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Posting: 284519 | Available | 3/22/24
This charming, well-established pub presents an ideal opportunity for a brewery aiming to broaden its reach or a culinary artist seeking a starter kitchen. Alternatively, it's an established start for your own entrepreneurial vision. The Placerville Public House has a loyal following.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
$636,013
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Posting: 284988 | Available | 3/21/24
Discover a unique and lucrative opportunity with this listing, featuring not one, but two businesses under one roof. Step into the charm of an established breakfast and brunch restaurant, nestled in the heart of a historic downtown in South Bay/Silicon Valley.
Asking Price
$295,000
Cash flow
$124,000
Revenue
$739,354
Down
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Posting: 285726 | Available | 3/20/24
This well designed restaurant and bar is located in a very desirable city in Southern Marin County. There is a separate bar area and two dining room areas and an outdoor parklet seating area which seats 40. The second dining room can also be used as a banquet area. The profit is strong at $124,000.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
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Posting: 285076 | Available | 3/19/24
Profitable restaurant in prime location in Eastlake. This 4,700 SF restaurant is beautifully designed with a large indoor dining area, a full bar, and a partially covered outdoor dining area. They have a standout end-cap with ample parking and excellent co-tenants in a well-known center.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$1,400,000
Down
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Posting: 285687 | Available | 3/17/24
For sale is a famous brewhouse in Folsom. This busy casual restaurant is fully equipped to support an extensive menu. They have a great outdoor dining area for 120 people. It is open 11am - 9pm, 7 days a week. It has great parking.
Asking Price
$399,000
Cash flow
$307,452
Revenue
$1,020,000
Down
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Posting: 285684 | Available | 3/17/24
This restaurant has a lot of potential as it is located in a plaza with a lot of foot traffic. This restaurant has customers who come to the restaurant and customers who come to the bar, so I think business will be good regardless of which concept the new owner uses.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
$1,440,000
Down
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Posting: 268306 | Available | 3/17/24
This is an established high-volume restaurant/bar for sale in Berkeley near the hill. This restaurant has served the Berkeley/East Bay community since 1996 with great Yelp reviews. They have rustic decor with an open kitchen concept. It is approximately 2,800 sq ft.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
$75,000
Down
$150,000
Posting: 275294 | Available | 3/14/24
This is a neat clean beer bar on a very busy corner on a main street. The bar sells soju. It has great visibility with a lot & street parking in this high-density location close to the water & shipyards. They have multiple TVs for sports & entertainment, as well as a great sound system.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$500,000
Down
398,000+ Inv
Posting: 284027 | Available | 3/13/24
For sale is a well-established bar/nightclub at a greatly located venue and is well-maintained. It is in one of the best neighborhoods in San Francisco. The space is approximately 3,000 sq ft. There are two bars with an excellent atmosphere. They have a great sound system. MUST SEE!!
Asking Price
$398,000
Cash flow
Call/Email
Revenue
$354,000
Down
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Posting: 284985 | Available | 3/13/24
This is an excellent opportunity for a buyer to take over the premises, acquire the equipment, ABC beer & wine license, and assume a very favorable lease and rent terms and options. The restaurant has a large dining room with 80 plus chairs and 20 plus tables. The place has 2 banquet rooms and bar.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$1,245,000
Down
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Posting: 284971 | Available | 3/13/24
Restaurant and Bar with a 47 ABC Liquor License and two patios. Located on a main street in Huntington Beach. Thousands of visitors and local residents walk by and drive by the restaurant daily going to the beach or visiting other restaurants and retailers. Sales volume is $103,750 per month.
Asking Price
575,000+ Inv
Cash flow
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Revenue
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Posting: 284888 | Available | 3/13/24
For sale is a neighborhood bar in the Mission District of San Francisco, California. It comes with a Type 48 liquor license. This is a great opportunity. The asking price is $280,000. A new lease is available. Must see!
Asking Price
$280,000
Cash flow
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Revenue
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Posting: 285627 | Available | 3/12/24
For sale is a great location near the beach at a nice shopping center. It has been established for many years near a major market, making it the best location for a great price. It was established in 2014 and includes all licenses. There are no restrictions on the license.
Asking Price
$198,000
Cash flow
N/A
Revenue
N/A
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Posting: 283195 | Available | 3/12/24
This is a fantastic wine bar w/ bites location with a newly zoned patio for sale in the heart of Oakland's city hall plaza. The well-designed wine bar-bistro style space resides within this stunning historic triangular building at 102 Frank Ogawa Plaza.
Asking Price
$178,000
Cash flow
$122,262
Revenue
$631,735
Down
$350,000
Posting: 283230 | Available | 3/11/24
This Long Beach area bar caters to a diverse community with a host of near-nightly events that include karaoke, shows, and dancing. The venue boasts a stellar location with excellent visibility, parking, an outdoor patio and dance, the coveted entertainment, dance, and cabaret entitlements.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
$900,000
Down
Cash Only
Posting: 277755 | Available | 3/11/24
For sale is a bar established for 20-plus years with first-class remodeling completed. The new owner put in a nice kitchen and a full first-class remodel. It is 1 of only 3 bars within 5 miles of the Marine Base. The new owner is moving out of the area. It is run by management.
Asking Price
$600,000
Cash flow
$444,455
Revenue
$4,467,660
Down
Call/Email
Posting: 284569 | Available | 3/11/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$1,700,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 281634 | Available | 3/10/24
It is not an overstatement to suggest that this is an exceptional and unique opportunity to own a restaurant and bar in the heart of the Pier Plaza of Hermosa Beach. The Brews Hall lease is the best in the beach cities with options through 2040. Just steps to the world-famous strand and beach.
Asking Price
$585,000
Cash flow
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Revenue
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Posting: 284435 | Available | 3/8/24
A 2-story red brick building + bar and lounge is for sale in the Oakland Jack London Square district. The architectural style is an early 20th-century utilitarian building. Zoning is C-40, Community Thoroughfare. The current use is as an event venue - music events, birthday parties, reunions, etc.
Asking Price
$1,600,000
Cash flow
Call/Email
Revenue
$960,000
Down
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Posting: 285563 | Available | 3/7/24
For sale is a high-quality bar with Hard Liquor 47 and a ramen restaurant that is located in the heart of the town. There is no competition around. It can be extended as a bar or converted into a nightclub or Vietnamese noodles or other concepts of food. The restaurant has a good reputation.
Asking Price
$248,000
Cash flow
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Revenue
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Posting: 285503 | Available | 3/5/24
Broderick's was purchased in 2022 by successful Broderick's group managing partner, Chris Jarosz. Chris tragically died in a motor accident in 2023, just months after reopening the Davis location following renovations. The business has been closed and is an asset sale only.
Asking Price
$100,000
Cash flow
$542,772
Revenue
$1,743,337
Down
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Posting: 284100 | Available | 3/4/24
We are thrilled to present a unique opportunity to own a dispensary for sale in the vibrant city of Palm Springs. Nestled in the heart of Southern California, this dispensary offers an unrivaled experience for cannabis enthusiasts and newcomers alike.
Asking Price
$9,500,000
Cash flow
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Revenue
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Posting: 267008 | Available | 3/1/24
The owner is absentee! This is a phenomenal restaurant opportunity! It is located at the corner of heavy traffic downtown San Francisco with Hard liquor licensed included price!
Asking Price
$278,000
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Revenue
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Posting: 272720 | Available | 3/1/24
De La Vina Lounge in Santa Barbara California, now for lease. Also available, FF&E to purchase for $50,000 and a Type-48 On-Sale General Public Premises for $400,000. This upscale 'dive bar', was recently remodeled. It comes with a strong and loyal customer base and excellent reviews.
Asking Price
$6,300
Cash flow
Call/Email
Revenue
$960,000
Down
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Posting: 278934 | Available | 3/1/24
For sale is a well-established Korean-style pub with a beer and wine license that's located in Fullerton, California.
Asking Price
$400,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$120,000
Posting: 285436 | Available | 2/29/24
For sale is a fantastic Mexican bar & grill restaurant and it is 100% absentee-run. It in a heavy traffic area in a huge shopping center area with a type 47 liquor license. They have annual sales of $1,100,000 and the annual profit if $110,000. With training & support.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$1,101,883
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Posting: 285415 | Available | 2/28/24
For sale is a long standing proper pub established in 2002, this iconic pub has been a fixture of the vibrant San Francisco Financial District community for decades. Boasting a prime location amidst the bustling business district, it has become the favored destination for discerning professionals.
Asking Price
$399,000
Cash flow
$429,804
Revenue
$1,993,956
Down
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Posting: 285314 | Available | 2/22/24
This is a once in a lifetime opportunity to purchase a high volume money making restaurant/bar, with good books and records. With the same owner for over 30 years, now it's time to retire. Very high gross & net, very good family neighborhood area. What else could a buyer ask for?
Asking Price
$1,550,000
Cash flow
N/A
Revenue
N/A
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Posting: 285637 | Available | 4/24/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/21/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 4/25/24
For sale is a charming oyster bar, nestled in the heart of a renowned beach community's bustling restaurant row. With its prime location and inviting front patio, this establishment radiates a vibrant ambiance and boasts tasteful improvements. It comes with an active Type 41 ABC license.
Asking Price
$338,000
Cash flow
Call/Email
Revenue
$1,732,743
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Posting: 285274 | Available | 4/16/24
Opening in 2016, this chef driven Latin Bistro has gained much popularity within this fantastic East Bay community drawing clientele from Walnut Creek and other affluent areas. Its town-center location is ideal and the well kept complex where it resides is inviting and has a great product mix.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
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Posting: 281654 | Available | 10/30/23
This is a rare real estate and business opportunity in the popular tourist town of Guerneville within Sonoma County is now for sale. The nearly half acre lot is over 20,000 sq ft. and includes a separate parking lot with electricity. The ~10,000 sq ft. building has two levels.
Asking Price
$1,600,000
Cash flow
$47,589
Revenue
$139,879
Down
Call/Email
Posting: 285228 | Available | 2/17/24
A vibrant gastropub located in the heart of downtown San Jose, offering a hip and fun atmosphere. This dynamic establishment is known for its lively ambiance, and easy and delicious food that can be enjoyed with a tasty adult beverage.
Asking Price
$165,000
Cash flow
$200,000
Revenue
$900,000
Down
$450,000
Posting: 284811 | Available | 3/29/24
This is a high volume pizza parlor with ABC 41 beer on tap & wine bar. There are lots of flat screen TVs, active arcade produces good extra income. There are 10 quality employees with owner working very limited part time. It is in a prime location, upscale neighborhood.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$2,493,775
Down
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Posting: 286125 | Available | 4/14/24
A fantastic free-standing building with plenty of parking is located in the best area, on a busy street, with the same owner for 50 years. All help is run by 40 employees, and it features a full bar. The space is approximately 4500 sq ft and operates 7 days a week.
Asking Price
$450,000
Cash flow
$152,600
Revenue
$840,000
Down
$250,000
Posting: 281774 | Available | 11/13/23
This is a restaurant with a hookah cocktail bar, located in the famous NoHo Arts District which is the center of entertainment in LA. It has been established for 18 years, 3 years with the present owner. The building size is 2,100 SF, completely remodeled and upgraded with a modern touch.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$600,000
Down
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Posting: 280703 | Available | 2/3/24
This is a great location on a major street intersection located in North Orange County. It is a sports bar and tavern with full liquor, entertainment, and live music for sale. This is the local's favorite go-to spot for sports games, happy hours, live music, and top DJs.
Asking Price
$600,000
Cash flow
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Revenue
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Posting: 286238 | Available | 4/23/24
For sale is a country-style restaurant with a fireplace in a 4,500-square-foot free-standing building, including an additional patio area. It has a full kitchen equipped with an A1 hood, the property is ideal for continuing its current operation or for conversion to suit alternative concepts.
Asking Price
$199,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283378 | Available | 10/16/23
The William Tell House is heralded as the oldest bar in Marin County. This historic saloon dates back to 1877 and features a 100-year-old mahogany bar. The restaurant has been recently renovated and is well-equipped with a spacious dining room and a large outdoor dining area.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$2,710,409
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Posting: 280707 | Available | 9/22/23
This attractively designed restaurant and bar has a warm friendly decor and is located in one of the most desirable cities in Alameda County adjacent to the downtown shopping district. There is a comfortably designed bar area with a fireplace that features 16 beer taps.
Asking Price
$2,495,000
Cash flow
Call/Email
Revenue
$684,000
Down
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Posting: 283436 | In Escrow | 10/18/23
Recently renovated and rebranded neighborhood bar with friendly staff and loyal clientele. This classic bar with paid pool tables, a jukebox, and a plethora of new flat-screen TVs, is turn-key with experienced staff in place. The business is profitable with room to grow.
Asking Price
$549,000
Cash flow
Call/Email
Revenue
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Posting: 283248 | Available | 10/7/23
For sale is an existing restaurant in like-NEW condition ready for an experienced operator to use the same or a new concept. There is a large kitchen with two (2) Type 1 hoods (open flame), a walk-in freezer, grease-trap (50 gal), multiple stoves, cooktops, etc.
Asking Price
$395,000
Cash flow
$220,010
Revenue
$847,651
Down
$10,000
Posting: 283842 | Available | 11/14/23
This Long Beach Coastal bar and grill is located in the city's most coveted hospitality and entertainment area. The relatedly new gastropub boasts fantastic street visibility, outdoor patio and a highly flexible build-out that may be adapted to any number of bar and food driven concepts.
Asking Price
$425,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$120,000
Posting: 285436 | Available | 2/29/24
For sale is a fantastic Mexican bar & grill restaurant and it is 100% absentee-run. It in a heavy traffic area in a huge shopping center area with a type 47 liquor license. They have annual sales of $1,100,000 and the annual profit if $110,000. With training & support.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 283507 | Available | 4/10/24
For sale is a restaurant in one of the most desirable cities in South Bay and growing fast, as there are not many spaces are left for restaurants. This is an excellent location with a patio but the name & concept will not be included. Take over an existing business and be open in 30-45 days.
Asking Price
$218,000
Cash flow
$223,000
Revenue
$1,753,200
Down
$295,000
Posting: 280671 | Available | 9/16/23
Now for sale is a popular restaurant and bar with a 47 ABC license located in the Costa/Newport Beach area. The asking price is less than the replacement cost of the restaurant. The restaurant is located on a busy street with excellent visibility from the street.
Asking Price
$840,000
Cash flow
$221,570
Revenue
$2,087,000
Down
Call/Email
Posting: 282994 | Available | 9/24/23
For sale is an SBA loan pre-approved restaurant with real estate included. It is in the beautiful Countryside setting of Twain Harte, Tuolumne County. Many tourists visit this area for summer outdoor activities and ��Dodge Ridge Ski' resort during the winter. This is a charming countryside gem.
Asking Price
$2,050,000
Cash flow
Call/Email
Revenue
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Posting: 280473 | Available | 2/3/24
For sale is a hotel with a restaurant and bar that has a hard liquor type 47 license. There are 9 bedrooms in the 6,000 square feet business. A separate precious "Off Sale Type 21" license is available for $200,0000, one of only 4 in Modoc County. It is fully equipped.
Asking Price
$485,000
Cash flow
Call/Email
Revenue
$1,716,000
Down
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Posting: 286180 | Available | 4/18/24
This restaurant is known for serving a variety of authentic Mexican cuisine and offer a full bar with a wide selection of tequilas, margaritas, and other cocktails. The restaurant has a casual and lively atmosphere, with colorful decor and friendly service. They have both indoor and outdoor seating.
Asking Price
$699,000
Cash flow
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Posting: 267984 | In Escrow | 8/28/23
This is a 5-star review Burmese restaurant for sale in Concord. It is approximately 2,800 sq. ft. with 108 legal seating inside. They have about 6-10 tables set up in the parking lot with canopies for shade a necessity during the summer. It has a high ceiling with a bar area.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
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Posting: 285239 | Available | 2/18/24
Discover an extraordinary gastro pub & brewery ideally positioned near a BART station, ensuring easy access for both locals and commuters. Tucked along a vibrant thoroughfare, this establishment boasts a coveted location teeming with potential. Step inside to an inviting ambiance.
Asking Price
$249,000
Cash flow
$216,000
Revenue
$1,080,000
Down
$600,000
Posting: 283391 | Available | 3/26/24
This cocktail bar, under the same dedicated ownership for 20 years, offers an exceptional opportunity. Notably, it does not require food service, or streamlining operations for maximum efficiency.
Asking Price
$600,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 285489 | Available | 4/24/24
The is a newly remodeled Mediterranean restaurant and hookah lounge. Don't miss this newly remodeled fantastic hookah lounge bar with a full-bar restaurant. There is an outdoor patio for smoking and dining. outdoor seating capacity is around 70 people.
Asking Price
$389,000
Cash flow
Call/Email
Revenue
$1,400,000
Down
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Posting: 284869 | Available | 1/26/24
Inherit the $1.2mm in long term bank debt, pay a Landlord Security deposit, Escrow closing costs and take over this establishment with $1.4mm in 2023 sales revenues with original build out costs of $2.2mm. The sale includes a Type 47 license, fully equipped kitchen, entertainment permit, and more.
Asking Price
$1
Cash flow
$444,455
Revenue
$4,467,660
Down
Call/Email
Posting: 284569 | Available | 3/11/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$1,700,000
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.
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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
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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.
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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.
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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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.
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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.
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Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
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.
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question.
Owning a bar is a fantasy that many can claim. Who hasn't once thought about what it would be like to own and manage the hottest place in town? Like all business investments, there are important factors to consider before you jump in and buy a bar. Peter Siegel, Founder of BizBen.com discusses...
Four factors to consider when buying a bar. Peter Siegel with BizBen.com discusses: The advantages and disadvantages of a bar that serves food as well as liquor. Staffing, inventory control and owner involvement as they relate to a good business are summarized. Benchmarks when looking at financials.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
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.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
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.
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.
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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small 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!
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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 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.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
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.
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.
