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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
N/A
Revenue
N/A
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Posting: 285489 | Available | 3/4/24
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
$499,000
Cash flow
$542,772
Revenue
$1,743,337
Down
Call/Email
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
Cash flow
Call/Email
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
Down
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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
Call/Email
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
Call/Email
Revenue
$6,000,000
Down
Call/Email
Posting: 285275 | Available | 2/20/24
Elevate your business portfolio with this lucrative opportunity to join a small chain of highly successful bar and grill franchises. With annual sales surpassing $6 million and a proven track record of excellence, this multi-unit franchise offers a seamless entry into the world of hospitality.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
Revenue
$2,100,000
Down
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Posting: 285248 | Available | 2/18/24
For sale is a high-volume, profitable, rustic restaurant with a hard liquor license. This Franchise opportunity is introduced as a turn-key operation where you don't have to reinvent the wheel. It has come with solid sales exceeding $2,000,000 consistently for the last three years.
Asking Price
$200,000
Cash flow
$314,812
Revenue
$1,232,808
Down
Call/Email
Posting: 280396 | Available | 2/18/24
For sale is this popular historic (circa 1859) boutique hotel, restaurant & bar with patio dining and including the owner's entirely separate detached 2-bedroom apartment. This is a hotel & restaurant business and a home all in one. The lot size is over 11,500 sq. ft.
Asking Price
$2,300,000
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
$435,557
Revenue
$1,358,167
Down
$1,300,000
Posting: 285176 | Available | 2/15/24
This greater Brea area restaurant and lounge seamlessly blends 2 extraordinarily popular cuisine into a single fusion experience. The venue, which is comprised of a restaurant, and an entirely separate bar operation each with its own kitchen despite operating under a type 47 liquor license.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 283503 | In Escrow | 2/15/24
Downtown Location: Being located in the downtown area can be a significant advantage for a restaurant. It offers easy access for both locals and tourists, and it often provides a vibrant atmosphere.
Asking Price
$398,000
Cash flow
Call/Email
Revenue
$500,000
Down
Call/Email
Posting: 285128 | Available | 2/13/24
Established in 2010 is a bar with 9,216 sq ft of ground floor including a Mezzanine hosting 19 pool tables, a full bar and a 2nd floor dispense bar and 3,000 which is excellent for private events. All equipment is fully owned, no rents or leases. It has expensive pool tables, TV's, bar & kitchen.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
Call/Email
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Cash or submit
Posting: 285094 | Available | 2/9/24
This is a turnkey wine bar and bottle shop business for Sale! Situated in a prime location adjacent to San Diego Bay and Seaport Village, this unique establishment has been serving patrons since July 2022. Nestled within a bustling shopping center alongside renowned brands.
Asking Price
$139,000
Cash flow
Call/Email
Revenue
$520,000
Down
All Cash
Posting: 285023 | Available | 2/8/24
For sale is a sports bar and grill that is equipped with 22 taps on beer tower on a custom made bar and 6 on kegerator = 28 taps. It has an on sale type 41 license for beer & wine. It in is located in a strip center with ample parking. The seating capacity is approximately 80+/-.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$958,000
Down
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Posting: 283595 | Available | 2/8/24
For sale is a bar and grill with a 47 license. It is a casual, friendly spot with outdoor and indoor seating. Semi-absentee-run and established 30 years ago. There are 3 full-time employees and 8 part-time. The owner does not work at the bar and grill. It is located in a downtown main street.
Asking Price
$660,000
Cash flow
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Revenue
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Posting: 284285 | Available | 2/8/24
This is an extraordinarily well-maintained restaurant space with two fully equipped kitchens including one with an open-concept layout. With plenty of goodwill, architectural charm and high visibility this space is versatile and well-suited for a variety of restaurant and bar concepts to thrive.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 281775 | Available | 2/8/24
This Santa Ana restaurant and bar is located in the heart of its popular historic district. The venue boasts a versatile layout in a prime location with liquor, sidewalk seating, convenient access, and stellar street visibility.
Asking Price
$299,000
Cash flow
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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
$600,000
Down
Call/Email
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: 284320 | Available | 2/3/24
A decade-old neighborhood hot spot is now for sale in Oakland. This popular restaurant and beer bar opened in 2012. The concept has seen great success and profits over the years. It boasts one of Oakland's best all-weather outdoor dining spaces with views.
Asking Price
$545,000
Cash flow
Call/Email
Revenue
$1,205,584
Down
Call/Email
Posting: 284983 | Available | 2/3/24
An opportunity awaits with the sale of this Mexican restaurant and bar in Santa Rosa. It is fully-equipped and ready for a seamless transition. Step into a business situated in a prime location within a popular shopping center, surrounded by premier stores and bustling businesses.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$600,000
Down
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Posting: 284322 | Available | 1/31/24
For sale is a popular Asian restaurant as the owner retiring after 30 years of business. They have a strong community presence with loyal customer base. It is 3,000 square feet, delightful, and comfortable interior with seating for 99 inside and 20 seating outside patio. There is a full bar.
Asking Price
$129,000
Cash flow
Call/Email
Revenue
$630,000
Down
Call/Email
Posting: 284904 | Available | 1/29/24
This is a rare opportunity to own a bar & restaurant in a prime location in bustling downtown. Complete with a Type 47 liquor license, this restaurant is near other eateries, numerous retail establishments, law offices and other small businesses.
Asking Price
$359,000
Cash flow
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 4/18/24
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 4/18/24
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
$197,904
Revenue
$2,137,548
Down
$70,000
Posting: 280186 | Available | 4/15/24
SBA approved! Don't miss this fantastic, urban, coastal restaurant and sports bar, a well-established destination for locals and visitors alike. Located in a bustling, walkable area of the city, the restaurant boasts multiple attractive patios in a beautiful setting and lively atmosphere.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 277660 | Available | 4/16/23
This restaurant in the Long Beach area has flourished with a great deal of goodwill after long-term providing of great food and service. All key FOH management and kitchen staff have been with the restaurant ranging from 6 to 22 years. It has 35 employees. The restaurant has ABC Type 47 license.
Asking Price
$295,000
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
$251,700
Revenue
$1,417,400
Down
Call/Email
Posting: 276703 | Available | 4/4/24
For sale is a famous and profitable restaurant with type 47 liquor license near the beach. With a mix of tourists and locals, there is not much competition for group dining. It is a freestanding building with ample parking spaces. It has a reasonable monthly rent of $8,300 for 4,800 sq ft.
Asking Price
$449,000
Cash flow
Call/Email
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
Call / Email
Revenue
Call / Email
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Posting: 284841 | Available | 1/24/24
Own a piece of Santa Cruz history! This iconic Victorian in the heart of Santa Cruz is easily identifiable by locals as Bocci's Cellar restaurant and the property has had the same owner since 1985.
Asking Price
$1,299,000
Cash flow
Call/Email
Revenue
$1,400,000
Down
Call/Email
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
Call/Email
Revenue
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Posting: 285873 | Available | 3/27/24
This extremely well-known and well established bar/club in Chula Vista has been a staple of the community for years, bringing in huge crowds of locals and tourists on a nightly basis. Right on one of the busiest corners in Chula Vista with abundant signage. It has a Type 48 liquor license.
Asking Price
$525,000
Cash flow
$109,000
Revenue
$720,000
Down
$375,000
Posting: 286051 | Available | 4/8/24
A long-established cocktail bar is located in a nice area with low rent with a 10-year lease. It has an outside patio, seller has spent $100,000 in capital improvements to improve the business. It is a 2-story facility with 2 pool tables so it is very spacious! Seller financing available.
Asking Price
$675,000
Cash flow
$480,000
Revenue
$2,300,000
Down
$550,000
Posting: 283273 | Available | 12/22/23
For sale is a Mexican grill & cocktail bar un Laguna Hills with annual sales of over $2.2 million. The business hours are from 3 pm-9 pm, so it is open only 6 hours a day. Sunday business hours are from 10-2PM (4 hours) only. The business open 5 and 1/2days a week. Closed on Mondays.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
$2,045,000
Down
Call/Email
Posting: 283850 | Available | 4/2/24
O'Caines Irish Pub, currently for sale, is situated in the heart of beautiful Rancho Mirage, California making it an ideal location for potential buyers. The pub is located in a bustling center that is anchored by Gelson's Market, a well-known upscale market in the area.
Asking Price
$1,990,000
Cash flow
$378,517
Revenue
$1,423,809
Down
$350,000
Posting: 284362 | Available | 12/19/23
Embark on a journey through time and experience the enchantment of this speakeasy and restaurant. Whether you're a seasoned aficionado or a curious newcomer to the world of speakeasies, the multiple lounges invite you to relish the sophistication of finely crafted libations.
Asking Price
$699,999
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 280883 | Available | 3/30/24
This is a 3,137 rentable sq. ft. bar & lounge space, with a ventless hood kitchen previously licensed to sell full liquor to go, as well as on-premises consumption. This is fully built-out with high-end finishes and fully equipped on the lower level of the marketplace with a dedicated entry.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
NA
Down
Call/Email
Posting: 283641 | Available | 3/23/24
Located in a major shopping center in North San Diego City (92127) is an Italian cuisine restaurant with a full cocktail bar (type 47 license). It consists of 4,500 sf and seats 160 inside. 1,100 sf is covered and the heated patio seats 80, ideal for private parties and special events.
Asking Price
$155,000
Cash flow
$530,000
Revenue
$4,500,000
Down
Call/Email
Posting: 253164 | Available | 1/12/24
This is an SBA approved, semi-absentee owned, well-established, turnkey and high-profit upscale restaurant and bar in a unique location are for sale. The restaurant was established in 2006, seller will provide clean books, verifiable financials, and provable cash flow.
Asking Price
$1,495,000
Cash flow
Call/Email
Revenue
$993,900
Down
Call/Email
Posting: 282425 | Available | 8/25/23
This restaurant & bar is located in the heart of Silicon Valley, in a thriving downtown area of a popular South Bay Area city. The area is lively with local residents from residential neighborhoods, out-of-towners from hotels a few blocks away and employees from nearby offices.
Asking Price
$330,000
Cash flow
Call/Email
Revenue
$2,000,000
Down
$549,900
Posting: 285455 | Available | 4/15/24
For sale is a New American cuisine with a complete craft cocktail bar. This restaurant has been in business for 8+ years with below-market rent of $3.75 per square foot. High-rated commercial and residential buildings in a high-class affluent community surround the business.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 284618 | Available | 1/10/24
Bright and sunny restaurant located in the Santa Rosa Downtown offers everything needed for a successful restaurant: a large dining room accordion doors that open to the outside, a wrap-around bar, a large outside patio. The restaurant holds a conditional use permit for late night operations.
Asking Price
$399,000
Cash flow
$44,263
Revenue
$157,990
Down
$175,000
Posting: 278444 | In Contract | 1/19/24
For sale is a bar and grill restaurant with an ABC 47 license in El Sobrante, East Bay, CA. The business is running itself with an absentee owner. The annual estimated gross is $157,990 in 2023 and the annual estimated cash flow is $44,263 in 2023. Rent is only at $1,600/month for 2,400 sq ft.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 278429 | In Escrow | 8/30/23
This is a great opportunity to purchase a fixturized restaurant in desirable Bressi Ranch. This is a highly rated 4.5-star restaurant averaging $90,000 a month in sales. It is equipped with a large walk-in cooler, beer cooler, and full bar with 14 taps. It is in a highly trafficked neighborhood.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
$1,716,000
Down
Call/Email
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
$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
N/A
Revenue
N/A
Down
N/A
Posting: 277870 | Available | 1/18/24
This is a Placer County type 47 liquor license for sale at $240,000. It authorizes the sale of beer, wine and distilled spirits for consumption on the licenses premises.
Asking Price
$240,000
Cash flow
Call/Email
Revenue
$6,000,000
Down
Call/Email
Posting: 285275 | Available | 2/20/24
Elevate your business portfolio with this lucrative opportunity to join a small chain of highly successful bar and grill franchises. With annual sales surpassing $6 million and a proven track record of excellence, this multi-unit franchise offers a seamless entry into the world of hospitality.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
$1,205,584
Down
Call/Email
Posting: 284983 | Available | 2/3/24
An opportunity awaits with the sale of this Mexican restaurant and bar in Santa Rosa. It is fully-equipped and ready for a seamless transition. Step into a business situated in a prime location within a popular shopping center, surrounded by premier stores and bustling businesses.
Asking Price
$350,000
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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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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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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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
If 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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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...
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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.
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.
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!
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.
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.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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.
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.
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.
