Cash flow
$122,262
Revenue
$631,735
Down
$350,000
Posting: 283230 | Available | 3/11/24
This Long Beach area bar caters to a diverse community with a host of near-nightly events that include karaoke, shows, and dancing. The venue boasts a stellar location with excellent visibility, parking, an outdoor patio and dance, the coveted entertainment, dance, and cabaret entitlements.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
$900,000
Down
Cash Only
Posting: 277755 | Available | 3/11/24
For sale is a bar established for 20-plus years with first-class remodeling completed. The new owner put in a nice kitchen and a full first-class remodel. It is 1 of only 3 bars within 5 miles of the Marine Base. The new owner is moving out of the area. It is run by management.
Asking Price
$600,000
Cash flow
$444,455
Revenue
$4,467,660
Down
Call/Email
Posting: 284569 | Available | 3/11/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$1,700,000
Cash flow
N/A
Revenue
N/A
Down
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285503 | Available | 3/5/24
Broderick's was purchased in 2022 by successful Broderick's group managing partner, Chris Jarosz. Chris tragically died in a motor accident in 2023, just months after reopening the Davis location following renovations. The business has been closed and is an asset sale only.
Asking Price
$100,000
Cash flow
$542,772
Revenue
$1,743,337
Down
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
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
Call/Email
Down
Call/Email
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
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
$1,101,883
Down
Call/Email
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
Call/Email
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
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
$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
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: 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
Call/Email
Revenue
Call/Email
Down
Call/Email
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
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
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
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
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
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
$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
$1,610,768
Down
$795,000
Posting: 278857 | Available | 3/15/23
This Temecula bar and restaurant with multiple bars boasts stellar freeway access, main street visibility, a spacious parking lot, and live entertainment with a new, highly versatile build-out that allows the venue to simultaneously offer dining and live music in separate spaces.
Asking Price
$795,000
Cash flow
Call/Email
Revenue
$2,100,000
Down
Call/Email
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
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
$300,000
Revenue
$2,400,000
Down
Call/Email
Posting: 281552 | Available | 9/28/23
This 6,600 sq ft. full-service restaurant is outfitted with all the equipment you need to continue generating top-line revenue of over $2.4m and $324k in potential profit for you! All items are included in the purchase price of this turn key restaurant for sale!
Asking Price
$749,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
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
$240,000
Revenue
$240,000
Down
$200,000
Posting: 283704 | Available | 11/6/23
For sale is a Mediterranean restaurant & hookah lounge. It has a high cash flow($240,000) and is an excellent location with a full kitchen with a 41 license. The current owner has been there for 10 years now. The sales tax report is $7,300/month, so a loan is available with about a 30% down payment.
Asking Price
$400,000
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
$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
Call/Email
Revenue
$724,992
Down
Call/Email
Posting: 283114 | Available | 4/4/24
For sale is a bar with a type 48 license. It has been open for 32 years. It is a very nice pub located in upscale area. The large bar is serving the best selection of Scotch, Whiskey, Wines, Vodkas and Beer. It is a very relaxed environment with easy friendly clientele. They do not serve food.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
$1,694,916
Down
Call/Email
Posting: 277954 | Available | 1/29/24
For sale is a sushi restaurant that is in a great location with huge potential. The new owners can change any concept restaurant or keep the sushi restaurant. They have a Type 47 alcohol license. You can sell any alcohol. This restaurant has a hard liquor bar. The store size is 4,800 sq ft.
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
$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
$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
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: 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
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
$130,000
Revenue
$735,000
Down
$429,000
Posting: 282996 | Available | 11/1/23
For sale is a centrally located bar in an area that is well known for its dining and entertainment options. It's upscale prime location in Glendale entertainment district (no CUP needed) with lots of cars and foot traffic. The atmosphere and vibrant community make it a go-to destination.
Asking Price
$429,000
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
$2,700,000
Down
Call/Email
Posting: 284645 | Available | 1/11/24
Inherit the $1.5mm in long term bank debt, pay a landlord security deposit, escrow closing costs and take over this establishment with $2.7mm in 2023 sales revenues with original build out costs of $2.5mm. The sale includes 2 bars both with ABC Type 47 hard liquor licenses.
Asking Price
$0
Cash flow
$480,000
Revenue
$1,900,000
Down
$1,250,000
Posting: 285811 | Available | 3/23/24
This bar and grill (with entertainment) is well-known and is the favorite place to eat and have a cocktail or two for many local residence and workers around the area. It is located on a large center with plenty of parking. They have a full kitchen with well maintained equipment.
Asking Price
$1,250,000
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
$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
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
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
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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
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
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question.
Owning a bar is a fantasy that many can claim. Who hasn't once thought about what it would be like to own and manage the hottest place in town? Like all business investments, there are important factors to consider before you jump in and buy a bar. Peter Siegel, Founder of BizBen.com discusses...
Four factors to consider when buying a bar. Peter Siegel with BizBen.com discusses: The advantages and disadvantages of a bar that serves food as well as liquor. Staffing, inventory control and owner involvement as they relate to a good business are summarized. Benchmarks when looking at financials.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
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.
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.
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 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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
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 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.
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.
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.
