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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
This Chinese fast-food restaurant is on the market for sale in an "as-is" condition, as an asset sale. The new owner has the flexibility to either retain the existing menu or introduce a completely new concept. The restaurant boasts a prime location.
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.
This Chinese restaurant is an old-fashioned eatery preparing hearty, family-style Chinese meals for dine-in or carryout. Over 33 plus years in town, a local favorite is located in a strip center anchored by major national tenants, and other local retailers. There is ample parking to accommodate.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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.
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.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business?
This article will walk you through the process of buying a business.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
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.
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.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
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.
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!
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.
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 idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
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.