Available | 2/29/24
This 2-year-old Palm Springs Area residential care facility for the elderly (RCFE) licensed with the Department of Social Service for 6 beds boasts a warm and compassionate environment in a spacious and well-manicured living space for elderly residents in need of personalized care and support.
Asking Price
$158,000
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Posting: 285708 | Available | 3/19/24
Established in 2019, current census of 15, and impressive revenue figures for 2023. Accepts a variety of payors. Holds important accreditations and licenses, including CHAP accreditation, a California home health license, and a CLIA license. Covers several counties in Northern California.
Asking Price
$1,200,000
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$159,000
Posting: 279586 | Available | 5/17/24
Home Health Care Agency-Brand New-Never Operated-Fully Licensed By CDPHS-Accredited By ACHC-Medicare Provider In Place-Ready To Bill -Licensed To Do Business In 5 different counties (LA-Orange-Ventura-Sun Bernardino-Riverside)-Relocatable.
Asking Price
$159,000
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Posting: 281881 | Available | 7/31/23
Unique and incredible Home Health and Hospice Franchising Agency available in Minnesota. With a total revenue of $1,000,000 in 2022 and a well-balanced payer mix, this franchise holds immense potential for growth and expansion.
Asking Price
$750,000
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Posting: 282761 | Available | 3/18/24
For sale is a beautiful vacant 30-beds assisted living facility with Riverside County's conditional use permit CUP. It's a 7,700 sq. ft building on 7.99 acres of land zone R2 and can be further extended to build condos, single-family homes, and 30 mobile homes.
Asking Price
$2,950,000
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$50,000
Posting: 284876 | Available | 3/14/24
We have an excellent opportunity for you to get ahead of the curve by purchasing this existing business located in Tarzana in Los Angeles County. This business received its CDPH license and its NPI number in 2019. The business is NOT yet certified.
Asking Price
$50,000
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$45,000
Posting: 284732 | Available | 3/14/24
We have a licensed home health agency ready to be taken through the accreditation phase of the home health process. The seller recently opted to reduce the price. The agency is located in North Hollywood (LA County) with the initial licensing date being June of 2023.
Asking Price
$45,000
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
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Revenue
$960,000
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Posting: 286537 | Available | 5/12/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
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Revenue
$4,500,000
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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
$175,000
Revenue
$525,000
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$300,000
Posting: 276123 | Available | 5/17/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
$74,842
Revenue
$142,544
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$125,000
Posting: 280801 | Available | 5/15/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
$60,000
Revenue
$270,000
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Posting: 279964 | Available | 3/30/23
For sale is a grocery/market with lots of potential and sales continue to increase. There is no meat, or produce, and they do not take EBT. It is easy to run. open hours are only from 10 am-8 pm. Rent is $2,000 for the 1,800 sq ft. The lottery income is $600-700 per month.
Asking Price
$70,000
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Revenue
$265,000
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Posting: 277121 | Available | 1/24/23
This is an excellent opportunity to own a flower shop in San Gabriel Valley. Training and support will be provided to the buyer. Owner financing is also possible as well. The annual gross sales were $265,000 and the asking price is $120,000.
Asking Price
$120,000
Cash flow
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Revenue
$800,000
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$1,250,000
Posting: 286193 | Available | 4/19/24
Are you searching for a prime investment opportunity in the heart of Lancaster, CA? Look no further! We present to you an incredible chance to own the renowned Shell Gas Station located in Antelope Valley.
Asking Price
$4,999,000
Cash flow
$72,000
Revenue
$720,000
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Posting: 266972 | Available | 3/18/21
Has been there for many decades and this market property is a historic building in San Pedro. Motivated seller is offering this well established business with the food permit, very reasonable rent. Asking price $269,000. Gross sales are $720,000 yr. Net profit is approx $ 72,000 yr. 3,500 sq ft.
Asking Price
$269,000
Cash flow
$180,000
Revenue
$720,000
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Posting: 286507 | Available | 5/9/24
A well-established smoke shop, located in a great shopping center near Arcadia and Duarte, is currently a steady and profitable business. The owner is planning to retire. The gross sales amount to $60,000 a month, making this a good opportunity for potential buyers.
Asking Price
$185,000
Cash flow
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Revenue
$1,320,000
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$800,000
Posting: 283191 | Available | 1/25/24
This is a freestanding liquor and wine shop with the property for sale in the Los Angeles area. They have a great gross profit and extra income. It is mainly employee-run. It is in a mixed-area. It is 4,800 sq. ft on a lot size of 7,000 sq. ft. Business hours are 7am-12am every day.
Asking Price
$3,499,000
Cash flow
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Revenue
$960,000
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$800,000
Posting: 285901 | Available | 3/29/24
For sale is a liquor store with property. A 2 bedroom 1 bath house is included in the back. They have good parking space on the side of the property with easy street parking. It is in a mixed area near LAX airport with no ABC conditions. They have Lotto and accept EBT. It is around 2,600 sq ft.
Asking Price
$3,200,000
Cash flow
$100,000
Revenue
$265,452
Down
$235,000
Posting: 285614 | Available | 3/12/24
This recently established retail pharmacy is located in one of the largest medical centers of Burbank, Los Angeles County, California. It is located near 134/101 highways, not far from the Burbank airport. It averages 30-35 retail scripts a day and have 25-30 prescribing doctors.
Asking Price
$235,000
Cash flow
$685,960
Revenue
$2,572,680
Down
$500,000
Posting: 285082 | Available | 2/9/24
This is a great opportunity to invest and operate a well-established retail pharmacy located near Downtown Los Angeles in the general area of Huntington Park, South Gate, Vernon, and South Central of Los Angeles County. Established in 1958, conveniently located near 110 and 10 highways.
Asking Price
$948,800
Cash flow
$56,608
Revenue
$283,039
Down
$119,400
Posting: 279450 | Available | 7/6/23
Yissy's Ice Cream is an ice cream distributor selling wholesale to businesses and retailing at our warehouse location. We distribute only the highest quality products. All of our products and processes exceed the State of California health and safety Standards. Our warehouse is open to the public.
Asking Price
$199,000
Cash flow
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Revenue
$487,000
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Posting: 284735 | Available | 1/18/24
Wild Birds Unlimited is the leading brand for backyard bird feeding supplies. This strong franchise system supports its franchisees in every meaningful way. This profitable location has exclusive rights to one of the most affluent territories in the country. Sales and cashflow are up in 2023 over pr
Asking Price
$95,000
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Posting: 280543 | Available | 2/25/24
This is a ladies' jewelry and fashion accessories store for sale in downtown Los Angeles, fashion district. It is a good location with reasonable rent. It is easy to run and there is good potential for it to grow. They do retail and wholesale. This is an asset sale.
Asking Price
$30,000
Cash flow
$240,000
Revenue
$1,440,000
Down
$1,250,000
Posting: 282019 | Available | 2/22/24
For sale is a liquor store - its size is more than 4,500 sq. ft and the lot size is more than 7,000 sq. ft. The total net sales income after all expenses is about $240,000 / year.
Asking Price
$3,750,000
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Revenue
$396,000
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$109,000
Posting: 285741 | Available | 4/21/24
For sale is a newly established Korean snack shop in the busy Northridge area. The current monthly sale is over $33,000. Its size is 1,100 sq. ft and its rent is $4,000 including NNN. It currently serves Korean drinks and street food.
Asking Price
$109,000
Cash flow
$60,000
Revenue
$221,000
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Posting: 283903 | Available | 2/8/24
For sale is a hardware store in a good area near UCLA. Items sold include tools, fasteners, building materials, hand and power tools, lumber, keys, locks, chains, plumbing supplies, and more. Business hours are from 8:30am-6pm during weekdays, 9am-4pm on Saturdays, and closed Sundays.
Asking Price
$75,000
Cash flow
$100,000
Revenue
$650,000
Down
$80,000
Posting: 285767 | Available | 4/18/24
This convenience market, resembling a 7-11 style, has been owned by the seller for 16 years. With an average gross sales of $55,000 per month, it boasts a 35% margin, making it easy to run. The store, spanning 1,620 square feet, excludes meat and produce. Stable Revenues.
Asking Price
$145,000
Cash flow
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Revenue
$658,031
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$650,000
Posting: 282898 | Available | 3/12/24
This profitable cookie store franchise is located in an upscale affluent area on the northern side of the Palos Verdes peninsula. It is semi-absentee-owned and fully staffed. The cookies are baked fresh every day and come in luxuriously high-end flavors with a delectable selection.
Asking Price
$689,000
Cash flow
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Revenue
$900,000
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$350,000
Posting: 285441 | Available | 5/9/24
For sale is a very clean and nice liquor and wine shop at city of Torrance with nice ample parking space. It is in a safe location and busy street in a mini shopping center. The size is about 2,100 sq ft. for a rent/lease of $6,100 plus NNN ($800).
Asking Price
$550,000
Cash flow
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Revenue
$210,000
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Posting: 280101 | Available | 3/23/24
Motivated to sell! The price went down. This cleaner is in Arcadia, CA. This store sells cleaner of a full of plant with equipment and furniture. This one owned for 30 years by one owner. The rent is a reasonable number. This cleaner is located big shopping center surrounded by residential houses.
Asking Price
$89,000
Cash flow
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Revenue
$696,000
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$1,000,000
Posting: 285065 | Available | 4/17/24
This is a gas station is for sale (business only). The station is pumping 60kg a month at 60 cents a gallon. The beer & wine market sales are $60k a month. Lotto sales are $1,700 a month. You can get additional income from ATM & Bitcoin. They have very low rent $5,100 a month.
Asking Price
$2,999,000
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Posting: 285869 | Available | 3/27/24
For sale is a well-established grocery market in Gardena. The sales are $95K per month (including meat $30K). The net income is $14,000 per month. The gross rent is $5,000 per month with 5 years fixed. The terms are 5 + three 5-year options.
Asking Price
$480,000
Cash flow
$120,000
Revenue
$650,000
Down
$110,000
Posting: 283943 | Available | 1/8/24
For sale is an employee-run market near downtown. The owner is selling to retire for health concerns, The opening hours are every day from 10:00 am-9:00 pm. There is no meat or produce and it is easy to operate. There is room for growth/lots of potential and no competition.
Asking Price
$220,000
Cash flow
$278,330
Revenue
$5,442,834
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Posting: 286394 | Available | 5/2/24
A premier natural health food, grocery & supplement store complete with an in-house cafe, bakery, juice, smoothie, coffee bar, and more! Selling natural, organic & vegan groceries, produce, meat, nuts, dairy, in-house prepared foods, plus supplements.
Asking Price
$1,075,000
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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In an advanced, technologically savvy era, virtually anything can be done, purchased or explored via cyberspace. As the market continues to expand and flourish, eCommerce owners can continue to reap in the selling of their online businesses. Peter Siegel, MBA (BizBen Director) explores this topic.
When buying an eCommerce business several factors come into play: market position, competition, growth areas, recurring customer base factors and ratios, etc. On this BizBen blog post Peter Siegel, MBA (BizBen Director, Financing Expert) addresses some of these eCommerce factors for business buyers.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.
When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores.
Bakeries service all occasions from weddings, birthdays, retirement, and a whole host of other special occasions. Many bakeries do a brisk retail business, but really make their money in catering. Joe Ranieri a Southern California Business Broker looks at the top tips when trying to sell a bakery.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
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.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
