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
$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
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 3/1/24
For sale 8 bays mechanic shop with smog check and repairs. It is located in Escondido, CA. Rent is only $3,220 per month. The building size is 3,100 SQ/FT. The lease is 12 years (asset sale). It has 8 bays and the asking price is $99,000.
Asking Price
$99,000
Cash flow
$77,000
Revenue
$500,000
Down
$20
Posting: 283521 | Available | 2/29/24
This is a well-established, top brand full-service automotive repair franchise resale (not a start-up) with an incredibly good reputation and unprecedented national recognition. Located in Oakland. Extensive Training/Support provided. No experience in automotive is needed or required.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$157,814
Down
Call/Email
Posting: 285407 | Available | 2/28/24
This is a great opportunity for an auto mechanic to own a long-established and very well-respected auto repair business. The Seller owns the property so the lease terms are fully negotiable - this also means that the Seller has a vested interest in the continued success of the excellent business.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 285353 | Available | 2/26/24
For sale is a highly profitable, and reputable premier automotive repair shop in Rancho Cucamonga, with more three decades of unparalleled service and expertise. This shop stands as a testament to excellence in the automotive industry, serving the community with unwavering dedication.
Asking Price
$2,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281111 | Available | 2/22/24
This long-established auto repair shop services most foreign and domestic makes and models. The business keeps most work in-house providing drum and rotor turning, as well as complete brake service, oil changes, and tire rotations.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 2/21/24
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
$3,677,000
Posting: 285252 | Available | 2/19/24
I am a business broker representing a client who is interested in purchasing multiple mechanic shops in Southern California. My client is looking for sizable shops that have at least 5 bays/lifts. They can be specialized or not specialized.
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275559 | Available | 2/16/24
This auto shop is located on a main street with 5 car bays and has been serving the community for over 20+ years. The shop has several experienced technicians who perform all tasks. This shop is also equipped with a tire changing and rotating station.
Asking Price
$110,000
Cash flow
$365,299
Revenue
$1,693,525
Down
Call/Email
Posting: 281319 | Available | 2/13/24
This is a fantastic opportunity to acquire a full-service, high-end European automotive repair business in the heart of the San Fernando Valley. This business has a loyal customer base, is in high demand, and is very profitable.
Asking Price
$620,000
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: 285085 | Available | 2/9/24
For sale is an established, family-owned automotive repair and service shop located in the city of Santa Clara, California. The business has been thriving for almost 10 years. The shop has 5,000+sq ft. for auto repair. The owner works with one employee.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277709 | Available | 2/8/24
Ready to own your future? Tap into the recession resistant $292 billion auto care industry and invest in an AAMCO franchise. No automotive repair experience is necessary -- all you need is investment and an entrepreneurial drive. They'll back you with their worldwide reputation.
Asking Price
$499,000
Cash flow
$500,000
Revenue
$4,000,000
Down
$500,000
Posting: 284937 | Available | 1/31/24
An exceptional business opportunity presents itself with the offering of a well-established used car dealership coupled with a certified mechanic shop and repair services in the vibrant city of San Diego. Situated in an attractive locale. Annual sales are over $4 million.
Asking Price
$700,000
Cash flow
$500,000
Revenue
$3,100,000
Down
$2,000,000
Posting: 284182 | Available | 1/26/24
This auto collision repair body shop (including real property/estate) has been established for 40 years and the current owner has been there for 7 years at the location. It is a free-standing building. The lot size is 49,764 sq ft, and the building size is 7,320 sq ft. Pro-auto body shop-approved.
Asking Price
$5,500,000
Cash flow
$132,000
Revenue
$360,000
Down
$50,000
Posting: 279801 | Available | 1/22/24
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
$120,000
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
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
$341,000
Revenue
$1,900,000
Down
$544,000
Posting: 283275 | Available | 1/4/24
Being offered for sale is a very profitable tire and auto service business located on a heavily traveled highway in Los Angeles County. The spacious facility is the anchor in an attractive auto plaza occupying 3,800 square feet. The shop features a large showroom and 4 bays.
Asking Price
$544,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 275022 | Available | 1/4/24
This is a well-established car dealership business for sale, for auto dismantling for auto parts, and repair. It was established in 2005 and a long-term lease is available with a starting rent of $6,000/month. The business sells almost any part that comes in a car and has a complete repair center.
Asking Price
$499,000
Cash flow
$358,700
Revenue
$982,600
Down
Call/Email
Posting: 283496 | Available | 1/4/24
For over 35 years, this auto repair business has been servicing the numerous communities of the High Desert. This is a very profitable full-service shop with the opportunity for the buyer to purchase the real property. Additionally, the business provides a wide range of fleet maintenance services.
Asking Price
$750,000
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
$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
$200,000
Revenue
$1,400,000
Down
$130,000
Posting: 284053 | Available | 11/28/23
This is a well-established, top brand full-service automotive repair franchise (not a start-up) with an incredibly good reputation and unprecedented national recognition. The business provides a great lifestyle with family-friendly operating hours. The company specializes in complete car care.
Asking Price
$650,000
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
$200,000
Revenue
$900,000
Down
$345,000
Posting: 254833 | Available | 10/20/23
Price lowered fr $395k. For sale is a well-established hybrid auto repair shop with great customer reviews. This is a great investment opportunity for those seeking a profitable and reputable repair shop! It is located in the heart of the densely populated Miramar and Mira Mesa area.
Asking Price
$345,000
Cash flow
$235,071
Revenue
$773,297
Down
Call/Email
Posting: 278120 | Available | 4/12/24
This auto repair is well-established and located in a great location! This is a clean and organized shop with plenty of room for growth. It is well-equipped with well-maintained, state-of-the-art equipment. Solid year-over-year revenues! Gross Rev: 773K Cash Flow: 235K.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 4/3/24
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
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276566 | Available | 9/29/22
For sale is a well-established automotive repair and service business. The owner will carry with financial assistance. It is located in Fullerton, Orange County, CA. The asking price is $250,000.
Asking Price
$250,000
Cash flow
N/A
Revenue
N/A
Down
$449,000
Posting: 285308 | Available | 4/19/24
Burbank body shop, for an asset sale, is a hard to find body and paint shop. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, and mechanical repairs. Strategically located on a busy avenue in L.A.
Asking Price
$449,000
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
$197,304
Revenue
$998,000
Down
$30
Posting: 281656 | Available | 4/18/24
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
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 275022 | Available | 1/4/24
This is a well-established car dealership business for sale, for auto dismantling for auto parts, and repair. It was established in 2005 and a long-term lease is available with a starting rent of $6,000/month. The business sells almost any part that comes in a car and has a complete repair center.
Asking Price
$499,000
Cash flow
$118,732
Revenue
N/A
Down
N/A
Posting: 283307 | Available | 3/6/24
For sale is an automotive repair shop, historically certified as a Monterey Bay Green Business and offering full range of services. It's one of the last custom exhaust fabricators in the area. The absentee owner is retiring, making this a good opportunity for a new independent operator.
Asking Price
$115,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282561 | Available | 3/11/24
This automotive repair shop is located on a bustling street in the heart of San Lorenzo, CA. This certified business has built and maintained a reputation of outstanding service. They do full service and repair shop for domestic and foreign automobiles, including a certified smog check station.
Asking Price
$99,000
Cash flow
$191,605
Revenue
$811,762
Down
$135,000
Posting: 283167 | Available | 10/4/23
Well established over 20 years. The present owner works 5 days per week with 4 employees. This business has been consistently growing year after year. 2019 Sales were $533,300, 2020 sales $691,400, and 2021 was $755,000. 2022 sales were $811,762.
Asking Price
$780,000
Cash flow
Call/Email
Revenue
$120,000
Down
Call/Email
Posting: 284893 | Available | 3/17/24
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
$150,000
Cash flow
Call
Revenue
Call
Down
$32,999
Posting: 255025 | Available | 10/26/20
Well established Auto Dismantling for Auto Parts and Auto Repair / Recycling / Car Dealership Business for sale. The business sells almost any part that comes in a car and used part, new part, has a complete repair center. This turn key business with approx. $60,000 in inventory. Very low rent.
Asking Price
$32,999
Cash flow
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285683 | Available | 4/18/24
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
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 3/1/24
For sale 8 bays mechanic shop with smog check and repairs. It is located in Escondido, CA. Rent is only $3,220 per month. The building size is 3,100 SQ/FT. The lease is 12 years (asset sale). It has 8 bays and the asking price is $99,000.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286280 | Available | 4/26/24
A family-owned and operated auto repair business is for sale in Sunnyvale, CA, one of the major cities within California's high-tech area, known as Silicon Valley. This shop is ASE certified and services all makes and models, including BMW, Mercedes, and Volkswagen.
Asking Price
$120,000
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
$101,200
Revenue
$260,000
Down
$169,000
Posting: 277241 | Available | 4/16/24
For sale is a well-established auto repair shop with a history spanning 31 years, prominently located on a major high-traffic boulevard in an auto center building. The shop benefits from its 2,800 square-foot unit that offers excellent visibility, easy access, and ample parking.
Asking Price
$169,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 273818 | Available | 5/22/22
Well established Tire and Auto repair faculity business available in Anaheim. This is a turn key operation, price includes all equipment and tools. Operated from a large 3,192 sf facilty on a 14,041 sf site this shop has three large bays with lifts and air hose reels routed throughout.
Asking Price
$600,000
Cash flow
$201,877
Revenue
$924,521
Down
Call/Email
Posting: 279695 | Available | 6/29/23
This auto repair and service business was founded in 1984. Originally a Porsche specialty shop, over time (in the late '90s) they branched out to all German makes and models. This is an essential service that continues to do well, even in tough times (i.e. the pandemic).
Asking Price
$248,000
Cash flow
$200,000
Revenue
$900,000
Down
$345,000
Posting: 254833 | Available | 10/20/23
Price lowered fr $395k. For sale is a well-established hybrid auto repair shop with great customer reviews. This is a great investment opportunity for those seeking a profitable and reputable repair shop! It is located in the heart of the densely populated Miramar and Mira Mesa area.
Asking Price
$345,000
Cash flow
$146,420
Revenue
$398,171
Down
Call/Email
Posting: 285626 | Available | 3/12/24
For sale is a seventeen-year-old business with a long consistent history of profitability. It has an excellent reputation in the community with 5-star Yelp and Google ratings. This is a great opportunity for growth if the new owner does more marketing.
Asking Price
$359,000
Cash flow
$88,000
Revenue
$175,000
Down
$165,000
Posting: 285885 | Available | 3/28/24
This established mobile truck and trailer repair service, with a history spanning over 60 years, is now on the market. The current proprietor, having dedicated 47 years to its operation, is seeking retirement and looking to pass on the business.
Asking Price
$165,000
Cash flow
$73,328
Revenue
$401,769
Down
Call/Email
Posting: 278188 | Available | 4/12/24
This well established auto shop is located in Northern California and 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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285889 | Available | 3/28/24
This is a gated auto repair shop with Smog Star and a brake & lamp station since 1990. It is located on a corner with great visibility. Equipment and tools are included in the sale. The new owner can take it over and start to make money immediately.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 285353 | Available | 2/26/24
For sale is a highly profitable, and reputable premier automotive repair shop in Rancho Cucamonga, with more three decades of unparalleled service and expertise. This shop stands as a testament to excellence in the automotive industry, serving the community with unwavering dedication.
Asking Price
$2,000,000
Cash flow
Call/Email
Revenue
$157,814
Down
Call/Email
Posting: 285407 | Available | 2/28/24
This is a great opportunity for an auto mechanic to own a long-established and very well-respected auto repair business. The Seller owns the property so the lease terms are fully negotiable - this also means that the Seller has a vested interest in the continued success of the excellent business.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$0
Posting: 278901 | Available | 2/7/23
Auto repair and body shop for lease. Two buildings 5,200 sqft, lot 10,000 sqft. Rent will be $ 2.29 per sqft ($11,900). Six service bays, wit 3 lifts and compressor.
Asking Price
0 Lease Oppty
Cash flow
$132,000
Revenue
$360,000
Down
$50,000
Posting: 279801 | Available | 1/22/24
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
$120,000
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
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
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.
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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
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
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
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With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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!
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
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.
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.
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.
