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
$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 | 5/3/24
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
$379,511
Revenue
$1,556,447
Down
$1,125,000
Posting: 280303 | Available | 4/29/24
This company is one of the largest non-surgical hair restoration providers for women, men, and children who experience any type of hair loss. Wigs are a small part of revenue the large majority of revenue is hair restoration with jobs starting at $1,500 up to $7,000 or higher plus revenues.
Asking Price
$1,125,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284324 | Available | 5/1/24
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
Call/Email
Down
Call/Email
Posting: 286142 | Available | 5/2/24
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
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 279095 | Available | 4/28/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284738 | Available | 5/2/24
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
$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
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
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 275955 | Available | 4/28/24
For sale is an established beauty salon in an upscale neighborhood of the Marina in San Francisco. It is located near the bustling commercial strip of Chestnut street with many dining restaurants, coffee shops, and retail establishments. They do manis, pedis, plus a hair station to cut hair.
Asking Price
$80,000
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
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
$225,000
Revenue
$570,000
Down
$250,000
Posting: 286212 | Available | 4/20/24
From injectables, to Platelet-Rich Plasma Therapy, they set the bar high in all that they do. They offer custom-tailored treatment plans and take the time to listen to their client's individual needs.
Asking Price
$500,000
Cash flow
$76,018
Revenue
$341,898
Down
Call/Email
Posting: 285680 | Available | 4/22/24
For sale is a profitable, established hair and makeup salon with gorgeous decor. It is located in a very busy major shopping center and between the national supermarket and another superstore as well as about 40 other busy businesses. There is lots of parking. Priced to sell fast.
Asking Price
$70,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286357 | Available | 5/1/24
This upscale business is located in a shopping center anchored by major retailers, and just minutes from downtown shopping area. The store was established as a retail beauty store and salo devoted to sales and service for hair, skin and nail products, cosmetics, and assorted personal care products.
Asking Price
$399,000
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
$35,000
Posting: 250563 | Available | 10/5/20
Wonderful opportunity for new hair stylist with lower budget. this business has a great reputation in the area and great client based. This is a 600 sq.ft. Well established hair salon located on a strip male of upscale city in bay area. Current owner start this business 2002 and is ready to retire.
Asking Price
$35,000
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
$553,267
Revenue
$1,443,778
Down
Call/Email
Posting: 286216 | Available | 4/21/24
Indulge your passion for beauty and style by acquiring this prestigious, highly profitable hair salon. The salon sits in a prime location in Orange County, surrounded by upscale boutiques, fine dining, and other exclusive venues. For almost twenty years, it has been a high-end destination.
Asking Price
$1,895,000
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: 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
$150,000
Revenue
$400,000
Down
Call/Email
Posting: 283345 | Available | 4/6/24
This is an incredible opportunity to own and operate a 25-year advanced exclusive skin care day spa. It has had the same owner/operator for 25 years. They have an exclusive professional imported skincare line and services, an excellent exclusive client list, high retail sales, and great profit.
Asking Price
$179,000
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
$40,000
Posting: 285545 | Available | 5/1/24
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: 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
$42,000
Revenue
$500,000
Down
Call/Email
Posting: 285729 | Available | 4/28/24
This is an absentee-run, branded hair salon shop for sale in Downtown San Jose. This location's vibe is very modern and fun. The parking for this location is either street parking or a parking garage down the street. There are also plenty of coffee shops, office buildings, and places to eat around.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279635 | Available | 5/2/24
For sale is an upscale Beauty Spa for sale in Financial District SF. The spa ambiance is clean and spacious with an ADA restroom. They offer professional hair removal/waxing, facials, and hair makeup for wedding looks that bring out a woman's natural beauty. There are over 25,000 clients.
Asking Price
$78,000
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
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
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.
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.
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.
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.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
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.
