Cash flow
Call/Email
Revenue
$474,000
Down
Call/Email
Posting: 283899 | Available | 3/13/24
For sale is a hole-in-the-wall boba shop in south San Jose. This place is located in a tiny strip mall. The tea bar caters to teens as it's right next to a high school. There are entrances both in front and back. If you park in the back, there is more parking.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284974 | Available | 3/13/24
New improved price! This is a strategically well-located healthy drink shop with boba between two major roads with double signage as well as a cozy patio. This business has great potential for full-time owners/couples to add breakfast items, sandwiches, and salads. It has great 2-way signage.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284771 | Available | 3/13/24
This is a cute restaurant/cafe for sale in San Francisco outer sunset. It is located in Parkside on a commercial corridor of Taraval near Lincoln High School, boba tea shops, cafes and other restaurants. It is approximately 700 sq ft. with 30 seating. The ambiance is quiet with WiFi and nice music
Asking Price
$128,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 284686 | Available | 3/13/24
This is an absentee-run Japanese alley-style food restaurant for sale near UC Berkeley. It is located half a block on the main street next to campus. This is a small sushi bar/ramen spot and they also have boba drinks. The parking is paid street parking with a garage nearby.
Asking Price
$280,000
Cash flow
$181,000
Revenue
$1,289,000
Down
Call/Email
Posting: 274038 | Available | 3/12/24
We are pleased to offer this long-established and profitable branded cafe in an excellent area! The brand is well known and has an exceptional reputation for its quality menu and great customer service. This cafe offers a simple menu & breakfast & lunch hours. It is SBA financing approved.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
$350,000
Down
Call/Email
Posting: 284218 | Available | 3/12/24
This is a well-established and famous cafe in the medical buildings in the affluent Newport Beach. It is open 5 days a week, Monday-Friday 7:30 am to 3:00 pm, and closed on all Holidays. Its current monthly sales are about $27-30,000. Its size is about 1,200 sq ft with a storage room.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285601 | Available | 3/11/24
Located in a quaint tourist town in Central California that attracts over 1.5 million tourists per year, this beautiful cafe is renowned for its inviting ambiance, friendly service, and diverse menu offerings. A private courtyard and shaded tables offer attractive outdoor seating options.
Asking Price
$875,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282529 | Available | 3/11/24
This well-equipped 1,400 sq. ft coffee shop has a cozy interior and an inviting atmosphere. It offers indoor and outdoor seating areas and has a capacity of over 30. The coffee shop creates a welcoming environment for customers to relax, socialize, or work, while enjoying their favorite coffee.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
$600,000
Down
$295,000
Posting: 273003 | Available | 3/8/24
For sale is a cafe/restaurant with a beer & wine license in the foothills of San Gabriel Valley. They are serving fusion food with a unique breakfast & lunch menu. New owners can increase revenues by serving dinner. Business is open 6 days a week from 8 am-2 pm, and Mondays are closed.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$439,000
Posting: 285543 | Available | 3/6/24
For sale is a breakfast and lunch American-style restaurant with short hours and good cash. It has been in the same location for 30 years. It is located in Rancho Bernardo, San Diego County, California. It is for sale by the owner.
Asking Price
$439,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282061 | Available | 3/5/24
This is a cozy, rustic coffee shop with a great atmosphere it is a modern, sleek coffee shop with high-tech equipment. This is a coffee shop with a wide variety of unique and delicious drinks. It's in a prime location in the city with public transportation right outside the establishment.
Asking Price
$90,000
Cash flow
$72,000
Revenue
$372,000
Down
Call/Email
Posting: 285481 | Available | 3/3/24
For sale is a part-time business (since 2019) that serves American food, sandwiches, wraps, and salads. It is located in a business building/park area. There is no hood or gas. The owner works 10 hours a week. They do online orders and pickup only (Sat and Sun).
Asking Price
$199,000
Cash flow
$26,400
Revenue
$336,000
Down
Call/Email
Posting: 284115 | Available | 3/3/24
For sale is a cafe & grill diner restaurant in upscale area. There are lots of office and business buildings nearby with foot traffic. It would be easy to convert it to another concept. There is great growth potential if can do more delivery and catering. The owner has been here since 2015.
Asking Price
$129,000
Cash flow
$50,000
Revenue
$50,000
Down
$35,000
Posting: 285458 | Available | 3/1/24
For sale is a coffee and sandwich inside a city and private building. It is open 5 days a week so it is easy to operate. For 9 years it has been operated by the present owner. No rent.
Asking Price
$35,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284231 | Available | 3/1/24
This 450 sf coffee shop is ideally located on one of the busiest intersections in Berkeley. The area is vibrant, clean, and safe. The surrounding blocks have the ideal kind of clients and neighboring retail, including a hospital with lots of staff and people craving great coffee and a fresh snack.
Asking Price
$135,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276670 | Available | 2/28/24
For sale is a popular and well established cafe serving breakfast and lunch just off of Union Square. They have a Type 41 beer and wine license. Kitchen has a type 1 hood and walk-in cooler. The area gets tons of foot traffic. It is 1,700 square feet with a great lease.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$318,884
Down
Call/Email
Posting: 284467 | Available | 2/26/24
An exceptional artisan cafe, strategically situated on a bustling thoroughfare in San Luis Obispo County, stands as a beacon for coffee enthusiasts and culinary connoisseurs alike. This distinctive establishment has carved its niche with a dedicated focus on ethically sourced coffee.
Asking Price
$99,000
Cash flow
$365,000
Revenue
$2,039,000
Down
Call/Email
Posting: 285377 | Available | 2/26/24
Are you ready to step into the lucrative world of restaurant ownership? We're thrilled to present not one, but two highly successful breakfast and lunch restaurants, nestled in prime locations, for your consideration.
Asking Price
$995,000
Cash flow
Call/Email
Revenue
$630,000
Down
$190,000
Posting: 285360 | Available | 2/26/24
An exquisite franchise donut and coffee shop now available for sale in a great location in Tarrant County. This is a perfect opportunity for an operator to build upon its past success and to be part of a great brand, without having to go through the typical startup challenges.
Asking Price
$190,000
Cash flow
Call/Email
Revenue
$1,600,000
Down
Call/Email
Posting: 281983 | Available | 2/20/24
For sale is a thriving hookah lounge and cafe, a rare opportunity in Orange County, CA. Conditional Use permits for Hookah, Beer and Wine. Approx 1.6M gross for 2023. Perfect blend of culture, relaxation, and exquisite flavors. Opportunity to expand menu. Excellent net income
Asking Price
$800,000
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 269822 | Available | 2/19/24
This restaurant was established a long time and the seller has been operating it for the last 20 years. The seller claims the annual net income is $180,000. The payroll is $8,000 per month. PG&E and other expenses are $2,000 per month. The lease is 5 years with a 5 years option.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$687,094
Down
Call/Email
Posting: 285193 | Available | 2/15/24
An inviting breakfast and lunch cafe nestled in the heart of San Francisco's South Financial District. The cafe has a sleek and contemporary design aesthetic, characterized by modern industrial elements, creating a welcoming atmosphere for diners to enjoy their meals.
Asking Price
$135,000
Cash flow
$224,254
Revenue
$618,984
Down
Call/Email
Posting: 279770 | Available | 2/13/24
This very well-established cafe has been delighting customers with its home-style breakfast and lunch creations. The ambiance is light and clean with friendly service. It is located in a nice strip plaza surrounded by business districts and residential communities. They have short business hours.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
$1,242,393
Down
Call/Email
Posting: 285127 | Available | 2/13/24
This niche cafe has placed itself in its own league. Their unique entertainment, group event, and retail niche generate a large portion of their total sales. The Berkeley students, families, and fun-seekers alike love this cafe. Their sales doubled within the past 2 years.
Asking Price
$350,000
Cash flow
$150,000
Revenue
$460,000
Down
All Cash
Posting: 284643 | Available | 2/11/24
For sale is a very spacious, fully equipped kitchen with a hood & gas-operated fryer and grill. It is open only 5 days a week with very short business hours, from 7:30 am to 2:30 pm. It is in a prime location situated in a 21-story office building in Prime West LA, Century City, with very low rent. ...
Asking Price
$295,000
Cash flow
$306,000
Revenue
$2,400,000
Down
Call/Email
Posting: 261752 | Available | 2/10/24
If you like a small town atmosphere and outdoor charming patio with delicious food. This place really makes you feel at home and the entire ambiance is a really refreshing in a neighborhood style restaurant. Do not miss out of this rare opportunity to own a delectable slice of Agoura Hills.
Asking Price
$695,000
Cash flow
$100,482
Revenue
$756,317
Down
$197,000
Posting: 282067 | Available | 1/31/24
For sale is a thriving brunch restaurant with a new asking price. Established in the same strategic location in the 1970s with current owners since 2021. It is loved by locals, solid reputation. It was recently remodeled, clean, well maintained. Family-friendly vibes + fully staffed in FOH and BOH.
Asking Price
$197,000
Cash flow
$24,000
Revenue
$120,000
Down
Call/Email
Posting: 283934 | Available | 1/30/24
Price reduced! This attractive cafe-deli in North County Coastal Area is now available for an asset sale at $50,000 plus inventory. The 1,840 sq ft. space, complete with a patio, offers a great opportunity in a thriving business park. The monthly rent is $3,100.
Asking Price
$50,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281491 | Available | 10/4/23
This is a beautiful Italian-style cafe and gelateria that features craft beers and wines on tap. The daily fare includes panini, soups, delectable salads, espresso, and an array of gelato. Guests dine in the open and casually elegant dining room, airy patio, or private nooks.
Asking Price
$199,000
Cash flow
$30,000
Revenue
$179,000
Down
$82,500
Posting: 283935 | Available | 11/20/23
Health Foods has been located on the Mid-San Francisco Peninsula in business since 2005! This is a raw, primarily vegan grab-and-go establishment. It serves a variety of healthy foods and has a varied menu of nutritious delights. The recipes will be licensed to the Buyer by the Seller.
Asking Price
$85,500
Cash flow
$100,482
Revenue
$756,317
Down
$197,000
Posting: 282067 | Available | 1/31/24
For sale is a thriving brunch restaurant with a new asking price. Established in the same strategic location in the 1970s with current owners since 2021. It is loved by locals, solid reputation. It was recently remodeled, clean, well maintained. Family-friendly vibes + fully staffed in FOH and BOH.
Asking Price
$197,000
Cash flow
Call/Email
Revenue
$630,000
Down
$190,000
Posting: 285360 | Available | 2/26/24
An exquisite franchise donut and coffee shop now available for sale in a great location in Tarrant County. This is a perfect opportunity for an operator to build upon its past success and to be part of a great brand, without having to go through the typical startup challenges.
Asking Price
$190,000
Cash flow
Call/Email
Revenue
$600,000
Down
$295,000
Posting: 273003 | Available | 3/8/24
For sale is a cafe/restaurant with a beer & wine license in the foothills of San Gabriel Valley. They are serving fusion food with a unique breakfast & lunch menu. New owners can increase revenues by serving dinner. Business is open 6 days a week from 8 am-2 pm, and Mondays are closed.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
$367,000
Down
Call/Email
Posting: 278989 | Available | 1/4/24
This is a coffee shop with property in a growing and desirable area. There is potential to add a drive-through and at least triple the sales. There is no immediate competition around the business. It is a charming and cozy cafe with indoor and outdoor seating. The business opened in 2009.
Asking Price
$699,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278932 | Available | 8/18/23
For sale is a well-established cafeteria in a high-rise office complex located in Orange County, California. The hours are Monday through Friday 7:30am to 3:00pm for breakfast and lunch only.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281251 | Available | 3/25/24
For sale is a 17-year established restaurant/cafe in SOMA in SF near AT&T park, Cal Train station, and Safeway. seller is averaging $800- $1000 a day in sales from Monday -Friday 5:30 am to 3 pm, closed on weekends. The lease amount is subject to change.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$474,000
Down
Call/Email
Posting: 283899 | Available | 3/13/24
For sale is a hole-in-the-wall boba shop in south San Jose. This place is located in a tiny strip mall. The tea bar caters to teens as it's right next to a high school. There are entrances both in front and back. If you park in the back, there is more parking.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276784 | Available | 7/10/23
For sale is a deli and cafe in San Diego County. It is a small but cozy cafe to come by for a deli and drink. It is easy to operate, and great location for breakfast and lunch for nearby businesses. It is 320 square feet for $1,450/month (including water and CAM).
Asking Price
$165,000
Cash flow
$152,000
Revenue
$816,000
Down
$250,000
Posting: 283029 | Available | 3/29/24
This flower shop and cafe venture has firmly established itself as the neighborhood's premier destination for exquisite floral arrangements, as well as a diverse selection of coffee, tea, sandwiches, and more. Operating seamlessly from Mon-Wed (10am - 5pm), Thur-Sat (9am - 5pm).
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284116 | Available | 12/1/23
This is a breakfast & lunch cafe for sale. They sell American and Korean sandwiches and breakfast food. They are open 5 days a week (closed on weekends) from 6am-3:30pm. They have excellent Yelp reviews. The owner has owned it for 10 years but wants to retire.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 269822 | Available | 2/19/24
This restaurant was established a long time and the seller has been operating it for the last 20 years. The seller claims the annual net income is $180,000. The payroll is $8,000 per month. PG&E and other expenses are $2,000 per month. The lease is 5 years with a 5 years option.
Asking Price
$299,000
Cash flow
$502,000
Revenue
$610,000
Down
$259,000
Posting: 285748 | Available | 3/20/24
If you are looking for your first coffee shop, look no further. Modern and beautiful. Opened in 2019, it is located in one of the fast-growing area of downtown San Diego. Three hotels are within short walking distance. There is inside seating with wi-fi and out table and stools.
Asking Price
$259,000
Cash flow
$221,832
Revenue
$1,377,481
Down
Call/Email
Posting: 286143 | Available | 4/16/24
In business since 1970 and operated by the present owners for the past 28 years, this iconic breakfast, lunch, and dinner restaurant seating 60 with its separate ABC Type 47 full liquor bar seating a further 50 is for sale.
Asking Price
$645,000
Cash flow
$150,000
Revenue
$400,000
Down
Call/Email
Posting: 280460 | Available | 4/28/23
Well-established beautiful Cafe located on very busy Melrose Avenue. The current owner is an original who built this Cafe and has to sell it quickly due to your surgery soon.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282147 | Available | 3/18/24
For sale is a well-established and famous cafe in Seal Beach Community. It is 3,000 sq ft. plus a spacious patio. There is a full kitchen, walk-in cooler, grease interceptor, and bar. The current rent is about $11,000 including NNN. It has an ABC-47 hard liquor license.
Asking Price
$149,000
Cash flow
On Request
Revenue
$600,000
Down
$1,150,000
Posting: 283793 | Available | 4/11/24
This California based two location Cafe 1/2 business is in prominent areas of Southern California and was started 11 years ago with one location. The other location is practically brand new, starting just over one year ago. Specializing in European fare crepes, sandwiches, salads, and pastries.
Asking Price
$1,150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284850 | Available | 1/24/24
This is a popular boba cafe franchise for sale - serving uniquely flavored boba tea and Japanese-inspired mochi donuts. This location was founded in 2022 and has quickly become a local favorite, known for its fresh, premium ingredients and innovative flavors.
Asking Price
$225,000
Cash flow
$132,900
Revenue
$730,000
Down
$325,000
Posting: 282971 | Available | 4/16/24
For sale is a bustling cafe situated on one of Los Angeles' most high-traffic thoroughfares, offering an exceptional opportunity to acquire a well-established breakfast and lunch venue that has thrived for over 17 years.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284231 | Available | 3/1/24
This 450 sf coffee shop is ideally located on one of the busiest intersections in Berkeley. The area is vibrant, clean, and safe. The surrounding blocks have the ideal kind of clients and neighboring retail, including a hospital with lots of staff and people craving great coffee and a fresh snack.
Asking Price
$135,000
Cash flow
$36,000
Revenue
$168,000
Down
$95,000
Posting: 281366 | Available | 1/28/24
This is by far the nicest cafe you will ever see in a multiple-building office complex on the San Francisco Peninsula. It has plenty of room with 2,566 sq. ft. with seating for 90+ customers or catering parties. It has a full kitchen with a 15-foot hood. There is a large patio outside.
Asking Price
$95,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274792 | Available | 4/9/24
For sale is a restaurant cafe in Santa Barbara, CA. It is at a high-traffic downtown Santa Barbara location! It is 883 sq. ft(sidewalk tables possible) and rent is $5,000 per month. The lease ends on 2/28/2025 and it was established in 1994.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283852 | Available | 4/10/24
For sale is a cozy coffee shop with inviting and comfortable atmosphere that encourages patrons to linger, relax, and enjoy their coffee, excellent pastries, sandwiches, salads & more. It is a beautiful, established neighborhood cafe with lots of future potential.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285789 | Available | 3/22/24
Motivated seller! Discover an incredible investment opportunity in the heart of the San Fernando Valley! Presenting a thriving and well-established cafe for sale. This turnkey business has become a beloved local hotspot, known for its welcoming atmosphere, exceptional menu, and loyal customer base.
Asking Price
$299,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282284 | Available | 3/27/24
This coffee shop is a well-established, long-running business with big potential to expand and grow. This is your chance to become your own boss and work your own hours in the heart of Los Angeles. The interior is unique and modern with an outside patio. Profitable business!
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285601 | Available | 3/11/24
Located in a quaint tourist town in Central California that attracts over 1.5 million tourists per year, this beautiful cafe is renowned for its inviting ambiance, friendly service, and diverse menu offerings. A private courtyard and shaded tables offer attractive outdoor seating options.
Asking Price
$875,000
Cash flow
$275,000
Revenue
$1,165,000
Down
$195,000
Posting: 260768 | Available | 9/15/20
Breakfast & lunch city of Berkeley heavy foot traffic. Seating 30 people inside 10 people outside, rent $ 8450, per month including NNN. Lease 5+5 option. 1650 square feet full size of kitchen, seller claim annually sale $1,165. Open 7;30 till 6 pm 7 days a week. Seller claim take home $ 275,000.
Asking Price
$195,000
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
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
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
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
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
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
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.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
