Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/18/24
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
$360,000
Revenue
$2,200,000
Down
$450,000
Posting: 285177 | Available | 5/14/24
A Mediterranean salad, sandwich, and cocktail bar located near Acadia, is currently available for sale. This business presents a rare opportunity, boasting Hard Liquor licenses #47 and #51. It operates under absentee ownership. This is an easy operation. The store size is 2,500 sq ft.
Asking Price
$939,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
$350,000
Posting: 286101 | Available | 5/13/24
For sale is a nightclub in Rancho Cucamonga with a #47 license for sale. It also comes with an entertainment license for live bands. It has low rent and is in a busy traffic area. This would be a good space for Korean karaoke or dinner with hard liquor for golfers.
Asking Price
$350,000
Cash flow
$152,600
Revenue
$840,000
Down
$250,000
Posting: 281774 | Available | 5/10/24
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
Call/Email
Down
Call/Email
Posting: 285873 | Available | 5/9/24
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
$499,000
Cash flow
$277,223
Revenue
$4,353,723
Down
Call/Email
Posting: 284569 | Available | 5/6/24
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
$995,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$70,000
Posting: 286416 | Available | 5/4/24
This fantastic Mexican bar & grill restaurant has a 47 hard liquor license, operates 100% absentee run, experiences heavy traffic in a huge shopping center area, with an annual sale of $1,100,000 and an annual profit of $110,000. Additionally, it features a sport bar and an 800 sqft beautiful patio.
Asking Price
$250,000
Cash flow
$150,000
Revenue
$1,800,000
Down
Call/Email
Posting: 284501 | Available | 5/3/24
This is a long-established American restaurant with a full bar, patio and strong revenue of $1.8m a year, and low rent factor of 8%. The space is 2,500 sq ft. and the rent is $12,500 with 9 years left on the lease. This is an absentee run business and an owner operator can increase the bottom line.
Asking Price
$375,000
Cash flow
$200,000
Revenue
$900,000
Down
$450,000
Posting: 284811 | Available | 5/1/24
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
$2,018,734
Down
$100,000
Posting: 286348 | Available | 4/30/24
An established wine and cheese business, renowned for its exquisite selection and loyal clientele, is now available for acquisition. The business was able to build a strong customer base and reputation through the pandemic. This opportunity presents a turnkey operation with growth potential.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$1,440,000
Down
Call/Email
Posting: 268306 | Available | 4/28/24
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
Call/Email
Down
$199,000
Posting: 280066 | Available | 4/25/24
For sale is an absentee-run, well-setup, high-quality sushi & Japanese restaurant with bar, located in a shopping mall. They have their own exit so they don't have to follow the mall's open hours. The seller invested a lot of money to setup this beautiful and high quality restaurant.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 286242 | Available | 4/23/24
ART Business Brokers are pleased to introduce this fully renovated Bar/Restaurant in the Heart of Los Angeles K-town. The seller spent $1.7 million to renovate this 3,800 square foot gorgeous Bar/Restaurant. This opportunity comes with a full kitchen, staff (19 employees, and type 47 liquor license.
Asking Price
$1,150,000
Cash flow
$100,000
Revenue
$465,000
Down
All Cash
Posting: 286150 | Available | 4/16/24
This location in Orange County Beach City is desirable. There is a very good-looking beer and wine bar in a desirable area. It is super clean and every inch of the interior, from the ceiling to the floor, is attractive. It features 16 taps, a walk-in cooler, and a large bar seating capacity.
Asking Price
$425,000
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
$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
$447,777
Down
$85,000
Posting: 285602 | Available | 4/11/24
This is a great-looking restaurant right next to the 2 most popular sports attractions of Southern California [Angels Stadium of Anaheim & Honda Center] and many office buildings and housing developments within the Platinum Triangle District. It is a turnkey restaurant with a beer & wine license.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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
Call/Email
Revenue
$678,000
Down
Call/Email
Posting: 285557 | Available | 4/10/24
This restaurant consists of 2 separate dining areas and a cozy cantina. The dining area can accommodate up to 125 patrons, while the cantina can accommodate 18 patrons. The semi-private dining area is perfect for parties and can hold up to 35 patrons. The space is 3400 sf and there is also a patio.
Asking Price
$199,000
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
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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$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: 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
Call/Email
Down
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
Call/Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286238 | Available | 5/16/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/18/24
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 | 5/12/24
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
$160,435
Revenue
$1,232,233
Down
Call/Email
Posting: 283656 | Available | 5/2/24
Extremely attractive Mexican family restaurant with full liquor and a community favorite for over 40 years! Offering an incredible lease through 2042, with only 2% annual increases every five years. An expansive remodel was completed in 2022 with new equipment, flooring, new lighting & much more!
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284867 | Available | 1/25/24
The Good Hop is a modern, well designed beer bar & bottle shop that is located on the Telegraph corridor in Oakland. This one of a kind shop and bar hybrid boasts a fantastic retail element selling one of the Bay Area's largest and most diverse selections of beer. The business has a rare Type 42.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283044 | Available | 10/27/23
Once described as the “Last Stop on Mission Street”, this classic neighborhood bar maintains its original charms with a checkerboard floor, high back booths, and knotty pine paneling. A local favorite dating back to the 1950s, it’s also a Clamper Bar and a regular stop for the E Clampus Vitus...
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284682 | Available | 5/2/24
For sale is a fully-equipped brewery, kitchen, and bar in the Old Town Torrance area. Type 23 ABC license. You can brew your own beer here to sell wholesale nationwide or sell it on-site in the restaurant and bar. There's a stage in the bar and dining area for live music & patio dining is included.
Asking Price
$450,000
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
$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
N/A
Revenue
N/A
Down
Call / Email
Posting: 278647 | Available | 1/30/23
ABC Type 47 License for Sale in Riverside County. This restaurant was Voted 'Best Pizza in the Desert' Award 4 years running by 'Open Table' The Sellers had owned it since 2016 but now have closed the business and wish to sell just their ABC type 47 hard liquor license.
Asking Price
$100,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
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
$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
Call/Email
Revenue
$684,000
Down
Call/Email
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
$616,000
Revenue
$2,280,000
Down
Call/Email
Posting: 285513 | Available | 4/19/24
For sale is a very busy location and many hotel guests come here to dine. The grill and the bar are well-run by all of the staff & management. It is pre-approved for an SBA Loan. The real estate is available to purchase for $1.5M or the Seller will lease.
Asking Price
$1,475,000
Cash flow
Call/Email
Revenue
$1,440,000
Down
Call/Email
Posting: 268306 | Available | 4/28/24
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
$133,888
Revenue
$642,190
Down
$525,000
Posting: 286431 | Available | 5/6/24
This cozy and intimate lounge offers a relaxed environment for those seeking a low-key night out in the city. With its soft lighting, comfortable seating, and warm atmosphere, it's an ideal spot to unwind with friends or enjoy a drink.
Asking Price
$525,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286153 | Available | 4/16/24
Seize the opportunity to own a well-established and profitable bar and restaurant in a prime location. This venue boasts a loyal customer base and includes a spacious kitchen, beautiful bar, outdoor patio, DJ booth, and dance floor. Fully operational with a Type 47 liquor license.
Asking Price
$499,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284587 | Available | 5/13/24
Experience the epitome of upscale entertainment and entrepreneurial opportunity with this remarkable venue nestled in the heart of San Francisco's vibrant Polk Corridor and trendy Nob Hill neighborhood. This extraordinary offering comprises a meticulously designed event space. With Type 48 license.
Asking Price
$3,700,000
Cash flow
$530,000
Revenue
$4,500,000
Down
Call/Email
Posting: 253164 | In Escrow | 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
NA
Revenue
NA
Down
$14,500
Posting: 275437 | Available | 8/24/22
Asset Sale! The Liquor License is the Asset Sale. This is a Type 47 full liquor license for Restaurants. It may be relocated anywhere in San Mateo County. It may also be changed to a Type 48 full liquor license for Bars/Nightclubs ($100).
Asking Price
NA
Cash flow
Call/Email
Revenue
$1,343,087
Down
Call/Email
Posting: 285937 | Available | 4/2/24
This well-known bar/restaurant establishment is a sought out destination by tourist and locals. Its reputation is built upon its uniqueness. This is a one of a kind experience! from crafted signature cocktails, excellent food and nightly entertainment. Great event space for private functions.
Asking Price
$1,350,000
Cash flow
Call/Email
Revenue
$1,732,743
Down
Call/Email
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
$30,653
Revenue
$1,943,524
Down
$525,000
Posting: 286430 | Available | 5/6/24
This bar with a full kitchen is located in the greater Santa Monica area. The bar is widely considered to be the best in the area and is known for its menu offerings and convivial atmosphere.
Asking Price
$525,000
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
$809,262
Down
Call/Email
Posting: 285840 | Available | 4/27/24
This is a globally inspired, locally sourced restaurant serving hand-crafted food in a well-appointed dining area and bar. This popular restaurant is ideally located at minute's drive from Hwy-101, 1, and world-famous Pismo Beach.
Asking Price
$649,000
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
$120,000
Revenue
$922,000
Down
298,000+ Inv
Posting: 284026 | Available | 11/27/23
This downtown bar and restaurant has been established for over twenty years. It has steady regular business in the bar as well as the restaurant. It was well-established and maintained with an old school atmosphere. They have a Type one hood. There is indoor and outdoor seating.
Asking Price
$298,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
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
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.
ServingAll Of California
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
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
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.
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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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
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.
