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
$79,256
Revenue
$717,499
Down
Call/Email
Posting: 284636 | Available | 4/12/24
This business is well established and is located on a high-traffic street with 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
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 4/11/24
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
$70,000
Revenue
$450,000
Down
$850,000
Posting: 285011 | Available | 4/11/24
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
$267,778
Down
Call/Email
Posting: 283882 | Available | 4/4/24
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 | 4/4/24
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
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
N/A
Revenue
N/A
Down
$2,950,000
Posting: 283090 | Available | 3/26/24
We present a remarkable opportunity to acquire a well-established auto repair shop, complete with its free-standing building boasting 8 lifts (2 currently not in operation) and a top-notch alignment rack. Nestled in an upscale residential area with a thriving community.
Asking Price
$2,950,000
Cash flow
$190,185
Revenue
$1,107,280
Down
Call/Email
Posting: 282396 | Available | 3/26/24
This is a rare opportunity to own a classic car restoration gem in Sacramento County! Specializes in reviving 1950s-1975 domestic vehicles. Strong earnings, great team, SBA preapproved. Builds cars that look great and run well. Fantastic opportunity for any car enthusiast with a good business sense.
Asking Price
$600,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282399 | Available | 3/25/24
For sale is a Sinclair gas station with a snack and mechanic shop. The auto repair shop is rented month to month and is willing to remain at $6,000 monthly rent. The auto repair tenant is willing to sign a long-term lease. The station is presumed doing about 50 to 60K gallons/m of fuel.
Asking Price
$4,900,000
Cash flow
$78,884
Revenue
$733,466
Down
Call/Email
Posting: 285810 | Available | 3/23/24
This 20+-year-old auto service shop established since 2001 is located in the Riverside/Moreno Valley area with can't miss massive freeway exposure. This mostly absentee owner owns another shop over an hour away. It has low rent and is absentee run.
Asking Price
$199,000
Cash flow
$190,000
Revenue
$985,000
Down
Call/Email
Posting: 285681 | Available | 3/21/24
This is a 6,000 sq ft. auto repair business with 1/2 acre fenced in lot with parking for 35 cars. Thirty four year history of consistent profitability. Stellar reputation in the community with 5 star Yelp and Google ratings. Owner doesn't do any type of marketing. Seller owns the property.
Asking Price
$474,000
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
$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
$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
$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
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
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
$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
$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
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
$78,884
Revenue
$733,466
Down
Call/Email
Posting: 285810 | Available | 3/23/24
This 20+-year-old auto service shop established since 2001 is located in the Riverside/Moreno Valley area with can't miss massive freeway exposure. This mostly absentee owner owns another shop over an hour away. It has low rent and is absentee run.
Asking Price
$199,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285085 | Available | 4/30/24
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
$190,185
Revenue
$1,107,280
Down
Call/Email
Posting: 282396 | Available | 3/26/24
This is a rare opportunity to own a classic car restoration gem in Sacramento County! Specializes in reviving 1950s-1975 domestic vehicles. Strong earnings, great team, SBA preapproved. Builds cars that look great and run well. Fantastic opportunity for any car enthusiast with a good business sense.
Asking Price
$600,000
Cash flow
Call/Email
Revenue
$1,236,618
Down
Call/Email
Posting: 286818 | Available | 5/29/24
Opportunity to buy a well-established auto repair shop on a busy street. Full-service center with 40+ years of quality and reliability. Ideal for new or expanding business owners. Includes training, support, and equipment. Contact us for details and to schedule a viewing. Don't miss out!
Asking Price
$685,000
Cash flow
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285683 | Available | 5/22/24
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
$669,995
Down
$150,000
Posting: 286811 | Available | 5/29/24
Here is a great opportunity to own and operate a national auto service franchise in the South Bay. There is a manager and excellent team in place. Great Location. A dedicated full-time working owner should greatly increase sales and profits at this desirable but underperforming store.
Asking Price
$150,000
Cash flow
$164,000
Revenue
$693,511
Down
Call/Email
Posting: 280853 | Available | 5/3/24
This is an established auto repair in South Orange County located next to the 5 Freeway. They have a great customer base with 5-star Google and Yelp ratings. They have a long history of profitability.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 286801 | Available | 5/28/24
We offer all types of new tires and provide a variety of auto repairs and services. This is a well-established business with a regular client base, ideal for any operator inclined towards auto services.
Asking Price
$839,000
Cash flow
$70,000
Revenue
$450,000
Down
$850,000
Posting: 285011 | Available | 4/11/24
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
$180,000
Revenue
$540,000
Down
Call/Email
Posting: 280169 | Available | 6/27/23
For sale is an auto repair and maintenance with free drop-off/pick-up services. Why pay more? We beat any written estimates by 10% or more. They do tune-up specials, brakes, transmission services, oil changes, and filters. They do fully synthetic oil change specials.
Asking Price
$160,000
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
$101,589
Revenue
$1,073,930
Down
Call / Email
Posting: 279551 | Available | 3/7/23
Multi-Unit Automotive Service Franchises. Locations in Hoover and Clanton Alabama. Each location is a fully staffed 6 bay full-service automotive service center with a presence in the community for many years. There is management in place at each location with experienced staff.
Asking Price
$375,000
Cash flow
$650,000
Revenue
$1,650,000
Down
$350,000
Posting: 279681 | Available | 4/15/24
These don't come around for us but about once every couple of years. And, if we lived closer, we'd buy it ourselves ��no joke. This is truly THE DEAL OF THE YEAR on a highly profitable, full service, clean, automotive repair business (franchise).
Asking Price
$1,600,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282399 | Available | 3/25/24
For sale is a Sinclair gas station with a snack and mechanic shop. The auto repair shop is rented month to month and is willing to remain at $6,000 monthly rent. The auto repair tenant is willing to sign a long-term lease. The station is presumed doing about 50 to 60K gallons/m of fuel.
Asking Price
$4,900,000
Cash flow
$198,099
Revenue
Call/Email
Down
Call/Email
Posting: 284945 | Available | 4/4/24
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
$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
$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
$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
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281479 | Available | 4/30/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284209 | Available | 5/20/24
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
$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
$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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 5/23/24
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
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
$108,820
Revenue
$236,000
Down
$100,000
Posting: 278952 | Available | 5/9/24
This auto body paint and repair shop has been established for 20 years, situated in a free-standing building on a high-traffic avenue with high visibility. This business can be a good acquisition for an auto body shop business that needs more production capacity at a reasonable price.
Asking Price
$100,000
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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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.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
