Cash flow
$80,000
Revenue
$286,184
Down
$135,000
Posting: 273276 | Available | 2/16/24
This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects, and upscale homeowners in the greater Los Angeles area for over 12 years. The majority of the company's business is now recurring and referral based.
Asking Price
$135,000
Posting: 275411 | Available | 2/14/24
A buyer is seeking an established plumbing business that has been in operation for at least 15+ years. The business should have gross sales in the range of $1million to $3 million annually. We represent a very successful buyer who is looking to expand his current operation.
Cash flow
$196,280
Revenue
$1,194,901
Down
Call/Email
Posting: 285155 | Available | 2/14/24
This is a great opportunity to get involved and monetize in the construction industry, which is booming, especially in Florida. Additionally, flooring is a great sector and nicely diversified due to the demand being driven by both new construction and the R&R (remodeling & renovation) market.
Asking Price
$799,000
Cash flow
$638,966
Revenue
$2,139,023
Down
Call/Email
Posting: 284424 | Available | 2/13/24
This is a rare opportunity to acquire a highly profitable, top-tier hardwood flooring distributor in operation for 30 years! This turnkey, wholesale business is a distinguished distributor sourcing premium hardwood floors that are sustainably sourced and engineered through direct factory channels.
Asking Price
$4,000,000
Cash flow
$268,065
Revenue
$2,840,000
Down
Call/Email
Posting: 284526 | Available | 2/13/24
This is a 25-year general contractor specializing in interior design, custom cabinetry and remodeling (serving the Inland Empire, San Gabriel Valley, and all of Southern California) is ready to retire. The Company has grown consistently over the years by accommodating discerning clientele.
Asking Price
$675,000
Cash flow
$314,442
Revenue
$1,251,118
Down
Call/Email
Posting: 279054 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,400,000
Cash flow
$30,296,906
Revenue
$178,182,423
Down
Call/Email
Posting: 281689 | Available | 2/7/24
The business is a highly regarded lath and plaster company operating in the Los Angeles area. They specialize in both exterior and interior lath and plaster applications for residential and commercial projects.
Asking Price
$450,000
Cash flow
$140,000
Revenue
$529,494
Down
$375,000
Posting: 285039 | Available | 2/6/24
This greater Dallas area emergency response and restoration firm specializes in water an fire damage, mold remediation and reconstruction. They work with insurance adjustors, homeowner associators, residential property managers as well as plumbing contractors.
Asking Price
$550,000
Bldg Size
5,430 Sq.Ft
Typical Floor Size
5,430 Sq.Ft
Year Built
1980
Posting: 284938 | Available | 1/31/24
The owner is running the business for a contractors' supplier. The lot size is 5,849 sq ft. It sits in a block from a very busy road near freeway with high visibility form street has own parking. The building has a loft for extra storage room not in the record when they bought it.
Asking Price
$2,400,000
Cash flow
Call/Email
Revenue
$5,370,323
Down
Call/Email
Posting: 284843 | Available | 1/24/24
Become a partner and run your own solar sales franchise opportunity with one of the nation's leading solar companies. This opportunity comes with 10 fully trained work-staff salesmen, minimal startup fees, and a full book of business with over 20,000 warm leads.
Asking Price
$2,000,000
Cash flow
$111,889
Revenue
$1,058,084
Down
Call/Email
Posting: 284836 | Available | 1/24/24
Founded in 1978, this thriving flooring business with 45 years of success has established itself as a staple in the industry. With a consistent stream of contractors, designers, and customers relying on their impeccable flooring solutions, Their reputation drives steady word-of-mouth referrals.
Asking Price
$217,000
Cash flow
$151,000
Revenue
$423,000
Down
Call/Email
Posting: 279784 | Available | 1/24/24
This profitable, top-ranked residential plumbing company has been in SFV for over 30 years! Recommended by the city of Burbank in local area moms' clubs, and it has 100's of satisfied and active customers. It is home based, owner operated all tools and supplies including truck included in the sale.
Asking Price
$310,000
Cash flow
$272,023
Revenue
$1,426,206
Down
Call/Email
Posting: 282460 | Available | 1/22/24
Established over 20 years, this service and repair plumbing business generates over $1mm in sales with 85% customer retention. This business operates out of a 2,000 sq ft. building including a warehouse and is centrally located in East San Diego County.
Asking Price
$599,000
Cash flow
$1,385,000
Revenue
$5,800,000
Down
Call/Email
Posting: 284700 | Available | 1/16/24
For close to 50 years, commercial general contractors and developers have relied upon this company to design and build the best in high-end pools. Superb name-recognition and reputation has kept their customers coming back as their first-choice contractor.
Asking Price
$5,000,000
Cash flow
Call/Email
Revenue
$723,000
Down
Call/Email
Posting: 282935 | Available | 1/12/24
This is an established business with repeating loyal customers since 1972 and positive cash flow. They specialize in frameless glass shower doors, windows, and mirror installation. The sale conveys, misc. small hand tools, office furniture with computers, hardware, and glass inventory.
Asking Price
$174,900
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281337 | Available | 1/8/24
Class B - General Building Contractor. This construction company is an S Corporation with a Class B - General Building Contractor license that can be relocated anywhere in California. The buyer will need an RMO or RME.
Asking Price
$85,000
Cash flow
$225,000
Revenue
$1,000,000
Down
Call/Email
Posting: 271615 | Available | 12/11/23
For sale is this SBA qualified established drywall & painting contractor with 12 employees & an excellent reputation with great reviews online. This business is home-based in Central Orange County and is relocatable. The owner does the estimating and the bookkeeping, and has workers to do the jobs.
Asking Price
$400,000
Cash flow
$396,000
Revenue
$590,000
Down
$800,000
Posting: 284195 | Available | 12/7/23
For sale is a turnkey and profitable forklift service and sales business. The seller is retiring after 26 successful years at the same location. It is a 1,600 sq ft. building on a 1-acre land. The buyer will get a new lease from the seller. There will be seller financing with $800,000 down.
Asking Price
$2,490,000
Cash flow
$375,767
Revenue
$3,024,963
Down
Call/Email
Posting: 281681 | Available | 11/15/23
This firm is one of Santa Clara County's most trusted civil engineering firms. Optional real estate for sale as well. The owner will remain on as an employee for up to 1 year for a smooth transition. The business is pre-approved with the SBA for 5% down and 5% seller carry on full standby.
Asking Price
$1,250,000
Cash flow
$1,211,382
Revenue
$8,405,796
Down
Call/Email
Posting: 283282 | Available | 11/15/23
This well-established metal supply company takes pride in offering swift, friendly, & reliable same or next-day delivery services. Operating in an industry known to thrive even during economic downturns, the business has maintained its high-visibility location at the intersection of major freeways.
Asking Price
$6,200,000
Cash flow
$3,500,000
Revenue
$120,000,000
Down
Call/Email
Posting: 280842 | Available | 11/1/23
This multi-family residential construction general contractor is an S-Corporation. The original company was founded in 1991 with a 100% sale to the new owners in late 2016/early 2017 as part of a divestiture/retirement of a founding member of the prior company. The company is in the Southeast U.S..
Asking Price
$15,000,000
Cash flow
$2,750,000
Revenue
$19,363,000
Down
Call/Email
Posting: 283551 | Available | 10/26/23
This commercial and industrial construction general contractor was founded in 2006 after the founder determined that the construction general contractor that he was working for was on a path to being sold. The Company was extremely successful and grew substantially under his leadership.
Asking Price
$11,000,000
Cash flow
$300,000
Revenue
$1,438,000
Down
$30
Posting: 283279 | Available | 10/23/23
Great opportunity to acquire an established Machine Shop with 27 years of successful operation. Located in the San Francisco Bay Area market, this shop comes equipped with CNC millings, many other machines, and various tools, catering to a range of precision manufacturing needs.
Asking Price
$645,000
Cash flow
$4,158,196
Revenue
$26,183,000
Down
Call/Email
Posting: 280653 | Available | 10/20/23
This established landscape and construction business is providing quality landscape and construction services throughout Southern California since 2002. They are striving to bring the highest standards of professionalism, service, and quality to every job.
Asking Price
$11,000,000
Cash flow
N/A
Revenue
N/A
Down
$30,000
Posting: 283455 | Available | 10/20/23
Selling all assets utilized for the operation of a structural concrete business with Seller financing on great terms. Must be relocated. Fantastic chance to become an Owner!
Asking Price
$320,000
Cash flow
$210,000
Revenue
$2,000,000
Down
Call/Email
Posting: 283377 | Available | 10/16/23
Iconic 62-year-old Specialty Machine Shop. 2nd generation owner. Company utilizes highly specialized machining and tooling to perform extreme accuracy of dimensions and flatness. AS-9100 and ISO9002 along with ITAR Registration. Long term client base.
Asking Price
$739,000
Cash flow
$237,002
Revenue
$763,045
Down
Call/Email
Posting: 283371 | Available | 10/16/23
Are you interested in entering or expanding in the contracting industry? This is a remarkable opportunity to acquire a well-established contracting company with a legacy rooted in over 30 years of collective experience. The Sellers have honed their craft, and built a stellar industry reputation.
Asking Price
$350,000
Cash flow
$359,965
Revenue
$1,745,504
Down
$1,599,000
Posting: 283252 | Available | 10/7/23
For sale is profitable California's landscape construction and maintenance corporation. This company's stellar reputation and lengthy client list have enabled it to be an industry go-to company. Inquiries from current clients and referrals for design services result in most sales development.
Asking Price
$1,599,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 4/21/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 4/19/24
Earthwork construction company - grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,995,000
Cash flow
$1,900,000
Revenue
$9,500,000
Down
Call / Email
Posting: 271089 | Available | 4/19/24
Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
$8,000,000
Cash flow
$464,879
Revenue
$2,899,885
Down
$1,599,000
Posting: 278295 | Available | 4/24/24
This company has over 40 years of experience in California's landscape construction and maintenance sectors. This company's stellar reputation and lengthy client list have enabled it to be an industry go to company. The business has concentrated on offering a wide variety of residential design/build
Asking Price
$1,599,000
Cash flow
$371,500
Revenue
$2,000,000
Down
Call / Email
Posting: 280057 | Available | 4/5/23
Top Reputation Home Remodel & Construction Franchise with Great Profits. Are you looking for an exciting business opportunity? Look no further than this extremely successful remodeling business with 20 years of success, which provides simple cost-effective projects to luxury projects.
Asking Price
$875,000
Cash flow
$127,008
Revenue
$1,617,809
Down
$300,000
Posting: 283543 | Available | 4/9/24
Founded in 1960, this company has completed wide-ranging residential projects from full bathroom and kitchen remodels to constructing a basement under an existing home. The company runs with a long-term crew and a designer who also serves as the office manager.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$100
Posting: 285876 | Available | 3/28/24
Detech Inc. dba Detech Fire & Security provides a wide range of facility systems solutions, with an emphasis on certified inspections & testing of fire / life safety systems for non-residential buildings of all types in accordance with code-enforced requirements as mandated by the AHJ.
Asking Price
Call/Email
Cash flow
$659,873
Revenue
$1,761,960
Down
Call/Email
Posting: 276224 | Available | 4/2/23
For 40 years, this profitable, well-established company has provided high-quality electrical and lighting services to commercial and industrial customers throughout Southern California. Low customer concentration and growth opportunities since there is no marketing currently.
Asking Price
$1,972,000
Cash flow
$173,191
Revenue
$425,079
Down
Call/Email
Posting: 285643 | Available | 3/13/24
This is an opportunity to acquire a well-established construction business. It has proven success, loyal clientele, and steady revenue. Ideal for someone ready to take the reins and build on a legacy. The seller is retiring, so seize the opportunity to make a substantial living and carry the torch. ...
Asking Price
$350,000
Bldg Size
5,430 Sq.Ft
Typical Floor Size
5,430 Sq.Ft
Year Built
1980
Posting: 284938 | Available | 1/31/24
The owner is running the business for a contractors' supplier. The lot size is 5,849 sq ft. It sits in a block from a very busy road near freeway with high visibility form street has own parking. The building has a loft for extra storage room not in the record when they bought it.
Asking Price
$2,400,000
Cash flow
$450,000
Revenue
$600,000
Down
Call/Email
Posting: 279977 | Available | 3/31/23
The Sand and Gravel Mining industry mines and undertakes basic processing of sand and gravel used for construction aggregates and industrial applications, such as road building, landscaping, snow and ice control and hydrocarbon extraction.
Asking Price
$6,000,000
Cash flow
$95,000
Revenue
$740,000
Down
Call/Email
Posting: 277200 | Available | 8/31/23
We are representing a bespoke, custom home builder that has in many ways been able to separate itself from the competition as being a 1-of-1 within its region. In applying and utilizing leading-edge processes and solutions, the company has created a reputation as highly proficient and specialized.
Asking Price
$185,000
Cash flow
$210,000
Revenue
$2,000,000
Down
Call/Email
Posting: 283377 | Available | 10/16/23
Iconic 62-year-old Specialty Machine Shop. 2nd generation owner. Company utilizes highly specialized machining and tooling to perform extreme accuracy of dimensions and flatness. AS-9100 and ISO9002 along with ITAR Registration. Long term client base.
Asking Price
$739,000
Cash flow
$396,000
Revenue
$590,000
Down
$800,000
Posting: 284195 | Available | 12/7/23
For sale is a turnkey and profitable forklift service and sales business. The seller is retiring after 26 successful years at the same location. It is a 1,600 sq ft. building on a 1-acre land. The buyer will get a new lease from the seller. There will be seller financing with $800,000 down.
Asking Price
$2,490,000
Cash flow
$221,684
Revenue
$1,113,349
Down
Call/Email
Posting: 277079 | Available | 2/12/23
This specialty commercial flooring contractor boasts a highly scalable concept crafted to be the foundation of a regional or national market leader, a proven method to install a flooring service and product superior to its competitors, and an internally developed bidding, budgeting, and scheduling.
Asking Price
$1,100,000
Cash flow
$379,489
Revenue
$2,897,957
Down
$79,000
Posting: 281198 | Available | 3/19/24
For sale is a building maintenance and construction company with real estate. They had $420,000 of SDE in 2022! It has been established for 40 years. Maintenance provides recurring revenue and generates additional, high-margin construction services. Real property is valued at $1MM.
Asking Price
$799,000
Cash flow
$314,442
Revenue
$1,251,118
Down
Call/Email
Posting: 279054 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,400,000
Cash flow
Call / Email
Revenue
$2,897,945
Down
Call / Email
Posting: 274996 | In Contract | 9/16/22
This Northern California turn-key Kitchen & Bath remodeling contractor has cemented itself as the go-to remodeling service provider in the Central Valley area. With over 30 years in the industry, this business has built an excellent reputation in the industry and community and provides a prospective
Asking Price
$1,225,000
Cash flow
$313,760
Revenue
$1,318,156
Down
Call/Email
Posting: 282847 | Available | 9/15/23
This roofing contracting business was established in April of 1996 and created a long track record of success and happy clients. As it continues to grow, it generated over $313K in SDE in 2022. The company is versed in a comprehensive spectrum of tasks.
Asking Price
$600,000
Cash flow
$300,000
Revenue
$1,438,000
Down
$30
Posting: 283279 | Available | 10/23/23
Great opportunity to acquire an established Machine Shop with 27 years of successful operation. Located in the San Francisco Bay Area market, this shop comes equipped with CNC millings, many other machines, and various tools, catering to a range of precision manufacturing needs.
Asking Price
$645,000
Cash flow
$234,448
Revenue
$819,818
Down
Call / Email
Posting: 279915 | Available | 3/29/23
This is a construction firm that has provided remodeling, carpentry structural repairs, roofing, mold remediation, and maintenance services to its loyal clients since 1991. The selling price has been drastically reduced to $165,000 for a quick sale.
Asking Price
$165,000
Cash flow
$131,838
Revenue
$570,975
Down
Call / Email
Posting: 279899 | Available | 3/27/23
This is a full-service electrical and HVAC contracting firm. It has installed and serviced electrical and HVAC equipment since 1982. This firm combines extensive licensed contracting knowledge with years of on-the-job experience to provide the best service and finest installations.
Asking Price
$450,000
Cash flow
$210,803
Revenue
$497,559
Down
Call/Email
Posting: 286094 | Available | 4/10/24
A reputable and longstanding glazing company in San Diego County, this business has been a trusted provider of high-quality custom shower enclosures, closet doors, mirrors, and more for over five decades.
Asking Price
$399,000
Cash flow
$3,500,000
Revenue
$120,000,000
Down
Call/Email
Posting: 280842 | Available | 11/1/23
This multi-family residential construction general contractor is an S-Corporation. The original company was founded in 1991 with a 100% sale to the new owners in late 2016/early 2017 as part of a divestiture/retirement of a founding member of the prior company. The company is in the Southeast U.S..
Asking Price
$15,000,000
Cash flow
$1,385,000
Revenue
$5,800,000
Down
Call/Email
Posting: 284700 | Available | 1/16/24
For close to 50 years, commercial general contractors and developers have relied upon this company to design and build the best in high-end pools. Superb name-recognition and reputation has kept their customers coming back as their first-choice contractor.
Asking Price
$5,000,000
Cash flow
$2,626,310
Revenue
$3,200,000
Down
Call/Email
Posting: 269046 | Available | 8/25/23
Our client's offering, is a cash positive, profitable, pass through business of twelve year's standing. It represents a golden opportunity to expand an already profitable well-respected company in an exploding market. They did as much business by the end of July 2023 as in all of 2022.
Asking Price
$2,200,000
Cash flow
$170,000
Revenue
$644,000
Down
$300,000
Posting: 267070 | Available | 3/17/22
Begun as a tiny tool store in 1986, skyway tool center is now a 5000 sq. ft. retail tool store located in beautiful Chico, California. A family owned and operated tool business, skyway tool center opened skywaytools. com in 1995. In 2005 the tool store owners built a new tool store after renting.
Asking Price
$549,000
Cash flow
$1,917,263
Revenue
$13,096,210
Down
Call/Email
Posting: 285950 | Available | 4/2/24
This established commercial flooring business has built a strong reputation, delivering decades worth of high-quality services to the Southern California region. Specializing in largescale tenant improvement projects across various industries, This business has consistently has impressive sales.
Asking Price
$4,750,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
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
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.
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.
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.
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.
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.
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.
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!
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.
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 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.
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 - 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.
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.
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.
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.
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.
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.
