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: 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
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 273818 | Available | 5/22/22
Well established Tire and Auto repair faculity business available in Anaheim. This is a turn key operation, price includes all equipment and tools. Operated from a large 3,192 sf facilty on a 14,041 sf site this shop has three large bays with lifts and air hose reels routed throughout.
Asking Price
$600,000
Cash flow
$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
$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
$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
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 273818 | Available | 5/22/22
Well established Tire and Auto repair faculity business available in Anaheim. This is a turn key operation, price includes all equipment and tools. Operated from a large 3,192 sf facilty on a 14,041 sf site this shop has three large bays with lifts and air hose reels routed throughout.
Asking Price
$600,000
Cash flow
$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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286280 | Available | 4/26/24
A family-owned and operated auto repair business is for sale in Sunnyvale, CA, one of the major cities within California's high-tech area, known as Silicon Valley. This shop is ASE certified and services all makes and models, including BMW, Mercedes, and Volkswagen.
Asking Price
$120,000
Cash flow
$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
$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
$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
$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
$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
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
$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
Call / Email
Posting: 276566 | Available | 9/29/22
For sale is a well-established automotive repair and service business. The owner will carry with financial assistance. It is located in Fullerton, Orange County, CA. The asking price is $250,000.
Asking Price
$250,000
Cash flow
N/A
Revenue
N/A
Down
$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
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
$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
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
$148,248
Revenue
$1,010,052
Down
Call/Email
Posting: 280935 | Available | 3/21/24
The most recognized name in the muffler service and repair business, Midas is poised to take advantage of the growing used car market and remain an industry leader. Go with a winner, Midas. Imagine a 42% return on your money and pride of ownership!
Asking Price
$350,000
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/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 4/22/24
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
$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
Bldg Size
1,347 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 286250 | Available | 4/24/24
Discover the potential of this former Gas Station property on busy Willow Pass Road. The fuel tanks and equipment have been removed, and there are no environmental issues just endless possibilities! You could turn it into a bustling retail spot or use the existing building for different businesses.
Asking Price
$1,500,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 3/1/24
For sale 8 bays mechanic shop with smog check and repairs. It is located in Escondido, CA. Rent is only $3,220 per month. The building size is 3,100 SQ/FT. The lease is 12 years (asset sale). It has 8 bays and the asking price is $99,000.
Asking Price
$99,000
Cash flow
$191,605
Revenue
$811,762
Down
$135,000
Posting: 283167 | Available | 10/4/23
Well established over 20 years. The present owner works 5 days per week with 4 employees. This business has been consistently growing year after year. 2019 Sales were $533,300, 2020 sales $691,400, and 2021 was $755,000. 2022 sales were $811,762.
Asking Price
$780,000
Cash flow
Call/Email
Revenue
$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
$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
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
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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
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.
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.
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 everyone who's decided to buy a small business in California knows the importance of due diligence. That involves close examination of a business prior to removing contingencies. But not everyone knows how to uncover problems that are not obvious. Here are five of the most common hidden issues.
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.
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.
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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
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 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.
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!
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.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The 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.
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.
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.
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.
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.
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores 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.
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.
