Cash flow
$120,000
Revenue
$360,000
Down
Call/Email
Posting: 286599 | Available | 6/14/24
This auto repair business has been in operation for over 20 years with repeat clients. They handle all types of repairs for both domestic and foreign automobiles as well as Smog testing. They have lifts and most of the tools necessary for all types of repairs.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$100,000
Posting: 287071 | Available | 6/13/24
Be the lucky buyer to acquire this 20 plus year auto shop in the heart of Long Beach. This shop already has 3 revenue streams in place that generate the new buyer $4500 a month.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$240,000
Down
$85,000
Posting: 285686 | Available | 6/13/24
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
Cash flow
$351,000
Revenue
$1,500,000
Down
Call / Email
Posting: 287033 | Available | 6/10/24
This is a general auto repair for sale in San Diego North County. The facility is 3,100 sq ft with an additional 400 sq ft office. The shop has been in business for 29 years. They have an excellent reputation in San Diego County with five stars on Yelp/Google.
Asking Price
$998,000
Cash flow
$185,507
Revenue
$882,163
Down
$432,700
Posting: 287022 | Available | 6/10/24
This auto repair shop is operated by husband & wife as a C Corporation since April 2001. The business is open Monday to Friday only from 7:30 to 5:00 PM. The company currently employees 2 techs, as its only employees in the business.
Asking Price
$432,700
Cash flow
$292,483
Revenue
$1,133,750
Down
$80,000
Posting: 282827 | Available | 6/8/24
This is an 18-year established family-owned business performing general automotive repairs in Yolo County. The business specializes in engine diagnostics, vehicle maintenance, steering & suspension, tires, AC diagnostics and general repairs of domestic & imported vehicles.
Asking Price
$800,000
Cash flow
$150,000
Revenue
$150,000
Down
$300,000
Posting: 286955 | Available | 6/5/24
For sale is a well-established auto transmission shop in El Monte. This facility is well equipped and a turn key business with potential to growth. It has 5 bays and over 5,000 SF. More than 17 years old business with a long consistent history of profitability. Do not disturb occupants.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$80,000
Posting: 286921 | Available | 6/3/24
Is it time to create your own freedom? Is it time to make a difference for yourself? Break the bond and tie of where you are working and create the best opportunities to make it better for yourself. You deserve the best.
Asking Price
$80,000
Cash flow
$146,289
Revenue
$530,959
Down
$195,000
Posting: 286849 | Available | 5/29/24
This business has been trusted in the community since 1988, this auto repair shop services domestic and foreign cars and trucks and continues to provide the highest level of quality of service, 90% of the customers are estimated to be repeat customers with a great reputation.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
$1,236,618
Down
Call/Email
Posting: 286818 | Available | 5/29/24
Opportunity to buy a well-established auto repair shop on a busy street. Full-service center with 40+ years of quality and reliability. Ideal for new or expanding business owners. Includes training, support, and equipment. Contact us for details and to schedule a viewing. Don't miss out!
Asking Price
$685,000
Cash flow
Call/Email
Revenue
$669,995
Down
$125,000
Posting: 286811 | Available | 5/29/24
Here is a great opportunity to own and operate a national auto service franchise in the South Bay. There is a manager and excellent team in place. Great Location. A dedicated full-time working owner should greatly increase sales and profits at this desirable but underperforming store.
Asking Price
$125,000
Cash flow
$105,020
Revenue
$823,952
Down
$250,000
Posting: 286798 | Available | 5/28/24
This is a great opportunity to own a profitable national franchise auto service store in the South Bay. Experienced manager and an excellent team in place. Great location. The franchisor offers extended training and support. Must Sell, Motivated Seller. All offers will be considered.
Asking Price
$250,000
Cash flow
$195,748
Revenue
$1,050,236
Down
Call/Email
Posting: 286797 | Available | 5/28/24
You can own this high-volume established National franchise auto service in the South Bay. An experienced manager and an excellent team in place. Great Location. Extended training and support are available by the franchisor. Must Sell, Motivated Seller. All reasonable offers will be considered.
Asking Price
$275,000
Cash flow
$79,122
Revenue
$665,040
Down
Call/Email
Posting: 286796 | Available | 5/28/24
For sale is a great opportunity to own and operate a National Auto Service Franchise in the South Bay. Experienced manager and an excellent team in place at a great location. Extended training and support are offered by the franchisor. Must Sell, Motivated Seller. All offers will be considered.
Asking Price
$125,000
Cash flow
$202,199
Revenue
$814,419
Down
Call/Email
Posting: 286788 | Available | 5/28/24
Great opportunity to own a profitable National auto service franchise in the East Bay. Experienced manager and excellent team in place. Long established and great location. Extended Franchise Training and Support available. Must Sell. Motivated seller. All offers will be considered.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 286047 | Available | 5/25/24
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
$99,000
Cash flow
$263,491
Revenue
$657,712
Down
Call/Email
Posting: 286747 | Available | 5/24/24
For sale is a profitable, turnkey ASE-Certified auto repair service in the heart of Santa Clara County for 15 years. It is a well-run, reputable auto repair facility focusing on high-quality general automotive repair and services, maintenance, diagnostic, and tire services.
Asking Price
$645,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286280 | Available | 5/23/24
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
$99,000
Cash flow
Call/Email
Revenue
$120,000
Down
Call/Email
Posting: 284893 | Available | 5/23/24
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
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285889 | Available | 5/23/24
This is a gated auto repair shop with Smog Star and a brake & lamp station since 1990. It is located on a corner with great visibility. Equipment and tools are included in the sale. The new owner can take it over and start to make money immediately.
Asking Price
$220,000
Cash flow
$148,248
Revenue
$1,010,052
Down
Call/Email
Posting: 280935 | Available | 5/22/24
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 45% return on your cash, and pride of ownership!
Asking Price
$297,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 5/21/24
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$749,000
Cash flow
$208,169
Revenue
$981,445
Down
$39,500
Posting: 286670 | Available | 5/21/24
This business specializes in automatic transmission repairs in Placer County for over 30 years. They have a steady and reliable source of revenue with positive SDE. Vehicles serviced include transmission and transfer cases diagnosis, service repairs, rebuilds and replacements.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284209 | Available | 5/20/24
Express Auto Repair Shop is a well-established business in a great location around the area of San Bruno. The shop is located in an industrial warehouse on a high-traffic street. This business has been here for a long time and has over 30 years of experience.
Asking Price
$295,000
Cash flow
$168,000
Revenue
$600,000
Down
$175,000
Posting: 285284 | Available | 5/20/24
This well-established auto repair shop, located in the heart of Orange County, offers a remarkable opportunity for prospective buyers. Featuring 3 spacious bays and 2 advanced hoists, this facility is well-equipped to service both domestic and imported vehicles with high efficiency and expertise.
Asking Price
$175,000
Cash flow
$300,000
Revenue
$725,054
Down
Call/Email
Posting: 286632 | Available | 5/19/24
This auto repair shop in Newhall is in an extremely desirable area, with constant pass-by traffic. This profitable shop stays busy considering its great location and well established goodwill, and loyal customer base. This shop has been around for almost 20 years and continues to be a leader.
Asking Price
$675,750
Cash flow
$262,000
Revenue
$757,807
Down
Call/Email
Posting: 286631 | Available | 5/19/24
This auto repair shop in Santa Clarita is in an extremely desirable area, with constant pass-by traffic. This profitable shop stays busy considering its great location and well established goodwill, and loyal customer base. This shop has been around for over a decade and continues to be a leader.
Asking Price
$574,750
Cash flow
$235,071
Revenue
$773,297
Down
Call/Email
Posting: 286598 | Available | 5/16/24
This established auto service and repair shop was originally founded in 1980. The current owner acquired the business in 1987. It has solid year over year revenues with a cash flow of $235,071. This business is very well established in a great location!
Asking Price
$395,000
Cash flow
$120,000
Revenue
$360,000
Down
Call/Email
Posting: 286599 | Available | 6/14/24
This auto repair business has been in operation for over 20 years with repeat clients. They handle all types of repairs for both domestic and foreign automobiles as well as Smog testing. They have lifts and most of the tools necessary for all types of repairs.
Asking Price
$149,000
Cash flow
$213,000
Revenue
$833,000
Down
CALL
Posting: 277640 | Available | 12/1/22
This successful business diagnoses and rebuilds automatic and manual transmissions as well as differential/gear work opened in 2005. The Sellers have spent 15-plus years building a smoothly operating service center that provides a reliable and much-needed service to the community.
Asking Price
$350,000
Cash flow
$77,000
Revenue
$500,000
Down
$20
Posting: 283521 | Available | 2/29/24
This is a well-established, top brand full-service automotive repair franchise resale (not a start-up) with an incredibly good reputation and unprecedented national recognition. Located in Oakland. Extensive Training/Support provided. No experience in automotive is needed or required.
Asking Price
$170,000
Cash flow
$148,248
Revenue
$1,010,052
Down
Call/Email
Posting: 280935 | Available | 5/22/24
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 45% return on your cash, and pride of ownership!
Asking Price
$297,000
Cash flow
$300,000
Revenue
$725,054
Down
Call/Email
Posting: 286632 | Available | 5/19/24
This auto repair shop in Newhall is in an extremely desirable area, with constant pass-by traffic. This profitable shop stays busy considering its great location and well established goodwill, and loyal customer base. This shop has been around for almost 20 years and continues to be a leader.
Asking Price
$675,750
Cash flow
$150,000
Revenue
$150,000
Down
$300,000
Posting: 286955 | Available | 6/5/24
For sale is a well-established auto transmission shop in El Monte. This facility is well equipped and a turn key business with potential to growth. It has 5 bays and over 5,000 SF. More than 17 years old business with a long consistent history of profitability. Do not disturb occupants.
Asking Price
$300,000
Cash flow
$73,328
Revenue
$401,769
Down
Call/Email
Posting: 278188 | Available | 4/12/24
This well established auto shop is located in Northern California and is fully equipped with well-maintained, state-of-the-art equipment. There is an option to purchase the building from the landlord if interested. Gross $401,769 Cash Flow $73,328
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281111 | Available | 2/22/24
This long-established auto repair shop services most foreign and domestic makes and models. The business keeps most work in-house providing drum and rotor turning, as well as complete brake service, oil changes, and tire rotations.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$240,000
Down
$85,000
Posting: 285686 | Available | 6/13/24
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
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285085 | Available | 4/30/24
For sale is an established, family-owned automotive repair and service shop located in the city of Santa Clara, California. The business has been thriving for almost 10 years. The shop has 5,000+sq ft. for auto repair. The owner works with one employee.
Asking Price
$275,000
Cash flow
$146,289
Revenue
$530,959
Down
$195,000
Posting: 286849 | Available | 5/29/24
This business has been trusted in the community since 1988, this auto repair shop services domestic and foreign cars and trucks and continues to provide the highest level of quality of service, 90% of the customers are estimated to be repeat customers with a great reputation.
Asking Price
$195,000
Cash flow
$1,812,384
Revenue
$3,815,000
Down
$3,694,000
Posting: 284702 | Available | 4/30/24
This exceptional opportunity presents the chance to own a thriving, high-production luxury auto body, and paint shop in the bustling heart of Los Angeles. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, wrapping, etc.
Asking Price
$3,694,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 5/16/24
This state-of-the-art express car wash and car care center was recently converted to an express car wash and opened up about Early 2022. The sellers spent over $1.1 million on the conversion, adding state-of-the-art equipment including 18 vacuums.
Asking Price
$3,399,000
Cash flow
$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
$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
$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
$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
$220,000
Revenue
$935,000
Down
Call/Email
Posting: 286195 | Available | 4/19/24
Built on a foundation of loyal clientele, the business excels in delivering swift and competitive repairs. Its strategic location within an automotive commerce hub has facilitated an impressive 15% growth over the past year. The business offers a comprehensive range of repair services, from routine.
Asking Price
$525,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286280 | Available | 5/23/24
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
$99,000
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
$105,020
Revenue
$823,952
Down
$250,000
Posting: 286798 | Available | 5/28/24
This is a great opportunity to own a profitable national franchise auto service store in the South Bay. Experienced manager and an excellent team in place. Great location. The franchisor offers extended training and support. Must Sell, Motivated Seller. All offers will be considered.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 286047 | Available | 5/25/24
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
$99,000
Cash flow
$202,199
Revenue
$814,419
Down
Call/Email
Posting: 286788 | Available | 5/28/24
Great opportunity to own a profitable National auto service franchise in the East Bay. Experienced manager and excellent team in place. Long established and great location. Extended Franchise Training and Support available. Must Sell. Motivated seller. All offers will be considered.
Asking Price
$275,000
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
$181,871
Revenue
$455,875
Down
Call/Email
Posting: 281865 | Available | 5/8/24
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
$263,491
Revenue
$657,712
Down
Call/Email
Posting: 286747 | Available | 5/24/24
For sale is a profitable, turnkey ASE-Certified auto repair service in the heart of Santa Clara County for 15 years. It is a well-run, reputable auto repair facility focusing on high-quality general automotive repair and services, maintenance, diagnostic, and tire services.
Asking Price
$645,000
Cash flow
N/A
Revenue
N/A
Down
$449,000
Posting: 285308 | Available | 4/19/24
Burbank body shop, for an asset sale, is a hard to find body and paint shop. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, and mechanical repairs. Strategically located on a busy avenue in L.A.
Asking Price
$449,000
Cash flow
$235,071
Revenue
$773,297
Down
Call/Email
Posting: 286598 | Available | 5/16/24
This established auto service and repair shop was originally founded in 1980. The current owner acquired the business in 1987. It has solid year over year revenues with a cash flow of $235,071. This business is very well established in a great location!
Asking Price
$395,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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
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
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.
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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.
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.
