Cash flow
Call/Email
Revenue
$120,000
Down
Call/Email
Posting: 284893 | Available | 3/17/24
This is a high-quality, ASE-certified auto repair shop for sale in Fremont. The shop is clean and roomy. This is not your typical tech shop where it is dirty and messy with parts. There are shared parking spaces with another auto shop next to it. It is approximately 2,400 square feet with 7 bays.
Asking Price
$150,000
Cash flow
$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
Call/Email
Down
Call/Email
Posting: 282561 | Available | 3/11/24
This automotive repair shop is located on a bustling street in the heart of San Lorenzo, CA. This certified business has built and maintained a reputation of outstanding service. They do full service and repair shop for domestic and foreign automobiles, including a certified smog check station.
Asking Price
$99,000
Cash flow
$118,732
Revenue
N/A
Down
N/A
Posting: 283307 | Available | 3/6/24
For sale is an automotive repair shop, historically certified as a Monterey Bay Green Business and offering full range of services. It's one of the last custom exhaust fabricators in the area. The absentee owner is retiring, making this a good opportunity for a new independent operator.
Asking Price
$115,000
Cash flow
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 285471 | Available | 3/2/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. Hourly rates are on par with those offered by dealerships.
Asking Price
$1,400,000
Cash flow
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
$77,000
Revenue
$500,000
Down
$20
Posting: 283521 | Available | 2/29/24
This is a well-established, top brand full-service automotive repair franchise resale (not a start-up) with an incredibly good reputation and unprecedented national recognition. Located in Oakland. Extensive Training/Support provided. No experience in automotive is needed or required.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$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
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 285353 | Available | 2/26/24
For sale is a highly profitable, and reputable premier automotive repair shop in Rancho Cucamonga, with more three decades of unparalleled service and expertise. This shop stands as a testament to excellence in the automotive industry, serving the community with unwavering dedication.
Asking Price
$2,000,000
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
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
Posting: 285252 | Available | 2/19/24
I am a business broker representing a client who is interested in purchasing multiple mechanic shops in Southern California. My client is looking for sizable shops that have at least 5 bays/lifts. They can be specialized or not specialized.
Cash flow
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277709 | Available | 2/8/24
Ready to own your future? Tap into the recession resistant $292 billion auto care industry and invest in an AAMCO franchise. No automotive repair experience is necessary -- all you need is investment and an entrepreneurial drive. They'll back you with their worldwide reputation.
Asking Price
$499,000
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
$358,700
Revenue
$982,600
Down
Call/Email
Posting: 283496 | Available | 1/4/24
For over 35 years, this auto repair business has been servicing the numerous communities of the High Desert. This is a very profitable full-service shop with the opportunity for the buyer to purchase the real property. Additionally, the business provides a wide range of fleet maintenance services.
Asking Price
$750,000
Cash flow
$54,718
Revenue
$633,753
Down
$54,718
Posting: 284333 | Available | 12/17/23
This auto repair shop in the Diamond Bar has an outstanding location on a very busy street. There is plenty of parking and room for vehicles. The profitable shop stays busy based on its great location and well-established customer base. There are 6 bays, 5 lifts, and 1 alignment rack.
Asking Price
$89,850
Cash flow
$228,516
Revenue
$669,854
Down
Call/Email
Posting: 284082 | Available | 11/29/23
This Burlington & Camden County, very-profitable, 5-bay full-service auto repair and transmission repair shop, in Central New Jersey is available for sale due to the relocation of the owner. They expertly perform engine repairs, brake, and air conditioner repairs, transmission, clutch, and more.
Asking Price
$599,000
Cash flow
$200,000
Revenue
$1,400,000
Down
$130,000
Posting: 284053 | Available | 11/28/23
This is a well-established, top brand full-service automotive repair franchise (not a start-up) with an incredibly good reputation and unprecedented national recognition. The business provides a great lifestyle with family-friendly operating hours. The company specializes in complete car care.
Asking Price
$650,000
Cash flow
$442,000
Revenue
$1,374,000
Down
Call/Email
Posting: 283005 | Available | 11/21/23
For sale is a highly specialized high-end, luxury, and sports car service and repair. It has a superb location, facilities, and equipment. In addition to performing regular service and repairs, the business has specially trained and experienced techs/mechanics who have significant experience.
Asking Price
$1,195,000
Cash flow
$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
$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
$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
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
$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
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: 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
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
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
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277709 | Available | 2/8/24
Ready to own your future? Tap into the recession resistant $292 billion auto care industry and invest in an AAMCO franchise. No automotive repair experience is necessary -- all you need is investment and an entrepreneurial drive. They'll back you with their worldwide reputation.
Asking Price
$499,000
Cash flow
$168,000
Revenue
$600,000
Down
$178,000
Posting: 285284 | Available | 3/26/24
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
$178,000
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
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 285471 | Available | 3/2/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. Hourly rates are on par with those offered by dealerships.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
$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
$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
$118,732
Revenue
N/A
Down
N/A
Posting: 283307 | Available | 3/6/24
For sale is an automotive repair shop, historically certified as a Monterey Bay Green Business and offering full range of services. It's one of the last custom exhaust fabricators in the area. The absentee owner is retiring, making this a good opportunity for a new independent operator.
Asking Price
$115,000
Cash flow
$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
$341,997
Revenue
$800,606
Down
$5,500,000
Posting: 283990 | Available | 4/24/24
For sale is a comprehensive, built-out and turn-key truck services center. There is approximately 4.5 acres of real estate included. It is in a major north-south travel corridor. Their FDOT average daily traffic count is 18,400.
Asking Price
$6,250,000
Cash flow
$228,516
Revenue
$669,854
Down
Call/Email
Posting: 284082 | Available | 11/29/23
This Burlington & Camden County, very-profitable, 5-bay full-service auto repair and transmission repair shop, in Central New Jersey is available for sale due to the relocation of the owner. They expertly perform engine repairs, brake, and air conditioner repairs, transmission, clutch, and more.
Asking Price
$599,000
Cash flow
$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
$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
$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
$442,000
Revenue
$1,374,000
Down
Call/Email
Posting: 283005 | Available | 11/21/23
For sale is a highly specialized high-end, luxury, and sports car service and repair. It has a superb location, facilities, and equipment. In addition to performing regular service and repairs, the business has specially trained and experienced techs/mechanics who have significant experience.
Asking Price
$1,195,000
Cash flow
$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
$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
$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
$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
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
$79,256
Revenue
$717,499
Down
Call/Email
Posting: 284636 | Available | 4/12/24
This business is well established and located on a high-traffic street, with great visibility! The business benefits from a large and loyal clientele list, and established name recognition. This multifaceted business stays scheduled at capacity. Gross $717,499 Cash Flow $79,256
Asking Price
$225,000
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: 276566 | Available | 9/29/22
For sale is a well-established automotive repair and service business. The owner will carry with financial assistance. It is located in Fullerton, Orange County, CA. The asking price is $250,000.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282561 | Available | 3/11/24
This automotive repair shop is located on a bustling street in the heart of San Lorenzo, CA. This certified business has built and maintained a reputation of outstanding service. They do full service and repair shop for domestic and foreign automobiles, including a certified smog check station.
Asking Price
$99,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$1,100,000
Posting: 285227 | Available | 4/11/24
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
$1,100,000
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
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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
I am 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
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.
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.
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.
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.
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.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California business.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
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.
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.
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.
