Cash flow
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Revenue
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Posting: 244345 | Available | 12/26/23
For sale is a full-service car wash on the west side in a prime area. It has a very high traffic count. It is on a 32K sq ft. lot and does smog, oil & lube. It is a busy signalized corner location with an extra long tunnel. Major real estate play is for possible redevelopment.
Asking Price
$2,595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283929 | Available | 12/26/23
For sale is one of the largest express washes, built from the ground up in 2020 on a massive site over 2 acres making for a well-flowing, easy-to-run wash. There is an extra long 190 ft tunnel and top of the line control system and vacuum system.
Asking Price
$17,695,000
Bldg Size
5,000 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 284391 | Available | 12/21/23
For sale is an independent mini truck stop business with property near Fresno, CA. It is located off HWY 99, with high visibility, a high-rise sign, a 2-acre lot with 4 gasoline MPDs, 6 diesel MPDs, and E85 Fuel. There is a QSR restaurant, a shower, clean restrooms, and the store size is 5,000 sqft.
Asking Price
$8,900,000
Cash flow
$54,718
Revenue
$633,753
Down
$54,718
Posting: 284333 | Available | 12/17/23
This auto repair shop in the Diamond Bar has an outstanding location on a very busy street. There is plenty of parking and room for vehicles. The profitable shop stays busy based on its great location and well-established customer base. There are 6 bays, 5 lifts, and 1 alignment rack.
Asking Price
$89,850
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283661 | Available | 12/17/23
This is a terrific location for a gas station or express car wash development opportunity in the Lakeside community of San Diego East County. It has been approved by San Diego County to develop a gas station with tunnel car wash. The design can be modified to construct an express car wash.
Asking Price
$2,995,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$4,000,000
Posting: 279045 | Available | 12/17/23
For sale is a top-notch non-brand gas station with a full-service car wash in a major intersection. A city permit is in place for converting to an express car wash with Shell incentives of $1,600,000 in the affluent area of Orange County. The net profit is $460,000.
Asking Price
$8,400,000
Cash flow
Call/Email
Revenue
$700,000
Down
$20
Posting: 277389 | In Escrow | 12/17/23
For sale is a branded gas station located on a busy street in San Leandro, close to the 880 freeway. Gas and diesel are available with high margins. There is a mini-mart with liquor.
Asking Price
$3,600,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284305 | Available | 12/14/23
For sale is an unbranded gas station with a beer and wine license. It is absentee-owned. The seller just got this place totally remodeled. He added deli, brand new pumps, updating the parking lot with concrete instead of using asphalt paving, ext. Total asking price is $2,350,000.
Asking Price
$2,350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281128 | Available | 12/14/23
For sale is a well-known hand car wash that has been operating for 65+ years with real estate included. It's in an excellent location minutes away from a shopping center that includes Trader Joe's and Target. The lot size is $11,000+ sq. ft. Business hours are open 7 days from 8:30AM - 4:45PM.
Asking Price
$3,000,000
Cash flow
$356,797
Revenue
$1,373,798
Down
Call/Email
Posting: 283807 | Available | 12/12/23
FedEx Ground Routes For Sale: Well-established & highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route & supplemental comes with (1) truck and (1) experienced driver in place. The business has seen double-digit organic growth.
Asking Price
$1,300,000
Cash flow
$374,855
Revenue
$1,330,445
Down
Call/Email
Posting: 284213 | Available | 12/8/23
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. Business has seen double digit organic growth since inception.
Asking Price
$1,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284208 | Available | 12/7/23
This is a prime location to operate an auto detailing business. The site is a brand-new gas station with an automatic carwash. They have a built-in database of existing clients to build your business. Ample space is available and it is a busy area with heavy traffic.
Asking Price
Call/Email
Cash flow
$282,419
Revenue
$1,225,858
Down
Call/Email
Posting: 284179 | Available | 12/6/23
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. Business has seen double digit organic growth since inception.
Asking Price
$725,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284171 | Available | 12/5/23
For sale is a freeway adjacent full service car wash in a trade area with average household income exceeding $140,000 within a 3 mile radius In-fill Inland Empire location with huge barriers to entry due to a lack of land available and city zoning (significantly limiting future car wash locations).
Asking Price
$8,900,000
Cash flow
$658,529
Revenue
$2,244,133
Down
Call/Email
Posting: 279874 | Available | 12/5/23
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
$2,500,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
$20
Posting: 284166 | Available | 12/5/23
For sale is a gas station that is high-volume in gas. They also have a Circle K convenience store. They do additional rental income. It is located near 2 highways and the real estate is available. There is also a carwash.
Asking Price
$10,500,000
Posting: 284157 | Available | 12/4/23
Socal Car Washes is seeking car washes for our list of qualified clients. Express, Flex, or full service is accepted and with or without real estate. Give us a call for a free market evaluation of your car wash!
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 243523 | Available | 12/4/23
For sale is a full-service flex car wash with smog & lube for sale. It's located in an upscale neighborhood on a very busy street very close to the freeway. It is approximately a 1 acre lot with 110 ft tunnel and wash equipment. It includes rental income from auto tint shop.
Asking Price
$2,595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274060 | Available | 12/2/23
This location was previously operated as Happy Boy Car Wash. Property was constructed in the year 1980. The building size for this location is approximately 4,000 square feet on .8 acres of land property is located on Highland Avenue with a traffic count of 20,000 cars per day.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274061 | Available | 12/2/23
This location was previously operated as the Bear Valley Car Wash. Property was constructed in the year 2008. The building size for this location is approximately 6,433 square feet on .68 acres of land. The property also includes 4 enclosed bays for additional automotive services.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274059 | Available | 12/2/23
This location was previously operated as the Apple Valley Auto Spa. The property was constructed in the year 2008. The building size for this location is approximately 3,627 square feet on 1.28 acres of land. The property also includes 4 enclosed bays for additional automotive services.
Asking Price
Call/Email
Bldg Size
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Typical Floor Size
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Year Built
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Posting: 284134 | Available | 12/2/23
This new gas station opened in March 2022 on one of the County's busiest intersections. This is a brand-new station with brand-new pumps, a canopy, and equipment inside. Additionally, there is an approved full kitchen in the back type 1 hood installed with 3 deep fryers, hamburger/pizza equipment.
Asking Price
$5,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$700,000
Posting: 284123 | Available | 12/1/23
This unbranded station with 2 pumps does about 65k gallons/m at 45c margin. The store does about $45k/month. Rent is $6k/month with a 15+ year lease. They have short hours. It is a profitable and easy operation with plans to expand. It is located along hwy 120 towards Yosemite.
Asking Price
$1,450,000
Cash flow
$228,516
Revenue
$669,854
Down
Call/Email
Posting: 284082 | Available | 11/29/23
This Burlington & Camden County, very-profitable, 5-bay full-service auto repair and transmission repair shop, in Central New Jersey is available for sale due to the relocation of the owner. They expertly perform engine repairs, brake, and air conditioner repairs, transmission, clutch, and more.
Asking Price
$599,000
Cash flow
$676,705
Revenue
$2,438,589
Down
Call/Email
Posting: 283460 | Available | 11/23/23
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
$2,800,000
Cash flow
$442,000
Revenue
$1,374,000
Down
Call/Email
Posting: 283005 | Available | 11/21/23
For sale is a highly specialized high-end, luxury, and sports car service and repair. It has a superb location, facilities, and equipment. In addition to performing regular service and repairs, the business has specially trained and experienced techs/mechanics who have significant experience.
Asking Price
$1,195,000
Cash flow
$170,000
Revenue
$964,000
Down
Call/Email
Posting: 283886 | Available | 11/16/23
For sale is a successful auto repair shop located in one of Central California's finest communities. They do everything except body, paint and upholstery work. This is an excellent opportunity with more upside potential.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$2,000,000
Posting: 283871 | Available | 11/15/23
For sale is a banded gas station doing about 70-75k gallons/month at a 65c-70c margin. It is fully upgraded and the seller lives at a distance (wants to retire). The store does $50k/month. The buyer needs about 2M down to get the deal done considering the high interest rates. No seller carrying.
Asking Price
$4,000,000
Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 4/23/24
New Pricing! These are ten FedEx home & ground delivery routes for sale for $725,000. Currently grossing at $1,046,000 + and has estimated adjusted cash flow of $200,000 + per year. This includes 10 FedEx delivery vehicles that are worth an estimated $313,000 and 11 employees (FT & PT) in place.
Asking Price
$725,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283972 | Available | 4/24/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
$200,000
Revenue
$1,012,000
Down
$750,000
Posting: 284802 | Available | 4/23/24
These are nine FedEx home & ground delivery routes for sale for $750,000. Currently grossing $1,012,000+ and has an estimated adjusted cash flow of $200,000+ per year. Includes 11 FedEx delivery vehicles worth an estimated $368,000 and 10 employees (FT & PT) in place.
Asking Price
$750,000
Cash flow
$297,243
Revenue
$1,069,210
Down
Call/Email
Posting: 279401 | Available | 4/3/24
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
$750,000
Cash flow
Call/Email
Revenue
$1,136,000
Down
$25
Posting: 286132 | Available | 4/15/24
The location in the Sacramento area is prime and major, boasting a high volume store with 6MPD's and double-wall fiberglass. The gas has a high margin, priced at $1.00 plus, resulting in an annual gross profit of $1,135,403. In 2022, the annual gross profit was $1,214,262.
Asking Price
$5,150,000
Cash flow
$225,000
Revenue
$4,900,000
Down
$500,000
Posting: 284775 | Available | 3/25/24
For the business only is a market and Mobil station with 6 pumps and 4 tanks. It has a beer and wine license (the only business in that corner with BW). The master lease belongs to Circle K and Circle K is subleasing to a dealer. The owner is retiring after 29 years. It is open 24/7.
Asking Price
$795,000
Cash flow
$300,000
Revenue
$1,200,000
Down
$550,000
Posting: 284662 | Available | 1/12/24
This is a business located next to lots of car dealers. It has a 35-year business history and is a cash cow business. It is semi-absentee run. The store size is 984 sf and the lot size is 13,056 sf. It is a very profitable business. The sellers want to retire. An SBA loan is possible.
Asking Price
$2,490,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$25
Posting: 286169 | Available | 4/17/24
The property boasts a great prime corner location on a heavily trafficked major street, featuring 4 MPD's with 8 hoses and double-wall fiberglass. The store enjoys high-margin sales, as well as gas with a margin ranging between 70-80 cents. Additionally, it is managed by an absentee owner.
Asking Price
$2,300,000
Cash flow
$294,223
Revenue
$1,057,231
Down
Call/Email
Posting: 285866 | Available | 3/27/24
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
$575,000
Cash flow
$200,000
Revenue
$420,000
Down
$800,000
Posting: 286192 | Available | 4/19/24
This car wash was newly remodeled in 2022 with state-of-the-art equipment. It is strategically located next to IN-N-OUT Burger on a major off-ramp Fwy-14. There is additional rental income from window tint and U-Haul services.
Asking Price
$2,399,000
Cash flow
$120,000
Revenue
$240,000
Down
$400,000
Posting: 286052 | Available | 4/8/24
Surrounded by a plethora of retail outlets, fast-food joints, and gas stations, this investment includes both the business and real estate, presenting an unparalleled chance for growth and profitability. The is the only coin-op car wash in Town on a prime 1.04 acre corner lot.
Asking Price
$1,449,000
Cash flow
$238,668
Revenue
$889,822
Down
Call/Email
Posting: 284531 | Available | 1/6/24
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
$328,325
Revenue
$1,221,883
Down
Call/Email
Posting: 279655 | Available | 1/30/24
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
$388,611
Revenue
$1,593,543
Down
Call/Email
Posting: 281028 | 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
$1,450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283619 | Available | 4/2/24
Suppose you are looking at California smog shops with the idea of buying one in order to have your own business. Planning on working as a test technician would be the best idea. The landlord is negotiable and works well with the brokerage. Rent is $3,030 with 4 years left and a 5-year option.
Asking Price
$100,000
Cash flow
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 284733 | Available | 1/18/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. This business is located in a high-income area and caters to a discerning clientele.
Asking Price
$1,400,000
Cash flow
$645,389
Revenue
$2,489,986
Down
Call/Email
Posting: 284528 | Available | 1/6/24
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
$1,850,000
Cash flow
$633,484
Revenue
$2,262,577
Down
Call/Email
Posting: 283130 | 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. Business has seen double digit organic growth since inception.
Asking Price
$1,900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280656 | Available | 5/10/23
Classic Convertible Wine Tours (CCWT) has been operating in the Napa Valley and Sonoma Valley wine regions of California since 1989. They offer unique and memorable transportation experiences in their beautiful classic convertible 1947 Packard automobiles.
Asking Price
$799,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283820 | Available | 11/12/23
For sale is one of the lowest priced car washes that includes real estate. It is well-run and is profitable year-over-year. You can operate it as is or potentially convert to Flex or Express. The two bay vehicle service centers can be rented for additional income or used for additional space.
Asking Price
$3,245,000
Cash flow
$300,000
Revenue
$1,600,000
Down
$800,000
Posting: 276853 | Available | 10/14/22
For sale is a high-volume, flex car wash with plenty of room to grow. The buyer will get a new 30-year lease from the seller who is retiring after 17 years. The buyer will get 30-day due diligence without any obligations. The net is $300,000, the gross is $1,600,000, and the average is $35 per car.
Asking Price
$2,450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275650 | Available | 12/26/23
For sale is an established express wash, very well known to the neighborhood on a 40,000+ sqft lot. It has a long 130 ft. tunnel with 16 extra wide vacuum bays. There are two pay stations. It has very high sales. Owner has another express wash for sale in Riverside that can be purchased together.
Asking Price
$10,995,000
Cash flow
$250,000
Revenue
$4,500,000
Down
$500,000
Posting: 285819 | Available | 3/25/24
Mobil branded station with C-Store and car wash. Circle K has master lease till 2048 and give three-year leases to dealer. Store has beer & wine license. It is about 30,000 SF land with C-store and car wash (dual system, works with or without brush). 8 MPD's & 4 UST's (3 10k & 1 12k
Asking Price
$1,000,000
Cash flow
$267,044
Revenue
$946,671
Down
Call/Email
Posting: 281030 | 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
$700,000
Cash flow
$79,256
Revenue
$717,499
Down
Call/Email
Posting: 284636 | Available | 4/12/24
This business is well established and located on a high-traffic street, with great visibility! The business benefits from a large and loyal clientele list, and established name recognition. This multifaceted business stays scheduled at capacity. Gross $717,499 Cash Flow $79,256
Asking Price
$225,000
Cash flow
$357,477
Revenue
$1,717,264
Down
Call/Email
Posting: 283261 | 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
$800,000
Cash flow
$516,110
Revenue
$2,094,826
Down
Call/Email
Posting: 284532 | Available | 3/28/24
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
$1,750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278422 | Available | 1/30/24
This Chevron Extra Mile station is located on a heavy-traveled Hwy 20 connecting Hwy 5 to Hwy 101. The station is very busy with local and traveling customers. Tanks are double wall, and all pumps, etc. are up to current regulations. The station has a nice car wash that has high volume.
Asking Price
$5,700,000
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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
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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Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small 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!
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.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
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.
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.
