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
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
$1,000,000
Revenue
$2,100,000
Down
$3,600,000
Posting: 274543 | Available | 3/14/23
For sale is a high cash flow business. It is in a nice area with a big acre lot. It has high revenues and machine wash. It has been long established in an upscale area. Come to our office for additional information and proof of funds. Address will not be provided over the phone or email.
Asking Price
$8,900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275841 | Available | 3/5/23
This is a well-established, full-service car wash with property in a prime location. It is waiting for a buyer to convert it to an express car wash or flex car wash. It is a big property of 1.82 acres on a major street. It is possible to add 40-50 vacuums and add multi-profit centers.
Asking Price
$5,800,000
Cash flow
$2,200,000
Revenue
$5,000,000
Down
$8,000,000
Posting: 277451 | Available | 3/2/23
For sale are 2 full-service car washes with branded gas stations. It is in a nice upscale area with busy traffic. It is in a fast-growing community. All management is operated. There is lots of potential for experienced operators. Both sites are close to each other and need to be sold concurrently.
Asking Price
$23,300,000
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
$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
$480,000
Revenue
Call / Email
Down
$1,000,000
Posting: 277474 | Available | 12/3/22
For sale is a free standing full-service auto detail/car wash business. The land, building, car wash tunnel, and equipment are included in the sale. It has been fully operating for 18 years under the same owner. This is a very rare opportunity to acquire a car wash with real estate at this price.
Asking Price
$3,800,000
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: 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
$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
Posting: 273489 | Available | 6/1/22
I am seeking for coin car wash with property and long term lease as below. Serious sellers only. Coin car wash with property. County wanted: Los Angeles, Orange, Riverside county. Price Range Wanted: 1 million to 5 Million. Timing: Anytime for 10-31 Exchange customers.
Cash flow
Call / Email
Revenue
$229,000
Down
$25
Posting: 266783 | Available | 5/6/22
Exclusive listing for coin car wash including its property. Seller has not been working there for last 12 years because he has lived 80 miles away from the subject car wash. He just invested in it. 1031 Exchange is possible.
Asking Price
$1,850,000
Posting: 272833 | Available | 4/30/22
I am looking for express car wash with property in Los Angeles, Orange, Riverside County. The range of purchase price is 5 Million to 15 Million. Down payment will be 3 Million to 10 Million and SBA Loan.
Cash flow
Call/Email
Revenue
Call/Email
Down
$30
Posting: 263475 | Available | 4/12/22
Major brand High Volume gas station business with real estate for sale. Store size 4,000 sq. ft., big Express car wash tunnel, 14 Vacuum cleaners, outside 8 mpd's. Call for more details! Please sign nda & provide proof of funds.
Asking Price
$12,750,000
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
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
$750,000
Revenue
$1,350,000
Down
$30
Posting: 247765 | Available | 10/22/20
This store sales express car wash with property. This express car wash is running by 100% employee. Please, call/email qualified customer only.
Asking Price
$8,250,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$1,300,000
Posting: 262975 | Available | 10/10/20
Exclusive Listing, Coin laundry combined with 4 bays coin car wash at 21,000. Sqf. lot in major Blvd. Newly built up 20 months ago, monthly gross sales have been increasing gradually since its opening, and upside potential for the future. 1031 Exchange is possible. Owner has not been working there.
Asking Price
$6,100,000
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
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
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
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
Call / Email
Revenue
$229,000
Down
$25
Posting: 266783 | Available | 5/6/22
Exclusive listing for coin car wash including its property. Seller has not been working there for last 12 years because he has lived 80 miles away from the subject car wash. He just invested in it. 1031 Exchange is possible.
Asking Price
$1,850,000
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
$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
$11,999
Revenue
$12,000
Down
Call/Email
Posting: 283251 | Available | 10/7/23
Spokane, Washington's premier mobile detailing business for purchase. With years of automotive detailing business experience, the Seller launched his own Company in 2016, to help busy clients keep their autos, RVs, motorcycles, and boats in perfect condition.
Asking Price
$250,000
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
$30
Posting: 263475 | Available | 4/12/22
Major brand High Volume gas station business with real estate for sale. Store size 4,000 sq. ft., big Express car wash tunnel, 14 Vacuum cleaners, outside 8 mpd's. Call for more details! Please sign nda & provide proof of funds.
Asking Price
$12,750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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
Down
Call/Email
Posting: 283762 | Available | 3/25/24
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
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
Call/Email
Down
Call/Email
Posting: 281995 | Available | 8/4/23
Must sell now, seller interested in another business. Average net (3 yrs) 122,000 a year. The lease ends in 2062, currently $3,850 a month. Price reduced from $1.29m for quick sale. CASH offer only.
Asking Price
$490,000
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: 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
Call/Email
Down
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
$200,000
Down
Call/Email
Posting: 285880 | Available | 3/28/24
For sale is an absentee-run, 8-bay, self-service carwash with land. The gross is $200K+ a year. All upgraded equipment and building. It is a more than half-acre prime property to an adjacent shopping center. There is a large machine room with caretaker's station.
Asking Price
$2,199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275841 | Available | 3/5/23
This is a well-established, full-service car wash with property in a prime location. It is waiting for a buyer to convert it to an express car wash or flex car wash. It is a big property of 1.82 acres on a major street. It is possible to add 40-50 vacuums and add multi-profit centers.
Asking Price
$5,800,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 270024 | Available | 4/22/24
This is a must-see Arco AM/PM gas station with a market and detached carwash. It is a beautiful station doing strong numbers at all three profit centers: fuel, market, and carwash. It has a huge 40,000 sq. ft lot and is located just off the freeway in the beautiful San Diego County.
Asking Price
$9,950,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$225,000
Down
$700,000
Posting: 282025 | Available | 8/7/23
Self-Serve Car Wash in Sacramento suburb with five bays, in-bay automatic, and multiple vacuum stations. This five-bay carwash with an in-bay automatic car wash gives a business operator the ability to provide customers the convenience of a quick, quality wash.
Asking Price
$700,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$1,300,000
Posting: 262975 | Available | 10/10/20
Exclusive Listing, Coin laundry combined with 4 bays coin car wash at 21,000. Sqf. lot in major Blvd. Newly built up 20 months ago, monthly gross sales have been increasing gradually since its opening, and upside potential for the future. 1031 Exchange is possible. Owner has not been working there.
Asking Price
$6,100,000
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
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: 280488 | Available | 5/1/23
Business Only, Major Brand Gas Station with Full Service Car Wash. Gas 50K Gal/mth @.78, Market $22K/Mth, Car Wash $110K/Mth, Rental Income $7,500/Mth. Station Rent $11,250/Mth.
Asking Price
$3,995,000
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
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
$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
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.
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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.
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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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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
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
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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
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.
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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.
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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.
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.
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.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
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.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
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.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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.
