Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 7/23/24
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$749,000
Cash flow
$70,000
Revenue
$450,000
Down
$850,000
Posting: 285011 | Available | 7/23/24
This Northern California-based auto repair business is a California Sole Proprietorship that has been in operation for the past 41 years, since 1983, under ownership of the founder. Located in Northern California, they service customers in an approximate 30-mile radius from their location.
Asking Price
$850,000
Cash flow
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 7/23/24
This Northern California full-service performance and maintenance facility services and repairs Audi, Volkswagen and Porsche vehicles. They also have another division that provides innovative Jeep and truck accessories. This company has been in operation for 17 years (since 2006).
Asking Price
$4,600,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 7/22/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
$185,507
Revenue
$882,163
Down
$395,000
Posting: 287022 | Available | 7/26/24
This auto repair shop is operated by husband & wife as a C Corporation since April 2001. The business is open Monday to Friday only from 7:30 to 5:00 PM. The company currently employees 2 techs, one of which is an owner
Asking Price
$395,000
Cash flow
$182,000
Revenue
$257,000
Down
Call/Email
Posting: 283882 | Available | 7/26/24
This highly profitable and well-established motorcycle performance and repair shop provides service for all import motorcycle brands. They offer maintenance and repair, as well as performance upgrades and restoration services. The shop has been a trusted destination servicing Orange County.
Asking Price
$377,000
Cash flow
$198,099
Revenue
Call/Email
Down
Call/Email
Posting: 284945 | Available | 7/26/24
This busy, profitable decades-old service and repair shop has served generations of satisfied high-end foreign automobile owners for years. Located in the South Bay area of LA County and freeway close, it draws customers locally, and from as far away as Orange County.
Asking Price
$475,000
Cash flow
$90,000
Revenue
$802,000
Down
$125,000
Posting: 286796 | Available | 7/20/24
For sale is a great opportunity to own and operate a National Auto Service Franchise in the South Bay. Experienced manager and an excellent team in place. Extended training and support are offered by the franchisor. Annual sales estimated at $800K, Motivated Seller.
Asking Price
$125,000
Cash flow
$220,295
Revenue
$491,190
Down
$18,000
Posting: 287565 | In Contract | 7/16/24
The building is custom-built for an oil changer/repair shop. Located in the East Bay, the shop has 6-bays, (4-oil change pits and 2 repair bays) and is about 2,200 SF. The shop's primary business is oil changes, smog Tests, tune-ups, brake works, A/C, and preventive maintenance.
Asking Price
$118,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 7/15/24
This is a great gas station with market and mechanic shop. It is located in Alameda County between I-580 and I-880. The owner claims an average of 40,000 gallons at a $1.40 margin that seller will proof that. The market does $20,000 at 35% margin. The mechanic shop is leased for monthly rent $5,000.
Asking Price
$3,300,000
Cash flow
$389,005
Revenue
$1,493,253
Down
$1,100,000
Posting: 284733 | Available | 7/12/24
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
$1,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287517 | Available | 7/11/24
For sale is a Firestone automotive shop on the market. Long time established business in one of the busiest Blvd. of the city of Lancaster. Real estate consists of 5,040 sq ft total. Has 6 roll up doors for shop use plus a waiting area and office all placed in a little over a half-acre of land.
Asking Price
$1,500,000
Cash flow
$197,304
Revenue
$998,000
Down
$30
Posting: 281656 | Available | 7/11/24
A new owner is needed for a turnkey auto repair/smog check shop. It has great cash flow and includes all inventory and FF&E. It's well-equipped and maintained with devoted clients in place. The revenue is $998,000/year. The cash flow is $197,304/year. The business has clean financials.
Asking Price
$330,000
Cash flow
$600,000
Revenue
$4,000,000
Down
$20
Posting: 287500 | Available | 7/10/24
This is a great opportunity to acquire a well-established, high-volume, and high-net business with short hours, operating only five days a week from Monday through Friday. The annual gross sales are approximately $4 million, with an annual profit around $600,000.
Asking Price
$2,500,000
Cash flow
$226,000
Revenue
$964,000
Down
Call/Email
Posting: 287494 | Available | 7/10/24
For sale is a General Auto Repair business in North County San Diego. Operating since 1995, it has a long, consistent history of profitability and a great reputation in the community with 5-star ratings. The shop is 6,000 sq ft with 9 bays, including an alignment machine and a smog test station.
Asking Price
$629,000
Cash flow
$53,079
Revenue
$224,102
Down
Call/Email
Posting: 287431 | Available | 7/6/24
Motivated sellers are excited to present this turnkey Auto Body Repair Shop, strategically situated in the highly coveted North Hollywood auto body zone. The shop boasts a Semi Down Draft Spray Booth, ensuring top-notch finishes for every repair. But that's just the beginning.
Asking Price
$215,900
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 7/6/24
For sale 8 bays mechanic shop with smog check and repairs. (Assets Sale) It is located in Escondido, CA. Rent is at $1.60/foot per month. The building size is about 4,700 SQ/FT. The lease is 1 year plus 2/5 years options (asset sale). It has 8 bays and the asking price is $79,000.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287428 | Available | 7/3/24
Long Term Established in Northern California Automotive Repair and Smog Shop. Well-established shop in Butte County is turn-key ready today! Trusted in the local community and surrounding areas since 1987 with 90% of its customers being return customers of 20+ years. Extremely clean kept shop.
Asking Price
$225,000
Cash flow
$168,000
Revenue
$600,000
Down
$169,000
Posting: 285284 | Available | 7/1/24
This well-established auto repair shop, located in the heart of Orange County, offers a remarkable opportunity for prospective buyers. Featuring 3 spacious bays and 2 advanced hoists, this facility is well-equipped to service both domestic and imported vehicles with high efficiency and expertise.
Asking Price
$169,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 287383 | Available | 7/1/24
Newly opened Express car wash, hand wash and self-serve. Express wash with 40 feet tunnel. Brand new equipment.
Asking Price
$1,900,000
Cash flow
$132,000
Revenue
$360,000
Down
$80,000
Posting: 279801 | Available | 6/28/24
This is a profitable auto repair shop in Long Beach with the same owner for 18 years. It has a loyal client base on a great corner location near a large church with a huge parking area. The store size is 2,500 sq ft, and the lot size is 8,000 sq ft with 5 bays. Long-term rent: 5 years plus 5 years.
Asking Price
$125,000
Cash flow
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285683 | Available | 6/28/24
This is a tire & auto repair business for sale. This business has been there for over 59 years. They have good Yelp reviews. Rent is $7,000 and the size of the store is 3,200 sq ft. There are total 7 bays (1 single +3 double). The owner is managing the store and care customers.
Asking Price
$729,999
Cash flow
Call/Email
Revenue
Call / Email
Down
Call/Email
Posting: 284893 | Available | 6/27/24
This is a high-quality, ASE-certified auto repair shop for sale in Fremont. The shop is clean and roomy. This is not your typical tech shop where it is dirty and messy with parts. There are shared parking spaces with another auto shop next to it. It is approximately 2,400 square feet with 7 bays.
Asking Price
$130,000
Cash flow
$235,071
Revenue
$773,297
Down
Call/Email
Posting: 286598 | Available | 6/27/24
This established auto service and repair shop was originally founded in 1980, with the current owner acquiring the business in 1987. It has solid year over year revenues with a cash flow of $235,071. This business is very well established and in a great location!
Asking Price
$395,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281479 | Available | 6/27/24
This is an 18-year-established auto body shop for sale in the San Francisco Tenderloin District. They do auto body restoration, collision repair, paint, restoration, paint services, rust repair, classic cars, dents, repair, frame straightening, and hail damage repair
Asking Price
$55,000
Cash flow
$99,110
Revenue
$310,743
Down
Call/Email
Posting: 263942 | Available | 6/27/24
This established auto repair shop provides all minor major repairs on foreign and domestic vehicles and completes preventative maintenance and diagnosis work. With 40+ years in business, they have approximately 90% customer retention and are very well-established. Gross revenue $311K Cash Flow $99K.
Asking Price
$200,000
Cash flow
$73,328
Revenue
$401,769
Down
Call/Email
Posting: 278188 | Available | 6/27/24
This well established auto shop is located in Northern California. The shop is fully equipped with well-maintained, state-of-the-art equipment. There is an option to purchase the building from the landlord if interested. Gross $401,769 Cash Flow $73,328
Asking Price
$225,000
Cash flow
$79,256
Revenue
$717,499
Down
Call/Email
Posting: 284636 | Available | 6/27/24
This business is well established, located on a high-traffic street and has great visibility! The business benefits from a large and loyal clientele list, as well as established name recognition. This multifaceted business stays scheduled at capacity. Gross $717,499 Cash Flow $79,256
Asking Price
$225,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 7/23/24
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$749,000
Cash flow
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 7/23/24
This Northern California full-service performance and maintenance facility services and repairs Audi, Volkswagen and Porsche vehicles. They also have another division that provides innovative Jeep and truck accessories. This company has been in operation for 17 years (since 2006).
Asking Price
$4,600,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 7/22/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
$70,000
Revenue
$450,000
Down
$850,000
Posting: 285011 | Available | 7/23/24
This Northern California-based auto repair business is a California Sole Proprietorship that has been in operation for the past 41 years, since 1983, under ownership of the founder. Located in Northern California, they service customers in an approximate 30-mile radius from their location.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$325,000
Posting: 286432 | Available | 5/6/24
A very successful specialty auto repair franchise is located in South Santa Clara County. The seller has been in business for more than 12 years, and the building occupies approximately 8,000 square feet. The seller, who is retiring, is willing to train the buyer for one month.
Asking Price
$325,000
Cash flow
$168,000
Revenue
$600,000
Down
$169,000
Posting: 285284 | Available | 7/1/24
This well-established auto repair shop, located in the heart of Orange County, offers a remarkable opportunity for prospective buyers. Featuring 3 spacious bays and 2 advanced hoists, this facility is well-equipped to service both domestic and imported vehicles with high efficiency and expertise.
Asking Price
$169,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 7/15/24
This is a great gas station with market and mechanic shop. It is located in Alameda County between I-580 and I-880. The owner claims an average of 40,000 gallons at a $1.40 margin that seller will proof that. The market does $20,000 at 35% margin. The mechanic shop is leased for monthly rent $5,000.
Asking Price
$3,300,000
Cash flow
$300,000
Revenue
$5,000,000
Down
$2,000,000
Posting: 287287 | Available | 6/25/24
An independent gas station with property in County is for sale. The fuel supply contract is month to month so that a buyer may get great incentive from new contract. The store opening time is from 6 AM to 10 PM. There is a beer and wine ABC License. Rent Income from Auto Repair is $4,800/m.
Asking Price
$5,000,000
Cash flow
$300,000
Revenue
$725,054
Down
Call/Email
Posting: 286632 | Available | 5/19/24
This auto repair shop in Newhall is in an extremely desirable area, with constant pass-by traffic. This profitable shop stays busy considering its great location and well established goodwill, and loyal customer base. This shop has been around for almost 20 years and continues to be a leader.
Asking Price
$675,750
Cash flow
$99,110
Revenue
$310,743
Down
Call/Email
Posting: 263942 | Available | 6/27/24
This established auto repair shop provides all minor major repairs on foreign and domestic vehicles and completes preventative maintenance and diagnosis work. With 40+ years in business, they have approximately 90% customer retention and are very well-established. Gross revenue $311K Cash Flow $99K.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$495,000
Down
$130,000
Posting: 285136 | Available | 2/13/24
For sale since 1988 is a longstanding and highly-respected, full-service automotive repair and smog check. The shop is an AAA-Approved auto repair facility. It is a large shop with 11 bays and a total of 6,000 sq ft. Services owned/operated vehicles and fleet accounts, including local CHP station.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284209 | Available | 6/25/24
Express Auto Repair Shop is a well-established business in a great location around the area of San Bruno. The shop is located in an industrial warehouse on a high-traffic street. This business has been here for a long time and has over 30 years of experience.
Asking Price
$295,000
Cash flow
$600,000
Revenue
$2,155,078
Down
Call/Email
Posting: 281813 | Available | 7/27/23
Diesel Service Shop, fully built out with mobile repair and exceptional service.
Asking Price
$3,000,000
Cash flow
$263,491
Revenue
$657,712
Down
Call/Email
Posting: 286747 | Available | 5/24/24
For sale is a profitable, turnkey ASE-Certified auto repair service in the heart of Santa Clara County for 15 years. It is a well-run, reputable auto repair facility focusing on high-quality general automotive repair and services, maintenance, diagnostic, and tire services.
Asking Price
$645,000
Cash flow
$304,800
Revenue
$1,653,000
Down
Call/Email
Posting: 286328 | Available | 4/29/24
For sale is a 26 year old auto repair business located in prime area of South Orange County. It is 13,000 sq ft with 22 ft ceilings. There is additional outdoor parking for 35 cars. They are increasing revenue year after year with clean financials.
Asking Price
$851,000
Cash flow
$105,020
Revenue
$823,952
Down
$250,000
Posting: 286798 | In Contract | 5/28/24
This is a great opportunity to own a profitable national franchise auto service store in the South Bay. Experienced manager and an excellent team in place. Great location. The franchisor offers extended training and support. Must Sell, Motivated Seller. All offers will be considered.
Asking Price
$250,000
Cash flow
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 285471 | Available | 3/2/24
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. Hourly rates are on par with those offered by dealerships.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 5/16/24
This state-of-the-art express car wash and car care center was recently converted to an express car wash and opened up about Early 2022. The sellers spent over $1.1 million on the conversion, adding state-of-the-art equipment including 18 vacuums.
Asking Price
$3,399,000
Cash flow
$240,000
Revenue
$900,000
Down
Call/Email
Posting: 279122 | Available | 7/16/23
This is an auto repair and smoke check maintenance shop for sale. It has had the same owner for 28 years, and the owner wants to retire. It is located in a free-standing building with low rent and a good lease. The shop is open 6 days. The technicians are ASE certified.
Asking Price
$390,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287517 | Available | 7/11/24
For sale is a Firestone automotive shop on the market. Long time established business in one of the busiest Blvd. of the city of Lancaster. Real estate consists of 5,040 sq ft total. Has 6 roll up doors for shop use plus a waiting area and office all placed in a little over a half-acre of land.
Asking Price
$1,500,000
Cash flow
$225,000
Revenue
$820,000
Down
$320,000
Posting: 284926 | Available | 3/4/24
For sale is an auto body & frame repair shop 38 years in business. The original owner is retiring. It is profitable, well-established, real turnkey, and has long-term employees & loyal customers. 10,000 SF (fully licensed and bonded) facility with a spray booth. The parking lot can hold 20 cars.
Asking Price
$320,000
Cash flow
$442,000
Revenue
$1,010,000
Down
$450,000
Posting: 279414 | Available | 4/15/24
This full-service successful auto body and collision repair shop with real estate is on the market for the first time in 54 years. It serves all of Shasta, Modoc, Tehama, and Lassen. It is temporarily closed, but is turnkey with staff available!
Asking Price
$1,100,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 287383 | Available | 7/1/24
Newly opened Express car wash, hand wash and self-serve. Express wash with 40 feet tunnel. Brand new equipment.
Asking Price
$1,900,000
Cash flow
$262,000
Revenue
$757,807
Down
Call/Email
Posting: 286631 | Available | 5/19/24
This auto repair shop in Santa Clarita is in an extremely desirable area, with constant pass-by traffic. This profitable shop stays busy considering its great location and well established goodwill, and loyal customer base. This shop has been around for over a decade and continues to be a leader.
Asking Price
$574,750
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 284552 | Available | 1/8/24
This is an Arco AMPM gas station business opportunity for sale in Solano County area. It has a big convenience Store, 6 MPDs, and a 1.3-acre lot. It's a business opportunity only for sale and no property is included. The express automatic car wash is also available but not operating at the moment.
Asking Price
$2,350,000
Cash flow
$146,289
Revenue
$530,959
Down
$195,000
Posting: 286849 | Available | 5/29/24
This business has been trusted in the community since 1988, this auto repair shop services domestic and foreign cars and trucks and continues to provide the highest level of quality of service, 90% of the customers are estimated to be repeat customers with a great reputation.
Asking Price
$195,000
Cash flow
$304,975
Revenue
$1,168,332
Down
$50,000
Posting: 283471 | Available | 4/29/24
Never more than now is a great time to own an auto service business. With new car inventory scarce, striking workers, and the highest used car values in decades, people are holding on to their used cars longer. Translation, more cars to fix, and maintenance. It has had the same owner since 1983!
Asking Price
$499,000
Cash flow
$79,256
Revenue
$717,499
Down
Call/Email
Posting: 284636 | Available | 6/27/24
This business is well established, located on a high-traffic street and has great visibility! The business benefits from a large and loyal clientele list, as well as established name recognition. This multifaceted business stays scheduled at capacity. Gross $717,499 Cash Flow $79,256
Asking Price
$225,000
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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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The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
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.
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.
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.
