Status: Off The Market
Posting ID: 269330
Call / Email
Asking Price
NOTE: This BizBen Posting #269330 ATM Route - With Contracts, Short Hours in Los Angeles County Area 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.
Attributes:
Cash flow
$159,925
Revenue
$596,205
Down
Call/Email
Posting: 283458 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$450,000
Cash flow
$335,608
Revenue
$1,282,536
Down
Call/Email
Posting: 284478 | Available | 2/2/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,050,000
Cash flow
$449,157
Revenue
$1,509,739
Down
Call/Email
Posting: 283105 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
$402,750
Revenue
$1,321,766
Down
Call/Email
Posting: 280324 | Available | 1/23/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,500,000
Cash flow
$293,632
Revenue
$998,638
Down
Call/Email
Posting: 279063 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,000,000
Cash flow
$838,201
Revenue
$2,842,154
Down
Call/Email
Posting: 286745 | Available | 5/24/24
FedEx Ground Routes for Sale: Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$2,895,000
Cash flow
$280,000
Revenue
$400,000
Down
Call/Email
Posting: 285514 | Available | 4/16/24
Unlock the gateway to lucrative investment in Los Angeles, California with our exclusive 130-unit ATM portfolio. This unparalleled opportunity boasts strategically positioned ATMs, meticulously located for optimal efficiency in cash replenishment routes.
Asking Price
$1,200,000
Cash flow
$393,445
Revenue
$2,177,297
Down
Call/Email
Posting: 280328 | Available | 3/19/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
$524,453
Revenue
$1,863,521
Down
Call/Email
Posting: 282069 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,800,000
Cash flow
$275,261
Revenue
$1,057,457
Down
Call/Email
Posting: 280072 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$875,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$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
Call/Email
Revenue
$276,000
Down
Call / Email
Posting: 279941 | Available | 3/29/23
This is a mom-and-pop convenience store with beer and wine in a populated area of Los Angeles County. Extra income comes from a lotto/lottery and ATM. The annual gross is $276,000. The asking Price is $65,000, Rent $1,800, Size 1,400 sq ft, beer and wine.
Asking Price
$65,000
Cash flow
$711,363
Revenue
$2,552,002
Down
Call/Email
Posting: 285622 | Available | 3/12/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,450,000
Cash flow
$244,588
Revenue
$831,696
Down
Call/Email
Posting: 279699 | Available | 10/17/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$500,000
Cash flow
$428,000
Revenue
$1,514,191
Down
Call/Email
Posting: 280021 | Available | 10/12/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since inception.
Asking Price
$1,375,000
Cash flow
$521,649
Revenue
$1,618,897
Down
Call/Email
Posting: 286482 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,350,000
Cash flow
$396,949
Revenue
$1,600,549
Down
Call/Email
Posting: 285323 | Available | 5/23/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$156,571
Revenue
$576,362
Down
Call/Email
Posting: 279289 | Available | 10/17/23
Well-established and highly profitable FedEx Linehaulroutes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$550,000
Cash flow
$368,986
Revenue
$1,305,980
Down
Call/Email
Posting: 284111 | Available | 1/20/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
$325,139
Revenue
$1,185,220
Down
Call/Email
Posting: 277306 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,000,000
Cash flow
$268,750
Revenue
$907,239
Down
Call/Email
Posting: 284482 | Available | 3/1/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$750,000
Cash flow
$297,904
Revenue
$1,231,756
Down
Call/Email
Posting: 284164 | Available | 4/30/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,150,000
Cash flow
$3,432,186
Revenue
$12,251,808
Down
Call/Email
Posting: 278906 | Available | 2/8/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$12,575,000
Cash flow
$187,112
Revenue
$1,098,361
Down
Call/Email
Posting: 285327 | Available | 2/23/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$500,000
Cash flow
$206,814
Revenue
$727,978
Down
Call/Email
Posting: 279511 | Available | 10/20/23
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
$1,834,005
Down
Call/Email
Posting: 275589 | Available | 2/7/24
Well-established and highly profitable FedEx Linehaul routes, 8 routes in Ventura. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place.
Asking Price
$995,000
Cash flow
$537,332
Revenue
$1,962,455
Down
Call/Email
Posting: 283420 | Available | 3/21/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,600,000
Cash flow
$473,302
Revenue
$1,688,600
Down
Call/Email
Posting: 286743 | Available | 5/24/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,400,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/23/24
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
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286391 | Available | 5/26/24
A well-established hospice agency in Ventura County, California. This reputable agency has been providing compassionate end-of-life care since 2017, and has garnered a stellar reputation in the community and beyond. Accredited by the Joint Commission.
Asking Price
$549,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 5/28/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
$241,808
Revenue
$965,325
Down
Call/Email
Posting: 285644 | Available | 4/25/24
We are pleased to present a rare purchase opportunity in the dynamic world of technology, automation, AI, and audiovisual solutions. This established business, renowned for its innovation and client satisfaction, is now available for acquisition from an owner who is ready to retire.
Asking Price
$900,000
Cash flow
Asset Sale
Revenue
Asset Sale
Down
Call/Email
Posting: 283082 | Available | 5/19/24
A great potential starter coin laundry store with a lot of parking in front and back, and great demographics for laundromat in the Ventura area. A huge potential to grow the existing fluff and fold service. With 18.5 year total lease including options. Approximate laundry size of 1,950sqft.
Asking Price
$130,000
Cash flow
$424,656
Revenue
$902,964
Down
Call/Email
Posting: 285253 | Available | 2/19/24
For sale is a veterinary clinic which was established over 30 years ago. net income ($424,656).
Asking Price
$849,000
Cash flow
Call/Email
Revenue
$1,834,005
Down
Call/Email
Posting: 275589 | Available | 2/7/24
Well-established and highly profitable FedEx Linehaul routes, 8 routes in Ventura. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place.
Asking Price
$995,000
Cash flow
$354,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285608 | Available | 3/11/24
Excellent opportunity to acquire a reputable optical coating business in California specializing in quality thin films for medical, optical instrumentation, aerospace and defense, telecom, and other industries. Business is a good fit for parties with knowledge of coating technologies.
Asking Price
Call/Email
Cash flow
$133,427
Revenue
Call/Email
Down
Call/Email
Posting: 281794 | Available | 5/13/24
This Restaurant has been a landmark for years. The restaurant offers guests fine dining cuisine in a cozy, comfortable atmosphere. The restaurant currently has a Type 41.
Asking Price
$375,000
Cash flow
$144,195
Revenue
$1,209,390
Down
Call/Email
Posting: 283115 | Available | 5/21/24
This is an established market with beer and wine in Oxnard for sale. There is parking on the street and in the back. It has been established for 33 years, but the owner is leaving to pursue other interests, It is open everyday from 7am-9pm. If it was run buy the buyer it would net more.
Asking Price
$575,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286013 | Available | 4/5/24
This a type 20 Off-Sale Beer and Wine license for sale in every county of California. Issued to retail stores. Authorizes the sale of beer and wine for consumption off the premises where sold.
Asking Price
$8,000
Cash flow
$216,000
Revenue
Call / Email
Down
Call / Email
Posting: 268739 | Available | 7/31/21
This is a profitable business and this is a rare opportunity to own this great business to make money. This lawnmower shop has everything you need for the lawnmowers and one shop stop. Shop carries all the highest quality brands.
Asking Price
$380,000
Cash flow
$216,000
Revenue
$720,000
Down
Ask
Posting: 261638 | Available | 4/26/22
If you need any kind of gardening service and machinery, this is the place to go and they carry all the highest quality brands and have an excellent selection of lawn mower equipment and they provide great repair service. They repair on all your gardening equipment, full service including parts,
Asking Price
$259,000
Cash flow
$235,000
Revenue
$1,350,000
Down
Negotiable
Posting: 270881 | Available | 2/16/24
This is a great opportunity to invest in and/or own and operate an exclusively located Retail Pharmacy that was established over 120 years ago! Located near a few medical offices. The pharmacy is located in the area of Ventura/Ojai/Carpinteria of Ventura County [far away from the heat zone].
Asking Price
$419,500
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 269835 | Available | 10/4/21
Stable. Since 2000, DoughMain located in Thousand Oaks has been serving the community with retail and on line presence for the distribution retail & on line sales of Body Detox, Bowls, Bubblers, Dab Rigs, E-Cigs, E-Nails, E-Rigs, Bangers, CBD +, Drug Tests, and many other items.
Asking Price
$199,950
Cash flow
$36,000
Revenue
$101,000
Down
Call/Email
Posting: 286401 | Available | 5/3/24
A beauty salon for dogs offers luxury care for your furry friend, featuring top-of-the-line products and luxury suites instead of cages, providing a calm environment. It offers a real spa experience for your pup, from a quick bath to a fancy spa session before a special event.
Asking Price
$160,000
Cash flow
$428,943
Revenue
$1,525,928
Down
Call/Email
Posting: 286605 | Available | 5/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$120,000
Posting: 286713 | Available | 5/22/24
For an asset sale is a Korean BBQ restaurant in Simi Valley. Its size is 2,000 sq. ft and its rent is $5,900 including NNN. It has a full kitchen, beer/wine license, grease interceptor, and table hoods.
Asking Price
$120,000
Cash flow
$183,000
Revenue
$127,000
Down
Call/Email
Posting: 283831 | Available | 11/13/23
This is a very well established health breakfast and lunch cafe in a prime location in the city of Ventura. This well-designed, 2,000 square foot space has a very clean and comforting vibe with indoor and outdoor seating. A fully built-out kitchen provides full prep and cooking capability.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285031 | Available | 2/6/24
This well-managed and profitable preschool business is available for sale (with property included) in Ventura County. The preschool has a license capacity of 80+ children and offers an excellent history of high enrollment. It has a superb location in an affluent neighborhood.
Asking Price
$1,550,000
Cash flow
$250,000
Revenue
$977,100
Down
$150,000
Posting: 281674 | Available | 5/16/24
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
$298,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 274397 | Available | 8/2/22
Turn Key Specialty Water Company. Established sales channels which are comprised of Airports, retail, online, customer direct, gas stations and supermarkets. Manufactured in California using nanotechnology for purity with unmatched proprietary formulas that utilizes oxygenated alkaline and hemp
Asking Price
Call / Email
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 270781 | Available | 12/3/21
Poke Restaurant with Boba. Started from a new build out 4 years ago. Absentee owner wants to see a new progressive owner take over. Bulk Sale of Assets only. Business was established 3 years ago...Pre Covid. Over $200,000 of equipment and Tenant Improvement.
Asking Price
$79,000
Cash flow
$747,000
Revenue
$4,352,000
Down
Call/Email
Posting: 283874 | Available | 5/20/24
A unique opportunity presents itself for the acquisition of a stable and profitable Papa John's Pizza Franchise comprising six strategically positioned stores across Los Angeles and Ventura Counties. The locations have undergone recent upgrades, enhancing market appeal.
Asking Price
$2,500,000
Cash flow
$120,000
Revenue
$504,000
Down
Ask
Posting: 278334 | Available | 1/17/23
If you like the authentic, awesome, quiet, and great neighborhood sushi restaurant, this is the place to go. The restaurant is a very nice place to enjoy authentic Japanese sushi with family and friends and the ambiance and atmosphere of this restaurant are very clean, cozy, and quiet.
Asking Price
$145,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$800,000
Posting: 286740 | Available | 5/24/24
For sale is a Shell gas station and property for sale. Shell fuel contract valid until 2028. It is in a prime spot with significant traffic, there is high potential.
Asking Price
$2,750,000
Cash flow
$95,000
Revenue
$525,000
Down
Call/Email
Posting: 285993 | Available | 5/6/24
Made In USA! This longtime family-run business manufactures products for motorsports or other vehicle users. Highly efficient operations incorporate computer-aided design work with hands-on quality manufacturing. Well-equipped workshop with extensive list of FF&E.
Asking Price
$450,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 281519 | Available | 2/6/24
For sale is a stand-alone cafe with a large patio near downtown and the sea. The sale includes a Type 41 Liquor License. Regulars and tourists have patronized this iconic location for decades. This location is now being offered to new owners that can build upon their current business.
Asking Price
$155,000
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
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
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
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
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
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Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
Don't confuse a business opportunity with a going business for sale. In the broadest sense, an existing business being offered on the market is sometimes called a business opportunity. But for a buyer's purposes, seeking to invest in a business to own and operate, there are important differences.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
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.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
