Cash flow
$216,000
Revenue
$1,080,000
Down
$600,000
Posting: 283391 | Available | 5/1/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284575 | Available | 4/30/24
A well known bar is for sale in a great San Francisco location. The stunning art deco building is eye-catching and it is located on one of SFs major thoroughfares. The business is ideally located on the border of The City's best neighborhoods. This long standing bar has a valuable Type 47 license.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 283248 | Available | 4/30/24
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
$145,000
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
$1,205,584
Down
Call/Email
Posting: 284983 | Available | 4/29/24
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
$295,000
Cash flow
$124,000
Revenue
$739,354
Down
Call/Email
Posting: 285726 | Available | 4/28/24
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
$249,000
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
Call/Email
Posting: 284757 | Available | 4/28/24
Bring your own concept to a turn-key brewery and taproom in Rancho Cucamonga. It is located in a well-established business park near commercial and residential neighborhoods. The business serves award-winning beers brewed on-site and holds a type 23 ABC license.
Asking Price
$78,000
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
Call/Email
Down
Call/Email
Posting: 284435 | Available | 4/27/24
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
$1,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$240,000
Posting: 286288 | Available | 4/26/24
For sale is a bar and restaurant that is located in the heart of San Francisco's Castro District. It has a Type 47 ABC liquor license and a Type 1 Hood. Must see!
Asking Price
$240,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286271 | Available | 4/26/24
This is an incredible opportunity to own a word class brewery with a large restaurant in the South Bay. Capacity to brew 500 barrels of beer monthly. All equipment is in excellent condition. Includes a fully-equipped restaurant as well with a huge patio and tons of on site parking.
Asking Price
$2,900,000
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
$960,000
Down
Call/Email
Posting: 285563 | Available | 4/25/24
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
N/A
Revenue
N/A
Down
Call/Email
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
$1,500,000
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
N/A
Revenue
N/A
Down
N/A
Posting: 283424 | Available | 4/23/24
Located in historic downtown Santa Barbara, this bar and restaurant stands as a vibrant culinary destination that effortlessly marries tradition with innovation, where delectable dining and signature cocktails meet timeless charm.
Asking Price
$999,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283409 | In Escrow | 4/22/24
Own your own "Cheers" neighborhood bar where everyone knows your name! For sale is a fully-equipped cocktail lounge business. The seating capacity is 49 persons. It offers DJ, music, karaoke, lottery ticket machines, pool tables, and more. The sellers wish to retire.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 286200 | Available | 4/19/24
A complete remodel was done from top to bottom of a long-existing Topless Club in Orange County. The club is housed in a freestanding building with its own parking lot and additional street parking. It looks beautiful after the renovations, with lots of money invested in it.
Asking Price
$1,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286194 | Available | 4/19/24
The location offers superior visibility with great sightlines from passing traffic as well as excellent walkability and foot traffic. The surrounding area includes popular neighboring bars, restaurants, and retail which bring in both daytime and nighttime customers.
Asking Price
$159,000
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
$1,716,000
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
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
$205,175
Revenue
Call/Email
Down
Call/Email
Posting: 283744 | Available | 4/16/24
This offering for one of the oldest bars in the area is a once in a lifetime opportunity. Real estate is also available separately. It has been owned by the same family for 3 generations. It is located in Saratoga, Santa Clara County, California. It is for sale by the owner.
Asking Price
$500,000
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
$221,832
Revenue
$1,377,481
Down
Call/Email
Posting: 286143 | Available | 4/16/24
In business since 1970 and operated by the present owners for the past 28 years, this iconic breakfast, lunch, and dinner restaurant seating 60 with its separate ABC Type 47 full liquor bar seating a further 50 is for sale.
Asking Price
$645,000
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
$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
$15,866
Revenue
$310,426
Down
$129,000
Posting: 278358 | Available | 4/29/24
For sale is a cool, popular downtown Eugene bar and grill with great bartenders, strong cocktails, bar food, and games. It is in a welcoming, PNW-style environment in the center of town. It is walking distance to all hotels and public venues makes this location ideal for attracting local regulars.
Asking Price
$129,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 4/30/24
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 | 4/28/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286238 | Available | 5/2/24
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
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 5/2/24
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
Call/Email
Down
$240,000
Posting: 286288 | Available | 4/26/24
For sale is a bar and restaurant that is located in the heart of San Francisco's Castro District. It has a Type 47 ABC liquor license and a Type 1 Hood. Must see!
Asking Price
$240,000
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
$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
$124,000
Revenue
$739,354
Down
Call/Email
Posting: 285726 | Available | 4/28/24
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
$249,000
Cash flow
$545,700
Revenue
$2,086,700
Down
Call/Email
Posting: 277227 | Available | 4/5/24
For sale is a state-of-the-art beer garden/tap room, "The Armory" is located in the historic Gold Rush town of Sonora, CA, and is surrounded by hotels, eclectic shops, boutiques, dining, and social venues. It is perfectly situated on the Yosemite tourist corridor.
Asking Price
$4,500,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$360,000
Revenue
Call/Email
Down
Call/Email
Posting: 275836 | Available | 3/22/23
The listing for a bar with an entertainment license is available. Due to confidentiality, the listing agent will show it in person. The seller requires POF to make an appointment to see the business.
Asking Price
$999,999
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
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
$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
$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
Call/Email
Down
Call/Email
Posting: 283869 | Available | 5/2/24
This restaurant features a type-47 ABC license (valued at $385,000), is located on a main thoroughfare, and has been in business for more than 30 years. Famous for its unique menu, the restaurant has repeatedly won awards over the years, has been featured in multiple publications. A real steal!
Asking Price
$425,000
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
N/A
Revenue
N/A
Down
N/A
Posting: 283424 | Available | 4/23/24
Located in historic downtown Santa Barbara, this bar and restaurant stands as a vibrant culinary destination that effortlessly marries tradition with innovation, where delectable dining and signature cocktails meet timeless charm.
Asking Price
$999,000
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
$1,435,000
Down
Call/Email
Posting: 283905 | Available | 1/3/24
Located in the city of East Los Angeles and oozing with character, this great-looking restaurant and bar established in 2014 has a coveted ABC Type 47 hard liquor license, (current value at $140,000). It currently operates a gastro-pub serving lunch and dinner.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$200,000
Down
Call/Email
Posting: 281965 | Available | 8/2/23
This popular Long Beach area live music venue has been a hit with patrons since the middle 1970s. The 2,500+ square foot venue has entitlements for live entertainment, DJs, and dancing.
Asking Price
$390,000
Cash flow
Call/Email
Revenue
$1,245,000
Down
Call/Email
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
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
N/A
Revenue
N/A
Down
N/A
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
$85,000
Revenue
$600,000
Down
$170,000
Posting: 286113 | Available | 4/12/24
An outstanding opportunity to own a well-established pizza franchise that has been a staple in the community for over 34 years. This beloved location is renowned for its repeat customers and strong local presence. The restaurant is designed like a sports bar, complete with multiple TVs.
Asking Price
$170,000
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
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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
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
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This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
