Cash flow
$582,467
Revenue
$3,842,685
Down
Call/Email
Posting: 285078 | Available | 2/8/24
Take hold of this golden opportunity to own a thriving multi-unit lash service franchise with 3 locations strategically positioned for success. With an established brand and 3 turn-key locations, this business is poised for growth with almost a decade of solid establishment.
Asking Price
$1,460,000
Cash flow
Call/Email
Revenue
$100,000
Down
Call/Email
Posting: 285038 | Available | 2/6/24
This is a facial, skincare, and semi-permanent makeup business for sale in San Jose. The studio is small but very clean and nicely designed. There is ample parking in the parking garage with an entrance directly to the building. She does skincare and semi-permanent makeup with great reviews.
Asking Price
$75,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 281773 | Available | 2/5/24
For sale is a well-established salon specializing in eyelash extensions and other beauty services, located at the corner of a major street and surrounded by many other businesses. It is a modern, well-designed space, equipped with 4 beauty suites, a waiting room, and a restroom.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$150,000
Down
Call/Email
Posting: 281076 | Available | 2/3/24
This is a popular hair salon with 17 years of history in Torrance, CA. The owner intends to retire and sell the business. This salon is good for the start-up hair salon business and expanding business. The owner will transfer the customer list of approximately 1,000 customers.
Asking Price
$80,000
Cash flow
$195,000
Revenue
$995,450
Down
Call/Email
Posting: 283889 | Available | 1/31/24
Unlock the door to success with the acquisition of a renowned and profitable luxury nail bar and spa in the heart of Los Angeles, CA. With a decade of excellence in the industry, this establishment has carved a niche for itself, synonymous with quality, opulence, and unparalleled customer service.
Asking Price
$449,000
Cash flow
$61,784
Revenue
$244,201
Down
Call/Email
Posting: 284874 | Available | 1/26/24
Seize the golden opportunity of owning an iconic tanning salon with a loyal base of long-term, repeat customers. This thriving business is a sun-kissed haven that promises not just a bronzed glow but also a steady stream of recurring clientele.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284849 | Available | 1/24/24
This is an established 20+ years fashion hair styling salon and day spa in Alameda County featuring Aveda products. The salon is 900SF with grandfathered-in low rent of $2,700/month. It has a modern romantic setting with beautifully appointed lighting fixtures and a modern vibe.
Asking Price
$190,000
Cash flow
Call/Email
Revenue
$83,186
Down
$39,000
Posting: 284827 | Available | 1/24/24
This is a unique opportunity to acquire ownership of a stylish beauty salon located in one of the beach cities in southern Orange County. Situated in a crowded shopping center with high foot traffic, the salon has undergone a complete renovation, boasting a chic and modern aesthetic.
Asking Price
$39,000
Cash flow
$80,000
Revenue
$190,000
Down
Call/Email
Posting: 284812 | Available | 1/23/24
This well-established salon and spa business has been in business for over 22 years! It provides a comprehensive array of beauty, grooming, and wellness services to its clients. Additional body treatments, such as scrubs, wraps, and detox therapies, pamper clients and nourish their skin.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283565 | Available | 1/22/24
This is a hair salon franchise for sale in San Diego with strong name-brand recognition. It has an absentee owner, 3 employees, 1 manager, and two stylists. There are eight hair stations so plenty of room for more hair stylists. Includes equipment with an approximate market value of $35,000.
Asking Price
$49,000
Cash flow
$120,000
Revenue
$120,000
Down
$39,900
Posting: 283776 | Available | 1/5/24
This is an exciting opportunity to own a turnkey hair salon in Chico, CA. Located in a busy strip mall in a highly visible area of Chico, the salon has many walk-ins and return clients. The location features a large grocery outlet, gas station, and restaurants welcoming the local community.
Asking Price
$49,999
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284324 | Available | 12/15/23
This is a high-end nail & massage Salon for sale in Central San Diego. It is a beautiful salon in a great location with an excellent reputation. There are currently 8 nail techs and 2 massage technicians. There is room for 4 more nail techs and another massage technician. The techs are all paid 50%.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 282020 | Available | 12/4/23
For sale is a high-end, upscale nail spa located in Monterey Park. There are hundreds of gel colors and technicians can create your custom colors as well. All of the equipments are sterilized in a surgical-grade autoclave for your protection. The pedicure spas utilize the latest air-jet technology.
Asking Price
$825,000
Cash flow
Call/Email
Revenue
$1,740,000
Down
Call/Email
Posting: 275256 | Available | 12/2/23
This is the best traditional health spa in a beautiful facility, with plenty of parking available. They typically separate men and women in different areas due to undressing and nudity. There is no time limit. This is hands down the best body scrub that gets rid of all your dead skin.
Asking Price
$7,500,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281951 | Available | 11/14/23
This hair salon has had one owner and was newly built in 2016. The plumbing, electricity, ventilation, and air conditioning systems were all designed specifically for a salon. There are five hair stations, two shampoo bowls, and a waiting area for up to six people. There is a private restroom.
Asking Price
$60,000
Cash flow
$128,000
Revenue
$616,000
Down
Call/Email
Posting: 283648 | Available | 11/1/23
This is a fantastic opportunity for growth at this well-established salon & spa. They have a reliable group of repeat clients with substantial and consistent pre-bookings. This full-service, professional salon and spa is located in Worcester County. This business was founded more than 20 years ago.
Asking Price
$225,000
Cash flow
$120,000
Revenue
$360,000
Down
$79,000
Posting: 258408 | Available | 10/27/23
A long-time, highly profitable retail and esthetician services business. 800 SF with two skin service rooms and room for a third, and a large client list for both retail and services. Includes the Shiseido distributorship, a rare opportunity. This business is very successful and has room to grow.
Asking Price
$79,000
Cash flow
$180,000
Revenue
$425,000
Down
Call / Email
Posting: 252318 | Available | 10/27/23
For sale is a salon/spa with beautiful decor and a serene setting. There are 15,000/20,000 people on the client list. There are five separate massage rooms, a beautiful penthouse balcony, public parking garage attached to the building, great reviews, and services, and includes a massage license.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283481 | Available | 10/20/23
Are you ready to take the reins of your own flourishing hair salon? Look no further! An incredible opportunity awaits you in the heart of North County. We proudly present a beautifully furnished salon spanning 2400 square feet, and the best part? It's all yours for just $79,000!
Asking Price
$79,000
Cash flow
$243,573
Revenue
$455,078
Down
Call/Email
Posting: 283383 | Available | 10/16/23
Unlock the potential of the beauty education industry with this remarkable School founded on a legacy of expertise. Boasting an accomplished Founder with a stellar track record in beauty education, this School is a beacon of credibility in the field.
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
$110,000
Down
Call/Email
Posting: 278495 | Available | 8/28/23
This is an established hair salon for sale in Greenbrae of Marin County. It is located in a shopping center for shopping, dining, playing, and relaxing. It is approximately 508 sq ft. with plenty of parking. The lease amount is $2,106.67 which covers garbage and CAM.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 263749 | Available | 8/14/23
This is a popular hair salon located in a large Asian shopping center in Milpitas since 2008. There were four hair stylists serving customers. The store is near many high-tech companies with plenty of parking spaces and heavy foot traffic. There are two facial rooms in the back for rent.
Asking Price
$40,000
Cash flow
$66,000
Revenue
$300,000
Down
Call / Email
Posting: 277419 | Available | 11/16/22
This West Hollywood Nail Salon is one of the well-recognized names in nails. The well-established salon has a full-time working owner. As a result, it is ideal for aggressive operators that wish to work full-time in order to minimize expenses and operate the venue full-time.
Asking Price
$200,000
Cash flow
$300,000
Revenue
$420,000
Down
$224,000
Posting: 251230 | Available | 9/28/20
Established Hair and Nail Salon with great customer base in heart of busy town. 1,000 sq. ft. 5 Hair Stations, 2 Shampoo Bowls, 2 Manicure and 1 Pedicure Station and 1 Facial/Waxing room. Great size Storage and working washer and dryer available for use. Current owner since 2008, now retiring.
Asking Price
$224,000
Cash flow
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 4/26/24
This is a rare full-service salon in the heart of a bustling neighborhood an inviting full-service salon located in a prime area close to multiple apartment buildings and hotels, in a historic location. Offering a range of luxurious services including haircuts, balayage, highlights, nails, etc.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286142 | Available | 4/26/24
Award Winning Aveda Salon is for sale. The salon and spa is located in the vibrant, sought-after neighborhood of Ocean Beach, San Diego.
Asking Price
$130,000
Cash flow
$137,329
Revenue
$319,012
Down
Call/Email
Posting: 285829 | Available | 3/25/24
This newly renovated, bright, busy, and trendy hair salon is profitable, growing, and ready for a new owner to take it higher! The business provides services for men, women, and kids with all hair types. The salon specializes in the most popular trends.
Asking Price
$196,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 279095 | Available | 3/25/24
For sale is a 5-star beauty salon is for sale in Los Altos. The place is very clean with an ADA restroom and break room laundry room. It is conveniently located in the shopping mall with some parking spaces in the front. It has approximately 1,300 sq ft. inside with a low rent amount of $3,800.
Asking Price
$160,000
Cash flow
$367,571
Revenue
$1,350,000
Down
$1,600,000
Posting: 277815 | Available | 4/11/24
This Northern California non-surgical hair replacement company is a California S Corporation and was started more than 23 years ago, and under current ownership since inception. They offer hair loss prevention and regrowth products and treatment services, wigs and toppers, and more.
Asking Price
$1,600,000
Bldg Size
Call / Email
Space Being Rented
Call / Email
Year Built
Call / Email
Posting: 285917 | Available | 4/1/24
This is a space for lease that is currently a hair salon. It is on the Pacific Coast highway and will be available June 16, 2024. It is in an affluent neighborhood of Corona Del Mar, minutes from Fashion Island. The size is approximately 370 sq ft. for a rent of $3,500 per month.
Lease Amount
$3,500
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284687 | Available | 3/22/24
This salon is situated in a very busy center in central Orange County. The salon benefits from excellent visibility and accessibility. The salon has been a one stop destination for beauty enthusiasts for over 20 years. They pamper clients with top-notch nail treatments and spa experiences.
Asking Price
$49,000
Cash flow
$120,000
Revenue
$250,000
Down
$69,000
Posting: 285995 | Available | 4/5/24
For sale is a hair salon business that was established 27 years ago. Its size is 1,000 sq. ft salon located in a busy shopping center. There are 4 hair stations and 2 waxing rooms. Open 7 days a week.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$150,000
Down
Call/Email
Posting: 281076 | Available | 2/3/24
This is a popular hair salon with 17 years of history in Torrance, CA. The owner intends to retire and sell the business. This salon is good for the start-up hair salon business and expanding business. The owner will transfer the customer list of approximately 1,000 customers.
Asking Price
$80,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 281773 | Available | 2/5/24
For sale is a well-established salon specializing in eyelash extensions and other beauty services, located at the corner of a major street and surrounded by many other businesses. It is a modern, well-designed space, equipped with 4 beauty suites, a waiting room, and a restroom.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285541 | Available | 4/25/24
This is a well-established hair and nail salon since 2010, it is located in a busy shopping plaza with lots of foot traffic. Business is stable with regular customers. After 13 years of operating the business, the seller is reaching the time to retire. There is a lot of potential to grow.
Asking Price
$88,000
Cash flow
$29,601
Revenue
$293,433
Down
Call/Email
Posting: 285665 | Available | 3/14/24
Located in San Gabriel Valley, this is a turn-key full-service franchise hair salon. It is well-established, very clean, and has been in existence for nearly 10 years. The salon is located in a newer, vibrant shopping center, with great anchor stores.
Asking Price
$39,000
Cash flow
$128,000
Revenue
$616,000
Down
Call/Email
Posting: 283648 | Available | 11/1/23
This is a fantastic opportunity for growth at this well-established salon & spa. They have a reliable group of repeat clients with substantial and consistent pre-bookings. This full-service, professional salon and spa is located in Worcester County. This business was founded more than 20 years ago.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 282020 | Available | 12/4/23
For sale is a high-end, upscale nail spa located in Monterey Park. There are hundreds of gel colors and technicians can create your custom colors as well. All of the equipments are sterilized in a surgical-grade autoclave for your protection. The pedicure spas utilize the latest air-jet technology.
Asking Price
$825,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281951 | Available | 11/14/23
This hair salon has had one owner and was newly built in 2016. The plumbing, electricity, ventilation, and air conditioning systems were all designed specifically for a salon. There are five hair stations, two shampoo bowls, and a waiting area for up to six people. There is a private restroom.
Asking Price
$60,000
Cash flow
$66,000
Revenue
$300,000
Down
Call / Email
Posting: 277419 | Available | 11/16/22
This West Hollywood Nail Salon is one of the well-recognized names in nails. The well-established salon has a full-time working owner. As a result, it is ideal for aggressive operators that wish to work full-time in order to minimize expenses and operate the venue full-time.
Asking Price
$200,000
Cash flow
$80,000
Revenue
$190,000
Down
Call/Email
Posting: 284812 | Available | 1/23/24
This well-established salon and spa business has been in business for over 22 years! It provides a comprehensive array of beauty, grooming, and wellness services to its clients. Additional body treatments, such as scrubs, wraps, and detox therapies, pamper clients and nourish their skin.
Asking Price
$250,000
Cash flow
$160,000
Revenue
$400,000
Down
$449,000
Posting: 283855 | Available | 4/11/24
This Northern California based skin and wellness center is a California Limited Liability Company and was formed 7 years ago and has been under the current ownership since inception. They are a leading provider of advanced skin care treatments and wellness services.
Asking Price
$449,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281900 | Available | 4/3/24
This established and beautifully designed hair salon is in a trendy San Diego neighborhood. There are currently five (5) seasoned stylists that are completely booked and pay $300 a week for booth rent. They are responsible for their own appointments and books.
Asking Price
$50,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284738 | Available | 3/13/24
This is an established nail salon for sale in the San Francisco Financial District. It is located near Safeway and Starbucks in an area full of gigantic apartment complexes overhead. This salon is on the outskirts of FiDi and is located on the ground floor of an apartment building.
Asking Price
$80,000
Cash flow
$42,000
Revenue
$220,000
Down
Call/Email
Posting: 284721 | Available | 4/1/24
For sale is an absentee-run, profitable tanning salon with new equipment. It is run by one employee who also runs a small clothing boutique inside. The owner moved to a different state (A) in the last two years and it has been employee-run. Low rent.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 278012 | Available | 3/17/24
This is a beauty salon and supplies shop for sale in scenic Novato of Marin County. It is conveniently located off Highway 101 in Novato, California, just 30 miles southwest of Napa and 20 miles north of the Golden Gate Bridge. It is approximately 1,250 sq ft. plus rent amount is $4,700.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
$83,186
Down
$39,000
Posting: 284827 | Available | 1/24/24
This is a unique opportunity to acquire ownership of a stylish beauty salon located in one of the beach cities in southern Orange County. Situated in a crowded shopping center with high foot traffic, the salon has undergone a complete renovation, boasting a chic and modern aesthetic.
Asking Price
$39,000
Cash flow
$300,000
Revenue
$420,000
Down
$224,000
Posting: 251230 | Available | 9/28/20
Established Hair and Nail Salon with great customer base in heart of busy town. 1,000 sq. ft. 5 Hair Stations, 2 Shampoo Bowls, 2 Manicure and 1 Pedicure Station and 1 Facial/Waxing room. Great size Storage and working washer and dryer available for use. Current owner since 2008, now retiring.
Asking Price
$224,000
Cash flow
$120,000
Revenue
$600,000
Down
$329,000
Posting: 284462 | Available | 4/16/24
This is a thriving nail ar in the heart of San Fernando Valley. It is an opportunity to own a high-volume, well-established nail salon situated on a bustling major street in the vibrant San Fernando Valley. This salon boasts a strong client base, excellent street visibility, and a great reputation.
Asking Price
$329,000
Cash flow
Call/Email
Revenue
$200,000
Down
Call/Email
Posting: 285467 | Available | 4/11/24
This asset sale is located on a busy main street near Palmdale City Hall, this corner lot property offers an ideal location for a nail salon and spa. The space, formerly used for a nail shop and spa store, is ready for immediate use with existing water pipes and plumbing lines in place.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 263749 | Available | 8/14/23
This is a popular hair salon located in a large Asian shopping center in Milpitas since 2008. There were four hair stylists serving customers. The store is near many high-tech companies with plenty of parking spaces and heavy foot traffic. There are two facial rooms in the back for rent.
Asking Price
$40,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279009 | Available | 3/20/24
For sale is a luxury, high-end, modern hair salon. This hair salon is located on El Camino Real in a busy shopping center. Rent is $7,800 including CAM and the size is 1,680 sq. ft. The owner invested money in remodeling and furniture. This is a good location and there are lots of walk-in customers.
Asking Price
$275,000
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
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
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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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
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
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
Buying a nail service business requires careful consideration during the due diligence process. Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 925-785-3118, discusses the important factors to focus on when valuing & buying a nail salon shop.
There are more than 1 million hair salons in the United States! Buying a hair salon for sale can be a good investment if you find the opportunity and have the right skills to run it. Hair salon opportunities range from independent businesses of all sizes to franchises. Let's discuss this further.
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.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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.
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.
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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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!
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.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
