Cash flow
$70,279
Revenue
$240,086
Down
$100,000
Posting: 286534 | Available | 7/22/24
This is a rare opportunity to own a thriving restaurant with an established reputation and dedicated customer base. Situated in a prime location with ample parking, this culinary gem sits on 1800 sq ft of inviting space and has a proven track record of success.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286913 | Available | 7/20/24
A unique combination of Chinese Hot Pot and Japanese Shabu-Shabu, opened in mid-July 2023. Serving the finest food and beverages, with sales continuing to grow since opening. The restaurant is located in a community shopping center, near a busy bowling alley.
Asking Price
$128,000
Cash flow
Call/Email
Revenue
$2,610,000
Down
Call/Email
Posting: 285397 | Available | 7/24/24
For sale is a famous dim sum/seafood restaurant. It is located in San Diego, California. It is 9,000 sq ft. with a rent of $25,300 including NNN. It has an ABC 47 license.
Asking Price
$1,200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50,000
Posting: 286629 | Available | 7/23/24
For sale is a fully equipped restaurant space with a hood. It has great potential, low rent, and unlimited potential. Due to medical reasons, the owner wants to sell the establishment.
Asking Price
$50,000
Cash flow
Call/Email
Revenue
$630,000
Down
Call/Email
Posting: 285494 | Available | 7/22/24
This is a Chinese restaurant for sale. The restaurant is located in a nice area of Oakland. This restaurant has been in the same location for over 35 years. Three is a beer and wine license. The size of the restaurant is 1,546 sq ft. and rent is $4,900.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287112 | Available | 7/20/24
This Chinese restaurant is in one of the busiest shopping center in Milpitas. The shopping center has a lot of notable restaurants and retail stores. There are ample parking spaces. A good size dining area. Kitchen has a 21 feet hood, a walk-in cooler and freezer combo unit. 2600 sq ft.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282454 | Available | 7/20/24
For sale is a Chinese restaurant with a stable customer base in an upscale area. It is in a high-foot-traffic shopping center with many notable stores and restaurants. They have ample parking spaces, a beer and wine license, and a good size dining room. The kitchen has a 20-foot hood. 2200 sq.ft.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286358 | Available | 7/20/24
A Chinese restaurant for sale, beautifully designed and built from scratch in 2017, is now on the market. The property is up to code and features ample parking. Inside, there are ten hoods above tables with table stoves, along with a beer and wine license. 3000 sq.ft. Rent is $5300 + 1600 for NNN.
Asking Price
$190,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
Call/Email
Posting: 287641 | Available | 7/20/24
For sale is a well-established Chinese restaurant in the community for a long time. Its average monthly sale is $100,000 and still growing month by month. It has a full kitchen with party rooms. Its current rent is $12,000 including NNN.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$950,000
Down
Call/Email
Posting: 286105 | Available | 7/18/24
For sale is a Chinese restaurant in a busy shopping center near the Premier outlet. It is in newer condition with clean and high ceilings. The size of the restaurant is 1,400 sq ft. and rent is $8,900 including CAM and water & garbage. There's a 16-foot hood in the kitchen.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284710 | Available | 7/18/24
This is an Asian cafe for sale. This cafe is located in busy Chinatown. The size of the cafe is 1,500 sq ft. and rent is $6,600. There's a fully equipped kitchen with 14 feet hood and walk-in cooler. Bring your menu. This is an asset sale since then no financial information will be available.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287083 | Available | 7/18/24
A profitable Chinese restaurant is in S. San Jose on Camden Ave. It is in a high-traffic shopping center with ample parking. A good atmosphere dining area. A fully equipped kitchen has a 16.5' hood, walk-in cooler, and other kitchen equipment. It has an ADA restroom. It can be converted.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286956 | Available | 7/9/24
The former Shabu Restaurant is for sale. The restaurant is located in a busy commercial district. The size of the restaurant is 1,400 square feet, and the rent is $5,500. The lease term will be 5 years with a 5-year option. There is a 14-foot hood in the kitchen and one ADA bathroom.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286979 | Available | 7/9/24
This is a great opportunity to own a beautifully decorated restaurant with a spacious, fully equipped kitchen that includes a walk-in cooler and freezer. The restaurant boasts a fantastic net income, making it an ideal venture for a full-time owner-operator or owner-chef operator.
Asking Price
$320,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287438 | Available | 7/6/24
This is a Chinese dim sum restaurant for sale in a very desirable area. There are many residences and many businesses with many employees nearby including the largest company in the area. The Tesla Automobile manufacturing company which is just a block away from this shopping center.
Asking Price
$248,000
Cash flow
Call/Email
Revenue
$1,647,000
Down
Call/Email
Posting: 285961 | Available | 7/3/24
This is a reputable Chinese Restaurant that was well-established 9 years ago. It is located in a very busy area with lots of foot traffic. The seller claims revenue in 2023 is about $1,647,000.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$220,000
Posting: 286799 | Available | 7/3/24
This former hot pot restaurant can be converted into any type of restaurant. It is located in a very busy area with lots of foot traffic in the Sunset District. It is waiting for the right buyer to recognize this prime location. It is an asset sale.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286882 | Available | 7/3/24
The owner-absentee Chinese restaurant is located in a thriving shopping center with lots of foot traffic and plenty of parking. It will generate more revenue for an owner who operates it.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286881 | Available | 7/3/24
The owner-absentee Hot Pot Restaurant is located in a busy shopping center with lots of foot traffic and plenty of parking. The restaurant can be converted into another concept by the new owner.
Asking Price
$138,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286755 | Available | 6/29/24
The currently closed restaurant, formerly a Chinese-American takeout, is for sale. It is located in the high-traffic Irving Street corridor near Golden Gate Park, at 1360 9th Street, San Francisco. The rent is $5,500, with a new lease term of 5 years plus 5 renewal options.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278993 | Available | 6/27/24
Established Asian restaurant for sale in Santa Cruz County. This is a cute little restaurant tucked away in the shopping center. One of the best Chinese restaurants in Santa Cruz County. This spot has a secluded patio with outdoor tables that are spaced apart.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
Call/Email
Posting: 281952 | Available | 6/27/24
This is a super high-volume Asian restaurant for sale in Alameda on the main street. They serve a huge selection of different foods, chicken wings, some loaded tots, chicken skins, Mongolian beef chow mein, and garlic noodles. The restaurant shared a parking lot in the back.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277139 | Available | 6/27/24
This is an established vegan restaurant for sale in an Antioch shopping center. This is a hidden gem in a strip mall next to a nail salon. The owner serves Thai, Vietnamese, and Chinese cuisines--all plant-based. There are a lot of good reviews on Yelp. The size is approximately 2,000 sq ft.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 283824 | Available | 6/27/24
This is a high-volume Asian restaurant for sale in Concord. It has been established for many years in the city of Concord with a type 47 hard liquor license. There is a bar area to the left to serve cocktails and liquor drinks. The average gross sale a year is $800,000- $900,000.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 282842 | Available | 6/27/24
This is a 30-year established Chinese fast food restaurant and donut shop for sale in the heart of Mission. It is located in the bustling mission area near Bart station, McDonald's and many Mexican restaurants. This location has long been the richest sector of business by and for Latino families.
Asking Price
$150,000
Cash flow
$131,403
Revenue
$871,818
Down
Call/Email
Posting: 286232 | Available | 6/27/24
This restaurant has been in business for over 34 years, with a very loyal customer base and steady profit (Except during COVID) This is a fully equipped restaurant with an A1 hood, grease trap, Wok set line, fryer, walk-in cooler, walk-in freezer and much more.
Asking Price
$129,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 272142 | Available | 6/25/24
This Chinese restaurant is located in the small strip center on Union Avenue near Bascom. The rent is $4,500 and the size of 1,500 sq. ft. This restaurant was remodeled partially in 2018. It is an asset sale. The lease term is every 5 years only. There is a beer and wine license.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287266 | Available | 6/23/24
A Chinese restaurant is for sale. It is well-equipped. A good atmosphere dining room. A preparation area. The kitchen has a 18 feet hood, stovetop, stock pot ranges, wok station, dishwasher, ice maker, sinks, walk-in cooler, walk-in freezer, fridges, and more. There is an ADA restroom.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286913 | Available | 7/20/24
A unique combination of Chinese Hot Pot and Japanese Shabu-Shabu, opened in mid-July 2023. Serving the finest food and beverages, with sales continuing to grow since opening. The restaurant is located in a community shopping center, near a busy bowling alley.
Asking Price
$128,000
Cash flow
$70,279
Revenue
$240,086
Down
$100,000
Posting: 286534 | Available | 7/22/24
This is a rare opportunity to own a thriving restaurant with an established reputation and dedicated customer base. Situated in a prime location with ample parking, this culinary gem sits on 1800 sq ft of inviting space and has a proven track record of success.
Asking Price
$100,000
Cash flow
$250,000
Revenue
$960,000
Down
$288,888
Posting: 285182 | Available | 2/15/24
For sale is a well-established Chinese restaurant in San Ramon, California. The seller claims $250k net. It is an ideal opportunity for someone looking to convert it to a Thai, Vietnamese, Korean, Mexican, or Mediterranean or acquire the current concept of a Chinese restaurant.
Asking Price
$288,888
Cash flow
Call/Email
Revenue
$2,200,000
Down
$650,000
Posting: 285463 | Available | 3/1/24
This is a very profitable, well-established Chinese restaurant for sale near freeway in San Diego north County. It sits in a center of higher income household area. The 2,995 sq ft. space is great with the ambiance and cozy atmosphere, has large patio space with a rent of $14K.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
$350,000
Posting: 285251 | In Contract | 2/19/24
For sale is a very profitable, well-established Chinese restaurant located in a very busy strip center with high visibility serving North County San Diego. The space is 2,100 sq ft. with rent of $7,600 a month including NNN. It has a 1-year lease left with options. It has a fully equipped kitchen.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287112 | Available | 7/20/24
This Chinese restaurant is in one of the busiest shopping center in Milpitas. The shopping center has a lot of notable restaurants and retail stores. There are ample parking spaces. A good size dining area. Kitchen has a 21 feet hood, a walk-in cooler and freezer combo unit. 2600 sq ft.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 272142 | Available | 6/25/24
This Chinese restaurant is located in the small strip center on Union Avenue near Bascom. The rent is $4,500 and the size of 1,500 sq. ft. This restaurant was remodeled partially in 2018. It is an asset sale. The lease term is every 5 years only. There is a beer and wine license.
Asking Price
$149,999
Cash flow
$120,000
Revenue
$492,000
Down
Call/Email
Posting: 286880 | Available | 5/31/24
A Korean and Chinese noodle restaurant is located in Lower Pacific Heights on the busy Geary Boulevard, which ensures good foot traffic. The restaurant features a full kitchen and holds an ABC Beer & Wine License, making it ideal for a family-operated business.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286882 | Available | 7/3/24
The owner-absentee Chinese restaurant is located in a thriving shopping center with lots of foot traffic and plenty of parking. It will generate more revenue for an owner who operates it.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287438 | Available | 7/6/24
This is a Chinese dim sum restaurant for sale in a very desirable area. There are many residences and many businesses with many employees nearby including the largest company in the area. The Tesla Automobile manufacturing company which is just a block away from this shopping center.
Asking Price
$248,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284710 | Available | 7/18/24
This is an Asian cafe for sale. This cafe is located in busy Chinatown. The size of the cafe is 1,500 sq ft. and rent is $6,600. There's a fully equipped kitchen with 14 feet hood and walk-in cooler. Bring your menu. This is an asset sale since then no financial information will be available.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
$2,000,000
Down
Call/Email
Posting: 281576 | Available | 11/21/23
This is a high-end Chinese restaurant with a hard liquor #47 license. The size is approximately 7,000 sq. ft and rent is $21,000 including NNN. The lease is a 9-year + 10-year option. It is a 100% absentee-run business with so much potential to increase the current sales volume.
Asking Price
$750,000
Cash flow
Call
Revenue
Call
Down
Call
Posting: 235165 | Available | 9/15/20
Famous Mandarin Touch Chinese Restaurant and Cocktail lounge for sale. Original owner for 33 years. Best location i trendy Solvang, Ca Beautiful indoor and outdoor dining, seats 160. Building is also for sale with 2 upstair penthouse style apts. 3,000,000 includes business, apts and liquor lic.
Asking Price
$800,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277139 | Available | 6/27/24
This is an established vegan restaurant for sale in an Antioch shopping center. This is a hidden gem in a strip mall next to a nail salon. The owner serves Thai, Vietnamese, and Chinese cuisines--all plant-based. There are a lot of good reviews on Yelp. The size is approximately 2,000 sq ft.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50,000
Posting: 286629 | Available | 7/23/24
For sale is a fully equipped restaurant space with a hood. It has great potential, low rent, and unlimited potential. Due to medical reasons, the owner wants to sell the establishment.
Asking Price
$50,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274035 | Available | 3/12/24
This Chinese fusion restaurant is ideally located in the Piedmont neighborhood. It is a casual eatery with a glass-covered patio turning out delicious Chinese fare. The Piedmont Avenue neighborhood is a residential and commercial district in North Oakland, popular for dining and retail.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$630,000
Down
Call/Email
Posting: 285494 | Available | 7/22/24
This is a Chinese restaurant for sale. The restaurant is located in a nice area of Oakland. This restaurant has been in the same location for over 35 years. Three is a beer and wine license. The size of the restaurant is 1,546 sq ft. and rent is $4,900.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
$2,610,000
Down
Call/Email
Posting: 285397 | Available | 7/24/24
For sale is a famous dim sum/seafood restaurant. It is located in San Diego, California. It is 9,000 sq ft. with a rent of $25,300 including NNN. It has an ABC 47 license.
Asking Price
$1,200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286755 | Available | 6/29/24
The currently closed restaurant, formerly a Chinese-American takeout, is for sale. It is located in the high-traffic Irving Street corridor near Golden Gate Park, at 1360 9th Street, San Francisco. The rent is $5,500, with a new lease term of 5 years plus 5 renewal options.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286881 | Available | 7/3/24
The owner-absentee Hot Pot Restaurant is located in a busy shopping center with lots of foot traffic and plenty of parking. The restaurant can be converted into another concept by the new owner.
Asking Price
$138,000
Cash flow
$126,000
Revenue
$672,000
Down
$290,000
Posting: 285306 | Available | 4/20/24
Established in 1995, this well-known Chinese restaurant situated on Ventura Blvd in Woodland Hills offers a fantastic opportunity for a full-time owner-operator or owner-chef operator. With a prime location and ample parking in the rear, the restaurant boasts great potential for expansion.
Asking Price
$290,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 280058 | Available | 11/30/23
The restaurant has been operating for more than 20 years in the plaza and specializes in Chinese cuisine. It typically features a dining area for customers to sit and enjoy their meals, as well as a kitchen where chefs prepare Chinee dishes using traditional cooking techniques and ingredients.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286352 | Available | 6/3/24
A Chinese restaurant in the lower Nob Hill area is up for asset sale. The restaurant is currently closed. It occupies 1,200 square feet, with a rent of $4,500. The kitchen features a 7-foot-long hood. Potential buyers are encouraged to bring their own concept.
Asking Price
$88,888
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282454 | Available | 7/20/24
For sale is a Chinese restaurant with a stable customer base in an upscale area. It is in a high-foot-traffic shopping center with many notable stores and restaurants. They have ample parking spaces, a beer and wine license, and a good size dining room. The kitchen has a 20-foot hood. 2200 sq.ft.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283904 | Available | 11/17/23
This is a rare opportunity to acquire a well-established and newly remodeled Asian fusion restaurant in the heart of Humboldt County. The turnkey restaurant boasts a prime location, a favorable long-term lease with exceptionally low rent, and two five-year lease options.
Asking Price
$200,000
Cash flow
$131,403
Revenue
$871,818
Down
Call/Email
Posting: 286232 | Available | 6/27/24
This restaurant has been in business for over 34 years, with a very loyal customer base and steady profit (Except during COVID) This is a fully equipped restaurant with an A1 hood, grease trap, Wok set line, fryer, walk-in cooler, walk-in freezer and much more.
Asking Price
$129,000
Cash flow
$240,000
Revenue
$1,800,000
Down
Call/Email
Posting: 285423 | Available | 2/29/24
A very profitable, well-established Chinese restaurant located in a stripe center of the office, high-tech area with high visibility near freeway in San Diego. The 4,000 sq ft. space has a reasonable monthly rent of $11k (includes NNN) by such a big size. 3 year lease left with options.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$800,000
Down
$120,000
Posting: 275794 | In Escrow | 2/12/24
Price lowered. For sale is a profitable Chinese restaurant in a heavily populated area in South San Diego with high visibility near a major freeway. This restaurant is a single building that has a private parking lot and has been serving San Diego for more than 40 years. The owner plans to retire
Asking Price
$120,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
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.
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.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In 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.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
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.
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.
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...
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.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
