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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
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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
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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
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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
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Posting: 278422 | Available | 1/30/24
This Chevron Extra Mile station is located on a heavy-traveled Hwy 20 connecting Hwy 5 to Hwy 101. The station is very busy with local and traveling customers. Tanks are double wall, and all pumps, etc. are up to current regulations. The station has a nice car wash that has high volume.
Asking Price
$5,700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 284552 | Available | 1/8/24
This is an Arco AMPM gas station business opportunity for sale in Solano County area. It has a big convenience Store, 6 MPDs, and a 1.3-acre lot. It's a business opportunity only for sale and no property is included. The express automatic car wash is also available but not operating at the moment.
Asking Price
$2,350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$300,000
Posting: 267136 | Available | 1/4/24
For sale is a semi-absentee-run (2 days a week) car wash with clean books and records. It is open every day from 8 am-4 pm and the average is $40+ per car. The lease is for 39 years. The lot is 26,000 sq ft. It has excellent lease terms. Seller financing of $499,000 with $320k down
Asking Price
$820,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 284430 | Available | 12/26/23
This is a remodeled hand wash with an extra long 180 ft tunnel, ideal for remodel and conversion to a state of the art flex or express wash. Real estate is included. The traffic count 35,000-40,000 ADT, so this is a fantastic location.
Asking Price
$13,995,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 275650 | Available | 12/26/23
For sale is an established express wash, very well known to the neighborhood on a 40,000+ sqft lot. It has a long 130 ft. tunnel with 16 extra wide vacuum bays. There are two pay stations. It has very high sales. Owner has another express wash for sale in Riverside that can be purchased together.
Asking Price
$10,995,000
Cash flow
Call/Email
Revenue
Call/Email
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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: 283929 | Available | 12/26/23
For sale is one of the largest express washes, built from the ground up in 2020 on a massive site over 2 acres making for a well-flowing, easy-to-run wash. There is an extra long 190 ft tunnel and top of the line control system and vacuum system.
Asking Price
$17,695,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283661 | Available | 12/17/23
This is a terrific location for a gas station or express car wash development opportunity in the Lakeside community of San Diego East County. It has been approved by San Diego County to develop a gas station with tunnel car wash. The design can be modified to construct an express car wash.
Asking Price
$2,995,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$4,000,000
Posting: 279045 | Available | 12/17/23
For sale is a top-notch non-brand gas station with a full-service car wash in a major intersection. A city permit is in place for converting to an express car wash with Shell incentives of $1,600,000 in the affluent area of Orange County. The net profit is $460,000.
Asking Price
$8,400,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 281128 | Available | 12/14/23
For sale is a well-known hand car wash that has been operating for 65+ years with real estate included. It's in an excellent location minutes away from a shopping center that includes Trader Joe's and Target. The lot size is $11,000+ sq. ft. Business hours are open 7 days from 8:30AM - 4:45PM.
Asking Price
$3,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284208 | Available | 12/7/23
This is a prime location to operate an auto detailing business. The site is a brand-new gas station with an automatic carwash. They have a built-in database of existing clients to build your business. Ample space is available and it is a busy area with heavy traffic.
Asking Price
Call/Email
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
Call/Email
Revenue
Call/Email
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Posting: 281523 | Available | 12/7/23
For sale is an Arco AM/PM with a car wash in Stanislaus County with a long history of operations. This is an Arco AM/PM branded fuel facility with four MPDs serving regular, plus, and premium gasoline. Hours of operation are 24 hours and it was built in 1999.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
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Posting: 284171 | Available | 12/5/23
For sale is a freeway adjacent full service car wash in a trade area with average household income exceeding $140,000 within a 3 mile radius In-fill Inland Empire location with huge barriers to entry due to a lack of land available and city zoning (significantly limiting future car wash locations).
Asking Price
$8,900,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
$20
Posting: 284166 | Available | 12/5/23
For sale is a gas station that is high-volume in gas. They also have a Circle K convenience store. They do additional rental income. It is located near 2 highways and the real estate is available. There is also a carwash.
Asking Price
$10,500,000
Posting: 284157 | Available | 12/4/23
Socal Car Washes is seeking car washes for our list of qualified clients. Express, Flex, or full service is accepted and with or without real estate. Give us a call for a free market evaluation of your car wash!
Cash flow
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Revenue
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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
Call/Email
Revenue
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Posting: 280515 | Available | 12/4/23
For sale is a brand new state of the art express car wash with real estate located in Riverside County, California. It has an extra long 160 ft tunnel and 30+ vacuums. It's located on a very busy street.
Asking Price
$15,295,000
Cash flow
Call/Email
Revenue
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Posting: 274060 | Available | 12/2/23
This location was previously operated as Happy Boy Car Wash. Property was constructed in the year 1980. The building size for this location is approximately 4,000 square feet on .8 acres of land property is located on Highland Avenue with a traffic count of 20,000 cars per day.
Asking Price
Call/Email
Cash flow
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Revenue
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Posting: 274061 | Available | 12/2/23
This location was previously operated as the Bear Valley Car Wash. Property was constructed in the year 2008. The building size for this location is approximately 6,433 square feet on .68 acres of land. The property also includes 4 enclosed bays for additional automotive services.
Asking Price
Call/Email
Cash flow
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Revenue
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Posting: 274059 | Available | 12/2/23
This location was previously operated as the Apple Valley Auto Spa. The property was constructed in the year 2008. The building size for this location is approximately 3,627 square feet on 1.28 acres of land. The property also includes 4 enclosed bays for additional automotive services.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
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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
$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
$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
Call / Email
Revenue
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Posting: 275840 | Available | 8/18/22
Full service car wash with 2 bay lube centers. Business for sale $880,000. Real estate for sale $2,670,000. Express car wash or flex conversion possible. 2 oil and lube bays. Semi-absentee ownership, great potential, great opportunity for 1st-time buyers. Great opportunity for experienced operators.
Asking Price
$3,550,000
Cash flow
Call/Email
Revenue
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Posting: 281128 | Available | 12/14/23
For sale is a well-known hand car wash that has been operating for 65+ years with real estate included. It's in an excellent location minutes away from a shopping center that includes Trader Joe's and Target. The lot size is $11,000+ sq. ft. Business hours are open 7 days from 8:30AM - 4:45PM.
Asking Price
$3,000,000
Cash flow
Call
Revenue
$900,000
Down
25% to 30%
Posting: 245344 | Available | 10/7/20
Exclusive listing for full service and its property at good location of Valley Area in Los Angeles county. Exclusive listing for full service car wash and its property at excellent location, that produces $85,000. monthly gross.
Asking Price
$3,400,000
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
$2,000,000
Posting: 276286 | Available | 12/20/22
This is a newly built express car wash with 20 vacuums in Los Angeles. Gas & diesel 210,000 gals at 30 cents margin. The rental income is $4,800. The gross net income is $110,000+ per month. It is a prime location situated in a signalized hard corner. They have a beer & wine license.
Asking Price
$9,300,000
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
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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
Call/Email
Down
$4,000,000
Posting: 279045 | Available | 12/17/23
For sale is a top-notch non-brand gas station with a full-service car wash in a major intersection. A city permit is in place for converting to an express car wash with Shell incentives of $1,600,000 in the affluent area of Orange County. The net profit is $460,000.
Asking Price
$8,400,000
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
Call/Email
Revenue
Call/Email
Down
$300,000
Posting: 267136 | Available | 1/4/24
For sale is a semi-absentee-run (2 days a week) car wash with clean books and records. It is open every day from 8 am-4 pm and the average is $40+ per car. The lease is for 39 years. The lot is 26,000 sq ft. It has excellent lease terms. Seller financing of $499,000 with $320k down
Asking Price
$820,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274060 | Available | 12/2/23
This location was previously operated as Happy Boy Car Wash. Property was constructed in the year 1980. The building size for this location is approximately 4,000 square feet on .8 acres of land property is located on Highland Avenue with a traffic count of 20,000 cars per day.
Asking Price
Call/Email
Cash flow
$500,000
Revenue
$1,450,000
Down
$1,500,000
Posting: 275545 | Available | 8/5/22
Nice corner location. Big lot. long tunnel. All hand wash. Steady cash flow. Long established. Long time ownership. SBA loan possible. Real estate included. Come to our office for additional information. Location will not be provided over the phone or email. Principals only please.
Asking Price
$5,500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 269480 | Available | 8/19/21
Gas station and car wash for sale in Oakland, Alameda County, CA. Unbranded facility currently using the Shell Brand but the contract has expired. (3) Wayne MPD's (6 Fueling Positions) under canopy. EMV Upgrades Completed. Fuel system served by (3) x 10,000 UST's, (2) for Regular (87).
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 284552 | Available | 1/8/24
This is an Arco AMPM gas station business opportunity for sale in Solano County area. It has a big convenience Store, 6 MPDs, and a 1.3-acre lot. It's a business opportunity only for sale and no property is included. The express automatic car wash is also available but not operating at the moment.
Asking Price
$2,350,000
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
$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
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275849 | Available | 8/8/23
Self Serve Carwash with Tunnel, Vacuum stations, large lot. This carwash is an excellent opportunity! With four self serve bays, multiple vacuums, and an exterior tunnel, this is a great way for an entry into the carwash business without significant labor. With sales from multiple income sources,
Asking Price
$1,399,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 274061 | Available | 12/2/23
This location was previously operated as the Bear Valley Car Wash. Property was constructed in the year 2008. The building size for this location is approximately 6,433 square feet on .68 acres of land. The property also includes 4 enclosed bays for additional automotive services.
Asking Price
Call/Email
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
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Call/Email
Posting: 284171 | Available | 12/5/23
For sale is a freeway adjacent full service car wash in a trade area with average household income exceeding $140,000 within a 3 mile radius In-fill Inland Empire location with huge barriers to entry due to a lack of land available and city zoning (significantly limiting future car wash locations).
Asking Price
$8,900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284208 | Available | 12/7/23
This is a prime location to operate an auto detailing business. The site is a brand-new gas station with an automatic carwash. They have a built-in database of existing clients to build your business. Ample space is available and it is a busy area with heavy traffic.
Asking Price
Call/Email
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
$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
$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
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
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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
One of the most popular business searches (and eventual business purchase) on BizBen is the self serve and full service car wash. Peter Siegel, MBA (ProBuy & ProSell Programs Director) with BizBen.com reflects on three types of car wash models and what buyers should look for in a car wash purchase.
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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.
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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.
Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California 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.
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?
The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.
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.
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.
