Status: Off The Market
Posting ID: 262846
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Asking Price
NOTE: This BizBen Posting #262846 Vending Route - Part Time, Great Account in Chino, San Bernardino County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$676,705
Revenue
$2,438,589
Down
Call/Email
Posting: 283460 | Available | 11/23/23
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$2,800,000
Cash flow
$233,504
Revenue
$817,600
Down
Call/Email
Posting: 285621 | Available | 3/12/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$368,986
Revenue
$1,305,980
Down
Call/Email
Posting: 284111 | Available | 1/20/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
$630,815
Revenue
$2,211,596
Down
Call/Email
Posting: 283103 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,200,000
Cash flow
$344,176
Revenue
$1,590,805
Down
Call/Email
Posting: 280686 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,000,000
Cash flow
$453,042
Revenue
$1,614,539
Down
Call/Email
Posting: 280928 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,400,000
Cash flow
$280,000
Revenue
$400,000
Down
Call/Email
Posting: 285514 | Available | 4/16/24
Unlock the gateway to lucrative investment in Los Angeles, California with our exclusive 130-unit ATM portfolio. This unparalleled opportunity boasts strategically positioned ATMs, meticulously located for optimal efficiency in cash replenishment routes.
Asking Price
$1,200,000
Cash flow
$266,399
Revenue
$931,450
Down
Call/Email
Posting: 281666 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$825,000
Cash flow
$428,000
Revenue
$1,514,191
Down
Call/Email
Posting: 280021 | Available | 10/12/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since inception.
Asking Price
$1,375,000
Cash flow
$340,109
Revenue
$1,198,468
Down
Call/Email
Posting: 286320 | Available | 4/29/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,050,000
Cash flow
$451,110
Revenue
$1,672,397
Down
Call/Email
Posting: 283995 | Available | 3/13/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,400,000
Cash flow
$304,277
Revenue
$1,084,191
Down
Call/Email
Posting: 284405 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$800,000
Cash flow
$289,289
Revenue
$863,811
Down
Call/Email
Posting: 281457 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$800,000
Cash flow
Call/Email
Revenue
$104,000
Down
Call/Email
Posting: 277432 | Available | 2/27/24
For sale is one of the few essential businesses. It is a top pool service route with 50 top accounts. It is open 4 days a week with room for expansion. There is a $6,320 monthly recurring billing, plus repairs and maintenance income. No experience is necessary. Excellent training and backup.
Asking Price
$84,000
Cash flow
$129,170
Revenue
$543,375
Down
Call/Email
Posting: 283139 | Available | 2/9/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$450,000
Cash flow
$266,700
Revenue
$938,052
Down
Call/Email
Posting: 284038 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$675,000
Cash flow
$374,855
Revenue
$1,330,445
Down
Call/Email
Posting: 284213 | Available | 12/8/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,000,000
Cash flow
$210,821
Revenue
$787,255
Down
Call/Email
Posting: 280587 | Available | 7/20/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$600,000
Cash flow
$510,000
Revenue
$2,058,000
Down
$450,000
Posting: 285703 | Available | 3/19/24
New Price! Seize the opportunity to acquire a thriving operation from a tenured contractor with 13 years of experience in the FedEx Ground space. Route adjustments have led to improved profitability. Hit the ground running with over $2M in revenue!
Asking Price
$1,800,000
Cash flow
Call/Email
Revenue
$1,834,005
Down
Call/Email
Posting: 275589 | Available | 2/7/24
Well-established and highly profitable FedEx Linehaul routes, 8 routes in Ventura. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place.
Asking Price
$995,000
Cash flow
$187,112
Revenue
$1,098,361
Down
Call/Email
Posting: 285327 | Available | 2/23/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$500,000
Cash flow
$282,419
Revenue
$1,225,858
Down
Call/Email
Posting: 284179 | Available | 12/6/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$725,000
Cash flow
$180,248
Revenue
$1,123,529
Down
Call/Email
Posting: 285999 | Available | 4/5/24
FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place
Asking Price
$150,000
Cash flow
$211,836
Revenue
$725,852
Down
Call/Email
Posting: 285676 | Available | 3/15/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$650,000
Cash flow
$297,904
Revenue
$1,231,756
Down
Call/Email
Posting: 284164 | Available | 4/30/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,150,000
Cash flow
$452,362
Revenue
$1,312,749
Down
Call / Email
Posting: 283262 | Available | 4/5/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,050,000
Cash flow
$303,663
Revenue
$1,073,919
Down
Call/Email
Posting: 283141 | Available | 2/13/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,100,000
Cash flow
$193,395
Revenue
$775,689
Down
Call/Email
Posting: 284037 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$91,624
Revenue
$161,933
Down
Call/Email
Posting: 283581 | Available | 5/15/24
For sale is this home-based cleaning business that's ready for its next owner. With an impressive 14-year track record, this cleaning business has built a stellar reputation in San Diego. Trust and credibility are already established, setting you up for success from day one.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$907,962
Down
$125,000
Posting: 283950 | Available | 5/18/24
This is a fully equipped retail tire sales and service center for sale. The sale includes $50,000 of inventory. Price can be reduced by the inventory amount if Buyer does not wish to take over the inventory. Property is available for sale at $2,490,000 or can be leased.
Asking Price
$125,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/19/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$54,718
Revenue
$633,753
Down
$54,718
Posting: 284333 | Available | 12/17/23
This auto repair shop in the Diamond Bar has an outstanding location on a very busy street. There is plenty of parking and room for vehicles. The profitable shop stays busy based on its great location and well-established customer base. There are 6 bays, 5 lifts, and 1 alignment rack.
Asking Price
$89,850
Cash flow
$112,000
Revenue
$700,000
Down
Call/Email
Posting: 283829 | Available | 11/13/23
This is a fantastic opportunity to acquire a highly reputable residential landscaping company that has established itself as one of the leading service providers in Worcester County The owner is seeking to sell the business, (including all inventory, furniture, fixtures, equipment and vehicles).
Asking Price
$350,000
Cash flow
$110,000
Revenue
$145,000
Down
Call / Email
Posting: 270301 | Available | 12/21/22
Interiorscapes provides consistent, quality interior plantscape design, installation and maintenance for their clients. They customized every interior plant design to fit the needs of their clients, taking in the requirements of each architectural style, traffic pattern and light source.
Asking Price
$195,000
Cash flow
$101,200
Revenue
$260,000
Down
$169,000
Posting: 277241 | Available | 4/16/24
For sale is a well-established auto repair shop with a history spanning 31 years, prominently located on a major high-traffic boulevard in an auto center building. The shop benefits from its 2,800 square-foot unit that offers excellent visibility, easy access, and ample parking.
Asking Price
$169,000
Cash flow
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Revenue
Call/Email
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Posting: 286188 | Available | 4/18/24
In the HVAC industry, we're the epitome of innovation and reliability. Blending craftsmanship with cutting-edge tech, we ensure comfort and efficiency. Our mission? Beyond temperature control. We offer adaptable, sustainable solutions, leading the way in energy-efficient HVAC systems.
Asking Price
$499,000
Cash flow
$190,000
Revenue
$985,000
Down
Call/Email
Posting: 285681 | Available | 3/21/24
This is a 6,000 sq ft. auto repair business with 1/2 acre fenced in lot with parking for 35 cars. Thirty four year history of consistent profitability. Stellar reputation in the community with 5 star Yelp and Google ratings. Owner doesn't do any type of marketing. Seller owns the property.
Asking Price
$474,000
Cash flow
$105,492
Revenue
$267,518
Down
Call/Email
Posting: 279027 | Available | 5/14/24
This company provides water treatment solutions for residential, commercial, and industrial customers. They offer a range of products and services including water softeners, reverse osmosis systems, iron filters, and more to improve the quality and safety of water.
Asking Price
$275,000
Cash flow
$194,133
Revenue
$1,000,521
Down
Call/Email
Posting: 270440 | Available | 2/27/24
This established HVAC company has a great reputation! It has been established for 27 years. The company primarily works with residential customers. Their vehicles are well maintained. Plenty of opportunities for growth, as work is turned down on a weekly basis. Gross Rev: 1M; Cash Flow: 194K
Asking Price
$850,000
Cash flow
$151,000
Revenue
$423,000
Down
Call/Email
Posting: 279784 | Available | 1/24/24
This profitable, top-ranked residential plumbing company has been in SFV for over 30 years! Recommended by the city of Burbank in local area moms' clubs, and it has 100's of satisfied and active customers. It is home based, owner operated all tools and supplies including truck included in the sale.
Asking Price
$310,000
Cash flow
$170,000
Revenue
$644,000
Down
$300,000
Posting: 267070 | Available | 3/17/22
Begun as a tiny tool store in 1986, skyway tool center is now a 5000 sq. ft. retail tool store located in beautiful Chico, California. A family owned and operated tool business, skyway tool center opened skywaytools. com in 1995. In 2005 the tool store owners built a new tool store after renting.
Asking Price
$549,000
Cash flow
$341,997
Revenue
$800,606
Down
$5,500,000
Posting: 283990 | Available | 4/24/24
For sale is a comprehensive, built-out and turn-key truck services center. There is approximately 4.5 acres of real estate included. It is in a major north-south travel corridor. Their FDOT average daily traffic count is 18,400.
Asking Price
$5,500,000
Cash flow
N/A
Revenue
$55,000
Down
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Posting: 286386 | Available | 5/2/24
An established shoe repair business is up for sale in Monrovia, San Gabriel Valley, LA County, operating at the same location for over 30 years. It earns 60k+ annually from repeat customers alone, without any ads. With fantastic Yelp and Google reviews and low rent at $1,200/month.
Asking Price
$49,000
Cash flow
$128,052
Revenue
$225,203
Down
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Posting: 284648 | Available | 1/12/24
The opportunity presented is with a company that specializes in water treatment solutions for both residential and commercial customers. They offer an array of products and services, including reverse osmosis systems and water softeners, aimed at enhancing water quality and safety.
Asking Price
$326,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 5/16/24
This state-of-the-art express car wash and car care center was recently converted to an express car wash and opened up about Early 2022. The sellers spent over $1.1 million on the conversion, adding state-of-the-art equipment including 18 vacuums.
Asking Price
$3,477,000
Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 1/24/24
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Asking Price
$2,039,988
Cash flow
$1,100,000
Revenue
$4,676,582
Down
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Posting: 283613 | Available | 10/31/23
This is South Florida's best in truly unique, custom holiday decor, locally owned & operated, serving the commercial and residential community since 2000! From dazzling tree lighting to custom holiday displays, they specialize in creating festive, enchanting and memorable holiday experiences.
Asking Price
$5,750,000
Cash flow
$147,000
Revenue
$486,760
Down
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Posting: 285769 | Available | 3/21/24
This is a full-service sign company located in North Orange County. Established in 1996, they specialize in meeting the needs of homebuilders. Since then they have expanded and assist industrial and commercial clients, residential property management companies
Asking Price
$399,000
Cash flow
$148,248
Revenue
$1,010,052
Down
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Posting: 280935 | Available | 3/21/24
The most recognized name in the muffler service and repair business, Midas is poised to take advantage of the growing used car market and remain an industry leader. Go with a winner, Midas. Imagine a 42% return on your money and pride of ownership!
Asking Price
$350,000
Cash flow
$127,662
Revenue
$803,459
Down
$200,000
Posting: 279110 | Available | 3/19/24
We are seeking a local Temecula Valley owner-operator to take the reins of this well-established and respected jewelry business. The business buys, sells, designs, and repairs gold, jewelry, and watches. The business enjoys an enviable following of repeat customers and can boast many 5-star reviews.
Asking Price
$390,000
Cash flow
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285683 | Available | 4/18/24
This is a tire & auto repair business for sale. This business has been there for over 59 years. They have good Yelp reviews. Rent is $7,000 and the size of the store is 3,200 sq ft. There are total 7 bays (1 single +3 double). The owner is managing the store and care customers.
Asking Price
$729,999
Cash flow
$505,087
Revenue
$2,889,392
Down
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Posting: 281859 | Available | 7/31/23
This listing is for a commercial maintenance coating company that has served Central and North Alabama for 70 years. As the third-generation approaches retirement it is time for the business to be handed off.
Asking Price
$1,806,000
Cash flow
1,000,000 plus
Revenue
Call/Email
Down
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Posting: 257529 | Available | 3/14/23
After 25 years of estatablished business sell to retire and focus on real estate development projects. 2023 on track to show over $1,000,000 in owner benifit. Company includes $400K of hard asset, and Land with house for sale or lease/option.
Asking Price
$4,000,000
Cash flow
$363,000
Revenue
$1,360,000
Down
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Posting: 280572 | Available | 4/12/24
Established in 2011, this landscape maintenance & design company employs staff that are professional, friendly, respectful, well-organized, and hard-working. They are focused on quality work and perfectionism and their clients appreciate that! Cash Flow $363,000 Gross $1,360,000
Asking Price
$600,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284209 | Available | 4/3/24
Express Auto Repair Shop is a well-established business in a great location around the area of San Bruno. The shop is located in an industrial warehouse on a high-traffic street. This business has been here for a long time and has over 30 years of experience.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 281487 | Available | 2/22/24
This company provides temperature control solutions for indoor and outdoor events in Northern California. They provide heating and cooling equipment for parties, weddings, corporate functions, sporting events, and backyard get-togethers with family and friends.
Asking Price
$499,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
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
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
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Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
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.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
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.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
