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
$188,160
Down
$79,000
Posting: 280386 | Available | 1/8/24
This is a great location in the heart of downtown Palm Springs. Salon 119 is an established business with an excellent reputation and a strong customer base of returning clients. The salon has a warm atmosphere and welcoming staff that make you feel welcomed and pampered the minute you walk in.
Asking Price
$89,000
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
$1,740,000
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
$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
$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
$239,267
Revenue
$566,148
Down
Call/Email
Posting: 274847 | Available | 9/22/23
Skincare, as a market segment, is growing faster than any other part of the beauty industry. Sales of skincare products grew by 13% last year in the United States, while makeup grew by only 1% in the same period. This Skincare Company was founded in 1998.
Asking Price
$500,000
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
$90,505
Revenue
$204,000
Down
$70,000
Posting: 282245 | Available | 8/16/23
Full-service hair styling salon. Salon has 7 styling stations and 3 shampoo bowls with electric chairs. Currently, the salon offers Hair Styling, Haircolor, Lash & Brow Enhancements, Waxing & Facials.
Asking Price
$70,000
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
$3,000,000
Revenue
$15,000,000
Down
Call / Email
Posting: 281158 | Available | 6/9/23
This acclaimed skin care brand is an unparalleled leader in its 3 novel primary sales channels. Together with its direct to consumer sales efforts, the beauty care brand enjoys remarkable market access that allows it get newly launched products in front of customers and in customers hands in days.
Asking Price
$14,000,000
Cash flow
$294,537
Revenue
$615,291
Down
Call/Email
Posting: 278103 | Available | 5/31/23
Price reduced! This established and busy beauty/skincare center has flourished for 8 years in a beautiful, upscale neighborhood in Orange County with a loyal, high-end customer base, yet the rent is very reasonable. The bright, welcoming office includes three treatment areas. It is SBA qualified.
Asking Price
$625,000
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 | 4/19/24
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
$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
$300,000
Down
Call/Email
Posting: 285792 | Available | 3/22/24
This is an established nail salon for sale in San Francisco north beach surrounded by retail shops, restaurants, cafes and hotels. Daily sales is between $400-$1,500 with 3-4 staffs working. It is approximately 1,100 square feet with waxing rooms for facials, and waxing. They do permanent makeup.
Asking Price
$100,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285510 | Available | 3/5/24
Beautifully appointed, this bright beauty space opens to plenty of foot traffic near Burbank Studios. Just add your professional talent and owner's vision! This salon spa is located in a well-maintained building. Direct lease with the landlord in place plus renewal options.
Asking Price
$299,000
Cash flow
$2,200,689
Revenue
$451,228
Down
$120,000
Posting: 280837 | Available | 3/30/24
This is a business for hair extensions and wigs that solves medical to fashion enhancement needs in Fresno. It offers personal, caring, custom solutions. Since 2003, this business has given back life and vibrancy to those who deserve to feel great about themselves.
Asking Price
$345,000
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
$60,000
Down
Call/Email
Posting: 285273 | Available | 2/20/24
Do not miss this unique opportunity to own a small profitable salon and barbershop operation. The business is located in a well-known downtown commercial office building that sees heavy foot traffic, and has a captive audience and a loyal customer base. The shop is fully equipped.
Asking Price
$65,000
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
Call/Email
Revenue
Call/Email
Down
$40,000
Posting: 285545 | Available | 3/6/24
Located in the bustling Los Angeles Valley, this thriving hair salon and spa represents a dual business opportunity, having been established for 18 years. This unique offering combines a salon, featuring 13 recently fully occupied chairs, with a spa that boasts 6 rented rooms.
Asking Price
$40,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285874 | Available | 3/27/24
For sale is a prestigious hair salon located in a very busy shopping center in San Diego County. It has been established for over 25 years with a list of clientele. It is well-known in the area. Rent is 3,500. per month plus NNN.
Asking Price
$180,000
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
$91,743
Revenue
$201,206
Down
Call/Email
Posting: 283749 | Available | 2/22/24
This custom nail polish manufacturer specializes in small quantity production. 95% of their business stems from fulfilling orders for custom private label polishes for online beauty product resellers and orders for promotional products for major brands outside of the beauty space.
Asking Price
$185,000
Cash flow
$474,000
Revenue
$1,600,000
Down
Call/Email
Posting: 282823 | Available | 3/6/24
Established in 2016, this Company started as a consulting side venture by its founder, a beauty entrepreneur who built her brand from her college dorm and later moved to China to explore manufacturing possibilities. With the challenges of the Indie Beauty sector in mind, this Company has evolved.
Asking Price
$1,800,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285851 | Available | 3/26/24
This is a great opportunity to take over a very stylish salon or bring in your own concept. It is a great Belmont Shore Long Beach location. There are six stations and two bowls. There are currently six stylists paying chair rentals. This one is definitely worth checking out.
Asking Price
$35,000
Cash flow
$56,000
Revenue
$134,000
Down
$125,000
Posting: 283389 | Available | 3/29/24
This lavish venue aesthetics is the ultimate destination for premium body sculpting procedures. They offer a selection of cutting-edge treatments that are non-invasive, needle-free, and completely devoid of downtime. This business is dedicated to providing extensive body sculpting services.
Asking Price
$125,000
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
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
$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
$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
$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: 286089 | Available | 4/10/24
For sale is a well-established hair salon located in an upscale area since 2002, very nice clientele. The seller is ready to retire. One station is subleased to get income about $1,264 per month. A new owner can either do the same business or convert to other type of beauty salon.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
$188,160
Down
$79,000
Posting: 280386 | Available | 1/8/24
This is a great location in the heart of downtown Palm Springs. Salon 119 is an established business with an excellent reputation and a strong customer base of returning clients. The salon has a warm atmosphere and welcoming staff that make you feel welcomed and pampered the minute you walk in.
Asking Price
$89,000
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
$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
N/A
Revenue
N/A
Down
N/A
Posting: 282950 | Available | 1/25/24
Don't miss this unique opportunity to own a high-end airstream trailer that was designed as a full-service mobile salon and barbershop to accommodate the ever-increasing demand for on-the-go convenience. This customized airstream trailer is state of the art and completely self-contained.
Asking Price
$90,000
Cash flow
Call/Email
Revenue
$186,000
Down
Call/Email
Posting: 285688 | Available | 3/17/24
For sale is a luxury, high-end, modern hair salon with 5 stations and a skin care station. It has been established for 9 years and has 17,000 customers. It is 1,210 sg ft. The rent and NNN is $2,466/month.
Asking Price
$55,000
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
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
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
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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
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
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.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
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.
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.
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.
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!
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
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 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.
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.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
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.
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about 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.
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.
