Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286220 | Available | 4/22/24
The asset sale pertains to a well-established and maintained store located in a nearby college area. The store, spanning 1,000 sq.ft., is situated near a street with heavy traffic, ensuring easy accessibility, and boasts an ample parking lot.
Asking Price
$79,000
Cash flow
$85,888
Revenue
$600,000
Down
$125,000
Posting: 282779 | Available | 4/19/24
For sale is a prime location in the heart of Glendale. It is well-established on the busiest Blvd, with lots of cars and foot traffic. It is surrounded by a mix of commercial, residential, and retail stores. The building has 2 floors totaling 2,000 sqft. The second floor is used as an office lounge.
Asking Price
$125,000
Cash flow
$365,402
Revenue
$2,728,987
Down
Call/Email
Posting: 286187 | Available | 4/18/24
Located in a busy shopping mall with neighbors including nationally recognized retailers. Super Chix prides itself on being a premium counter-casual, cooked-to-order, never-frozen crispy and grilled chicken sandwiches, tenders, and fresh hand-cut and seasoned fries.
Asking Price
$1,100,000
Cash flow
$240,000
Revenue
$1,200,000
Down
$450,000
Posting: 286184 | Available | 4/18/24
For sale is a Nashville hot chicken burger and Korean hot dog shop franchise located in San Francisco County, CA. This is an excellent location located to a busy shopping mall, a high-foot traffic area. The brand new shop opened in 2023, and it is easy to operate with the owner not working.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Cash Only
Posting: 286161 | Available | 4/17/24
An asset sale is available for an El Pollo style restaurant with an open kitchen and a seating capacity for 30 or more. The restaurant features a walk-in cooler and a fountain drink station. The owner, who has another job, is unable to continue with this business.
Asking Price
$175,000
Cash flow
N/A
Revenue
N/A
Down
$70,000
Posting: 284203 | Available | 4/9/24
Located on a bustling street in the heart of Orange County, this chicken wing restaurant offers an exceptional opportunity to own a thriving business in a prime location. Situated in a high-traffic strip mall, this establishment is renowned for its delectable chicken wings.
Asking Price
$70,000
Cash flow
$120,000
Revenue
$72,000
Down
$348,000
Posting: 285535 | Available | 4/9/24
For sale is a profitable Korean fried chicken and boba restaurant located in a busy strip center in Carlsbad, CA. A beer & wine license is included. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer, and grease trap outside the kitchen. It is currently absentee-run.
Asking Price
$348,000
Cash flow
$90,000
Revenue
$480,000
Down
$198,000
Posting: 285537 | Available | 4/9/24
For sale is a profitable Korean fried chicken restaurant located in a busy strip center in San Diego County, CA. It has a beer & wine license / Type 41. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer., and a large 500-gallon grease trap outside the kitchen.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
$1,658,371
Down
Call/Email
Posting: 284918 | Available | 4/9/24
A fantastic opportunity awaits with this entry into the renowned Bojangles brand. Strategically positioned on a bustling street near the university, the location benefits from proximity to various businesses, including quick-service restaurants (QSRs), hotels, residential areas, and retailers.
Asking Price
$95,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 285291 | Available | 4/8/24
The restaurant is serving Asian fried chicken, but the new owner may change the menu upon the landlord's approval. The kitchen is very small approximately 12x12 with a 4' hood. It is 600 sq ft. with front and side patios. The monthly rent is approximately $3,042.00.
Asking Price
$100,000
Cash flow
$120,000
Revenue
$500,000
Down
All Cash
Posting: 284394 | Available | 4/8/24
For sale is a great Korean K-Pop style fried Chicken concept restaurant located in very busy shopping center. It is 100% absentee run and opened 6 months ago and has great potential if new owner comes in do all the marketing & social media.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
$591,000
Down
Call/Email
Posting: 286034 | Available | 4/8/24
This restaurant currently serves fried chicken sandwiches and strips. The menu closely resembles that of Chick-fil-A. Due to being primarily staffed by employees, the burden of labor costs is presently high. As it operates under a franchise model, there is evident support from the head office.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286020 | Available | 4/6/24
This is a Korean chicken restaurant for an asset sale. This restaurant is located in a busy shopping center. This is the cozy and clean and take-out style restaurant. The size of the restaurant is 1,200 sq ft. and rent is $3,400 including CAM. There's a 9 foot type 1 hood in the kitchen.
Asking Price
$169,999
Cash flow
$172,208
Revenue
$1,177,501
Down
Call/Email
Posting: 285856 | Available | 4/4/24
This is an excellent location near busy commercial stores and heavily trafficked streets. The store is well cared for and has had a loyal following since opening in 2010. Business must be purchased with real estate. The price of real estate is $1.2 million.
Asking Price
$325,000
Cash flow
$335,351
Revenue
Call/Email
Down
Call/Email
Posting: 285960 | Available | 4/3/24
For sale are 5 KFC units available in California around the Sacramento, CA surrounding areas. KFC Overview: Just about everyone recognizes Colonel Sanders, the iconic Kentuckian who introduced the world to his secret fried chicken recipe of 11 herbs and spices back in 1940.
Asking Price
$1,750,000
Cash flow
$120,000
Revenue
$780,000
Down
$290,000
Posting: 277590 | Available | 4/1/24
For sale is a restaurant, newly built. It has a full kitchen with new equipment. Seller's build-out cost was $700K+. There is a Beer & Wine (Type 41) license. This is an asset sale. New menu conversion is possible with the landlord's consent.
Asking Price
$290,000
Cash flow
N/A
Revenue
N/A
Down
All Cash
Posting: 283197 | Available | 3/30/24
For sale is a 1,100 sq. ft Korean fried chicken restaurant in a small strip. This is an asset sale. This restaurant is located in an office area. Rent is $6100 including CAM and water and garbage. There's a fully equipped kitchen with a walk-in cooler walk-in freezer and a 7.5-foot hood.
Asking Price
$99,999
Cash flow
$208,022
Revenue
$1,622,048
Down
Call/Email
Posting: 285850 | Available | 3/26/24
For sale is a Popeyes franchise located off the highway in a busy shopping center. Neighbors include mix of commercial and residential properties nearby. It has a good sales trend and real estate will be available (but not included in the sales price).
Asking Price
$1,200,000
Cash flow
$93,600
Revenue
$1,080,000
Down
$378,000
Posting: 285272 | Available | 3/26/24
Nestled in the heart of Solano County, CA, this restaurant presents a unique opportunity for culinary entrepreneurs and restaurant investors. Well-established restaurant is renowned for its delectable selection of Korean dishes & Korean-style fried chicken dishes that promise an authentic taste.
Asking Price
$378,000
Cash flow
$90,000
Revenue
$390,000
Down
Call/Email
Posting: 257071 | Available | 3/23/24
The location is a great place for pizza and wings. This is one of the only pizza in the area and by far the best pizza in town. This pizza is definitely a hidden gem in a quiet neighborhood. The ingredients are top notch & high quality and delicious.
Asking Price
$205,000
Cash flow
Call/Email
Revenue
$8,515,215
Down
Call/Email
Posting: 284263 | Available | 3/22/24
For sale is a 4-unit Popeyes package. The sales are solid and above brand AUV. The units must be sold as a package. Popeyes requires franchisees to have a net worth of $1M, $500K of which has to be in liquid assets. Must need recent drive-through QSR experience and passion.
Asking Price
$10,500,000
Cash flow
$134,844
Revenue
$1,220,677
Down
Call/Email
Posting: 283959 | Available | 3/22/24
For sale is a Popeye's chicken franchise that is located off highway busy shopping center. Its neighbors include mix of commercial and residential properties nearby. Franchisor requires a net worth of $1M per restaurant, $500K of which has to be in liquid assets. Landlord requires 4M net worth.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283492 | Available | 3/20/24
A beautifully designed restaurant is serving fried chicken and boba tea. It was built from scratch a couple of years ago. It is a corner location on a major street. Ample parking. It can be converted. The hood is 7 feet. Two ADA restrooms. 1579sf. Rent $4889+1490(water, garbage, & NNN)
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$700,000
Down
$149,900
Posting: 285701 | Available | 3/18/24
For sale is a halal chicken wing restaurant that is convertible in Concord, California. The restaurant is in a prime location, making it easily accessible for customers in the area. Our menu features a variety of delicious halal chicken wings options.
Asking Price
$149,900
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 284220 | Available | 3/17/24
For sale is a chicken BBQ, Franz fast food restaurant located on Main Street in Huntington Beach near the pier with a 41-liquor license, which includes dine-in or out. It has a great beach Hawaiian decor and a beautiful look. This place has a full hot kitchen with lots of foot traffic. Asset sale.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$780,000
Down
Call/Email
Posting: 283933 | Available | 3/13/24
This is a fried fish and chicken/seafood restaurant for sale in East Oakland off International Blvd on a strip mall. The location is convenient if you have to do laundry or buy hair supplies because they're in the same lot as a laundromat and a beauty supply store. It has been a staple.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283860 | Available | 3/13/24
This is an absentee-run Asian comfort food restaurant for sale in Old Oakland. Their signature menu items are either chicken katsu or chicken, rice, and veggies. It is located near a Ratto's and Swan's Market in Old Oakland and not far from the Downtown Marriott hotel. It is only open 3 hours a day.
Asking Price
$85,000
Cash flow
$180,000
Revenue
$600,000
Down
$129,000
Posting: 285641 | Available | 3/13/24
This is a pizza restaurant for sale in San Fernando Valley in a huge shopping center. It was established in 2007. It is 830 sq ft. and is open 7 days a week from 11am to 9:15pm. The pizza shop serves pizza, chicken wings, salads, and sandwiches.
Asking Price
$129,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
Call/Email
Posting: 284896 | Available | 1/29/24
For sale is a high-volume and established franchise chicken fast food restaurant in Fresno County. The location is in a newer developed shopping center with national tenants surrounded by dense residential & commercial areas. There is a lot more potential as it is the owner is absentee.
Asking Price
$325,000
Cash flow
$208,022
Revenue
$1,622,048
Down
Call/Email
Posting: 285850 | Available | 3/26/24
For sale is a Popeyes franchise located off the highway in a busy shopping center. Neighbors include mix of commercial and residential properties nearby. It has a good sales trend and real estate will be available (but not included in the sales price).
Asking Price
$1,200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286220 | Available | 4/22/24
The asset sale pertains to a well-established and maintained store located in a nearby college area. The store, spanning 1,000 sq.ft., is situated near a street with heavy traffic, ensuring easy accessibility, and boasts an ample parking lot.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
$660,000
Down
Call/Email
Posting: 276236 | Available | 1/24/23
For sale is an absentee-run Korean-style fried chicken restaurant with craft beer in the southwest of Los Angeles County. This is a 1,800 sq ft. restaurant in 2017. It is open Tuesday thru Sunday from 11 am to 11 pm. The annual gross is $660,000.
Asking Price
$270,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284135 | Available | 12/2/23
A turnkey branded fast-casual chicken wings restaurant is for sale in a main downtown business district. It has been fully operational since 2019. It is open 7 days per week. A long-term lease with 6 years remaining. It is 2,193 sf space with seating for 40. There is a large shared parking lot.
Asking Price
$345,000
Cash flow
Call/Email
Revenue
$8,515,215
Down
Call/Email
Posting: 284263 | Available | 3/22/24
For sale is a 4-unit Popeyes package. The sales are solid and above brand AUV. The units must be sold as a package. Popeyes requires franchisees to have a net worth of $1M, $500K of which has to be in liquid assets. Must need recent drive-through QSR experience and passion.
Asking Price
$10,500,000
Cash flow
$120,000
Revenue
$500,000
Down
All Cash
Posting: 284394 | Available | 4/8/24
For sale is a great Korean K-Pop style fried Chicken concept restaurant located in very busy shopping center. It is 100% absentee run and opened 6 months ago and has great potential if new owner comes in do all the marketing & social media.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281310 | Available | 6/21/23
This approximate 1,200 sq ft. sushi & chicken restaurant is located in an Eastbay shopping mall. This restaurant has its own seating and restroom. The restaurant has its own kitchen which is well-equipped and includes a walk-in freezer and kitchen hood. The total rent is a reasonable $5,092.
Asking Price
$66,000
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 284220 | Available | 3/17/24
For sale is a chicken BBQ, Franz fast food restaurant located on Main Street in Huntington Beach near the pier with a 41-liquor license, which includes dine-in or out. It has a great beach Hawaiian decor and a beautiful look. This place has a full hot kitchen with lots of foot traffic. Asset sale.
Asking Price
$75,000
Cash flow
$90,000
Revenue
$480,000
Down
$198,000
Posting: 285537 | Available | 4/9/24
For sale is a profitable Korean fried chicken restaurant located in a busy strip center in San Diego County, CA. It has a beer & wine license / Type 41. It has a fully equipped kitchen with a type 1 hood, unit cooler/freezer., and a large 500-gallon grease trap outside the kitchen.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
$780,000
Down
Call/Email
Posting: 283933 | Available | 3/13/24
This is a fried fish and chicken/seafood restaurant for sale in East Oakland off International Blvd on a strip mall. The location is convenient if you have to do laundry or buy hair supplies because they're in the same lot as a laundromat and a beauty supply store. It has been a staple.
Asking Price
$350,000
Cash flow
$150,000
Revenue
$540,000
Down
$40
Posting: 261469 | Available | 10/5/20
This store is Nashville style hot chicken restaurant. Open hours M- S. 11:30 am to 9:00 pm and Sunday Closed. Located at big shopping center. The store has beer & wine license.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 285291 | Available | 4/8/24
The restaurant is serving Asian fried chicken, but the new owner may change the menu upon the landlord's approval. The kitchen is very small approximately 12x12 with a 4' hood. It is 600 sq ft. with front and side patios. The monthly rent is approximately $3,042.00.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$350,000
Down
Possible
Posting: 284925 | Available | 1/30/24
For sale is a BBQ chicken fast food restaurant that consists of entire chickens that are barbecued grilled or smoked. Their menu consists of BBQ chicken/beef/pork, crispy shrimp, bowls, sandwiches, garden salads, and vegetable eggrolls. It is in a great shopping center.
Asking Price
$98,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283492 | Available | 3/20/24
A beautifully designed restaurant is serving fried chicken and boba tea. It was built from scratch a couple of years ago. It is a corner location on a major street. Ample parking. It can be converted. The hood is 7 feet. Two ADA restrooms. 1579sf. Rent $4889+1490(water, garbage, & NNN)
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$1,658,371
Down
Call/Email
Posting: 284918 | Available | 4/9/24
A fantastic opportunity awaits with this entry into the renowned Bojangles brand. Strategically positioned on a bustling street near the university, the location benefits from proximity to various businesses, including quick-service restaurants (QSRs), hotels, residential areas, and retailers.
Asking Price
$95,000
Cash flow
$444,455
Revenue
$4,467,660
Down
Call/Email
Posting: 284569 | Available | 3/11/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$1,700,000
Cash flow
Call/Email
Revenue
$591,000
Down
Call/Email
Posting: 286034 | Available | 4/8/24
This restaurant currently serves fried chicken sandwiches and strips. The menu closely resembles that of Chick-fil-A. Due to being primarily staffed by employees, the burden of labor costs is presently high. As it operates under a franchise model, there is evident support from the head office.
Asking Price
$99,000
Cash flow
$180,000
Revenue
$720,000
Down
$350,000
Posting: 285184 | Available | 2/15/24
For sale is a profitable and well-established Korean fried chicken restaurant in a busy strip center in San Diego North County. Rent is $8,800 including NNN by 1,400 sq ft. lease 4y + op. There's a fully equipped kitchen type 1 hood, unit cooler/freezer, and a large grease trap outside the kitchen.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283860 | Available | 3/13/24
This is an absentee-run Asian comfort food restaurant for sale in Old Oakland. Their signature menu items are either chicken katsu or chicken, rice, and veggies. It is located near a Ratto's and Swan's Market in Old Oakland and not far from the Downtown Marriott hotel. It is only open 3 hours a day.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
$700,000
Down
$149,900
Posting: 285701 | Available | 3/18/24
For sale is a halal chicken wing restaurant that is convertible in Concord, California. The restaurant is in a prime location, making it easily accessible for customers in the area. Our menu features a variety of delicious halal chicken wings options.
Asking Price
$149,900
Cash flow
$96,000
Revenue
$520,000
Down
$150,000
Posting: 279296 | Available | 10/29/23
This is a famous chicken BBQ fast food franchise. It is a take-out and delivery-only store. They have almost new equipment and it is semi-absentee run. They have a good rent amount of $4,300 monthly. The young customers come for delicious, hot, and soft-tasting chicken.
Asking Price
$275,000
Cash flow
$85,888
Revenue
$600,000
Down
$125,000
Posting: 282779 | Available | 4/19/24
For sale is a prime location in the heart of Glendale. It is well-established on the busiest Blvd, with lots of cars and foot traffic. It is surrounded by a mix of commercial, residential, and retail stores. The building has 2 floors totaling 2,000 sqft. The second floor is used as an office lounge.
Asking Price
$125,000
Cash flow
$150,164
Revenue
$1,037,867
Down
Call/Email
Posting: 285504 | Available | 3/5/24
This is an attractive location on a highly visible location on an extremely busy street. The location is near the freeway with many retailers lining the avenue. A school is within walking distance as well as a manufacturing facility and church.
Asking Price
$430,000
Cash flow
$240,000
Revenue
$1,200,000
Down
$450,000
Posting: 286184 | Available | 4/18/24
For sale is a Nashville hot chicken burger and Korean hot dog shop franchise located in San Francisco County, CA. This is an excellent location located to a busy shopping mall, a high-foot traffic area. The brand new shop opened in 2023, and it is easy to operate with the owner not working.
Asking Price
$450,000
Cash flow
$365,402
Revenue
$2,728,987
Down
Call/Email
Posting: 286187 | Available | 4/18/24
Located in a busy shopping mall with neighbors including nationally recognized retailers. Super Chix prides itself on being a premium counter-casual, cooked-to-order, never-frozen crispy and grilled chicken sandwiches, tenders, and fresh hand-cut and seasoned fries.
Asking Price
$1,100,000
Cash flow
Call
Revenue
Call
Down
$75,000
Posting: 258399 | Available | 10/4/20
Chicken Wings & Pizza bites Restaurant in San Joaquin County CA. The restaurant sells a variety of chicken wings, smoothies/shakes, a variety of fries and more. The restaurant is located at the corner of a busy intersection. The store premises size is 1662 sq. ft. approximately.
Asking Price
$120,000
Cash flow
$98,000
Revenue
$600,000
Down
Call/Email
Posting: 282021 | Available | 8/7/23
This Bangladeshi cuisine in K-town offers a profitable, unique concept serving a wide variety of delicious options and the food is absolutely incredible, phenomenal, and out of this world. This is hands down the best chicken wings in K-town and this restaurant is a bomb and a diamond in rough.
Asking Price
$249,000
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
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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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
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
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
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
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
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
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.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
