Cash flow
$140,000
Revenue
$308,000
Down
Call/Email
Posting: 265986 | Available | 4/16/24
This self-service car wash nets $140k and grosses $308k. It is a perfect business for an exchange! 24 Hour on site care taker increased net income. There is a new long lease, for rent of $5,900 per month + $833 NNN. The seller will carry outside collateral train the buyer and do consultations.
Asking Price
$799,000
Cash flow
Call,Email
Revenue
Call/Email
Down
$20
Posting: 285328 | Available | 4/15/24
For sale is a 76 Brand gas station, a franchise C-store, two franchised QSRs, and a car wash with property for sale off of a freeway location. It has 6 MPDs, Bio Diesel, E-85 fuel, a propane tank, and 8 Tesla charging stations.
Asking Price
$8,500,000
Cash flow
Call/Email
Revenue
$1,136,000
Down
$25
Posting: 286132 | Available | 4/15/24
The location in the Sacramento area is prime and major, boasting a high volume store with 6MPD's and double-wall fiberglass. The gas has a high margin, priced at $1.00 plus, resulting in an annual gross profit of $1,135,403. In 2022, the annual gross profit was $1,214,262.
Asking Price
$5,150,000
Cash flow
$44,508
Revenue
$105,996
Down
Call/Email
Posting: 286067 | Available | 4/9/24
This car wash has recently undergone renovations and now features new infrastructure, vacuums, and a token and credit card payment system. It has excellent visibility from a highly trafficked street and a loyal customer base. With ample wash and dry areas, this car wash is one of the finest in town.
Asking Price
$199,000
Cash flow
$120,000
Revenue
$240,000
Down
$400,000
Posting: 286052 | Available | 4/8/24
Surrounded by a plethora of retail outlets, fast-food joints, and gas stations, this investment includes both the business and real estate, presenting an unparalleled chance for growth and profitability. The is the only coin-op car wash in Town on a prime 1.04 acre corner lot.
Asking Price
$1,449,000
Cash flow
$1,550,000
Revenue
$9,000,000
Down
Call/Email
Posting: 285497 | Available | 4/7/24
For sale is a high-grossing gas station and convenience store. The annual gross profit was over $2.1 million in the last two years. They are averaging 100,000 gallons of fuel per month and $150K per month in-store merchandise sales. A fully automated car wash was installed in 2023.
Asking Price
$11,400,000
Cash flow
Call/Email
Revenue
$576,000
Down
Call/Email
Posting: 285998 | Available | 4/5/24
For sale is a car wash, it is located in a crowded area. So it has huge potential. They are first machine washed then washed by hand. Currently, there are no advertisements. If the new owner advertises, the sales amount will go up.
Asking Price
$220,000
Cash flow
$70,000
Revenue
$120,000
Down
$500,000
Posting: 284151 | Available | 4/4/24
Real absentee-run. This is a 3-bay (coin) and 1-bay (automatic) carwash for sale with land (Land value is $588k). Gross $125K, nets $70,000 a year and takes no credit cards. Land value is $578K. They have 24 hours a dedicated tech who lives in the town. Seller comes 1 time a week to pick-up cash.
Asking Price
$699,000
Cash flow
Call/Email
Revenue
$534,000
Down
Call/Email
Posting: 283489 | Available | 4/3/24
The current owner is operating a full car wash business located by the roadside, making it highly visible and benefiting from affordable rent costs. For someone considering an express car wash, this business could be an ideal choice. You can start a new express car wash.
Asking Price
$550,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285376 | Available | 4/2/24
This well-established, full serve car wash opened new in 1990 features a car wash situated on a large 78,000 sq ft. lot with two other tenants. The car wash has a large entrance to stack up to 16 vehicles for vaccum, with a 120-foot-long automated tunnel, detached building for detail services.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285902 | Available | 3/29/24
Progressive Real Estate Partners is pleased to offer for sale a Mobil Gas Station, C-Store & Car Wash with Land in the City of Colton. The gas station has a 924 SF C-Store for guests and is situated on approximately 0.76 AC of land.
Asking Price
$5,700,000
Bldg Size
4,534 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283849 | Available | 3/28/24
Presenting a compelling investment prospect in Stockton, California - an established 76 gas station in a high-traffic location, boasting a yearly gross profit of $1.7M. Fuel sales are $130k/m, convenience store sales are $110k/m, car wash is $12k/m, and rental property income is $110k/m.
Asking Price
$10,000,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283853 | Available | 3/28/24
For sale is a Chevron gas station with a convenience store and car wash located in a high-traffic location in Modesto, California. Fuel sales are $90k/m, convenience store sales are $165k/m, car wash sales are $6,500/m, and rental property income is $115k/year.
Asking Price
$9,500,000
Cash flow
$250,000
Revenue
$4,500,000
Down
$500,000
Posting: 285819 | Available | 3/25/24
Mobil branded station with C-Store and car wash. Circle K has master lease till 2048 and give three-year leases to dealer. Store has beer & wine license. It is about 30,000 SF land with C-store and car wash (dual system, works with or without brush). 8 MPD's & 4 UST's (3 10k & 1 12k
Asking Price
$1,000,000
Cash flow
Call/Email
Revenue
$2,400,000
Down
$2,500,000
Posting: 284499 | Available | 3/19/24
For sale is an established flex car wash, very well known to the neighborhood on a 1.2 acre lot. It is located on a very busy street with excellent visibility. It is absentee run. Business only.
Asking Price
$4,000,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$2,000,000
Posting: 285659 | Available | 3/14/24
This gas station was recently converted from Chevron to Arco, so it presents a lucrative investment opportunity. The car wash was remodeled just 6 months ago, ensuring modern facilities for customers. Boasting an impressive average of $850 per day in sales, with high growth potential.
Asking Price
$7,999,000
Cash flow
$100,000
Revenue
$148,000
Down
Call/Email
Posting: 283234 | Available | 3/11/24
This is an automated car wash offered with real estate. This is a rare opportunity to own an absentee owner-operated business with real property. It is located in the heart of the most productive, agricultural regions in the world. It is located on a signalized corner of a busy street.
Asking Price
$1,599,000
Cash flow
$228,000
Revenue
$938,300
Down
$1,000,000
Posting: 284510 | Available | 3/9/24
For sale is a well-established carwash business with big potential. It is a 100% owner-absentee business in the Long Beach area. The previous seller run the business very actively and used to make $93k per month 4 years ago. The current seller has no time to run this business. 1 mil cash down only
Asking Price
$1,200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285579 | Available | 3/8/24
Progressive Real Estate Partners is proud to present for sale Harv's Car Wash, Oil Change, & Lube Center in the City of Palm Desert, a 17,100 SF building on a .95-acre corner lot. The business features a full-service car wash tunnel, a 2-bay oil change station, and a 3-bay auto repair/smog station.
Asking Price
$3,700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282878 | Available | 2/29/24
For sale is a full-service car wash with big corner lot. It is located across from Walmart regional shopping center in fast growing area with a lot of new commercial and residential developments. Buyer can buy business only or buy with property. Principals only.
Asking Price
$3,500,000
Cash flow
$225,000
Revenue
$450,000
Down
$250,000
Posting: 280024 | Available | 2/24/24
For sale is a full-service car wash on a busy street. It is 1.15 acres and there are over 25 spots for parking. The building was remodeled in 2020 with a nice office and guest area (where they can play California Lottery). It is located on a major street which is surrounded by businesses.
Asking Price
$799,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285134 | Available | 2/22/24
For sale is a Chevron gas station with a convenience store located in a high-traffic location in Modesto, California. Fuel sales - 110,000/GPM with high margins. Convenience store sales- $120,000/month
Asking Price
$7,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 2/21/24
This state-of-the-art express car wash and car care center was recently converted to an express car wash and opened up about Early 2022. The sellers spent over $1.1 million on the conversion, adding state-of-the-art equipment including 18 vacuums.
Asking Price
$3,677,000
Cash flow
Call/Email
Revenue
$1,080,000
Down
$150,000
Posting: 285259 | In Escrow | 2/20/24
This is a gas station business and property for sale. It is a 22k sq ft. property located at one of the busiest intersections. The station pumps 100kg a month at 80 cents. The store sales are $20k a month. Their 60-foot car wash tunnel is ready to install equipment.
Asking Price
$5,999,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285216 | Available | 2/16/24
For sale is a car wash with property in LA county. The lot is 13,500 sq ft. There is good potential to convert it to an express car wash. It is in a high traffic area. The asking price is $2.2 million.
Asking Price
$2,200,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
$1,050,000
Posting: 282764 | Available | 2/8/24
This is a full-service hand car washing and detailing business at a major street location with big property and a long-term lease. There is lots of potential for an experienced operator. The owners want to retire. The location will not be provided over the phone or email.
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284959 | Available | 2/1/24
Progressive Real Estate Partners is proud to present for sale the Ramon Canyon Car Wash, a Flex model car wash business that offers both Full Service and Express options. The 4,500 SF building sits on 0.93 AC of land and the car wash features a 120' tunnel with upgraded equipment.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 238599 | Available | 1/30/24
This full-service hand car wash has been reduced by 50% for a quick sale! The business is strategically located in a very densely populated residential and business community. There is potential for remodeling and to add business improvements to increase revenues.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283972 | Available | 4/24/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 280489 | Available | 5/1/23
For sale is a business & real estate, a major brand gas station, and a franchised C-Store. The gas does 75K gal/month, the market does $110K/month, and the car wash does $2.5K/month. The lease term is 15 to 20 years. The hours of operation are from 6:00 am to 10:00 pm. The lot size is .52 acres.
Asking Price
$5,300,000
Cash flow
Call/Email
Revenue
$1,080,000
Down
$150,000
Posting: 285259 | In Escrow | 2/20/24
This is a gas station business and property for sale. It is a 22k sq ft. property located at one of the busiest intersections. The station pumps 100kg a month at 80 cents. The store sales are $20k a month. Their 60-foot car wash tunnel is ready to install equipment.
Asking Price
$5,999,000
Bldg Size
4,534 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283849 | Available | 3/28/24
Presenting a compelling investment prospect in Stockton, California - an established 76 gas station in a high-traffic location, boasting a yearly gross profit of $1.7M. Fuel sales are $130k/m, convenience store sales are $110k/m, car wash is $12k/m, and rental property income is $110k/m.
Asking Price
$10,000,000
Cash flow
$360,000
Revenue
$540,000
Down
Call / Email
Posting: 272027 | Available | 1/26/22
Yearly Gross $540,000; Yearly Net Income $360,000; SBA Loan Possible; Property included; Selling price $4.3M plus inventory (approximate $10,000); 100% operated by employees.
Asking Price
$4,300,000
Cash flow
Call/Email
Revenue
$576,000
Down
Call/Email
Posting: 285998 | Available | 4/5/24
For sale is a car wash, it is located in a crowded area. So it has huge potential. They are first machine washed then washed by hand. Currently, there are no advertisements. If the new owner advertises, the sales amount will go up.
Asking Price
$220,000
Cash flow
$140,000
Revenue
$308,000
Down
Call/Email
Posting: 265986 | Available | 4/16/24
This self-service car wash nets $140k and grosses $308k. It is a perfect business for an exchange! 24 Hour on site care taker increased net income. There is a new long lease, for rent of $5,900 per month + $833 NNN. The seller will carry outside collateral train the buyer and do consultations.
Asking Price
$799,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 238599 | Available | 1/30/24
This full-service hand car wash has been reduced by 50% for a quick sale! The business is strategically located in a very densely populated residential and business community. There is potential for remodeling and to add business improvements to increase revenues.
Asking Price
$450,000
Cash flow
$300,000
Revenue
$1,600,000
Down
$800,000
Posting: 276853 | Available | 10/14/22
For sale is a high-volume, flex car wash with plenty of room to grow. The buyer will get a new 30-year lease from the seller who is retiring after 17 years. The buyer will get 30-day due diligence without any obligations. The net is $300,000, the gross is $1,600,000, and the average is $35 per car.
Asking Price
$2,450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 248876 | Available | 4/22/24
This is a beautiful newly remolded ARCO gas station and car wash. The sale includes the business only but the property is also available for purchase (please inquire if interested). Sits on a large .82 acre lot (40,000 sq. ft) located conveniently off of the 8 freeway. It is absentee-run.
Asking Price
$3,495,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285134 | Available | 2/22/24
For sale is a Chevron gas station with a convenience store located in a high-traffic location in Modesto, California. Fuel sales - 110,000/GPM with high margins. Convenience store sales- $120,000/month
Asking Price
$7,500,000
Cash flow
N/A
Revenue
N/A
Down
Call/EmailFully fixt
Posting: 283078 | Available | 9/27/23
An exceptional car wash business opportunity awaits you! Located in close proximity to the bustling I-80 freeway, this property offers prime visibility and accessibility to a large customer base. Spanning across a generous 1.40 acres, this car wash business is equipped to handle high volume.
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 244345 | Available | 12/26/23
For sale is a full-service car wash on the west side in a prime area. It has a very high traffic count. It is on a 32K sq ft. lot and does smog, oil & lube. It is a busy signalized corner location with an extra long tunnel. Major real estate play is for possible redevelopment.
Asking Price
$2,595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278027 | Available | 12/7/23
This is a well-established, profitable Chevron with a 7/11 for sale with real estate in Stanislaus County. The property has a car wash and fast food tenant. This is a prime property with a food tenant and a car wash included in the property.
Asking Price
$8,500,000
Cash flow
$70,000
Revenue
$120,000
Down
$500,000
Posting: 284151 | Available | 4/4/24
Real absentee-run. This is a 3-bay (coin) and 1-bay (automatic) carwash for sale with land (Land value is $588k). Gross $125K, nets $70,000 a year and takes no credit cards. Land value is $578K. They have 24 hours a dedicated tech who lives in the town. Seller comes 1 time a week to pick-up cash.
Asking Price
$699,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283795 | Available | 11/12/23
Gas Station for sale. prime location!! in San Joaquin County off of Highway 99. This Site also includes a carwash and a QSR. It is SBA approved. Call for more info.
Asking Price
$9,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50
Posting: 280492 | Available | 5/1/23
Business Only, Major Brand Gas Station with Car Wash. Gas 96K Gal/Mth @ .67, Snacks $22K/Mth, Car Wash $12K/Mth. Station Rent is $13,500/Month.
Asking Price
$2,200,000
Cash flow
$200,000
Revenue
$420,000
Down
$800,000
Posting: 286192 | Available | 4/19/24
This car wash was newly remodeled in 2022 with state-of-the-art equipment. It is strategically located next to IN-N-OUT Burger on a major off-ramp Fwy-14. There is additional rental income from window tint and U-Haul services.
Asking Price
$2,399,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283820 | Available | 11/12/23
For sale is one of the lowest priced car washes that includes real estate. It is well-run and is profitable year-over-year. You can operate it as is or potentially convert to Flex or Express. The two bay vehicle service centers can be rented for additional income or used for additional space.
Asking Price
$3,245,000
Cash flow
Call/Email
Revenue
$534,000
Down
Call/Email
Posting: 283489 | Available | 4/3/24
The current owner is operating a full car wash business located by the roadside, making it highly visible and benefiting from affordable rent costs. For someone considering an express car wash, this business could be an ideal choice. You can start a new express car wash.
Asking Price
$550,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283762 | Available | 4/28/24
This is a used auto dealership business for sale in Richmond, California. It has been established for 7 years in the city of Richmond. They have a wide collection of automobiles to satisfy your driving passion either for grocery, family, daily commute, or even track day purposes.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
$1,050,000
Posting: 282764 | Available | 2/8/24
This is a full-service hand car washing and detailing business at a major street location with big property and a long-term lease. There is lots of potential for an experienced operator. The owners want to retire. The location will not be provided over the phone or email.
Asking Price
$2,100,000
Cash flow
$250,000
Revenue
$4,500,000
Down
$500,000
Posting: 285819 | Available | 3/25/24
Mobil branded station with C-Store and car wash. Circle K has master lease till 2048 and give three-year leases to dealer. Store has beer & wine license. It is about 30,000 SF land with C-store and car wash (dual system, works with or without brush). 8 MPD's & 4 UST's (3 10k & 1 12k
Asking Price
$1,000,000
Cash flow
$1,200,000
Revenue
$1,800,000
Down
$30
Posting: 278886 | Available | 2/6/23
This express car wash sale with the property. This car wash still growing in sales volumes and the store is upgrading now. The sales volume is about 1.8 million in 2022. The seller wants the selling price $15 Million but it is negotiable. Please email or call me a qualified customer only.
Asking Price
$15,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 243523 | Available | 12/4/23
For sale is a full-service flex car wash with smog & lube for sale. It's located in an upscale neighborhood on a very busy street very close to the freeway. It is approximately a 1 acre lot with 110 ft tunnel and wash equipment. It includes rental income from auto tint shop.
Asking Price
$2,595,000
Cash flow
$341,997
Revenue
$800,606
Down
$5,500,000
Posting: 283990 | Available | 4/24/24
For sale is a comprehensive, built-out and turn-key truck services center. There is approximately 4.5 acres of real estate included. It is in a major north-south travel corridor. Their FDOT average daily traffic count is 18,400.
Asking Price
$6,250,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$2,000,000
Posting: 285659 | Available | 3/14/24
This gas station was recently converted from Chevron to Arco, so it presents a lucrative investment opportunity. The car wash was remodeled just 6 months ago, ensuring modern facilities for customers. Boasting an impressive average of $850 per day in sales, with high growth potential.
Asking Price
$7,999,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283821 | Available | 11/12/23
For sale is a massive, premier, flex car wash serving Orange County and West Riverside. It includes oil, lube, and smog checks. It is absentee-run. Real estate is included as well.
Asking Price
$10,995,000
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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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?
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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.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
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.
