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Posting: 292417 | Available | 4/24/25
Freestanding building plus restaurant for sale in Oroville. Oroville is located in the Northern Sacramento Valley, in the Sierra Nevada Foothills. It's about 65 miles north of Sacramento. The restaurant is nestled downtown across the public parking and literally down the street from the theater.
Asking Price
$450,000
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$2,000,000
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Posting: 292505 | Available | 4/29/25
This 100% absentee-run high-end Chinese restaurant is located in a very high-traffic shopping center, making it an outstanding opportunity for an owner-operator or investor.
Asking Price
$399,000
Cash flow
$190,000
Revenue
$500,000
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Posting: 292481 | Available | 4/28/25
This established and profitable Asian restaurant franchise has been a local favorite for over five years, offering quality Asian cuisine with a focus on Chinese and Japanese dishes at affordable prices.
Asking Price
$350,000
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Posting: 292453 | Available | 4/28/25
A Chinese restaurant is located inside of a building for sale. It is on the border of Cupertino. Rent is very reasonable. A fully equipped kitchen has a 12' hood, coolers, freezers, and other kitchen equipment. There are 46 seating in the common area. ADA restrooms. 1350 sf. Rent is 2890 (all).
Asking Price
$119,000
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Posting: 289334 | Available | 4/28/25
For sale is a fully turnkey Korean-Chinese restaurant located in a busy shopping center. The restaurant spans 1,900 square feet, with rent at $9,100 per month, including CAM. It features a fully equipped kitchen with a 20-foot hood and a walk-in cooler.
Asking Price
$299,999
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Posting: 286956 | Available | 4/28/25
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
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$2,100,000
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Posting: 290715 | Available | 4/28/25
Fully Equipped Restaurant With Type 47 License. Located on very busy Convoy Street, this fully equipped restaurant has a large A1 hood, grease trap, walk-in refrigerator, wok set up, fryers, and numerous other items - too many to list.
Asking Price
$199,000
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Posting: 207542 | Available | 4/25/25
This restaurant is located in a very nice neighborhood shopping center with a nice selection of stores. This neighborhood is a safe and desirable area. The center has no other Chinese restaurants and the area has only a few Chinese restaurants so there is little competition in this area.
Asking Price
$118,000
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$700,000
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Posting: 285924 | Available | 4/22/25
This is a Chinese restaurant for an asset sale. This restaurant is located in the big center. The size of the restaurant is 3,300 sq ft. and rent is $13,500 including water and garbage. There's a fully equipped kitchen with 20 feet hood and walk-in cooler and walk-in freezer.
Asking Price
$299,999
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Posting: 292386 | Available | 4/22/25
A beautifully deisnged Chinese restaurant is in a desirable area on Irving St. A good atmosphere dining area consists of tables, chiars, booths and high ceiling. There is a 28' hood in the kitchen. Two walk-in refrigeration. Two ADA restrooms. Storage. It is 2900 sq.ft. The rent is $9180.
Asking Price
$308,000
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Posting: 286755 | Available | 4/17/25
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
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$630,000
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Posting: 285494 | Available | 4/17/25
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
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Posting: 290931 | Available | 4/16/25
Asian restaurant for sale in Downtown Menlo Park. A hidden gem serving cuisine with hand-pulled noodles and lamb kabobs in a cozy, dimly lit setting. The booths are long and have grills on top that have been covered. Plenty of parking on street along with public parking lot nearby.
Asking Price
$350,000
Cash flow
$139,620
Revenue
$720,000
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Posting: 291553 | Available | 4/13/25
Korean-Chinese Restaurant for Sale in Prime Los Angeles Shopping Mall Location Stable Operation & High Potential
Asking Price
$120,000
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$299,000
Posting: 290968 | Available | 4/6/25
For sale is a Chinese restaurant with a monthly rent of $5,100, including NNN. The space is 1,000 square feet. All equipment is new, including a new buffet table with hot burners. This is an assets-only sale.
Asking Price
$299,000
Cash flow
$220,000
Revenue
$1,002,000
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Posting: 290091 | Available | 4/2/25
For sale is an absentee-owned, well established Chinese Restaurant with a hard liquor License 47. It is located in a very nice area in Berkeley since 1996. Seller claims revenue is about $1,002,000, SDE operating net income is about $220,000.
Asking Price
$325,000
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Posting: 289177 | Available | 4/2/25
Closed Chinese Restaurant space for lease. It is located in a nice small town in Yuba county. It needs new owner to reopen a Chinese Restaurant and rebuild the business. There are some equipment in the restaurant and new owner can buy at $4,000 total.
Asking Price
$4,000
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Posting: 289161 | Available | 4/2/25
Sushi and Chinese Restaurant is located in a very nice town in Marin County. It is a stand alone building with private parking lot. There is drive through. It is next to a brand name grocery store. No competition around. It can be converted to other concepts per landlord approval.
Asking Price
$99,000
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Revenue
$3,000,000
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Posting: 291393 | Available | 4/1/25
For sale is a well established absentee run, high-end Chinese dim sum restaurant with good reviews for parties & weddings in San Diego. The lease has 2 year left with two of 5 year options. Selling price is lowered from the previous asking $2 million. Monthly sale $250k-300k.
Asking Price
$1,200,000
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Revenue
$685,000
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Posting: 291392 | Available | 4/1/25
Unique Vegan Chinese restaurant with type 47 hard liquor license for sale in Downtown Sacramento. Casual locale for vegan versions of Chinese dishes, as well as bubble teas. The restaurant itself is tucked in corner. Shared indoor space with boba tea so you can get your boba tea fixed.
Asking Price
$180,000
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Posting: 291380 | Available | 3/31/25
A Chinese restaurant for is in a busy shopping center with ample parking. It is surrounded by an upscale neighborhood. A beer and wine license. A good size kitchen with a 20' hood, a walk-in cooler, a walk-in freezer, and other kitchen equipment. Two ADA restrooms. It is 2200sq.ft.
Asking Price
$118,000
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Posting: 291378 | Available | 3/31/25
A Chinese restaurant is for sale in a good area. It is in a small plaza with parking spaces. The rent is very reasonable. It has a good size dining area. A storage. The kitchen has a 19' hood, a walk-in cooler, and other equipment. It is 2400 sq.ft. The rent is $3950. The lease has 5+5 year option.
Asking Price
$160,000
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Posting: 290250 | Available | 3/31/25
A profitable Chinese restaurant for sale is in a desirable upscale area. It is in a busy shopping center with ample parking. It's a good-sized kitchen with a 22-foot hood and a walk-in cooler/freezer combo unit. It has an ADA restroom. It is 1,552 sq.ft. The rent is $5,943 + $1,597 (water and NNN).
Asking Price
$280,000
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Posting: 291356 | Available | 3/29/25
Asian restaurant for sale in Concord plaza. Plenty of parking for customers on plaza. Approximately 2800 with 108 legal seating inside. High ceiling with a bar area to serve cocktails and drinks. Beer and wine license included. Seller spent $200,000 to remodel a year ago with new paint, new tables.
Asking Price
$286,000
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Posting: 291355 | Available | 3/29/25
High volume Chinese restaurant for sale in Fremont. Located 4 minutes from mission San Jose HS. Parking shared with other tenants. Recently remodeled with new paint, new flooring and added additional fridge. They have private rooms for groups. They make traditional Chinese food from Sichuan.
Asking Price
$348,000
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Posting: 291354 | Available | 3/29/25
17 years Established Chinese restaurant for sale in Palo Alto. Located 8 minutes from Stanford university campus. Authentic Sichuan cuisine with spicy flavors and vegan options in a no-frills space. Plenty of parking in back for customer. Lease amount is $8300. 80% of the business is take out only.
Asking Price
$186,000
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$1,200,000
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Posting: 287641 | Available | 3/27/25
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
$295,000
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Posting: 288183 | Available | 3/27/25
This amazing Chinese restaurant for sale in Fremont offers traditional cuisine from Sichuan and Hunan, which is a rare find in the area. The restaurant features private rooms for groups and shares parking with other tenants.
Asking Price
$348,000
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Posting: 292417 | Available | 4/24/25
Freestanding building plus restaurant for sale in Oroville. Oroville is located in the Northern Sacramento Valley, in the Sierra Nevada Foothills. It's about 65 miles north of Sacramento. The restaurant is nestled downtown across the public parking and literally down the street from the theater.
Asking Price
$450,000
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Posting: 290250 | Available | 3/31/25
A profitable Chinese restaurant for sale is in a desirable upscale area. It is in a busy shopping center with ample parking. It's a good-sized kitchen with a 22-foot hood and a walk-in cooler/freezer combo unit. It has an ADA restroom. It is 1,552 sq.ft. The rent is $5,943 + $1,597 (water and NNN).
Asking Price
$280,000
Cash flow
$139,620
Revenue
$720,000
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Posting: 291553 | Available | 4/13/25
Korean-Chinese Restaurant for Sale in Prime Los Angeles Shopping Mall Location Stable Operation & High Potential
Asking Price
$120,000
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Posting: 290839 | Available | 2/26/25
Hong Kong style restaurant for sale in San Francisco outer Richmond. Located in commercial area surrounded by restaurants, cafes, retail shops. This Hong Kong-style cafe blending Chinese and Western dishes in a classic diner setting. 1100 square feet with less than 49 seating.
Asking Price
$195,000
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Posting: 291257 | Available | 3/24/25
This restaurant is located in the heart of downtown Davis, just a step- away from UC Davis, this spacious restaurant offers an incredible opportunity with steady foot traffic from students, faculty, and residents. The Layout is versatile, making it ideal for various dining concepts.
Asking Price
$280,000
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Posting: 291147 | In Escrow | 3/17/25
Super High volume Chinese restaurant for sale in San Francisco Chinatown just few blocks from North beach. Cantonese eatery known for roast duck and crispy pork at budget prices. This is No-nonsense institution known for its hearty plates of straight-up Chinese cooking. Lease amount is $7000.
Asking Price
$248,000
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Posting: 290931 | Available | 4/16/25
Asian restaurant for sale in Downtown Menlo Park. A hidden gem serving cuisine with hand-pulled noodles and lamb kabobs in a cozy, dimly lit setting. The booths are long and have grills on top that have been covered. Plenty of parking on street along with public parking lot nearby.
Asking Price
$350,000
Cash flow
$120,000
Revenue
$485,000
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$95,000
Posting: 290291 | Available | 3/23/25
For sale is a Chinese restaurant located in Orange County in a prime location, complete with an alcohol license. The store size is 2,000 square feet, offering a good space for a Japanese sushi restaurant or a Korean soon tofu restaurant.
Asking Price
$180,000
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$685,000
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Posting: 291392 | Available | 4/1/25
Unique Vegan Chinese restaurant with type 47 hard liquor license for sale in Downtown Sacramento. Casual locale for vegan versions of Chinese dishes, as well as bubble teas. The restaurant itself is tucked in corner. Shared indoor space with boba tea so you can get your boba tea fixed.
Asking Price
$180,000
Cash flow
$160,000
Revenue
$24,000
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Posting: 290414 | Available | 1/31/25
Chinese Fast Food in a good location and very good rent for Anaheim, Its been run semi absentee and it can be changed to your concept very easy.
Asking Price
$99,000
Cash flow
$190,000
Revenue
$500,000
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Posting: 292481 | Available | 4/28/25
This established and profitable Asian restaurant franchise has been a local favorite for over five years, offering quality Asian cuisine with a focus on Chinese and Japanese dishes at affordable prices.
Asking Price
$350,000
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Posting: 291355 | Available | 3/29/25
High volume Chinese restaurant for sale in Fremont. Located 4 minutes from mission San Jose HS. Parking shared with other tenants. Recently remodeled with new paint, new flooring and added additional fridge. They have private rooms for groups. They make traditional Chinese food from Sichuan.
Asking Price
$348,000
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Posting: 286755 | Available | 4/17/25
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
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Posting: 291378 | Available | 3/31/25
A Chinese restaurant is for sale in a good area. It is in a small plaza with parking spaces. The rent is very reasonable. It has a good size dining area. A storage. The kitchen has a 19' hood, a walk-in cooler, and other equipment. It is 2400 sq.ft. The rent is $3950. The lease has 5+5 year option.
Asking Price
$160,000
Cash flow
$99,500
Revenue
$360,000
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$199,000
Posting: 288614 | Available | 9/24/24
Discover an exceptional opportunity to own a distinguished Vietnamese restaurant located in the affluent area of Los Angeles County. Renowned for its authentic Vietnamese, Thai, Chinese, and Japanese cuisine, this family-operated gem has cultivated a dedicated clientele.
Asking Price
$199,000
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Posting: 291354 | Available | 3/29/25
17 years Established Chinese restaurant for sale in Palo Alto. Located 8 minutes from Stanford university campus. Authentic Sichuan cuisine with spicy flavors and vegan options in a no-frills space. Plenty of parking in back for customer. Lease amount is $8300. 80% of the business is take out only.
Asking Price
$186,000
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Posting: 291092 | Available | 3/13/25
Don't miss the opportunity to own a fully equipped kitchen chinese restaurant close to downtown San Jose area. Owners want to retire and want to sell their restaurant with a very reasonable price. Contact Thao Pham today to schedule a viewing and take the first step toward owning your own business.
Asking Price
$100,000
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Posting: 289161 | Available | 4/2/25
Sushi and Chinese Restaurant is located in a very nice town in Marin County. It is a stand alone building with private parking lot. There is drive through. It is next to a brand name grocery store. No competition around. It can be converted to other concepts per landlord approval.
Asking Price
$99,000
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Posting: 292386 | Available | 4/22/25
A beautifully deisnged Chinese restaurant is in a desirable area on Irving St. A good atmosphere dining area consists of tables, chiars, booths and high ceiling. There is a 28' hood in the kitchen. Two walk-in refrigeration. Two ADA restrooms. Storage. It is 2900 sq.ft. The rent is $9180.
Asking Price
$308,000
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Posting: 291356 | Available | 3/29/25
Asian restaurant for sale in Concord plaza. Plenty of parking for customers on plaza. Approximately 2800 with 108 legal seating inside. High ceiling with a bar area to serve cocktails and drinks. Beer and wine license included. Seller spent $200,000 to remodel a year ago with new paint, new tables.
Asking Price
$286,000
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Posting: 283743 | In Escrow | 4/30/24
For sale is a super high-volume Asian restaurant for sale in Larkspur main street. It is a hidden gem with a lovely pleasant outdoor patio in the back with decorative lights and a lemon tree. The ambiance is nice and tucked away from a casual neighborhood spot. It is in Marin County.
Asking Price
$450,000
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Posting: 291380 | Available | 3/31/25
A Chinese restaurant for is in a busy shopping center with ample parking. It is surrounded by an upscale neighborhood. A beer and wine license. A good size kitchen with a 20' hood, a walk-in cooler, a walk-in freezer, and other kitchen equipment. Two ADA restrooms. It is 2200sq.ft.
Asking Price
$118,000
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$2,000,000
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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
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$2,200,000
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$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
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Posting: 207542 | Available | 4/25/25
This restaurant is located in a very nice neighborhood shopping center with a nice selection of stores. This neighborhood is a safe and desirable area. The center has no other Chinese restaurants and the area has only a few Chinese restaurants so there is little competition in this area.
Asking Price
$118,000
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Posting: 291173 | Available | 3/19/25
Well established and busy Chinese Cuisine. A very easy business to run. Has a lot of growth potential. Great and busy location. Close to Freeway Exit. Seller has been in the restaurant business for several years. Monthly Rent: $2,100 (Includes NNN).
Asking Price
$100,000
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Posting: 289334 | Available | 4/28/25
For sale is a fully turnkey Korean-Chinese restaurant located in a busy shopping center. The restaurant spans 1,900 square feet, with rent at $9,100 per month, including CAM. It features a fully equipped kitchen with a 20-foot hood and a walk-in cooler.
Asking Price
$299,999
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$1,200,000
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Posting: 286495 | Available | 5/9/24
For sale is a grand scale, high volume, profitable Chinese restaurant that operates within a 6,000 square foot standalone building with super low rent.
Asking Price
$1,200,000
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
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll 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.
ServingAll 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.
Whether you are just jumping into the business world or have already been dealing with businesses, buying a business requires pre-planning and a strategic approach. Buying the right small business requires a lot of industry research and planning. Particularly if you are new to entrepreneurship...
Are you thinking about buying a business but not sure where to start? You're not alone! Buying a business can seem overwhelming, but with the right steps, you can make the process smooth and successful. In this guide, we'll break down how buying a business works, step by step. Let's dive in!
Although purchasing an established company can be a thrilling and lucrative opportunity, it also requires extensive planning and research. This guide will walk you through what to consider when buying a business, from the first steps of identifying the right type of business to the final stages of s
Cash flow is a great estimate of the sources and uses of cash. Essentially it measures the money flowing into and out of a business, serving a business's financial lifeblood, and indicates whether income exceeds expenses. Positive cash flow, where more money is coming in than going out, is a good s
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Seller financing is an arrangement where the seller of a business provides a loan to the buyer to cover part of the purchase price. Instead of relying solely on traditional lenders such as banks, the seller be comes the lender, and the buyer pays in installments, typically with interest, over a...
Are you ready to sell your business, but need help in marketing a business listing to possible buyers? Since 90% of buyers want to buy a business online, take advantage of the chance that digital marketing offers to sell your company quickly.
Buying a business is an exciting alternative to starting from scratch. It lets you skip some of the challenges of building a startup from scratch, like building a customer base or creating a product, and instead jump into a company that's already up and running. But buying a business involves...
Buying a business can be one of the biggest decisions you'll make. To avoid costly mistakes, you need to know the right questions to ask. Asking the right questions will make sure you are making the right deal. Moreover, you will get detailed knowledge about how the business has performed in the...
Selecting the right Mergers and Acquisitions (M&A) advisor is a pivotal decision for business owners contemplating the sale of their company.
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.
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Buying a business is a big step for an entrepreneur to take. This is why utilizing the right business buying services is crucial as you go about your process. In this article, we will break down each service, what they are for, and why they are essential to your buying process.
Buying a business can be a life-changing event that can make you your own boss, rather than making money for others, you make it for yourself and your family. However, it's crucial to approach it with caution, excitement, and thoroughness.
Business valuation is crucial when selling or buying a business for several reasons: informed decision-making, strategic planning for growth, and due diligence. Every business owner has goals for growth and success, which is why knowing the value of your business is so important. Understanding your
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.
Course Objective: To equip new business brokers with the knowledge and skills necessary to demonstrate and deliver exceptional value to business buyers seeking to acquire businesses.
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.
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.
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!
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.
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.
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.
