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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281191 | Available | 10/9/23
This auto repair garage shop is approximately 1,050 sq ft. with two bays, hydraulics lifts, office, and bathroom, situated on a lot of approximately 16,000 sq ft., which is currently used as a neighborhood auto repair shop. The property is located in the incorporated area of the County of Alameda.
Asking Price
$1,300,000
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
$181,871
Revenue
$455,875
Down
Call/Email
Posting: 281865 | Available | 7/31/23
This very profitable auto repair shop is available for sale so the seller can work closer to his North Jersey home. He has operated the business profitably for 16 years with a long commute and now has other interests.
Asking Price
$450,000
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
$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
$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
$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
$264,000
Revenue
$625,000
Down
Call/Email
Posting: 281288 | Available | 6/20/23
This is a rare opportunity to purchase two well-established and reputable automotive repair businesses, each known for their exceptional workmanship, personalized service, and expertise.
Asking Price
$580,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280705 | Available | 5/12/23
This excellent automotive repair facility in Ridgecrest, CA is the perfect opportunity for the right buyer to take advantage of a business where the groundwork for success has already been built over many years. The business has been operating since with the current owners for over 30 years.
Asking Price
$875,000
Cash flow
$288,934
Revenue
$892,330
Down
$778,500
Posting: 280206 | Available | 4/13/23
This is an auto shop for professionals looking to buy a super clean shop with plenty of room to grow! Four bays with two additional bays available, modern equipment and tools, plenty of parking, long-term employees, great cash flow, and a great reputation online. This shop deserves a look!
Asking Price
$865,000
Cash flow
$120,000
Revenue
$360,000
Down
$150,000
Posting: 278915 | Available | 3/23/23
For sale or for lease is an auto repair and body shop. Its size is 1,200 + 750 sq ft. and the lot size is 7,000 sq ft. It comes with 4 hoists and 2 bays. The monthly receipts are $30,000 a month, net $10,000 a month, and the price is $150,000. If you lease rent will be $12,500. The lease is 2+5.
Asking Price
$150,000
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
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
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
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
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
Cash flow
$190,185
Revenue
$1,107,280
Down
$60,000
Posting: 282465 | Available | 4/15/24
This is an award-winning classic car restoration gem in Sacramento County! They have had consistent earnings even through Covid with 2022 SDE at $267,970. Focusing on 1950s-1975 domestic vehicles, their expertise in quality restorations results in vehicles that both look and perform great.
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
$99,110
Revenue
$310,743
Down
Call/Email
Posting: 263942 | Available | 4/12/24
This established auto repair shop provides all minor/major repairs on foreign and domestic vehicles. It also completes preventative maintenance and diagnosis work. With over 40 years, they have approximately 90% customer retention and are very well-established. Gross revenue $311K Cash Flow $99K.
Asking Price
$200,000
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: 280705 | Available | 5/12/23
This excellent automotive repair facility in Ridgecrest, CA is the perfect opportunity for the right buyer to take advantage of a business where the groundwork for success has already been built over many years. The business has been operating since with the current owners for over 30 years.
Asking Price
$875,000
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
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
$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
$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
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
$264,000
Revenue
$625,000
Down
Call/Email
Posting: 281288 | Available | 6/20/23
This is a rare opportunity to purchase two well-established and reputable automotive repair businesses, each known for their exceptional workmanship, personalized service, and expertise.
Asking Price
$580,000
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
$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
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
$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
$120,000
Revenue
$252,000
Down
$300,000
Posting: 285764 | Available | 4/23/24
An auto repair shop with a history spanning 39 years is prominently located on a major high-traffic boulevard in an auto center building. The shop specializes in Brakes and Alignment; a new owner could add tires, mufflers, smog check, or make it a full-service auto repair.
Asking Price
$300,000
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
Cash flow
$288,934
Revenue
$892,330
Down
$778,500
Posting: 280206 | Available | 4/13/23
This is an auto shop for professionals looking to buy a super clean shop with plenty of room to grow! Four bays with two additional bays available, modern equipment and tools, plenty of parking, long-term employees, great cash flow, and a great reputation online. This shop deserves a look!
Asking Price
$865,000
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
$37,303
Revenue
$129,000
Down
Call/Email
Posting: 284753 | Available | 4/12/24
A full-service automotive shop for sale in Palm Springs is available for purchase. This shop has gained a great reputation for its commitment to honest repairs and quotes, as well as excellent customer service. Service is performed by skilled technicians who are experienced with various makes.
Asking Price
$49,000
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
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
$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
$240,000
Down
$85,000
Posting: 285686 | Available | 4/19/24
For sale is a well-established auto repair shop in the city of San Bernardino. The owner finally wants to retire after 14 years working at the same location. Its size is about 1,400 sqft with 3 bays and lots of parking space. The current rent is just $1,910. All the tools are included in the sale.
Asking Price
$85,000
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
If you are looking at California smog shops with the idea of buying one in order to have your own business, you'll be pleased to know this type of company can be quite profitable if operated properly. To get the best return on your investment in this business, plan to work as the test technician.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
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.
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To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
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.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
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.
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.
