Cash flow
$136,000
Revenue
$315,000
Down
Call/Email
Posting: 284644 | Available | 1/11/24
For sale is a nice cafe and bakery shop at a good location that could do better with a family operation to save extra labor paid to employees. It is next to Walmart with heavy foot traffic. The business has extra potential with fresh blood and people who are motivated to promote the business.
Asking Price
$97,000
Cash flow
$60,000
Revenue
$360,000
Down
Call/EMail
Posting: 284390 | Available | 12/21/23
This profitable bakery/cafe, located in the ever-popular North Hollywood, offers a wide selection of fresh food, including delicious breakfast burritos, croissants, French pizza, giant bagels with fresh toppings, French churros, puffs, and much more. The seller's retirement is a great opportunity.
Asking Price
$65,000
Cash flow
$132,000
Revenue
$345,000
Down
Call/Email
Posting: 272331 | Available | 12/18/23
The donuts are amazingly fresh and absolutely delicious and melt in your mouth. This is without question the best donuts made from high-quality ingredients as the donuts are surprisingly fresh and always consistent and you can taste the quality difference in their donuts versus other places.
Asking Price
$189,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284159 | Available | 12/5/23
For sale is a great location for bakery, sandwich, tea, coffee, dessert store, etc. There is plenty of parking. There are lots of great restaurants nearby and Costco is just a mile away. It is 1,100 sq. ft and the rent is $3,780 (negotiable)/CAM is $1,058.40 with a 5-year lease (negotiable).
Asking Price
$55,000
Cash flow
$200,000
Revenue
$1,400,000
Down
Cash Only
Posting: 237403 | Available | 11/14/23
This is an absentee owner operation with high volume and high net profit. It consists of Middle Eastern/Indian grocery items, a meat department, a bakery, and a restaurant serving Afghan food, or you can use any other food. This is around a central East Bay location so it is close to 880-680 area.
Asking Price
$400,000
Cash flow
$519,390
Revenue
$3,620,497
Down
$1,650,000
Posting: 277604 | Available | 11/14/23
This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues.
Asking Price
$1,550,000
Cash flow
$509,051
Revenue
$2,206,799
Down
Call/Email
Posting: 283208 | Available | 10/4/23
This is a unique opportunity to acquire a profitable, famous bakery in Los Angeles! The bakery serves premium, homemade cakes and cupcakes! The bakery specializes in custom decorated cakes for birthdays, weddings, and more! The bakery has an established reputation for delicious, beautiful cakes.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 281679 | Available | 8/28/23
This is a Vietnamese and Chinese bakery for sale in Downtown Monterey Park of Los Angeles County. This store is equipped with all the machines that help to produce all kinds of bread & pastry, there is a walk-in cooler and display cooler & bread display case in the dining space.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279435 | Available | 8/28/23
This is a bakery and cafe shop for sale in Outer Sunset of San Francisco. It is located near restaurants, supermarkets, Chinese bakeries, banks, and other retail shops. It is a cute little bakery with pink decor all around. They offer a selection of delicious cakes, mini cakes, beverages, and more.
Asking Price
$150,000
Cash flow
$165,000
Revenue
$840,000
Down
Call/Email
Posting: 282175 | Available | 8/14/23
This well-established Indian wholesale & retail cafe bakery, operating since 2006, presents a lucrative opportunity for an entrepreneur to step into a thriving business with a strong track record. With a consistent SDE of $165,000 plus, the bakery supplies freshly baked goods to a network of 30+.
Asking Price
$465,000
Cash flow
$330,000
Revenue
$67,000
Down
Call/Email
Posting: 280296 | Available | 7/26/23
We are pleased to offer this established bakery & snack franchise in a high-foot-traffic area. This business is profitable and offers the support of a franchise along with easy-to-manage and produce the product. The 2022 sales are approximately $330k and the net is approximately $67k.
Asking Price
$119,000
Cash flow
$200,000
Revenue
$600,000
Down
Call/Email
Posting: 275386 | Available | 2/19/23
This wholesale bakery with a retail front has been in business for over 30 years. It is absolutely the best location in West Hollywood on a major shopping plaza with great parking and major anchor businesses there. There are lots of wholesale accounts and retail customers. It is 1,750 sq. ft.
Asking Price
$219,000
Cash flow
$301,000
Revenue
$1,555,000
Down
Ask
Posting: 275317 | Available | 8/17/22
This is well established and very successful commercial wholesale bakery with the property. The current owner has been running this wholesale bakery for 23 years and there are very loyal clientele and this is amazing opportunity for an owner-operate or family run business.
Asking Price
$3,400,000
Cash flow
Ask
Revenue
$200,000
Down
$225,000
Posting: 267687 | Available | 5/28/21
This is not a retail business but a wholesale bakery. The current owner has been running this unique bakery wholesale for 23 years with lots of loyal customers. They have such a large variety of treat and cookie combinations no other company has and this is the family owned company.
Asking Price
$225,000
Cash flow
$156,000
Revenue
$1,020,000
Down
$599,000
Posting: 256413 | Available | 10/10/20
This fantastic bakery is the best in the area. This bakery is definitely a hidden gem. The unique pasties and bagels are a must to try. This bakery is located in the upscale community and cozy, peaceful place to kill in the area.
Asking Price
$599,000
Cash flow
$102,804
Revenue
$369,775
Down
$1,098,000
Posting: 284287 | Available | 4/15/24
This boutique bakery, set on 2 acres with water rights at the front, offers a unique chance to live and thrive on-site as both the property valued at $749,000 and the business valued at $280,000 are included in this price. Boasting established sales and partnerships with local retail stores.
Asking Price
$1,098,000
Cash flow
Call/Email
Revenue
$870,000
Down
Call/Email
Posting: 286081 | Available | 4/10/24
This newly built-out bakery has all equipment in place. A purchased new hood, walk-in freezer an Conbi oven, known as top of the line (cost 20k, purchased new). Thousands of dollars spent on build-out. $120,000 worth of equipment alone. This bakery features a trendy, newer style donut concept.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$1,080,000
Down
$200,000
Posting: 284863 | Available | 4/5/24
This is a mid-size Latino supermarket with meat, produce, a hot-deli, a bakery, and adding check cashing business (big potential). All fixtures and equipments are all most brand new. It is surrounded by many residential and apartment areas. It is in a Hispanic population.
Asking Price
$399,000
Cash flow
$200,000
Revenue
$1,400,000
Down
Cash Only
Posting: 237403 | Available | 11/14/23
This is an absentee owner operation with high volume and high net profit. It consists of Middle Eastern/Indian grocery items, a meat department, a bakery, and a restaurant serving Afghan food, or you can use any other food. This is around a central East Bay location so it is close to 880-680 area.
Asking Price
$400,000
Cash flow
$60,000
Revenue
$360,000
Down
Call/EMail
Posting: 284390 | Available | 12/21/23
This profitable bakery/cafe, located in the ever-popular North Hollywood, offers a wide selection of fresh food, including delicious breakfast burritos, croissants, French pizza, giant bagels with fresh toppings, French churros, puffs, and much more. The seller's retirement is a great opportunity.
Asking Price
$65,000
Cash flow
$1,123,820
Revenue
$19,230,455
Down
$4,250,000
Posting: 278395 | Available | 3/11/24
This full-service independent grocery store is located in the foothills of the Northern California Gold Country. Well established in the community, this store features full meat, bakery, deli, and floral department. With an average of over $1 Million in EBITDA, this opportunity is perfect.
Asking Price
$4,250,000
Cash flow
$301,000
Revenue
$1,555,000
Down
Ask
Posting: 275317 | Available | 8/17/22
This is well established and very successful commercial wholesale bakery with the property. The current owner has been running this wholesale bakery for 23 years and there are very loyal clientele and this is amazing opportunity for an owner-operate or family run business.
Asking Price
$3,400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286145 | Available | 4/16/24
This attractively designed bakery & cafe is an excellent location in a very desirable city in Contra Costa County. The retail store portion in front has an open airy feeling with large glass windows and is nicely appointed with attractively designed display units with seating.
Asking Price
$195,000
Cash flow
$67,976
Revenue
$269,583
Down
Call/Email
Posting: 285578 | Available | 3/8/24
Established over five years ago, this niche bakery has been innovative and profitable. This business is strategically located in one of the busiest sub-markets in San Diego. The premise is approximately 1,000 SF and the monthly rent is $5,026.52, which includes NNN's.
Asking Price
$175,500
Cash flow
$509,051
Revenue
$2,206,799
Down
Call/Email
Posting: 283208 | Available | 10/4/23
This is a unique opportunity to acquire a profitable, famous bakery in Los Angeles! The bakery serves premium, homemade cakes and cupcakes! The bakery specializes in custom decorated cakes for birthdays, weddings, and more! The bakery has an established reputation for delicious, beautiful cakes.
Asking Price
$1,400,000
Cash flow
$428,233
Revenue
$1,271,811
Down
Call/Email
Posting: 281817 | Available | 4/16/24
Artisanal French-themed bakery for sale, renowned for diverse specialties, high-end pastries, and exceptional financial success. A paragon of excellence within the pastry community, inspiring others with astute business practices and unwavering commitment to craftsmanship.
Asking Price
$1,000,000
Cash flow
Ask
Revenue
$200,000
Down
$225,000
Posting: 267687 | Available | 5/28/21
This is not a retail business but a wholesale bakery. The current owner has been running this unique bakery wholesale for 23 years with lots of loyal customers. They have such a large variety of treat and cookie combinations no other company has and this is the family owned company.
Asking Price
$225,000
Cash flow
$107,851
Revenue
$556,770
Down
Call/Email
Posting: 285220 | Available | 3/20/24
Nestled in the picturesque County of San Luis Obispo lies an exceptional franchise opportunity an iconic bakery and deli that has been a cornerstone of the community since 1996, boasting stellar reviews on both Yelp and Google.
Asking Price
$288,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280901 | Available | 3/15/24
A stunningly branded French pastry concept is now for sale. Sales have grown every year, doubling their sales in only two years! The business's sales are now approaching $500,000 in sales out of this 300 sf space! Check averages are approaching $20 per order, and have a stunning food cost of 10%.
Asking Price
$249,000
Cash flow
$330,000
Revenue
$67,000
Down
Call/Email
Posting: 280296 | Available | 7/26/23
We are pleased to offer this established bakery & snack franchise in a high-foot-traffic area. This business is profitable and offers the support of a franchise along with easy-to-manage and produce the product. The 2022 sales are approximately $330k and the net is approximately $67k.
Asking Price
$119,000
Cash flow
$200,000
Revenue
$600,000
Down
Call/Email
Posting: 275386 | Available | 2/19/23
This wholesale bakery with a retail front has been in business for over 30 years. It is absolutely the best location in West Hollywood on a major shopping plaza with great parking and major anchor businesses there. There are lots of wholesale accounts and retail customers. It is 1,750 sq. ft.
Asking Price
$219,000
Cash flow
$65,000
Revenue
$150,000
Down
$250,000
Posting: 279403 | Available | 4/11/24
This California-based dog bakery and boutique is a California Sole Proprietor and has been in business for 15 years and under the same current ownership since inception. Nestled in a prominent area downtown, this baker provides many baked goods that are vegan and also contain no wheat, corn, etc.
Asking Price
$250,000
Cash flow
$519,390
Revenue
$3,620,497
Down
$1,650,000
Posting: 277604 | Available | 11/14/23
This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues.
Asking Price
$1,550,000
Cash flow
$132,000
Revenue
$345,000
Down
Call/Email
Posting: 272331 | Available | 12/18/23
The donuts are amazingly fresh and absolutely delicious and melt in your mouth. This is without question the best donuts made from high-quality ingredients as the donuts are surprisingly fresh and always consistent and you can taste the quality difference in their donuts versus other places.
Asking Price
$189,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275121 | Available | 4/2/24
A grocery store with a restaurant and bakery is for sale. The destination also includes a Halal meat market and specializes in Middle Eastern, North African, Afghan, and Iranian Cuisine. This is a well-established market in a populated area of Sacramento. Gross sales are $175,000 per month.
Asking Price
$1,675,000
Cash flow
$97,000
Revenue
$517,000
Down
Call/Email
Posting: 283209 | Available | 3/22/24
This popular bakery specializes in cupcakes, custom cakes, cheesecakes, and bread pudding. It provides local customers with delicious confectionary baked goods. The business does a lot of wedding cakes and party orders. It is award-winning and is semi-absentee run.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285849 | Available | 3/26/24
This is a Subway sandwich shop. The buyer has to convert it into another concept. It is located at a busy shopping center, facing a busy street. It has easy access with plenty of parking. There is a Type 2 hood (can be upgraded Type 1) and grease trap inside. All equipment is included in the sale.
Asking Price
$80,000
Cash flow
$534,513
Revenue
$2,717,798
Down
$1,800,000
Posting: 285454 | Available | 4/16/24
This is a wholesale bakery producing a special niche bakery product for the last 15 years, in business since 1993. This bakery serves the needs of several large regional supermarket chains. The business is near capacity in its single 3,000 sq ft. facility but poised for growth.
Asking Price
$1,800,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 285558 | Available | 3/7/24
This reputable bakery shop is located on a very busy street in the Sunset district of San Francisco. There is heavy foot traffic. It opens 5 hours per day and opens 5 days only. The seller claims revenue is about $300,000 with individual customers only, SDE's net income is about $96,000.
Asking Price
$128,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284159 | Available | 12/5/23
For sale is a great location for bakery, sandwich, tea, coffee, dessert store, etc. There is plenty of parking. There are lots of great restaurants nearby and Costco is just a mile away. It is 1,100 sq. ft and the rent is $3,780 (negotiable)/CAM is $1,058.40 with a 5-year lease (negotiable).
Asking Price
$55,000
Cash flow
$165,000
Revenue
$840,000
Down
Call/Email
Posting: 282175 | Available | 8/14/23
This well-established Indian wholesale & retail cafe bakery, operating since 2006, presents a lucrative opportunity for an entrepreneur to step into a thriving business with a strong track record. With a consistent SDE of $165,000 plus, the bakery supplies freshly baked goods to a network of 30+.
Asking Price
$465,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 281679 | Available | 8/28/23
This is a Vietnamese and Chinese bakery for sale in Downtown Monterey Park of Los Angeles County. This store is equipped with all the machines that help to produce all kinds of bread & pastry, there is a walk-in cooler and display cooler & bread display case in the dining space.
Asking Price
$180,000
Cash flow
$82,465
Revenue
$336,180
Down
$149,000
Posting: 280467 | Available | 1/22/24
Cherry's Famous Rugelach has been baking for over 30 years and makes fresh homemade Rugelach weekly in a variety of tasty flavors including chocolate, apricot, raspberry, and more. If you can't decide what flavor to get try their variety pack. They are great for gifts, or to serve at a party.
Asking Price
$149,000
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
If 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
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
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.
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.
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.
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!
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.
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?
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.
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 use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
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.
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.
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.
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
