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
$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: 275005 | Available | 7/8/22
Take advantage of an opportunity to own an established automotive and diesel repair shop in Central California. The shop has been in business since 2017 and has built a loyal clientele from its reputation for quality product offerings and customer service. The excellent online reviews are a testamen
Asking Price
$198,000
Cash flow
$167,034
Revenue
$1,751,819
Down
$297,000
Posting: 272357 | Available | 2/15/22
Long established Tire & Service Center in a prime location in a medium sized town in San Diego North County with a total of seven neighborhoods that range in size and density. The population is over 20,000 with a wide demographic and active community. Selling tires & service for any budget & vehicle
Asking Price
$495,000
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
$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
$120,000
Down
Call/Email
Posting: 284893 | Available | 5/2/24
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
$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
$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
All Cash
Posting: 286047 | Available | 4/8/24
The automotive repair business is a single shop with two bays and two lifts. It does not provide services for smog checks or alignments. The operation is managed by one individual, with the assistance of a part-time helper. Monthly revenue typically ranges between $15,000 and $20,000.
Asking Price
$110,000
Cash flow
N/A
Revenue
N/A
Down
$200,000
Posting: 285420 | Available | 4/2/24
This is an incredible opportunity to own a thriving Star Certified smog test & repair shop. The shop is a full-service auto repair facility with state-of-the-art tools and equipment that has been operating in The Painter Auto Center location since 2000.
Asking Price
$200,000
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
$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
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
$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
$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
$228,516
Revenue
$669,854
Down
Call/Email
Posting: 284082 | Available | 5/8/24
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
$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
$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
$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
$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
$167,034
Revenue
$1,751,819
Down
$297,000
Posting: 272357 | Available | 2/15/22
Long established Tire & Service Center in a prime location in a medium sized town in San Diego North County with a total of seven neighborhoods that range in size and density. The population is over 20,000 with a wide demographic and active community. Selling tires & service for any budget & vehicle
Asking Price
$495,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 5/9/24
For sale 8 bays mechanic shop with smog check and repairs. (Assets Sale) It is located in Escondido, CA. Rent is only $3,600 per month. The building size is about 4,700 SQ/FT. The lease is 11 years (asset sale). It has 8 bays and the asking price is $75,000.
Asking Price
$75,000
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
$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
$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
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
$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
$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
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
$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
$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
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.
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am 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
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
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.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
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 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.
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...
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.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
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.
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.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
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.
