Cash flow
Call/Email
Revenue
$950,000
Down
Call/Email
Posting: 286105 | Available | 4/12/24
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: 272142 | Available | 4/11/24
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 282130 | Available | 4/9/24
For sale is a Chinese fast restaurant on busy Webster Street with a constant flow of foot traffic. This is one of the busiest areas in Alameda. It is bright and has high ceilings. The big kitchen has a 10' hood with a huge food preparation area. Two storages and an office. 1700sf. Rent is $2906.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285018 | Available | 4/5/24
For sale is a hot pot restaurant that has lower than market rent. This restaurant has been there for 10 years with loyal customers. The size of the restaurant is 5,000 sq ft. and rent is $7,800. Last year's sales were around $1,200,000. Currently, the owner works a couple of days for a few hours
Asking Price
$349,999
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 284710 | Available | 4/5/24
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
$1,647,000
Down
Call/Email
Posting: 285961 | Available | 4/3/24
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
$380,000
Cash flow
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 284006 | In Escrow | 3/13/24
This is a family-owned Asian restaurant for sale in Downtown Vallejo. They do take-out only plus Doordash and Grubhub delivery apps to provide additional income for this restaurant. It has been established for many years in the Vallejo community. It is owner-operated with one staff.
Asking Price
$168,000
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
$158,000
Revenue
$864,000
Down
Call/Email
Posting: 284897 | Available | 3/11/24
This restaurant is a cornerstone in the Milpitas community, preparing family-style Chinese meals for dine-in or carryout. With over 23 plus years in town, a local favorite located in a shopping center anchored by National and regional retailers. They have ample parking to accommodate customers.
Asking Price
$250,000
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
$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
$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: 285205 | Available | 2/16/24
This hot pot restaurant is situated in a prime location within a plaza in Daly City. It is conveniently located in a plaza with excellent foot traffic. The restaurant has a steady customer base, stable business, and low rent. It is surrounded by residential areas and nearby shops.
Asking Price
$200,000
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
$800,000
Down
$170,000
Posting: 275794 | In Escrow | 2/12/24
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
$170,000
Cash flow
$30,000
Revenue
$400,000
Down
$75,000
Posting: 284892 | In Contract | 1/29/24
Price lowered fr $99k. For sale is a profitable, well-established Chinese restaurant located in a strip center serving North County San Diego. Very low rent $2800 +NNN by space 1000 sf. The monthly sale $30-40k. This is a good opportunity for a turnkey business that can be different concepts.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$700,000
Down
$260,000
Posting: 284254 | Available | 12/12/23
For sale is a Chinese restaurant famous for seafood with a banquet hall in a historical building. The dine area is 5600 sq. ft. banquet hall 2nd floor by same size. The owner will be the future landlord, the rent is $2 per sf., the sales between $60k-90k depend on the parties & events.
Asking Price
$260,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284239 | Available | 12/9/23
For sale is a newly remodeled restaurant at an excellent location in San Jose. They do catering and have an established customer base. It is ideal for a Chinese or Vietnamese Menu. This is the perfect location for the restaurant to thrive on a to-go business plan and has ample space.
Asking Price
$200,000
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
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Posting: 284088 | Available | 11/29/23
For sale is a popular dumpling restaurant located in downtown San Leandro. It's in an excellent location facing a busy street with heavy foot traffic. It is a free-standing building with ample parking in the back. The dining area is bright with neat, spacious, and comfortable seating.
Asking Price
$180,000
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/Email
Revenue
Call/Email
Down
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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
$144,000
Revenue
$780,000
Down
Call/Email
Posting: 283742 | Available | 11/8/23
If you are seeking savory and authentic Chinese food in the South Bay, there is no better place than this Chinese food that makes you crave more of their authentic Chinese food in Torrance. All ingredients are fantastic quality and it is always top quality and fresh.
Asking Price
$144,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$30,000
Posting: 279109 | Available | 9/3/23
The restaurant is in a free-standing building in Hayward and near Southland Mall. The free-standing building with excellent visibility and ample free parking in a lot adjacent to the building. There is a hard liquor license with the business and will be included in the purchase price.
Asking Price
$280,000
Cash flow
$300,000
Revenue
$1,020,000
Down
Call/Email
Posting: 282028 | Available | 8/7/23
If you are seeking a savory, authentic, awesome, and unique Chinese restaurant, this is the place. The entire ambiance is really refreshing, sumptuous, relaxing, and cozy with a small Koi Pond, peaceful music, and great decor.
Asking Price
$420,000
Cash flow
$60,000
Revenue
$1,000,000
Down
$100,000
Posting: 273400 | Available | 3/3/23
This gourmet Chinese restaurant in Riverside County is part of a group of restaurants owned and operated by the original owner and founder. They are famous for their high-quality and delectable cuisine served in an elegant environment. They have a full bar and food delivery is large part of service.
Asking Price
$120,000
Cash flow
$108,000
Revenue
$660,000
Down
$210,000
Posting: 255809 | Available | 3/12/21
Chinese Fast Food in Riverside near by UCR. Excellent location. Established Long Years. Steady Income. Close to the 91 and 60 Fwy.
Asking Price
$210,000
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
$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: 282130 | Available | 4/9/24
For sale is a Chinese fast restaurant on busy Webster Street with a constant flow of foot traffic. This is one of the busiest areas in Alameda. It is bright and has high ceilings. The big kitchen has a 10' hood with a huge food preparation area. Two storages and an office. 1700sf. Rent is $2906.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 282454 | Available | 5/1/24
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. 2000 sq.ft.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
$1,647,000
Down
Call/Email
Posting: 285961 | Available | 4/3/24
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
$380,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 282842 | Available | 5/2/24
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
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
$1,200,000
Down
Call/Email
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
Cash flow
$70,279
Revenue
$240,086
Down
$165,000
Posting: 286534 | Available | 5/11/24
This is a rare opportunity to own a thriving restaurant with established reputation and dedicated customer base. Situated in 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
$165,000
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
$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
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
Call/Email
Down
Call/Email
Posting: 286358 | Available | 5/1/24
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.
Asking Price
$190,000
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
Call/Email
Revenue
$800,000
Down
$170,000
Posting: 275794 | In Escrow | 2/12/24
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
$170,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285398 | Available | 4/29/24
For an asset sale is a great and well-established Asian/Chinese restaurant on South St. in Cerritos. Its size is about 2,100 sq ft, Rent is $11,545 including NNN. It is a newly remodeled, well-maintained restaurant. It has a full kitchen and two restrooms.
Asking Price
$165,000
Cash flow
$144,000
Revenue
$780,000
Down
Call/Email
Posting: 283742 | Available | 11/8/23
If you are seeking savory and authentic Chinese food in the South Bay, there is no better place than this Chinese food that makes you crave more of their authentic Chinese food in Torrance. All ingredients are fantastic quality and it is always top quality and fresh.
Asking Price
$144,000
Cash flow
Call/Email
Revenue
$1,300,000
Down
Call/Email
Posting: 283743 | Available | 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
Cash flow
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 284006 | In Escrow | 3/13/24
This is a family-owned Asian restaurant for sale in Downtown Vallejo. They do take-out only plus Doordash and Grubhub delivery apps to provide additional income for this restaurant. It has been established for many years in the Vallejo community. It is owner-operated with one staff.
Asking Price
$168,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284679 | Available | 5/1/24
This is a Chinese restaurant for sale in an office area near Lawrence Expressway. The dining area can seat 40 people and there is also a patio area. No AC/heating system or walk-in cooler. The hood is is 11 feet. Restrooms are in the plaza shared with other tenants. It is 1,250 square feet.
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
$1,800,000
Down
Call/Email
Posting: 281952 | Available | 5/2/24
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
$630,000
Down
Call/Email
Posting: 285494 | Available | 5/9/24
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
$131,403
Revenue
$871,818
Down
Call/Email
Posting: 286232 | Available | 4/22/24
This restaurant has been in business for over 34 years, with very loyal customer base and steady profit (Except during COVID) This is fully equipped restaurant with A1 hood, grease trap, Wok set line, fryer, walk-in cooler, walk-in freezer and much more.
Asking Price
$149,000
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
$950,000
Down
Call/Email
Posting: 286105 | Available | 4/12/24
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 | 4/5/24
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
$30,000
Revenue
$400,000
Down
$75,000
Posting: 284892 | In Contract | 1/29/24
Price lowered fr $99k. For sale is a profitable, well-established Chinese restaurant located in a strip center serving North County San Diego. Very low rent $2800 +NNN by space 1000 sf. The monthly sale $30-40k. This is a good opportunity for a turnkey business that can be different concepts.
Asking Price
$75,000
Cash flow
$60,000
Revenue
$1,000,000
Down
$100,000
Posting: 273400 | Available | 3/3/23
This gourmet Chinese restaurant in Riverside County is part of a group of restaurants owned and operated by the original owner and founder. They are famous for their high-quality and delectable cuisine served in an elegant environment. They have a full bar and food delivery is large part of service.
Asking Price
$120,000
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
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
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
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
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
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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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.
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Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA 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!
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.
An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
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.
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.
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.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
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.
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.
